620 S 13th Street, Wilmington, NC 28401

• 2 beds |
• 1 bath |
• 916 sqft

Property Description

Part of 5-property income portfolio in downtown Wilmington -- offered as a single transaction. or as a stand alone. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is

Listing Status:

Active

Date Added:

June 8, 2026

Data Last Updated:

June 14, 2026 at 9:15PM

Listing Office:

RE/MAX Essential : 910-777-2700

MLS ID:

100579951

Interior

• General: Master DownstairsCeiling Fan(s)
• Master Bedroom: Primary Living Area
• Appliances: Electric OvenRefrigerator
• Laundry: Dryer HookupWasher Hookup
• Basement: None
• Flooring: LVT/LVPTileWood
• A/C: Central AirHeat Pump
• Heating: Heat PumpElectricForced AirElectric
• Disability Feature: None

Exterior

• Other Structures: Porch
• Parking: On StreetOtherParking spaces: 0

Construction

• Roofing: Shingle
• General: Vinyl SidingWood FrameOneCrawl Space

Location

• Road/Access: City StreetState RoadSee Remarks
• Originating MLS: Hive MLS
• School District: New Hanover
• County: New Hanover

Lot

• Zoning: R-5Ne PT 6 Wilmington Blk 84R05410-008-017-000
• View: See Remarks
• Fencing: Back Yard

Utilities

• Utilities: Sewer ConnectedWater Available
• Water: Public
• Sewer: Municipal Sewer

Financial

• Source: Hive MLS