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Island Updates – Oak Island NC

Island Updates – Oak Island NC

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Property

Wilmington, NC 28409 400 Beasley Road

$2,800,000

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400 Beasley Road Wilmington, NC - Image 0
400 Beasley Road Wilmington, NC - Image 1400 Beasley Road Wilmington, NC - Image 2400 Beasley Road Wilmington, NC - Image 3
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Presented By: Cadence Realty Corporation
  • Cape Fear REALTORS
  • MLS# 100513158
  • 06/12/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 2
  • SQFT • 1,302
  • Garage • 6

Home Details

Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package.Seller's are listing brokers and licensed NC Real Estate Brokers.
Presented By: Cadence Realty Corporation

Interior Features for 400 Beasley Road

Bedrooms

Master Bedroom LevelPrimary Living Area
Total Bedrooms3

Bathrooms

Total Bathrooms2.00

Other Interior Features

FireplaceNone
Interior FeaturesNone
List Price/SqFt2150.54
StoriesTwo

Other Rooms

Dining RoomCombination
Rooms5

General for 400 Beasley Road

CityWilmington
City LimitsYes
Co Listing Member NameLuke A Waddell
Cobra ZoneNo
ConstructionWood Frame
CoolingCentral Air
CountyNew Hanover
Days on Market1
Full Baths2
Geo Lat34.191033
Geo Lon-77.873355
HOANo
Half Baths
Heated Area1200 - 1399
HeatingForced Air
Listing Member NameJarrod Covington
Location TypeMainland
Lot Sqft189922.00
New ConstructionNo
Property TypeA
RoofShingle
School DistrictNew Hanover
Secondary SubdivisionN/A
Special AssessmentsNone
StatusActive
Stipulation of SaleStandard
Stories1.0
Sub-TypeSingle Family Residence
SubdivisionNot In Subdivision
Tax Assessed Value437200.00
Tax Year2025
TermsCash, Conventional
UtilitiesSewer Connected, Water Connected
Year Built2002
ZoningR-15

Exterior for 400 Beasley Road

Attached Carport Spaces2.00
Construction TypeStick Built
Detached Carport Spaces4.00
Exterior FinishBrick, Vinyl Siding
FencingPartial
FoundationCrawl Space, Slab
Garage & Parking: Total # Garage Spaces6.00
Garage & Parking: Total Carport Spaces0.00
Lot Acres4.36
Lot Dimensionsirregular
MLS Identifier20150918160742258811000000
Parking FeaturesAdditional Parking, Concrete
Patio and Porch FeaturesPorch
Road Type/FrontagePublic (City/Cty/St)
WaterfrontNo

Additional Details

Price History

Brian Inskip

North Carolina Coastal Real Estate Expert
Price $2,800,000
MLS#100513158
List Date 06/12/2025
Property Type Single Family
Phone 910.622.4576
Request Tour
Request Info
Visit My Website

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