Calling all investors, don't miss out on this incredible 4-unit Quadplex located in the heart of historic downtown Wilmington! This property offers a unique blend of charm and modern updates, presenting a lucrative opportunity for savvy investors and boasting over 3,800 sq. ft. between the two levels. This property features two One bedroom units on the first floor, with Unit B featuring new updates in the kitchen and newly remodeled bathroom. The Second floor also features two units. Another One bedroom unit with fresh paint throughout and an updated bathroom. The Second floor also features a spacious 3 Bed-3 Bath unit. Some features include new paint throughout, newly remodeled kitchen, and remodeled bathroom. This quadplex epitomizes a prime investment with a diverse range of upgrades and reliable income streams. Seize this opportunity to own a remarkable piece of Wilmington's real estate heritage.
Sold for $1,050,000
$1,050,000
315 S 3rd Street, Wilmington, NC 28401
6beds
6baths
3,896sqft
Quadruplex
Built in 1870
-- sqft lot
$1,045,000 Zestimate®
$270/sqft
$1,968 Estimated rent
Home value
$1,045,000
$961,000 - $1.13M
$1,968/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jennifer Bullock Team 910-547-8535,
RE/MAX Executive
Bought with:
Andrea J Arth, 273169
Arth Real Estate Group LLC
Source: Hive MLS,MLS#: 100474752
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Heat Pump, Electric
Cooling
- Central Air
Appliances
- Included: Electric Oven, Washer, Refrigerator, Dryer
Features
- High Ceilings, Ceiling Fan(s), Furnished, Walk-in Shower, Blinds/Shades
- Flooring: Tile, Wood
- Attic: Permanent Stairs,Walk-In
- Furnished: Yes
Interior area
- Total structure area: 3,896
- Total interior livable area: 3,896 sqft
Property
Parking
- Parking features: See Remarks, Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Porch, Balcony
- Exterior features: Balcony
- Fencing: None
Lot
- Size: 0.28 Acres
- Dimensions: 60 x 201 x 62 x 201
Details
- Parcel number: R05405020003000
- Zoning: HD-R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Foundation: Crawl Space
- Roof: Composition,Membrane
Condition
- New construction: No
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Security Lights
Location
- Region: Wilmington
- Subdivision: Historic District
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2025 | Sold | $1,050,000-4.5%$270/sqft |
Source:  Hive MLS #100474752 Report a problem | ||
| 2/10/2025 | Contingent | $1,100,000$282/sqft |
Source: Hive MLS #100474752 Report a problem | ||
| 1/14/2025 | Listed for sale | $1,100,000$282/sqft |
Source: Hive MLS #100474752 Report a problem | ||
| 1/7/2025 | Contingent | $1,100,000$282/sqft |
Source: Hive MLS #100474752 Report a problem | ||
| 12/30/2024 | Price change | $1,100,000-7.6%$282/sqft |
Source: Hive MLS #100474752 Report a problem | ||
| 11/7/2024 | Listed for sale | $1,190,000+61.9%$305/sqft |
Source: Hive MLS #100474752 Report a problem | ||
| 10/20/2022 | Sold | $735,000-8%$189/sqft |
Source: Hive MLS #100341685 Report a problem | ||
| 9/21/2022 | Pending sale | $799,000$205/sqft |
Source: Hive MLS #100341685 Report a problem | ||
| 9/16/2022 | Listed for sale | $799,000$205/sqft |
Source: Hive MLS #100341685 Report a problem | ||
| 8/29/2022 | Pending sale | $799,000$205/sqft |
Source: Hive MLS #100341685 Report a problem | ||
| 8/18/2022 | Price change | $799,000-2%$205/sqft |
Source: Hive MLS #100341685 Report a problem | ||
| 7/29/2022 | Listed for sale | $815,000+90%$209/sqft |
Source: Hive MLS #100341685 Report a problem | ||
| 4/24/2017 | Sold | $429,000-4.7%$110/sqft |
Source: Public Record Report a problem | ||
| 3/2/2017 | Pending sale | $450,000$116/sqft |
Source: CENTURY 21 Sweyer & Associates #100046782 Report a problem | ||
| 2/7/2017 | Listed for sale | $450,000-18.2%$116/sqft |
Source: Century 21 Sweyer & Associates #100046782 Report a problem | ||
| 11/1/2006 | Sold | $550,000$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,750 +4.9% | $807,100 +55.1% |
| 2024 | $4,528 +3% | $520,500 |
| 2023 | $4,398 -0.6% | $520,500 |
| 2022 | $4,424 -0.7% | $520,500 |
| 2021 | $4,454 +15.8% | $520,500 +42.5% |
| 2020 | $3,847 | $365,200 |
| 2019 | $3,847 | $365,200 |
| 2018 | $3,847 | $365,200 |
| 2017 | $3,847 | $365,200 -3.6% |
| 2016 | -- | $379,000 |
| 2015 | $4,014 +4.4% | $379,000 |
| 2014 | $3,843 | $379,000 |
| 2013 | -- | $379,000 |
| 2012 | -- | $379,000 -8.3% |
| 2011 | -- | $413,519 |
| 2010 | -- | $413,519 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $304,963 |
| 2004 | -- | $304,963 +24.1% |
| 2003 | -- | $245,683 -4.7% |
| 2002 | -- | $257,794 |
| 2001 | -- | $257,794 |
| 2000 | -- | $257,794 |
Find assessor info on the county website
Neighborhood: Old Wilmington
Nearby schools
GreatSchools rating
- 5/10Annie H Snipes ElementaryGrades: K-5Distance: 1.5 mi
- 6/10Williston MiddleGrades: 6-8Distance: 0.6 mi
- 3/10New Hanover HighGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Snipes
- Middle: Williston
- High: New Hanover
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
$1,045,000
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
$1,045,000
- North Carolina
- New Hanover County
- Wilmington
- 28401
- Old Wilmington
- 315 S 3rd Street
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