Attention Investors! Excellent Investment Opportunity in Historic Downtown Wilmington! Prime Location on peaceful oak lined street yet short walk to all Downtown Wilmington has to offer-restaurants, entertainment, Riverwalk, banks, businesses, churches, etc. There are three separate rental units in this property, one 3 bed/1bath and two 1bed/1 bath units . Great rental history. The adjoining three properties, (401, 403 & 41 Dock St) are for sale as well and can be purchased as a portfolio with 405 Dock. Each unit is individually metered for h2o/sewer and electricity.
Sold for $487,500
$487,500
405 Dock Street, Wilmington, NC 28401
5beds
3baths
3,351sqft
Triplex
Built in 1923
-- sqft lot
$491,900 Zestimate®
$145/sqft
$2,005 Estimated rent
Home value
$491,900
$453,000 - $536,000
$2,005/mo
Zestimate® history
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$2,805/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Alexander B Koonce 910-233-7225,
Intracoastal Realty Corp
Bought with:
Alexander B Koonce, 151540
Intracoastal Realty Corp
Source: Hive MLS,MLS#: 100474562
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Dining room
- Features: Eat-in Kitchen
Heating
- Heat Pump, Electric
Cooling
- Central Air, Heat Pump
Appliances
- Included: Electric Oven, Washer, Refrigerator, Dryer
- Laundry: Laundry Closet, Laundry Room
Features
- Wash/Dry Connect
- Flooring: Vinyl, Wood
- Basement: None
- Attic: Pull Down Stairs
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,351
- Total interior livable area: 3,351 sqft
Property
Parking
- Parking features: None
Features
- Levels: One,Two
- Stories: 2
- Entry location: 1st Floor,2nd Floor
- Patio & porch: Covered, Porch
- Fencing: None
- Waterfront features: None
Lot
- Size: 3,049 sqft
- Dimensions: 44 x 66
Details
- Parcel number: R04817036009000
- Zoning: HD-R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding
- 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, Sewer Connected, Water Available, Water Connected
Community & neighborhood
Location
- Region: Wilmington
- Subdivision: Historic District
HOA & financial
HOA
- Has HOA: No
- Amenities included: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2025 | Sold | $487,500-7.1%$145/sqft |
Source:  Hive MLS #100474562 Report a problem | ||
| 11/21/2024 | Pending sale | $525,000$157/sqft |
Source: Hive MLS #100474562 Report a problem | ||
| 11/6/2024 | Listed for sale | $525,000$157/sqft |
Source: Hive MLS #100474562 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,138 +3% | $360,700 |
| 2023 | $3,048 -0.6% | $360,700 |
| 2022 | $3,066 -0.7% | $360,700 |
| 2021 | $3,087 -3.7% | $360,700 +18.6% |
| 2020 | $3,204 | $304,200 |
| 2019 | $3,204 | $304,200 |
| 2018 | $3,204 | $304,200 |
| 2017 | $3,204 +1.8% | $304,200 +7.1% |
| 2016 | $3,147 +4.6% | $284,000 |
| 2015 | $3,008 +4.4% | $284,000 |
| 2014 | $2,880 | $284,000 |
| 2013 | -- | $284,000 |
| 2012 | -- | $284,000 -5.4% |
| 2011 | -- | $300,097 |
| 2010 | -- | $300,097 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $249,149 |
| 2004 | -- | $249,149 |
| 2003 | -- | $249,149 |
| 2002 | -- | $249,149 |
| 2001 | -- | $249,149 |
| 2000 | -- | $249,149 |
Find assessor info on the county website
Neighborhood: Old Wilmington
Nearby schools
GreatSchools rating
- 5/10Annie H Snipes ElementaryGrades: K-5Distance: 1.4 mi
- 6/10Williston MiddleGrades: 6-8Distance: 0.6 mi
- 3/10New Hanover HighGrades: 9-12Distance: 0.7 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
$491,900
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
$491,900
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