26 days on rocket

315 S 3rd St, Wilmington, NC, 28401

$1,190,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Baths
3,896 SqFt
$305/SqFt
Multi

Location

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315 S 3rd St, Wilmington$1,190,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street, See Remarks
Year Built1870
HeatingHeat Pump
CoolingCentral Air
Fireplace3+
MLS #100474752
Lot Size0.28 Acres
StatusActive

About 315 S 3rd St

Calling all investors, don't miss out on this incredible 4-unit Quadplex located in the heart of historic downtown Wilmington! This property offers a unique blend of charm and modern updates, presenting a lucrative opportunity for savvy investors and boasting over 3,800 sq. ft. between the two levels. This property features two One bedroom units on the first floor, with Unit B featuring new updates in the kitchen and newly remodeled bathroom. The Second floor also features two units. Another One bedroom unit with fresh paint throughout and an updated bathroom. The Second floor also features a spacious 3 Bed-3 Bath unit. Some features include new paint throughout, newly remodeled kitchen, and remodeled bathroom. This quadplex epitomizes a prime investment with a diverse range of upgrades and reliable income streams. Seize this opportunity to own a remarkable piece of Wilmington's real estate heritage.

Property Details

Property Features

Property Information:

  • Year Built: 1870
  • Stories: 2
  • Living Area: 3,896 SqFt

Listing Office:

  • Office Name: RE/MAX Executive

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Washer, Electric Oven, Electric Stove
  • Flooring Type: Tile, Wood
  • Interior: 9Ft+ Ceilings, Walk-in Shower, Furnished, Ceiling Fan(s), Blinds/Shades
  • Fireplace: 3+

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Security Lighting

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, See Remarks

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Market Street turn onto S 3rd Street, Property is on the left. Driveway is to the right of house and parking is in the rear.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,190,000
  • Price Per SqFt: $305/SqFt

Tax Information:

  • Annual Amount: $3,847
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wilmington, NC.

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Wilmington, NC

City

Med. Sold Price

$428.3K

Med. Price/SqFt

$244

Avg. Days On Market

53

# of Sold Homes

218

315 S 3rd St vs Wilmington

26 DAYS ON ROCKET

-27 Days

$1,190,000

+$761.6K More

$305/SqFt

+$60 More

KEY TAKEAWAY

This property is $761.6K more than the Median Sold Price and $60/SqFt more than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100474752

Listing Office:

  • Office Name: RE/MAX Executive

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 24, 2017Home Sold
$429,000
Nov 01, 2006Home Sold
$550,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,847$365,200
2019$3,847$365,200
2018$3,847$365,200
2017$4,199$365,200

History based on county public records data.

Payment Calculator

$6,007

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,634

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3471871
5
/10

  • Douglass Academy

  • 507 N 6th St

  • 0.77 miles

  • Public Charter Grades KG-5

school-card-donut-3471872
3
/10

  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.53 miles

  • Public Magnet Grades KG-5

school-card-donut-3471873
5
/10

  • Sunset Park Elementary School

  • 613 Alabama Ave

  • 1.63 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,211. Most Wilmington, NC residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›New Hanover County›Wilmington›28401›315 S 3rd St

This home is located at 315 S 3rd St in Wilmington, NC and zip code 28401 in the Old Wilmington neighborhood. This 3,896 square foot home, which was built in 1870, sits on a 0.28 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $1,190,000.

In November 2024, from all listings sold in Wilmington, NC there were more than 38 sold above asking price, over 133 sold below and more than 47 were sold right at the asked price. The number of homes for sale in Wilmington, NC decreased by 5.6% between October 2024 and November 2024. In November 2024 median list price was $428,375 and the average listing age was 53 days.

From Rocket Homes Real Estate and based on county public records data.

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