About This Home

This 24-bedroom, 18-bathroom multi-family at 4515 Greenway Avenue in Wilmington, NC is listed for $2,050,000 ($209 per sqft). Built in 2022, the home offers 9,792 sqft of living space on a 0.84 acres lot.

Key Features

  • Built in 2022
  • 0.84 acre lot
  • 2 stories

Property Details

2 stories
12 full
2022

Amenities

A/C
Listing Description

Rare opportunity to acquire a portfolio of three newer duplexes (6 total units) in one of Wilmington's strongest rental corridors near UNCW, Wrightsville Beach, shopping, dining, and Wilmington International Airport. The portfolio consists of six 4-bedroom, 3-bathroom units with strong rental history and professional management systems already in place.

Current gross income is approximately $169,200 annually with upside potential through future lease renewals and rent adjustments. Tenants pay utilities. Properties feature modern floor plans designed for shared occupancy and have benefited from numerous capital improvements and updates.

Sale includes an additional parcel offering potential future development opportunities, subject to buyer due diligence and municipal approvals. Excellent opportunity for investors seeking immediate cash flow, strong occupancy history, and long-term appreciation potential in a highly desirable Wilmington location.

Portfolio sale includes 271 S Kerr Ave, 4507 Greenway Ave, and 4515 Greenway Ave. Rent rolls, income statements, surveys, floor plans, and additional due diligence materials available upon request. Seller is a North Carolina Licensed Realtor.

Monthly Cost Estimate

$10,964/mo

20% down · 6.5% · 30 years

Principal$1,483
Interest$8,883
Insurance$598

Estimates only. Actual payments may vary.

Location

4515 Greenway Avenue

Wilmington, NC 28403

College Park

Features & Amenities

Interior Features

Ceiling Fan(s)

Property Details

Flooring

Lvt/lvp

Construction

Vinyl Siding Wood Frame

Outdoor Features

Porch

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Central Air

Questions & Answers

This 24-bedroom, 18-bathroom multi-family at 4515 Greenway Avenue is listed at $2,050,000 ($209/sqft). The estimated monthly payment is $10,964 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2022, 0.84 acre lot, 2 stories. Interior Features: Ceiling Fan(s).

This property is listed by Mark C Reiser.

MR

Mark C Reiser

License 268791

Agent at Coastal Properties

Listed by Coastal Properties · Broker phone: (910) 264-1974 · View on Broker Site · Broker website

MLS# 100583829· Source: Hive MLS· 130 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.

4515 Greenway Avenue, Wilmington, NC 28403

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