This 4-bedroom, 4-bathroom house, built in 2022, offers an exceptional investment opportunity as a rental property. Located just a stone's throw from the University of North Carolina Wilmington (UNCW), it sits in a highly desirable area for both students and faculty members. The home is constructed on a solid concrete slab, eliminating any concerns over crawlspace maintenance, a common issue with older homes. Inside, the property boasts modern finishes, including sleek solid surface flooring throughout and beautiful granite countertops in the kitchen.
Each bedroom is equipped with its own en suite bathroom, providing ultimate privacy for tenants—a key feature that will surely attract those seeking a more comfortable and independent living arrangement. The house also features a spacious backyard, perfect for outdoor activities or relaxation, along with a convenient storage shed for extra space.
With a market rent of $3,200 per month and no HOA fees, this property is poised to generate solid cash flow with minimal ongoing maintenance costs. The easy access to the Gary Shell Cross City Trail adds further appeal, providing a scenic route directly to downtown Wilmington and the popular Wrightsville Beach. This prime location, combined with the low-maintenance design and modern amenities, makes this home an ideal choice for investors seeking a reliable, profitable rental property near UNCW.
Sold for $490,000 on 05/01/25
$490,000
235 Oakcrest Drive, Wilmington, NC 28403
4beds
1,660sqft
Single Family Residence
Built in 2022
0.27 Acres Lot
$484,500 Zestimate®
$295/sqft
$2,681 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: May 02, 2025 at 10:48am
Listed by:
Jason Bell 910-599-8029,
Keller Williams Innovate-Wilmington
Bought with:
Christan N Miller, 305074
Keller Williams Innovate-Wilmington
Source: Hive MLS,MLS#: 100495070
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Bedroom 1
- Level: First
- Dimensions: 12.8 x 14.6
Bedroom 2
- Level: First
- Dimensions: 12.8 x 14.6
Bedroom 3
- Level: First
- Dimensions: 12.8 x 14.6
Bedroom 4
- Level: First
- Dimensions: 12.8 x 14.6
Great room
- Description: Common Arrea
- Level: First
- Dimensions: 17.8 x 15.2
Kitchen
- Level: First
- Dimensions: 12 x 10.1
Heating
- Forced Air, Electric
Cooling
- Central Air
Features
- High Ceilings, Solid Surface, Ceiling Fan(s), Pantry
- Doors: Thermal Doors
- Basement: None
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,660
- Total interior livable area: 1,660 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Paved
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch
- Exterior features: DP50 Windows, Thermal Doors
- Fencing: None
Lot
- Size: 0.27 Acres
Details
- Parcel number: R05617002029000
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Wilmington
- Subdivision: Oak Crest
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$484,500
2% more+$9,690
With Zillow Showcase(estimated)$494,190