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$214,500 Sale Pending
Property Description
Discover an incredible opportunity in the heart of Wilmington's growing rental market. 311 S 15th St is currently being used as an investment property and is tenant-occupied through June 2026, offering immediate income for anyone looking to expand their portfolio. This property has strong potential to continue as a long-term investment or could be a fantastic option for a future owner-occupant wanting a home they can fix up and make their own. With its close proximity to Downtown, the Cargo District, and major Wilmington hotspots, the location alone offers great upside and convenience. Whether you're looking for steady cash flow, a value-add renovation project, or a home to personalize down the road, this one checks the boxes. A solid tenant already in place makes the transition seamless for investors.
Full Property Details
Full Property Details for 311 S 15th St
General
- Price: $214,500
- Taxes: $1,656 (2025)
- Status: Pending
- Type: Single Family
- Source: 2253
- MLS ID: 100543494
- Updated: 5/13/2026
- Added to Site: 164 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: None
- Appliances: Gas Cooktop
- Furnishings: Unfurnished
- Flooring: LVT/LVP, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Porch
Parking
- Garage Spaces: 1
- Parking Features: Detached, Off Street, Unpaved
Location
- County: New Hanover
- Subdivision: Rankin Place North
- Driving Directions: From Market Street turn onto S 16th St, then turn right onto Nun St, Turn right onto S 15th St and 311 S 15th will be on your right.
School Information
- High School District: New Hanover
- Elementary School: Snipes
- Middle School: Williston
- High School: Hoggard
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Metal Siding, Wood Frame
- Basement Desc.: None
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 970
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,837
- Lot Dimensions: 39 x 142
- Frontage: City Street, State Road, Paved, Paved
- Zoning: R-5
- Fencing (Description): Back Yard, Wood
Green Features
- Building Certification: None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $221.13
- Assessment Amount: $281,400
- Tax Amount: $1,656.04
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: BLK 500 SW 1/4 3 NE 4 WILM
- Property ID: R05406-027-003-000
Listed by Carolina One Properties Inc., Lee T Eatmon and Carolina One Properties Inc., Farra Andrews
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Schools
Schools serving 311 S 15th St
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 0.7 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 0.3 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 311 S 15th St
Date
Details
Price
Change
Source
12/01/2025
Listed
$214,500
34.06%
MLS
11/22/2021
Sold
$160,000
—
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 311 S 15th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,656
48%
$281,400
119%
2024
$1,119
3%
$128,600
—
2023
$1,087
-1%
$128,600
—
2021
$1,101
34%
$128,600
—
2022
$820
-26%
$128,600
32%
2021
$1,101
7%
$97,400
—
2019
$1,026
—
$97,400
—
2017
$1,026
25%
$97,400
31%
2016
$823
5%
$74,300
—
2015
$787
5%
$74,300
—
2014
$753
1%
$74,300
—
2013
$746
—
$74,300
—
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 311 S 15th St
311 S 15th Street, Wilmington, NC 28401 (MLS# 100543494) is a Single Family property with 2 bedrooms and 1 full bathroom. 311 S 15th Street is currently listed for $214,500 and was received on December 01, 2025. Want to learn more about 311 S 15th Street? Do you have questions about finding other Single Family 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.
