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33903015

3 Locations

MR
NC 268791
$2,490,000
10 days on market
Updated 10 days ago

4515 Greenway Avenue

Details
APN R04919-008-002-000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,632
Units 4
NOI $169,200
Tenancy Multi
Price per SqFt $1,632
Year Built 2022
Buildings 3
Stories 2
Acreage 0.840
Zoning R-5

4515 Greenway Avenue, Wilmington, NC 28403

Marketing 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.

Listing Contacts

MR
NC 268791

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$169,200.00
$14,100.00/mo

Valuation Metrics

0
DSCR
6.8%
Cap Rate
6.8%
ROI

Map

Zoning

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R-5 ResidentialMulti FamilyMedium Density Mixed Residential
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Mark Reiser
License
268791
Brokerage
Mark Reiser
Brokerage Phone
9103526110
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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