315 South 3rd Street

Wilmington, NC 28401

$1,190,000
Price
6
Beds
5
Baths
3,896 Sq. Ft.
$305 / Sq. Ft.
3,896
Sq. Ft.
$305
per Sq. Ft.
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Description

Calling all investors, don't miss out on this incredible 4-unit Quadplex located in the heart of historic downtown Wilmington! This property offers a unique blend of charm and modern updates, presenting a lucrative opportunity for savvy investors and boasting over 3,800 sq. ft. between the two levels. This property features two One bedroom units on the first floor, with Unit B featuring new updates in the kitchen and newly remodeled bathroom. The Second floor also features two units. Another One...Calling all investors, don't miss out on this incredible 4-unit Quadplex located in the heart of historic downtown Wilmington! This property offers a unique blend of charm and modern updates, presenting a lucrative opportunity for savvy investors and boasting over 3,800 sq. ft. between the two levels. This property features two One bedroom units on the first floor, with Unit B featuring new updates in the kitchen and newly remodeled bathroom. The Second floor also features two units. Another One bedroom unit with fresh paint throughout and an updated bathroom. The Second floor also features a spacious 3 Bed-3 Bath unit. Some features include new paint throughout, newly remodeled kitchen, and remodeled bathroom. This quadplex epitomizes a prime investment with a diverse range of upgrades and reliable income streams. Seize this opportunity to own a remarkable piece of Wilmington's real estate heritage.
  1. Listed by Jennifer Bullock Team • RE/MAX Executive

Property Details for 315 South 3rd Street

Parking Features
See Remarks, Off Street
Subdivision Name
Historic District
Zoning
HD-R
Parking Total
.00
Waterfront
No
LISTING UPDATED: 11/21/2024 10:46 AM

Property Details for 315 South 3rd Street

StatusActive
MLS #100474752
Days on Market48
Taxes$4,528 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Quadruplex
Year Built1870
Lot Size0.28 AC / 12,240 SF
CountyNew Hanover County

