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4946 Wrightsville Avenue, 
Wilmington, NC 28403

$3,495,000


4

Beds


3

Baths


1,733

Sq Ft


Single Family

Active

Listed by

Gillespie Group

Sara E Darby

Carolina One Properties Inc.

Last updated:

June 1, 2026, 10:12 AM

MLS#

100560546

Source:

NC CCAR

About This Home

4946 Wrightsville Avenue

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.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1998

Price Summary

3,495,000

$2,016 per Sq. Ft.

MLS #:

100560546

Last Updated:

June 1, 2026, 10:12 AM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,733 Sq. Ft.


Structure

Structure

Building Area:

1,733 Sq. Ft.

Year Built:

1998


Lot

Lot Size (Sq. Ft):

9,583


Finances & Disclosures

Finances

Price:

$3,495,000

Price per Sq. Ft:

$2,016 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.