Listing provided courtesy of Intracoastal Realty CorporationMLS# 100578989MLS Provider
  • 26 days on site
  • 16 views

Attention investors and house-hackers! Welcome to 2825 & 2827 Penn Street, a highly desirable side-by-side duplex located in the heart of Wilmington, NC. This rare, low-maintenance income property features two distinct units, making it the perfect addition to any real estate portfolio or an ideal opportunity to live in one side and rent out the other. Each unit boasts a functional layout with classic hardwood flooring, separate utility meters, and a spacious shared yard. Situated in a quiet, established neighborhood with no HOA restrictions, this property offers incredible ease of management and maximum rental flexibility. Enjoy a stellar location just minutes from Downtown Wilmington's historic Riverfront, local dining, shopping, and major transit routes. With a strong historical rental market in the area and immediate cash-flow potential, this duplex is a true ''set-it-and-forget-it'' investment. Opportunities like this on Penn Street don't last long--schedule your tour today and start building equity!

Source: Hive MLS, MLS#: 100578989

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  • Property Type
    Residential Income
  • Lot
    0.24 acres

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Chris Prince

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  • Median Age
    40
  • Population Density
    1,446
  • College Educated
    52%
  • Estimated Median Income
    $55,254
  • Estimated Total Home Owners
    10,070
  • Estimated Total Renters
    7,478
  • Owner / Renter Divide
    57% / 43%
  • Estimated Average Household Size
    2
  • Total Population
    38,882
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 2827 Penn Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/9/2026Source: Hive MLS Status Change
Pending
6/4/2026Source: Hive MLS Added to Database
June 04, 2026

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