Rental Income

4515 Greenway Avenue, Wilmington

$2,050,000

Bedroom 24 bedrooms

  • Listing ID #: 100583829
  • Status: Active
  • Address: 4515 Greenway Avenue, Wilmington, NC 28403
  • Date Listed: 6/23/2026
  • Days on Market: 85
  • Acres: 0.84
  • Stipulations: Standard
  • Subdivision: College Park

Location Location

Agent Comments Agent Comments
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. Seller is a North Carolina Licensed Realtor.

Additional Features Additional Features
  • Association Amenities: See Remarks
  • County: New Hanover
  • Days on Market: 85
  • Pool: No
  • Property Sub Type: Duplex
  • Tax Number: R04919-008-002-000
  • Water/Sewer: Sewer Available, Water Available
  • Year Built: 2022
  • Property Type: Rental Income
  • Tax Year: 2025

Financial Financial
  • Short Sale: Standard

Interior Features Interior Features
  • Cool System: Central Air
  • Floors: LVT/LVP
  • Heat System: Electric, Heat Pump
  • Interior: Ceiling Fan(s)
  • Levels: Two
  • Heating Fuel: Electric
  • Association Amenities: See Remarks
  • Furnished: Unfurnished
  • Laundry: Dryer Hookup,Washer Hookup
  • Water Heater: Electric
  • Attic Description: Access Only
  • Basement Description: None

Exterior Features Exterior Features
  • Fuel Tanks: None
  • Parking: Asphalt, On Site
  • Roof: Shingle
  • Siding: Vinyl Siding
  • Is New Construction: No
  • Construction: Vinyl Siding,Wood Frame
  • Foundation: Slab
  • Water Source: Public
  • Septic or Sewer: Municipal Sewer
  • Utilities: Sewer Available,Water Available
  • Garage Spaces: 0
  • Parking Spaces: 0
  • Fencing: Other
  • Exterior: Vinyl Siding
  • Patio/Deck Description: Porch
  • Zoning: R-5
  • Building Total Area (Sq.Ft): 9792
  • Road Description: City Street,State Road,Paved
  • Road Improvements: See Remarks
  • View Description: See Remarks

Location Location
  • Directions: south on Kerr Ave from Merket St left on Kerr
  • Street Number: 4515
  • County: New Hanover
  • Latitude: 34.235217
  • Longitude: -77.887366
  • Subdivision: College Park
  • Marketing City: Wilmington

Listed by: Mark C Reiser from Coastal Properties.