No photo available
$2,800,000
Property Description
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.
Full Property Details
Full Property Details for 400 Beasley Rd
General
- Price: $2,800,000
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100513158
- Updated: 5/13/2026
- Added to Site: 335 day(s) ago
Interior
- Number of Rooms: 5
- Interior Features: None
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Exterior
- Porch/Patio/Deck: Porch
Parking
- Attached garage: Yes
- Garage Spaces: 6
- Parking Features: Additional Parking, Concrete
Location
- County: New Hanover
- Subdivision: Not In Subdivision
- Driving Directions: Pine Grove to Beasley Rd on right
School Information
- High School District: New Hanover
- Elementary School: Holly Tree
- Middle School: Roland Grise
- High School: Hoggard
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame
- Construction: Brick, Vinyl Siding
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,302
- Year Built: 2002
Lot Features
- Lot Size (Acres): 4.36
- Lot Size (Sq. Ft.): 189,922
- Lot Dimensions: irregular
- Frontage: City Street, State Road
- Zoning: R-15
- Fencing (Description): Partial
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $2,150.54
- Assessment Amount: $437,200
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Multiple Parcels
- Property ID: R06120-007-018-000
Listed by Cadence Realty Corporation, Jarrod Covington and Cadence Realty Corporation, Luke A Waddell
Get Pre-Approved Today
Schools
Schools serving 400 Beasley Rd
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Holly Tree Elementary 3020 Web Trce, Wilmington, NC 28409 | K-5 | 0.5 mi |
Roland-Grise Middle School 4412 Lake Avenue, Wilmington, NC 28403 | 6-8 | 1.4 mi |
John T Hoggard High 4305 Shipyard Boulevard, Wilmington, NC 28403 | 9-12 | 1.4 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 400 Beasley Rd
Date
Details
Price
Change
Source
6/12/2025
Listed
$2,800,000
300%
MLS
8/03/2020
Sold
$700,000
—
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 400 Beasley Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,573
-9%
$437,200
34%
2024
$2,831
3%
$325,400
—
2023
$2,750
-1%
$325,400
—
2021
$2,785
1%
$325,400
—
2022
$2,766
-1%
$325,400
38%
2021
$2,785
12%
$235,000
—
2019
$2,476
—
$235,000
—
2017
$2,476
13%
$235,000
18%
2016
$2,200
5%
$198,600
—
2015
$2,103
4%
$198,600
—
2014
$2,014
1%
$198,600
—
2013
$1,994
—
$198,600
—
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 400 Beasley Rd
400 Beasley Road, Wilmington, NC 28409 (MLS# 100513158) is a Single Family property with 3 bedrooms and 2 full bathrooms. 400 Beasley Road is currently listed for $2,800,000 and was received on June 12, 2025. Want to learn more about 400 Beasley Road? 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.
