12 Nathan Street, Wrightsville Beach, NC 28480 - Photo 1

1/1

$1,875,000

Sold
Closed
Multi-Family
4 Units
8 Total Beds

1/1

Property Description

Introducing one of the most unique investment offerings on Wrightsville Beach. Located just steps from the sand, 12 Nathan Street features six grandfathered rental units on a valuable 50x90 R2-zoned lot. The property includes: Four 1-bedroom units in the main house Two 2-bedroom units in a detached accessory dwelling unit (ADU) All six units are currently leased at strong rental rates, providing immediate cash flow. Detailed financials are available upon request. This is a unique opportunity to: Renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach's thriving vacation market Or, for developers, redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks Channel Short-term rental projections available from MiraMar Vacation Rentals upon request. Opportunities of this scale and flexibility are seldom available in Wrightsville Beach-don't miss your chance to invest in one of North Carolina's most desirable beach communities.

Full Property Details

Full Property Details for 12 Nathan St

General

Sold For: $1,875,000
Taxes: (2025)
Status: Closed
Type: Multi-Family
Source: 2253
MLS ID: 100513730
Added to Site: 178 day(s) ago

Interior

Interior Features: Ceiling Fan(s)

Rooms

Bathrooms

Total Bathrooms: 6

Bedrooms

Total Bedrooms: 8

Exterior

Porch/Patio/Deck: Deck, Porch

Parking

Parking Features: Gravel, Aggregate

Location

County: New Hanover
Subdivision: Not In Subdivision
Driving Directions: Over Wrightsville Beach drawbridge, stay right at fork into Causeway Drive, cross over Banks Channel Bridge, right onto Waynick, and left on Nathan Street - house is on the right

School Information

Elementary School: Wrightsville Beach
Middle School: Noble
High School: Hoggard

Community

Units Assoc/Comm: 4

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Wall/Window Unit(s)
Heating Type: Propane, Forced Air

Structural Information

Construction: Block, Asbestos
Roof: Architectural Shingle
Stories/Levels: 2
Square Feet: 3,682
Year Built: 1941

Lot Features

Lot Size (Acres): 0.11
Lot Size (Sq. Ft.): 4,792
Lot Dimensions: 95 x 50
Zoning: R2
Fencing (Description): None

Financial Considerations

For Sale: Yes
Price Per Sq. Ft.: $559.48
Assessment Amount: $113,700
Tax Year: 2025

Disclosures and Reports

Special Conditions: Standard
Legal Description: LOT 17 MRS E I BEAR DIV
Property ID: R06319-004-010-000
Lot Number: 17

Listed by Cadence Realty Corporation, Ross Tomaselli
Sold by Corcoran HM Properties, Olivia L Galarde

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Listing agent

— 12 Nathan St —

Ross Tomaselli

Cadence Realty Corporation

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Schools

Schools serving 12 Nathan St

School District:New Hanover County Schools

Name	Grades	Distance
Wrightsville Beach Elementary 220 Coral Drive, Wrightsville Beach, NC 28480	K-5	1.5 mi
M C S Noble Middle 6520 Market Street, Wilmington, NC 28405	6-8	4.4 mi
John T Hoggard High 4305 Shipyard Boulevard, Wilmington, NC 28403	9-12	5 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 12 Nathan St

Date

Details

Price

Change

Source

5/21/2026

Sold

$1,875,000

-8.98%

MLS

1/01/2026

Listed

$2,060,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3
Beds
3
Total Baths

Listed by Seth D Huntt

12 Nathan St, Wrightsville Beach, NC 28480 - Photo 1

Sold

$1,875,000