Building Information for 315 South 3rd Street

Stories2Residences-Year Built1870Building Size-Lot Size0.28 AC / 12,240 SF

Property Information for 315 South 3rd Street

Summary
Location and General Information
  • City: Wilmington
  • State Or Province: NC
  • Postal Code: 28401
  • County Or Parish: New Hanover
  • Directions: From Market Street turn onto S 3rd Street, Property is on the left. Driveway is to the right of house and parking is in the rear.
  • Latitude: 34.23
  • Longitude: -77.95
  • Number Of Units In Community: 4
  • City Limits: Yes
  • Property Exterior Interior Info: Waterfront: No
  • Building Info: Waterview: No
  • Property Exterior Interior Info: Location Type: Mainland
  • Legal and Taxes: Zoning Details: HD-R
Taxes and HOA
  • Tax Other Assessment Amount Frequency: N/A
  • Association Fee: $.00
  • Tax Legal Description: P/O Lots 4 & 5, Block 115, City of Wilmington
  • Tax Book Number: 0
  • Tax Map Number: R05405-020-003-000
  • Tax Year: 2024
  • Tax Assessed Value: $520,500.00
  • Parcel Number: R05405-020-003-000
  • Tax Block: 0
  • Association: No
  • Tax Annual Amount: $4,528.36
  • Legal and Taxes: HOA: No
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 6602
  • Legal and Taxes: Deed Page: 56.0
  • Legal and Taxes: Legal: P/O Lots 4 & 5, Block 115, City of Wilmington
  • Legal and Taxes: PID: R05405-020-003-000
  • Legal and Taxes: Plat Book: 0
  • Legal and Taxes: Plat Page: 0
  • Legal and Taxes: Tax Assessed Value: $520,500.00
  • Legal and Taxes: Total Real Estate Property Taxes: $4,528.36
  • Legal and Taxes: Tax Year: 2024
  • HOA Amenities: Stairs - Perm: Yes
  • HOA Amenities: Walk-In: Yes
Parking
  • Carport Spaces: .00
  • Attached Garage: No
  • Attached Garage Spaces: .00
  • Detached Garage Spaces: .00
  • Total Carport Spaces: .00
  • Parking Driveway: Off Street: Yes
School Information
  • Middle Or Junior School: Williston
  • High School: New Hanover
  • Elementary School: Snipes
Property
Lot Information
  • Lot Size Units: Acres
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Dimensions: 60x201x62x201
  • Building Area Total: 3896.0
  • Lot Size Square Feet: 12240.0
  • Property Exterior Interior Info: Lot Dimensions: 60x201x62x201
  • Property Exterior Interior Info: Lot Acres: 0.28
  • Property Exterior Interior Info: Lot Sq Ft: 12240.0
  • Side Unit 1: Avg Sq Ft: 627.0
  • Side Unit 2: Avg Sq Ft: 706.0
  • Side Unit 3: Avg Sq Ft: 1508.0
  • Side Unit 4: Avg Sq Ft: 666.0
Property and Assessments
  • Structure Type: Wood Frame
  • New Construction: No
  • Year Built: 1870
  • Legal and Taxes: Special Assessments: N/A
  • Construction: Wood Frame: Yes
  • Foundation: Crawl Space: Yes
Utilities
  • Sewer: Municipal Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Municipal Water
  • Service Providers: Electric Provider: Duke Energy
  • Service Providers: Natural Gas Provider: Piedmont Natural Gas Co.
  • Service Providers: Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers: Water Provider: Cape Fear Public Utility Authority
  • Utilities: Municipal Sewer: Yes
  • Utilities: Municipal Water: Yes
  • Utilities: Natural Gas Connected: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Stories Levels: Two: Yes
  • Construction Materials: Wood Siding
  • Roof: Membrane, Composition
  • Fencing: None
  • Exterior Features: Lighting, Balcony
  • Patio And Porch Features: Covered, Deck, Porch
  • Window Features: Blinds
  • Exterior Features: Security Lighting: Yes
  • Exterior Finish: Wood Siding: Yes
  • Fencing: None: Yes
  • Fuel Tank: None: Yes
  • Porch Balcony Deck: Balcony: Yes
  • Porch Balcony Deck: Covered: Yes
  • Porch Balcony Deck: Deck: Yes
  • Porch Balcony Deck: Porch: Yes
  • Roof: Composition: Yes
  • Roof: Membrane: Yes
Interior Features
  • Levels: Two
  • Flooring: Tile, Wood
  • Interior Features: 9Ft+ Ceilings, Ceiling Fan(s), Furnished, Walk-in Shower
  • Basement: Crawl Space
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Appliances: Washer, Stove/Oven - Electric, Refrigerator, Dryer
  • Bathrooms Total Integer: 6
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Notational: 6.00
  • Cooling: Yes
  • Heating: Yes
  • Bedrooms Total: 6
  • # Baths - Total: 6.00
  • Accessibility: Kitchen: Yes
  • Flooring: Tile: Yes
  • Flooring: Wood: Yes
  • Cooling System: Central: Yes
  • Heating System: Electric: Yes
  • Appliances Equip: Dryer: Yes
  • Appliances Equip: Refrigerator: Yes
  • Appliances Equip: Washer: Yes
  • Interior Features: 9 Ft Ceilings: Yes
  • Interior Features: Blinds Shades: Yes
  • Rooms: Kitchen: Yes
  • Rooms: Living Room: Yes
  • Rooms: Other: Yes
Mobile Home
Mobile/Manufactured Home
  • Park Manager Name: No
Multi Family
Multi-Family Information
  • Income Property: Yes
  • # Total Units: 4.00
Unit 1
  • Total Rooms: 2
  • # of Bedrooms: 1
  • Full Baths: 1
  • Half Baths: 0
  • Furnished: No
  • Rent: $1,125.00
  • Cooling: Central2: Yes
  • Heating: Electric: Yes
  • Rent Frequencys: Monthly: Yes
Unit 2
  • Total Rooms: 3
  • # of Bedrooms: 1
  • Full Baths: 1
  • Half Baths: 0
  • Furnished: Yes
  • Rent: $.00
  • Occupied: Yes
  • Features: Dining Room: Yes
  • Features: Fireplace: Yes
  • Features: Kitchen: Yes
  • Features: Living Room: Yes
  • Cooling: Central: Yes
  • Cooling: See Remarks: Yes
  • Heating: Electric: Yes
Unit 3
  • Total Rooms: 6
  • # of Bedrooms: 3
  • Full Baths: 2
  • Half Baths: 0
  • Furnished: Yes
  • Rent: $.00
  • Occupied: No
  • Features: Fireplace: Yes
  • Features: Kitchen: Yes
  • Features: Living Room: Yes
  • Features: Patio Balcony Deck: Yes
  • Cooling: Central: Yes
  • Heating: Electric: Yes
Unit 4
  • Total Rooms: 3.0
  • # of Bedrooms: 1
  • Full Baths: 1
  • Half Baths: 0
  • Furnished: Yes
  • Rent: 0.0
  • Occupied: No
  • Features: Fireplace: Yes
  • Features: Living Room: Yes
  • Cooling: Central: Yes
  • Heating: Electric: Yes
Rental
Rental Information
  • Property Exterior Interior Info: Pets: Yes

Property History for 315 South 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 315 South 3rd Street

Taxable ValueLand$91,900Additions$428,600Total$520,500
Tax Record2024$4,528 ($377 / month)
Home Facts
Baths5Total Finished SqFt3,830 SqFtAbove Grade Finished SqFt3,830 SqFtStories2Lot Size12,240 SqFtStyleTriplexYear Built1870ZoningHD-RCountyNEW HANOVERAPNR05405-020-003-000

Schools near 315 South 3rd Street

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Annie H Snipes Elementary
Public - K to 5
Williston Middle
Public - 6 to 8
New Hanover High
Public - 9 to 12
D.C. Virgo Preparatory Academy
Public - 6 to 8
Rating
School
Distance
Annie H Snipes Elementary
PublicK to 5

Williston Middle
Public6 to 8

New Hanover High
Public9 to 12

D.C. Virgo Preparatory Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Homes for Sale near Wilmington Historic District

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More information about 315 South 3rd Street, Wilmington, NC 28401

315 South 3rd Street is a multi-family home for sale in Wilmington, NC 28401. This property was listed for sale on November 7, 2024 by RE/MAX Executive, it's currently listed at $1,190,000. It has been on the market for a total of 48 days and was last sold on October 20, 2022. This listing's school district is New Hanover County School District. Nearby schools include Annie H Snipes Elementary, Williston Middle and New Hanover High. 315 South 3rd Street is a 6-bed, 5-bath, 3,896 sqft multi-family home built in 1870.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Executive

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 11/21/2024 10:46 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 Hive MLS