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Listed price in listed location currency (USD).
$695,000

640

MLS® 100563459

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes $1,298
Days Active 0
Lot Size 0.12 acres
Approx. Age 1920
MLS® Number 100563459

Property Address: 407 Red Cross Street, Wilmington, NC, 28401

Average square foot calculated using Size range provided by listing agent.

Description

This four-unit income-producing property is ideally located in the Historic Mixed-Use District of downtown Wilmington, just blocks from the Riverwalk and within close proximity to shopping, dining, entertainment, and local businesses. The fully leased building features a desirable unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, providing steady rental income. With strong occupancy already in place, this property presents an excellent investment opportunity. There is significant upside potential for increased returns through strategic upgrades and improvements, making it an ideal option for investors looking to add value in a prime downtown location.
MLS® Number100563459
Laundry LevelHookup - Dryer, Hookup - Washer
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1920
BasementNone
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 30, 2026List Date
$695,000List Price

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