1101 Emory Street, Wilmington, NC 28405
Local realty services provided by:Better Homes and Gardens Real Estate Elliott Coastal Living
1101 Emory Street,Wilmington, NC 28405
$2,750,000
- - Beds
- - Baths
- - sq. ft.
- Single family
- Active
Listed by: adam hashem
Office: east atlantic realty llc.
MLS#:100518138
Source:NC_CCAR
Price summary
- Price:$2,750,000
About this home
11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes—all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth—making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.
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Home facts
- Year built:1971
- Listing ID #:100518138
- Added:128 day(s) ago
- Updated:November 15, 2025 at 11:09 AM
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump, Heating
Structure and exterior
- Roof:Shingle
- Year built:1971
Schools
- High school:New Hanover
- Middle school:Holly Shelter
- Elementary school:Freeman
Finances and disclosures
- Price:$2,750,000
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