Investor Opportunity - Fully Leased Duplex
206 Clay Street presents an excellent opportunity for investors seeking a property with immediate rental income. This well-maintained duplex features two units, each offering 2 bedrooms, 1 bathroom, and a spacious living area that provides comfortable layouts for tenants.
Recent updates enhance the property's value, including LVP flooring installed in 2023 and a new roof installed August 2025, offering peace of mind for years to come.
Both units are currently occupied by long-term tenants, making this an ideal addition to any investment portfolio. Conveniently located near local amenities, schools, and transportation, this property is well-positioned for continued rental demand.
Bonus Investment Potential: The adjacent tri-plex at 212 Clay Street (MLS ID 100524356) is also available and can be purchased as a package for increased rental income and portfolio growth.
Please allow 24 hours' notice for all showing requests.
Sold for $325,000 on 10/15/25
$325,000
206 Clay Street, Wilmington, NC 28405
4beds
2baths
1,872sqft
Duplex
Built in 2002
-- sqft lot
$325,000 Zestimate®
$174/sqft
$1,861 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 15, 2025 at 11:22am
Listed by:
Brandon Edens 910-583-4445,
Real Broker LLC
Bought with:
Aimee & Co.
Real Broker LLC
Source: Hive MLS,MLS#: 100524348
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Dining room
- Features: Eat-in Kitchen
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Laundry: Dryer Hookup, Washer Hookup, Hookup - Dryer
Features
- Ceiling Fan(s), Blinds/Shades
- Flooring: LVT/LVP, Tile
- Basement: None
- Attic: Access Only
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,872
- Total interior livable area: 1,872 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off Street, On Site
- Uncovered spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Fencing: None
Lot
- Size: 9,583 sqft
- Dimensions: 94.97 x 99.78 x 95.16 x 99.78
Details
- Parcel number: R04913014001000
- Zoning: R-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Wilmington
- Subdivision: Ridgecrest
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$325,000
2% more+$6,500
With Zillow Showcase(estimated)$331,500