About This Home

This 2-bedroom, 2-bathroom multi-family at 1920 Pender Avenue in Wilmington, NC is listed for $509,000 ($448 per sqft). Built in 1955, the home offers 1,137 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1955
  • 0.08 acre lot
  • Fireplace

Property Details

1 story
4 full
1955

Amenities

FireplaceA/C
Listing Description

Rare opportunity in the desirable Carolina Place neighborhood! 1920 Pender Ave offers something you don't find often- three income producing units all on one property. Situated on a corner lot, the property features a main residence along with a separate duplex/ADU, with all three units currently tenant occupied and generating rental income.

For investors, this is a great opportunity to add multiple rental units to your portfolio with one purchase. It could also be a great fit for an owner-occupant looking to live in the main home while continuing to generate rental income from the additional units.

Located just minutes from Downtown Wilmington, the property offers convenient access to some of the area's best dining, shopping, entertainment, and local favorites. With an established rental history, multiple income-producing units, and a location that's hard to beat, 1920 Pender Ave offers a level of versatility that is becoming increasingly difficult to find in Wilmington. Whether you're looking for your next investment or a home with additional income potential, this one is definitely worth a look!

Monthly Cost Estimate

$2,722/mo

20% down · 6.5% · 30 years

Principal$368
Interest$2,206
Insurance$148

Estimates only. Actual payments may vary.

Location

1920 Pender Avenue

Wilmington, NC 28403

Carolina Place

Features & Amenities

Interior Features

High Ceilings

Property Details

Construction

Wood Siding Wood Frame

Outdoor Features

Porch

Parking

On Street

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Central Air

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 1920 Pender Avenue is listed at $509,000 ($448/sqft). The estimated monthly payment is $2,722 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1955, 0.08 acre lot, Fireplace. Interior Features: High Ceilings.

This property is listed by Farra Andrews.

FA

Farra Andrews

License 342396

Agent at Carolina One Properties Inc.

Listed by Carolina One Properties Inc. · Broker phone: 9106796565 · View on Broker Site

MLS# 100594900· Source: Hive MLS· 83 days on PropertySimple

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1920 Pender Avenue, Wilmington, NC 28403

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