12 Nathan St Wrightsville Beach, NC 28480
Property details
About 12 Nathan St
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 houseTwo 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 marketOr, 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 ChannelShort-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.
Highlights
Summary
- Interior: Ceiling Fan(s)
- Fireplace: None
- Total Bedroom Count: 8
- Attached Garage: No
- Parking: Aggregate,Gravel
- Waterfront: None
- Heating: Forced Air
- Cooling: Wall/Window Unit(s)
- List Price: $2,495,000
- Price/SqFt: $677
- 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
- Year Built: 1941
- Stories: 2
- Living Area: 3,682 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 100513730
- Office Name: Cadence Realty Corporation
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Last updated on: 7/20/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
8
Wrightsville Beach Elementary School
Public District KG-5
1.5 mi
•220 Coral Dr
6
Bradley Creek Elementary School
Public District KG-5
2.2 mi
•6211 Greenville Loop Rd
9
Masonboro Elementary School
Public District KG-5
3.4 mi
•3518 Masonboro Loop Rd
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 $73,065. Typical income of Wrightsville Beach, NC residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
Frequently asked questions
About 12 Nathan St
The listing price of 12 Nathan St property is $2,495,000.
The property 12 Nathan St is a multi located in Wrightsville Beach, North Carolina, 28480.
Active Listing: 12 Nathan St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12 Nathan St are: Wrightsville Beach Elementary School (GreatSchools Rating 8/10), Bradley Creek Elementary School (GreatSchools Rating 6/10), Masonboro Elementary School (GreatSchools Rating 9/10), MCS Noble Middle School (GreatSchools Rating 7/10), Roland-Grise Middle School (GreatSchools Rating 6/10), Wilmington Preparatory Academy (GreatSchools Rating 6/10), Isaac M Bear Early College High School (GreatSchools Rating 8/10), John T Hoggard High School (GreatSchools Rating 7/10), Career Readiness Academy at Mosley Plc (GreatSchools Rating 4/10).
The property 12 Nathan St is 3,682 SqFt (source: MLS/tax record).
The year of construction for 12 Nathan St is 1941.
This home is located at 12 Nathan St in Wrightsville Beach, NC and zip code 28480 in the Banks Channel Condo neighborhood. This 3,682 square foot home, which was built in 1941, sits on a 0.11 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 14, 2025 and is currently priced at $2,495,000.
In June 2025 more than 3 listings in Wrightsville Beach, NC were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below. The number of listings in Wrightsville Beach, NC decreased by 8.9% between May and June 2025. While the average time on the market in June 2025 was 29 days, the median list price was $1,632,500.