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405 Dock St, Wilmington, NC, 28401

$525,000

Home List Price

$6,234*

Closing Credit

5 Bedrooms
3 Baths
3,351 SqFt
$157/SqFt
Multi

Location

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405 Dock St, Wilmington$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone, None
Year Built1923
HeatingHeat Pump
CoolingCentral Air, Heat Pump
WaterfrontNone
FireplaceNone
MLS #100474562
Lot Size0.07 Acres
StatusActive

About 405 Dock St

Attention Investors! Excellent Investment Opportunity in Historic Downtown Wilmington! Prime Location on peaceful oak lined street yet short walk to all Downtown Wilmington has to offer-restaurants, entertainment, Riverwalk, banks, businesses, churches, etc. There are three separate rental units in this property, one 3 bed/1bath and two 1bed/1 bath units . Great rental history. The adjoining three properties, (401, 403 & 41 Dock St) are for sale as well and can be purchased as a portfolio with 405 Dock. Each unit is individually metered for h2o/sewer and electricity.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 2
  • Living Area: 3,351 SqFt

Listing Office:

  • Office Name: Intracoastal Realty Corp

Interior Features

Interior Information:

  • Appliances: Dryer, Washer, Electric Oven, Electric Stove, Refrigerator
  • Basement: No
  • Flooring Type: Vinyl, Wood
  • Interior: Wash/Dry Connect
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: None

Parking Information:

  • Attached Garage: No
  • Parking: None, None

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: take Market Street West towards downtown. Turn left onto North 4th street. At the next intersection turn left onto Dock Street, property be the third on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $157/SqFt

Tax Information:

  • Annual Amount: $3,204
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$425.5K

Med. Price/SqFt

$244

Avg. Days On Market

44

# of Sold Homes

265

405 Dock St vs Wilmington

7 DAYS ON ROCKET

-37 Days

$525,000

+$99.4K More

$157/SqFt

-$88 Less

KEY TAKEAWAY

This property is $99.4K more than the Median Sold Price and $88/SqFt less than other homes in Wilmington, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100474562

Listing Office:

  • Office Name: Intracoastal Realty Corp

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: 11/14/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,204$304,200
2019$3,204$304,200
2018$3,204$304,200
2017$3,147$304,200

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-518832
5
/10
  • Douglass Academy

  • 507 N 6th St

  • 0.51 miles

  • Public Charter Grades KG-5

school-card-donut-518833
3
/10
  • Annie H Snipes Academy of Arts & Design

  • 2150 Chestnut St

  • 1.40 miles

  • Public Magnet Grades KG-5

school-card-donut-518834
1
/10
  • Forest Hills Global Elementary School

  • 602 Colonial Dr

  • 1.75 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,258. Typical income of Wilmington, NC residents is between $35k-100k annually. The most common type of family is single, no kids. 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›405 Dock St

This home is located at 405 Dock St in Wilmington, NC and zip code 28401 in the Old Wilmington neighborhood. This 3,351 square foot home, which was built in 1923, sits on a 0.07 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $525,000.

In October 2024, from all listings sold in Wilmington, NC there were more than 46 sold above asking price, over 153 sold below and more than 66 were sold right at the asked price. Between September 2024 and October 2024, Wilmington, NC real estate market has seen increase in the number of listings by 3.5%. The median list price of listings available in October 2024 was $425,528, while the average time on the real estate market was 44 days.

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

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