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$2,060,000 Sale Pending
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
- Price: $2,060,000
- Taxes: (2025)
- Status: Pending
- Type: Multi-Family
- Source: 2253
- MLS ID: 100513730
- Updated: 5/13/2026
- Added to Site: 132 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
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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
1/01/2026
Listed
$2,060,000
128.89%
MLS
12/23/2020
Sold
$900,000
—
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 12 Nathan St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,999
-19%
$1,113,700
23%
2024
$4,928
—
$908,700
—
2023
$4,928
-4%
$908,700
—
2021
$5,155
4%
$908,700
—
2022
$4,973
-4%
$908,700
36%
2021
$5,155
13%
$669,100
—
2018
$4,567
-2%
$669,100
—
2017
$4,667
10%
$669,100
19%
2016
$4,242
-7%
$561,100
-16%
2019
$4,567
15%
$669,100
19%
2015
$3,967
3%
$561,100
—
2013
$3,855
—
$561,100
—
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 12 Nathan St
12 Nathan Street, Wrightsville Beach, NC 28480 (MLS# 100513730) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 12 Nathan Street is currently listed for $2,060,000 and was received on January 01, 2026. Want to learn more about 12 Nathan Street? Do you have questions about finding other Multi-Family real estate for sale in Wrightsville Beach? You can browse all Wrightsville Beach real estate or contact a Coldwell Banker agent to request more information.