Location
Agent Comments
Rare opportunity to own a fully occupied income property in Wilmington's established Beasley Road corridor. This parcel includes a classic three-bedroom ranch home plus a legal second-floor garage apartment on the same lot -- ideal for the owner-occupant looking to offset their mortgage, the investor seeking immediate cash flow, or the house-hacker wanting flexibility.
The main home at 400 Beasley Road offers 1,314 square feet of single-story living with three bedrooms, two full baths, and a generous open living and dining layout. The primary bedroom suite features a private bath and walk-in closet. The kitchen opens to the dining room and the rear patio -- a classic, functional floor plan that works equally well for owner-occupancy or long-term rental.
Out back, 402 Beasley Road is a 535-square-foot carriage-style apartment above a garage. The second-floor unit features a private entrance, open living area, full bedroom, kitchen, and bath with walk-in closet. A large covered patio below and a deck off the upper level provide outdoor space for tenants. This is a legal dwelling unit with a separate address -- an asset that commands strong rental demand in the Wilmington market.
Note: a private access easement crosses this parcel per the recorded recombination plat, benefiting the adjacent retained parcel. See plat for alignment details. Sellers are Listing Agents and Licensed NC Real Estate Brokers
Additional Features
- County: New Hanover
- Days on Market: 43
- Pool: No
- Tax Number: R06120-007-018-000
- Water/Sewer: Sewer Connected, Water Connected
- Year Built: 1995
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Tax Year: 2025
- Tax Amount: $2,750.18
Financial
- Short Sale: Standard
Interior Features
- Cool System: Central Air
- Heat System: Electric, Forced Air
- Interior: See Remarks
- Room Type: Living Room, Dining Area, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3
- Total Rooms: 6
- Levels: Two
- Heating Fuel: Electric
- Full Baths: 2
- 1/2 Baths: 0
- Basement Description: None
Exterior Features
- Fuel Tanks: None
- Parking: Parking Pad
- Roof: Shingle
- Siding: Vinyl Siding
- Is New Construction: No
- Construction: Vinyl Siding,Wood Frame
- Foundation: Slab
- Utilities: Sewer Connected,Water Connected
- Garage Spaces: 0
- Parking Spaces: 1
- Fencing: Partial,Wood
- Exterior: Vinyl Siding
- Patio/Deck Description: See Remarks
- Zoning: R-15
- Building Total Area (Sq.Ft): 1314
- Road Description: City Street,State Road
- Road Improvements: See Remarks
- View Description: None
Location
- Directions: Pine Grove to Beasley Rd.
- Street Number: 400
- County: New Hanover
- Latitude: 34.191064
- Longitude: -77.873414
- Marketing City: Wilmington
Listed by: Luke A Waddell from Cadence Realty Corporation.