Discover an incredible opportunity in the heart of Wilmington's growing rental market. 311 S 15th St is currently being used as an investment property and is tenant-occupied through June 2026, offering immediate income for anyone looking to expand their portfolio.
This property has strong potential to continue as a long-term investment or could be a fantastic option for a future owner-occupant wanting a home they can fix up and make their own. With its close proximity to Downtown, the Cargo District, and major Wilmington hotspots, the location alone offers great upside and convenience.
Whether you're looking for steady cash flow, a value-add renovation project, or a home to personalize down the road, this one checks the boxes. A solid tenant already in place makes the transition seamless for investors.
Sold for $222,000
$222,000
311 S 15th Street, Wilmington, NC 28401
2beds
970sqft
Single Family Residence
Built in 1923
5,662 Square Feet Lot
$221,200 Zestimate®
$229/sqft
$1,779 Estimated rent
Home value
$221,200
$210,000 - $234,000
$1,779/mo
Zestimate® history
Owner options
List your home for rent
$1,779/mo
Rent Zestimate®
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$1,779/mo
Rent Zestimate®
Refinance and save
$1,386/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,386/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Lee T Eatmon 252-205-6333,
Carolina One Properties Inc.,
Farra Andrews 919-302-6880,
Carolina One Properties Inc.
Bought with:
Wayne D Bigg, 230700
BlueCoast Realty Corporation
Source: Hive MLS,MLS#: 100543494
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Living Room, Dining Room, Sunroom, Master Bedroom, Bedroom 2
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Gas Cooktop
- Laundry: Dryer Hookup, Washer Hookup
Features
- None
- Flooring: LVT/LVP, Wood
- Basement: None
Interior area
- Total structure area: 970
- Total interior livable area: 970 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Off Street, Unpaved
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: None
- Pool features: None
- Fencing: Back Yard,Wood
- Has view: Yes
- View description: See Remarks
- Waterfront features: None
- Frontage type: See Remarks
Lot
- Size: 5,662 Square Feet
- Dimensions: 39 x 142
Details
- Parcel number: R05406027003000
- Zoning: R-5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Metal Siding, Wood Frame
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Green energy
- Green verification: None
Community & HOA
Community
- Subdivision: Rankin Place North
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $229/sqft
- Tax assessed value: $281,400
- Annual tax amount: $1,656
- Date on market: 12/1/2025
- Cumulative days on market: 126 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Sold | $222,000+3.5%$229/sqft |
Source:  Hive MLS #100543494 Report a problem | ||
| 4/6/2026 | Pending sale | $214,500$221/sqft |
Source: Hive MLS #100543494 Report a problem | ||
| 3/25/2026 | Price change | $214,500-2.1%$221/sqft |
Source: Hive MLS #100543494 Report a problem | ||
| 3/17/2026 | Price change | $219,000-2.2%$226/sqft |
Source: Hive MLS #100543494 Report a problem | ||
| 12/1/2025 | Listed for sale | $224,000+40%$231/sqft |
Source: Hive MLS #100543494 Report a problem | ||
| 12/16/2024 | Listing removed | $1,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2024 | Listed for rent | $1,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/4/2024 | Listing removed | $1,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/14/2024 | Listed for rent | $1,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/8/2021 | Sold | $160,000+154%$165/sqft |
Source: Public Record Report a problem | ||
| 8/29/2017 | Sold | $63,000+80%$65/sqft |
Source: Public Record Report a problem | ||
| 10/19/2015 | Sold | $35,000-68.8%$36/sqft |
Source: Hive MLS #30525816 Report a problem | ||
| 11/16/2011 | Listing removed | $112,000$115/sqft |
Source: Sold Buy the Sea Realty #460407 Report a problem | ||
| 3/16/2011 | Listed for sale | $112,000-6.7%$115/sqft |
Source: Sold Buy the Sea Realty #460407 Report a problem | ||
| 4/21/2008 | Sold | $120,000+253.2%$124/sqft |
Source: Public Record Report a problem | ||
| 1/11/2006 | Sold | $33,972$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,656 +48% | $281,400 +118.8% |
| 2024 | $1,119 +3% | $128,600 |
| 2023 | $1,087 -0.6% | $128,600 |
| 2022 | $1,093 -0.7% | $128,600 |
| 2021 | $1,101 +7.3% | $128,600 +32% |
| 2020 | $1,026 | $97,400 |
| 2019 | $1,026 | $97,400 |
| 2018 | $1,026 | $97,400 |
| 2017 | $1,026 +24.6% | $97,400 +31.1% |
| 2016 | $823 +4.6% | $74,300 |
| 2015 | $787 +4.4% | $74,300 |
| 2014 | $753 | $74,300 |
| 2013 | -- | $74,300 |
| 2012 | -- | $74,300 +0.4% |
| 2011 | -- | $73,992 |
| 2010 | -- | $73,992 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $69,071 |
| 2004 | -- | $69,071 |
| 2003 | -- | $69,071 |
| 2002 | -- | $69,071 |
| 2001 | -- | $69,071 |
| 2000 | -- | $69,071 |
Find assessor info on the county website
Neighborhood: Dry Pond/Lake Forest
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Annie H Snipes ElementaryGrades: K-5Distance: 0.7 mi
- 6/10Williston MiddleGrades: 6-8Distance: 0.3 mi
- 3/10New Hanover HighGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Snipes
- Middle: Williston
- High: Hoggard
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$221,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$221,200
- North Carolina
- New Hanover County
- Wilmington
- 28401
- Dry Pond/Lake Forest
- 311 S 15th Street
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