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$215,995
Property Description
This updated 2-bedroom, 1-bathroom condo is being offered fully furnished and is currently a profitable short-term rental, with Airbnb income history available upon request. Whether you're looking for your first home, a second home, or a ready-to-go investment, this property checks every box. Located in an established neighborhood with picturesque live oak-lined streets, this home offers the best of Wilmington living. Enjoy a walkable lifestyle with restaurants, coffee shops, groceries, and the Cross-City Trail just steps away. The vibrant downtown riverfront is only 2 miles away, New Hanover Regional Medical Center is just 3 miles away-ideal for mid-term rentals such as travel nurses-and Wrightsville Beach is only 7 miles from your door. Inside, the kitchen has been tastefully updated, and the entire property comes fully furnished for an effortless transition. The condo is turn-key, whether you continue its use as a successful Airbnb or make it your own primary residence. Don't miss this rare opportunity to own a charming, income-producing property in one of Wilmington's most desirable historic neighborhoods!
Full Property Details
Full Property Details for 2940 Oleander Dr #F11
General
- Price: $215,995
- HOA FEE: $353/month
- HOA FEE FREQ.: Annually
- Taxes: $1,333 (2025)
- Status: Active
- Type: Condo
- Source: 2253
- MLS ID: 100531238
- Updated: 5/13/2026
- Added to Site: 238 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: High Ceilings, Solid Surface, Ceiling Fan(s), Furnished, Blinds/Shades
- Appliances: Electric Cooktop, Refrigerator, Disposal, Dishwasher
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: None
Additional Information
- Shared Amenities: Laundry, Maintenance Common Areas, Maintenance Grounds, Master Insure, Street Lights, Trash, Water
Exterior
- Porch/Patio/Deck: None
Parking
- Parking Features: Parking Lot
Location
- County: New Hanover
- Subdivision: Oleander Court Condominiums
- Driving Directions: From downtown, take Oleander Drive toward Independence Mall. Turn right on Hawthorne, then right on Mayfair. The property is in the first building on the right, Enter through front door (Green Door) and go to second floor. Unit F11, top of stairs on the left. If you park on the courtyard side behind building (Back door is painted white), you will need to walk around to the front of the building
School Information
- High School District: New Hanover
- Elementary School: Alderman
- Middle School: Williston
- High School: New Hanover
Community
- Association: Yes
- Assoc. Name: Cepco
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Brick Veneer, Wood Frame
- Roof: Shingle
- Windows: Storm Window(s)
- Stories/Levels: 1
- Square Feet: 936
- Year Built: 1951
Lot Features
- Frontage: Paved, Paved
- Zoning: MF-M
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $230.76
- Association Fee: $4,236
- Assoc Fee Freq.: Annually
- Assessment Amount: $226,600
- Tax Amount: $1,333.55
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Unit 11-F Oleander Court
- Property ID: R05420-010-006-011
Listed by Intracoastal Realty Corp, Beatty Pittman Real Estate Team LLC and Intracoastal Realty Corp, Erin D Sullivan
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Price & Sales History for 2940 Oleander Dr #F11
Date
Details
Price
Change
Source
9/18/2025
Listed
$215,995
5.88%
MLS
5/04/2023
Sold
$204,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2940 Oleander Dr #F11
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,334
26%
$226,600
86%
2024
$1,060
3%
$121,800
—
2023
$1,029
-1%
$121,800
—
2021
$1,042
1%
$121,800
—
2022
$1,035
-1%
$121,800
41%
2021
$1,042
15%
$86,200
—
2019
$908
—
$86,200
—
2018
$908
—
$86,200
—
2017
$908
1%
$86,200
6%
2016
$897
5%
$81,000
—
2015
$858
6%
$81,000
—
2013
$813
—
$81,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2940 Oleander Dr #F11
2940 Oleander Drive #F11, Wilmington, NC 28403 (MLS# 100531238) is a Condo property with 2 bedrooms and 1 full bathroom. 2940 Oleander Drive #F11 is currently listed for $215,995 and was received on September 18, 2025. Want to learn more about 2940 Oleander Drive #F11? Do you have questions about finding other Condo real estate for sale in Chestnut Heights - Princess Place? You can browse all Chestnut Heights - Princess Place real estate or contact a Coldwell Banker agent to request more information.
