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Sold for $314,000 on 06/06/25
  • $314,000

    1221 Castle Street, Wilmington, NC 28401

    --beds
    0baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,448 Estimated rent

    Owner options

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    $1,448/mo

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    $1,448/mo

    Rent Zestimate®

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    $1,789/mo

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    $1,789/mo

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    What's special

    Ready to build .15 acre corner lot on castle street is just one block from the new 98 Apartment 4,200 SF retail complex Midcastle. The property is zoned UMX which allows for high density mixed use. The current owner intended a 16 unit apartment building with a 900 SF retail space. The lot is located between the rapidly developing Cargo District and Castle street's busy retail and residential district. Opportunity zone tax benefits are available for the developers of this parcel.

    Zillow last checked: 7 hours ago

    Listing updated: June 09, 2025 at 05:42am

    Listed by:

    John C Horton 910-515-4140,

    Coastal Properties

    Bought with:

    Tidal Realty Partners

    Real Broker LLC

    Source: Hive MLS,MLS#: 100455227MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 6,534 sqft
    • Topography: Cleared,Undeveloped
    Details
    • Additional structures: None
    • Parcel number: R05406023023000
    • Zoning: UMX
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & neighborhood

    Location
    • Region: Wilmington
    • Subdivision: Not In Subdivision

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: 1031 Exchange,Cash