Onthecourserealty.com Search Results

$429,000

Positioned in the heart of Wilmington, this charming, well-maintained cottage offers timeless appeal, everyday convenience, and exceptional investment potential. Ideally located just minutes from the University of North Carolina Wilmington, shopping, dining, and area beaches, the home is equally suited as a primary residence, long-term rental, or investment property. Inside, you'll find three bedrooms and one full bath complemented by beautiful hardwood floors throughout. The inviting living room is anchored by a classic wood-burning fireplace, creating a warm and welcoming gathering space. Outside, a spacious backyard provides ample room for entertaining, gardening, recreation, or future possibilities. Offering an unbeatable midtown location with easy access to everything Wilmington has to offer, this delightful home presents a rare opportunity to enjoy classic character, thoughtful upkeep, and lasting value in one of the city's most convenient locations.

3 Beds ⋅ 1 Baths ⋅ 100588774 MLS ⋅ ACTIVE Status

Positioned in the heart of Wilmington, this charming, well-maintained cottage offers timeless appeal, everyday convenience, and exceptional investment potential. Ideally located just minutes from the University of North Carolina Wilmington, shopping, dining, and area beaches, the home is equally suited as a primary residence, long-term rental, or investment property. Inside, you'll find three bedrooms and one full bath complemented by beautiful hardwood floors throughout. The inviting living room is anchored by a classic wood-burning fireplace, creating a warm and welcoming gathering space. Outside, a spacious backyard provides ample room for entertaining, gardening, recreation, or future possibilities. Offering an unbeatable midtown location with easy access to everything Wilmington has to offer, this delightful home presents a rare opportunity to enjoy classic character, thoughtful upkeep, and lasting value in one of the city's most convenient locations.

4201 Wrightsville Ave, Wilmington

$648,999

Here's your opportunity to secure an exceptional investment property featuring two income producing units on a single parcel. The main residence offers nearly 1,700 square feet of thoughtfully designed living space, complete with 3 bedrooms and 2 bathrooms, enhanced by tasteful upgrades and a well designed floor plan. Also located on the property is a 2-bedroom, 2-bathroom accessory dwelling unit providing multiple streams of rental income or flexible living arrangements. Ideally situated just minutes from UNCW, shopping, dining, and the area's beautiful beaches, this property combines strong investment potential with a highly desirable location.

3 Beds ⋅ 2 Baths ⋅ 100570662 MLS ⋅ ACTIVE Status

Here's your opportunity to secure an exceptional investment property featuring two income producing units on a single parcel. The main residence offers nearly 1,700 square feet of thoughtfully designed living space, complete with 3 bedrooms and 2 bathrooms, enhanced by tasteful upgrades and a well designed floor plan. Also located on the property is a 2-bedroom, 2-bathroom accessory dwelling unit providing multiple streams of rental income or flexible living arrangements. Ideally situated just minutes from UNCW, shopping, dining, and the area's beautiful beaches, this property combines strong investment potential with a highly desirable location.

1311 S 41st St, Wilmington

$609,999

3907 Park Avenue features a recently constructed primary residence with a detached 2 bed 2 bathroom ADU, offering a flexible two-unit setup. The main home includes three bedrooms, with an additional two-bedroom unit in the rear. Both spaces are finished with light, modern coastal design elements that appeal to today's renters. Centrally located between the beach, UNCW, and downtown Wilmington, this property is well-suited for students and young professionals.

3 Beds ⋅ 3 Baths ⋅ 100568665 MLS ⋅ ACTIVE Status

3907 Park Avenue features a recently constructed primary residence with a detached 2 bed 2 bathroom ADU, offering a flexible two-unit setup. The main home includes three bedrooms, with an additional two-bedroom unit in the rear. Both spaces are finished with light, modern coastal design elements that appeal to today's renters. Centrally located between the beach, UNCW, and downtown Wilmington, this property is well-suited for students and young professionals.

