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$2,249,000
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Property Description
Rare opportunity to acquire a portfolio of three newer duplexes (6 total units) in one of Wilmington's strongest rental corridors near UNCW, Wrightsville Beach, shopping, dining, and Wilmington International Airport. The portfolio consists of six 4-bedroom, 3-bathroom units with strong rental history and professional management systems already in place. Current gross income is approximately $169,200 annually with upside potential through future lease renewals and rent adjustments. Tenants pay utilities. Properties feature modern floor plans designed for shared occupancy and have benefited from numerous capital improvements and updates. Sale includes an additional parcel offering potential future development opportunities, subject to buyer due diligence and municipal approvals. Excellent opportunity for investors seeking immediate cash flow, strong occupancy history, and long-term appreciation potential in a highly desirable Wilmington location. Portfolio sale includes 271 S Kerr Ave, 4507 Greenway Ave, and 4515 Greenway Ave. Rent rolls, income statements, surveys, floor plans, and additional due diligence materials available upon request. Seller is a North Carolina Licensed Realtor.
Full Property Details
Full Property Details for 4515 Greenway Ave
General
- Price: $2,249,000
- Taxes: (2025)
- Status: Active
- Type: Duplex
- Source: 2253
- MLS ID: 100583829
- Updated: 8/20/2026
- Added to Site: 61 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Furnishings: Unfurnished
- Flooring: LVT/LVP
Rooms
Bathrooms
- Total Bathrooms: 18
Bedrooms
- Total Bedrooms: 24
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup
Additional Information
- Shared Amenities: See Remarks
Exterior
- Porch/Patio/Deck: Porch
Parking
- Parking Features: Asphalt, On Site
Location
- County: New Hanover
- Subdivision: College Park
- Driving Directions: south on Kerr Ave from Merket St left on Kerr
School Information
- Elementary School: College Park
- Middle School: Williston
- High School: New Hanover
Community
- Units Assoc/Comm: 4
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
- Construction: Vinyl Siding, Wood Frame
- Basement Desc.: None
- Roof: Shingle
- Windows: Thermal Windows
- Square Feet: 9,792
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.84
- Lot Size (Sq. Ft.): 36,590
- Lot Dimensions: Irregular
- Frontage: City Street, State Road, Paved, Paved
- Zoning: R-5
- Fencing (Description): Other
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $229.68
- Assessment Amount: $1,974,000
- Tax Year: 2025
- Tenant Pays: Electricity, Water
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: :04919-008-002-000
- Property ID: R04919-008-002-000
- Block: 1561
Listed by Coastal Properties, Mark C Reiser
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Schools
Schools serving 4515 Greenway Ave
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
College Park Elementary at Sidbury Road 5001 Oriole Drive, Wilmington, NC 28403 | K-5 | 1.4 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 2.7 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 2.6 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 4515 Greenway Ave
Date
Details
Price
Change
Source
8/01/2026
Price Reduced
$2,249,000
-9.68%
MLS
6/23/2026
Listed
$2,490,000
1052.78%
MLS
4/12/2022
Sold
$216,000
—
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 4515 Greenway Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,875
-15%
$658,400
26%
2024
$4,548
876%
$522,800
849%
2023
$466
-1%
$55,100
—
2021
$472
1%
$55,100
—
2022
$468
-1%
$55,100
78%
2021
$472
44%
$31,000
—
2019
$327
—
$31,000
—
2017
$327
-22%
$31,000
-18%
2016
$417
5%
$37,600
—
2015
$398
4%
$37,600
—
2014
$381
1%
$37,600
—
2013
$378
—
$37,600
—
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 4515 Greenway Ave
4515 Greenway Avenue, Wilmington, NC 28403 (MLS# 100583829) is a Duplex property with 24 bedrooms and 0 full bathrooms. 4515 Greenway Avenue is currently listed for $2,249,000 and was received on June 23, 2026. Want to learn more about 4515 Greenway Avenue? Do you have questions about finding other Duplex real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

