For sale

$719,000

2020 Princess Place Drive, Wilmington, NC 28405

6beds

3baths

2,015sqft

Est.:

Triplex

Built in 1951

-- sqft lot

$685,300 Zestimate^®

$357/sqft

$-- HOA

What's special

Income generating property located close to Downtown, Burnt Mill Creek and Soda Pop District. This Community Business zoned property is currently operating as a short, mid and long term income rental property. There are three units that total 2015 Square Feet. The property is well maintained and units have been nicely updated. There is off-street parking. The zoning opens up a number of other opportunity or one could continue the ongoing operations.

11 days

253

9

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Electric, Forced Air

Cooling

Central Air

Appliances

Included: Electric Oven, Built-In Microwave, Refrigerator, Dryer, Dishwasher
Laundry: None

Features

Wash/Dry Connect, Ceiling Fan(s), Furnished
Flooring: Laminate
Basement: None
Attic: None
Furnished: Yes

Interior area

Total structure area: 2,015
Total interior livable area: 2,015 sqft

Property

Parking

Total spaces: 3
Parking features: Off Street
Uncovered spaces: 3
Details: Parking side

Features

Stories: 1
Patio & porch: See Remarks, Porch
Pool features: None
Fencing: Partial,Wood
Waterfront features: None

Lot

Size: 4,791.6 Square Feet
Dimensions: 50 x 99
Features: Corner Lot

Details

Parcel number: R04815017011000
Zoning: CB
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Block, Concrete, See Remarks
Foundation: Slab
Roof: Membrane

Condition

New construction: No
Year built: 1951

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available, Sewer Connected

Green energy

Green verification: None

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Princess Place

HOA

Has HOA: No

Location

Region: Wilmington

Financial & listing details

Price per square foot: $357/sqft
Tax assessed value: $299,500
Annual tax amount: $1,762
Date on market: 11/30/2025
Cumulative days on market: 11 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Private Financing Available
Road surface type: Paved

Estimated market value

$685,300

$651,000 - $720,000

$1,355/mo

Price history

Date	Event	Price
12/1/2025	Listed for sale	$719,000-0.8%$357/sqft
Source: Hive MLS #100543464 Report a problem
10/21/2025	Listing removed	$725,000$360/sqft
Source: Hive MLS #100498824 Report a problem
9/4/2025	Price change	$725,000-7.1%$360/sqft
Source: Hive MLS #100498824 Report a problem
7/7/2025	Price change	$780,000-1.5%$387/sqft
Source: Hive MLS #100498824 Report a problem
4/3/2025	Listed for sale	$792,000$393/sqft
Source: Hive MLS #100498824 Report a problem