407 Maides Avenue, Wilmington, NC 28405

Local realty services provided by:ERA Strother Real Estate
407 Maides Avenue,Wilmington, NC 28405
$2,800,000
  • 35 Beds
  • 19 Baths
  • 13,104 sq. ft.
  • Multi-family
  • Active
Listed by: loretta hinson
Office: real broker llc.
MLS#:100540410
Source:NC_CCAR

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$213.68

About this home

Unlock a rare opportunity to own a well-performing multifamily property on a single parcel in a highly sought-after Wilmington neighborhood, currently cash flowing over $20,000 per month with three vacancies being filled that will push rents closer to $25,000, and with plenty of room to increase rents further. Amazing investment opportunity on this home with income potential for years. Each property has recently had up to $30,000 worth of updates that have brought it up to today's market standards. Step inside to discover modern finishes, refreshed interiors, and thoughtful upgrades that enhance comfort and appeal to long-term tenants. With strong rental demand in the area, this property offers consistent cash flow and room for appreciation. Whether you're expanding your portfolio or entering the market for the first time, this turnkey home stands ready to perform. Featuring a diverse mix of units from duplexes to quadplexes, the property has undergone significant renovations—over

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Home facts

  • Year built:1986
  • Listing ID #:100540410
  • Added:53 day(s) ago
  • Updated:January 18, 2026 at 11:20 AM

Rooms and interior

  • Bedrooms:35
  • Total bathrooms:19
  • Full bathrooms:19
  • Living area:13,104 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:1986
  • Building area:13,104 sq. ft.
  • Lot area:2.4 Acres

Schools

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

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$213.68
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