#100503664, Listing office: Berkshire Hathaway HomeServices Carolina Premier Properties
Property details
About 1101 Emory St
11-Home Portfolio | $270K+ Annual Income | Fully Occupied | Wilmington, NC. Turnkey investment opportunity with 11 fully occupied, low-maintenance single-family homes--all within 1 mile of each other. Tenants pay all utilities, and recent upgrades totaling over $200K (roofs, HVACs, windows, flooring, paint) mean minimal maintenance is needed moving forward. This portfolio brings in over $270,000/year in government-backed rent, with rent increases already set for October and pro forma income projected near $300K by 2026. Ideally located near the iconic Indochine restaurant, UNCW, and major job centers. Surrounded by new development and positioned near the planned Independence Blvd extension, this area is poised for continued growth--making this a strategic, cash-flowing opportunity in one of Wilmington's fastest-growing pockets. Rent roll and Section 8 docs available upon request.
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air
Year built1971
ParkingSee Remarks
MLS #100518138
Summary
- Interior: None
- Fireplace: None
- Attached Garage: No
- Parking: See Remarks
- Heating: Heat Pump
- Cooling: Central Air
- List Price: $2,750,000
- Annual Tax Amount: $1,241
- Tax Year: 2023
- Directions: 23rd St to MLK Parkway to right on Kornegay thru traffic circle - road becomes Spaulding-right on E. Stewart Circle, left on Emory St., 3rd house on right
- Year Built: 1971
- Stories: 1
- MLS Number: 100518138
- Office Name: East Atlantic Realty LLC
Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 14, 2022 | Home Sold | $170,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $146,900 | $1,241 |
| 2022 | $146,900 | $1,248 |
| 2021 | $146,900 | $1,257 |
| 2020 | $77,200 | $813 |
| 2019 | $77,200 | $813 |
| 2018 | $77,200 | $813 |
| 2017 | $77,200 | $951 |
History based on county public records data.
Nearby schools
2
Rachel Freeman School of Engineering
Public Magnet KG-5
0.5 mi
•2601 Princess Place Dr
3
Annie H Snipes Academy of Arts & Design
Public Magnet KG-5
1.0 mi
•2150 Chestnut St
2
Forest Hills Global Elementary School
Public District KG-5
1.4 mi
•602 Colonial Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $12,906. Most Wilmington, NC residents have annual incomes less than $<35k. Residents typically live in single, with kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
86%
<35k
14%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
37%
Single, No Kids
42%
Single, with Kids
13%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
11%
12-17 yrs old
23%
18-34 yrs old
32%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
NHRA Drag Racing
UFC
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Cicis Pizza
Golden Corral
Burger King
What do the neighbors drive?
Pontiac
Kia
Buick
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1101 Emory St
The listing price of 1101 Emory St property is $2,750,000.
The property 1101 Emory St is a house located in Wilmington, North Carolina, 28405.
Active Listing: 1101 Emory St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1101 Emory St are: Rachel Freeman School of Engineering (GreatSchools Rating 2/10), Annie H Snipes Academy of Arts & Design (GreatSchools Rating 3/10), Forest Hills Global Elementary School (GreatSchools Rating 2/10), Wilmington Preparatory Academy (GreatSchools Rating 6/10), D.C. Virgo Preparatory Academy (GreatSchools Rating 1/10), The International School at Gregory (GreatSchools Rating 6/10), Girls Leadership Academy of Wilmington (GreatSchools Rating 5/10), Career Readiness Academy at Mosley Plc (GreatSchools Rating 4/10), New Hanover High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $1,241 (source: MLS/based on county public records data).
The last sale was on November 14, 2022 for $170,000 (source: MLS/tax record).
The property at 1101 Emory St has 0 bedroom and 0 bathroom.
The sq. ft. of 1101 Emory St is not available (source: MLS/tax record).
The year of construction for 1101 Emory St is 1971.
This home is located at 1101 Emory St in Wilmington, NC and zip code 28405 in the Airport Industrial District neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $2,750,000.
While more than 68 listings in Wilmington, NC in June 2025 were sold above asking price, there were more than 71 listings sold at asking price, and more than 191 were sold below. The number of homes for sale in Wilmington, NC decreased by 0.1% between May and June 2025. In June 2025 median list price was $442,021 and the average listing age was 39 days.
From Rocket Homes Real Estate and based on county public records data.