Turnkey 9-unit residential portfolio offered with roughly two additional contiguous acres of adjacent land in a prime infill location - total acreage of site is 4.36 ac. Fully leased and well-maintained, this stabilized income-producing asset presents both immediate cash flow and long-term upside. The property features a mix of unit types, some with garages, and sits within a strong rental submarket. The additional acreage offers excellent development potential for expansion, subdivision, or future redevelopment. A rare opportunity to acquire both rental income and infill land in a single package.
Seller's are listing brokers and licensed NC Real Estate Brokers.
For sale
$2,800,000
400 Beasley Road, Wilmington, NC 28409
3beds
1,302sqft
Est.:
Single Family Residence
Built in 2002
4.36 Acres Lot
$-- Zestimate®
$2,151/sqft
$-- HOA
What's special
- 291 days |
- 536 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: March 01, 2026 at 05:28pm
Listed by:
Jarrod Covington 252-622-9699,
Cadence Realty Corporation,
Luke A Waddell 910-599-7081,
Cadence Realty Corporation
Source: Hive MLS,MLS#: 100513158
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Primary Living Area
Dining room
- Features: Combination
Heating
- Forced Air
Cooling
- Central Air
Features
- None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,302
- Total interior livable area: 1,302 sqft
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking, Concrete
- Attached garage spaces: 6
Features
- Levels: Two
- Stories: 1
- Patio & porch: Porch
- Fencing: Partial
Lot
- Size: 4.36 Acres
Details
- Parcel number: R06120007018000
- Zoning: R-15
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Slab, Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $2,151/sqft
- Tax assessed value: $437,200
- Annual tax amount: $2,573
- Date on market: 6/12/2025
- Cumulative days on market: 291 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,696/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2025 | Listed for sale | $2,800,000$2,151/sqft |
Source:  Hive MLS #100513158 Report a problem | ||
| 3/26/2025 | Listing removed | $1,700$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/17/2025 | Price change | $1,700-5.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/11/2024 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/22/2024 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/19/2024 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,573 -9.1% | $437,200 +34.4% |
| 2024 | $2,831 +3% | $325,400 |
| 2023 | $2,750 -0.6% | $325,400 |
| 2022 | $2,766 -6.5% | $325,400 |
| 2021 | $2,957 +19.4% | $325,400 +38.5% |
| 2020 | $2,476 | $235,000 |
| 2019 | $2,476 | $235,000 |
| 2018 | $2,476 | $235,000 |
| 2017 | $2,476 +12.5% | $235,000 +18.3% |
| 2016 | $2,200 +4.6% | $198,600 |
| 2015 | $2,103 +4.4% | $198,600 |
| 2014 | $2,014 | $198,600 |
| 2013 | -- | $198,600 |
| 2012 | -- | $198,600 -11.9% |
| 2011 | -- | $225,412 |
| 2010 | -- | $225,412 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $131,113 |
| 2004 | -- | $131,113 |
| 2003 | -- | $131,113 |
| 2002 | -- | $131,113 |
| 2001 | -- | $131,113 |
| 2000 | -- | $131,113 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$15,329/mo
Principal & interest
$14186
Property taxes
$1143
More affordability tools
Climate risks
Neighborhood: Long Leaf Hills
Nearby schools
GreatSchools rating
- 6/10Holly Tree ElementaryGrades: K-5Distance: 0.5 mi
- 4/10Roland-Grise Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10John T Hoggard HighGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Holly Tree
- Middle: Roland Grise
- High: Hoggard
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 28409
- North Carolina
- New Hanover County
- Wilmington
- 28409
- Long Leaf Hills
- 400 Beasley Road
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