Price Reduced Listing
$700,000
 $3,652 est/mo Sourced by Back At You

305 Macmillan Avenue N,Wilmington, NC 28403

Wilmington, NC 28403

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Description

6.9% CAP rate - Investor opportunity in PRIME Midtown Wilmington location within 4 blocks of UNCW campus! Renovated duplex features two 3BR/3BA units, ample gravel parking, large lot with potential for future building/storage, and fenced rear yard. Property offers excellent flexibility for investors seeking rental income or an owner-occupant looking to live in one unit while renting the other. Covered porch, and patio provide additional space to relax and entertain. Metal roof installed in 2019. High rental demand in this location, with tenants already in place, makes this a turnkey investment opportunity. Appointment required; tenant occupied.

Details

MLS #100607026
Listing TypeFor Sale
StyleDuplex
Sub-TypeResale
StatusActive
Year1917
Days On Site33
Listing Provided ByColdwell Banker Sea Coast Advantage-Midtown | Tammie Fuerstenberg

Features

Bed(s)6
Bath(s)6
SQ Feet2,781
Story(s)1
Units2
ZoningR-10
Acreage0.41
Property ViewNone

Interior

Interior FeaturesHigh Ceilings, Wash/Dry Connect, Ceiling Fan(s)
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air

Exterior

RoofMetal
Foundation DetailsCrawl Space
ViewNone
Construction MaterialsBlock, Vinyl Siding

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesGravel, Off Street

Taxes

Tax Assessed Value575000
Tax Book Number6741
Tax Legal DescriptionBlk 3 Pt Fm 53 Winter Pk
Tax Year2025

Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28403
Elementary SchoolCollege Park
High SchoolHoggard
Listing VS Median (in 28403)
Price:
$700,000
low | high
Med:
$399,000
93% of Average
sqft:
2,781
low | high
Med:
1,893
81.9309600863% of Average
$ / sqft:
$252
low | high
Med:
$211
66.261489698891% of Average
On site:
33
low | high
Med:
58
56.896551724138% of Average
Sourced by Back At You

Market Activity 28403

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Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28403
Elementary SchoolCollege Park
High SchoolHoggard
Listing VS Median (in 28403)
Price:
$700,000
low | high
Med:
$399,000
93% of Average
sqft:
2,781
low | high
Med:
1,893
81.9309600863% of Average
$ / sqft:
$252
low | high
Med:
$211
66.261489698891% of Average
On site:
33
low | high
Med:
58
56.896551724138% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $525K - $875K
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
1204 43rd Street S Property Photo 1
$730,000
1204 43rd Street S
Wilmington, NC 28403
4924 Oleander Drive Property Photo 1
$525,000
4924 Oleander Drive
Wilmington, NC 28403
Listing Updated: October 29, 2026 at 1:13:02 AM PDT