1101 Emory Street, Wilmington, NC 28405

Local realty services provided by:ERA Strother Real Estate
1101 Emory Street,Wilmington, NC 28405
$2,750,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: adam hashem
Office: east atlantic realty llc.
MLS#:100518138
Source:NC_CCAR

Price summary

  • Price:$2,750,000

About this home

11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes—all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth—making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.

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Home facts

  • Year built:1971
  • Listing ID #:100518138
  • Added:173 day(s) ago
  • Updated:December 30, 2025 at 11:12 AM

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Heat Pump, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:1971

Schools

  • High school:New Hanover
  • Middle school:Holly Shelter
  • Elementary school:Freeman

Finances and disclosures

  • Price:$2,750,000
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