3907 Park Ave, Wilmington

$3,495,000

A stabilized, income-producing portfolio rarely comes to market in Wilmington's most reliable rental submarket, and when it does, it looks like this. Six single-family homes (each on its own separate parcel) positioned on Wrightsville Avenue and Park Avenue in the 28403 zip code, approximately two minutes from UNCW. All six are 4 bedrooms, 3 bathrooms with open-concept living designed for shared occupancy. All six are homes are fully leased through July of 2026 with five out of the six leases at $3,800 per month and one at $3,600 per month producing $271,200 in gross annual rental income. Then, there are six new leases in place through July of 2027, all at $3,800 per month producing $273,600 in annual gross income. There is no lease-up period, no vacancy risk on the near horizon, and no learning curve. The portfolio is under professional management with online tenant portals and structured lease agreements already in place. Since ownership, gross rents have increased by approximately 12% and multiple capital improvements have been completed across the portfolio (including newer HVAC systems, water heaters, and appliance updates in several units). A full property-by-property improvement summary is available upon request. The location drives consistent tenant demand: approximately 2 minutes to UNCW, 5 minutes to Wrightsville Beach, 10 minutes to Wilmington International Airport, and 15 minutes to downtown Wilmington. This submarket has historically maintained high occupancy and strong lease renewal activity. For a qualified investor seeking immediate income, an experienced buyer completing a 1031 exchange, or an owner-operator looking to acquire a functioning management system alongside the assets themselves, this portfolio represents a rare opportunity to step into a stabilized position in one of coastal North Carolina's most durable rental corridors.

4 Beds ⋅ 3 Baths ⋅ 100560546 MLS ⋅ ACTIVE Status

A stabilized, income-producing portfolio rarely comes to market in Wilmington's most reliable rental submarket, and when it does, it looks like this. Six single-family homes (each on its own separate parcel) positioned on Wrightsville Avenue and Park Avenue in the 28403 zip code, approximately two minutes from UNCW. All six are 4 bedrooms, 3 bathrooms with open-concept living designed for shared occupancy. All six are homes are fully leased through July of 2026 with five out of the six leases at $3,800 per month and one at $3,600 per month producing $271,200 in gross annual rental income. Then, there are six new leases in place through July of 2027, all at $3,800 per month producing $273,600 in annual gross income. There is no lease-up period, no vacancy risk on the near horizon, and no learning curve. The portfolio is under professional management with online tenant portals and structured lease agreements already in place. Since ownership, gross rents have increased by approximately 12% and multiple capital improvements have been completed across the portfolio (including newer HVAC systems, water heaters, and appliance updates in several units). A full property-by-property improvement summary is available upon request. The location drives consistent tenant demand: approximately 2 minutes to UNCW, 5 minutes to Wrightsville Beach, 10 minutes to Wilmington International Airport, and 15 minutes to downtown Wilmington. This submarket has historically maintained high occupancy and strong lease renewal activity. For a qualified investor seeking immediate income, an experienced buyer completing a 1031 exchange, or an owner-operator looking to acquire a functioning management system alongside the assets themselves, this portfolio represents a rare opportunity to step into a stabilized position in one of coastal North Carolina's most durable rental corridors.

4946 Wrightsville Ave, Wilmington

$395,000

Welcome to 4211 Spirea Dr in the new Camelia Trace community! This luxury townhome, built by Source Contracting Solutions, offers 3 spacious bedrooms, 2.5 bathrooms, and a one-car garage. The kitchen is designed with modern touches, featuring stainless steel appliances, white shaker cabinets, and a farmhouse-style sink. The bathrooms include elegant vanities and custom tile work in both the shower and shower-tub combo. With covered porches on both floors, this home provides plenty of space to relax. Plus, there are no short-term rental restrictions, making it a fantastic option for investment or personal use. Don't miss out on this great opportunity! Photos are of a similar unit. Pictures are of unit A an end unit. C is an interior unit so it does not have the same window placements.

3 Beds ⋅ 2 Baths ⋅ 100539626 MLS ⋅ ACTIVE Status

Welcome to 4211 Spirea Dr in the new Camelia Trace community! This luxury townhome, built by Source Contracting Solutions, offers 3 spacious bedrooms, 2.5 bathrooms, and a one-car garage. The kitchen is designed with modern touches, featuring stainless steel appliances, white shaker cabinets, and a farmhouse-style sink. The bathrooms include elegant vanities and custom tile work in both the shower and shower-tub combo. With covered porches on both floors, this home provides plenty of space to relax. Plus, there are no short-term rental restrictions, making it a fantastic option for investment or personal use. Don't miss out on this great opportunity! Photos are of a similar unit. Pictures are of unit A an end unit. C is an interior unit so it does not have the same window placements.

4211 Spirea Dr Unit C, Wilmington