$1,100,000

315 S 3rd St Wilmington, NC 28401

$10,000
Closing credit¹
6 beds
6 baths
3,896 sqft
0.3 acres
$282 / sqft
Multi-Family

Property details

About 315 S 3rd St

Calling all investors, don't miss out on this incredible 4-unit Quadplex located in the heart of historic downtown Wilmington! This property offers a unique blend of charm and modern updates, presenting a lucrative opportunity for savvy investors and boasting over 3,800 sq. ft. between the two levels. This property features two One bedroom units on the first floor, with Unit B featuring new updates in the kitchen and newly remodeled bathroom. The Second floor also features two units. Another One bedroom unit with fresh paint throughout and an updated bathroom. The Second floor also features a spacious 3 Bed-3 Bath unit. Some features include new paint throughout, newly remodeled kitchen, and remodeled bathroom. This quadplex epitomizes a prime investment with a diverse range of upgrades and reliable income streams. Seize this opportunity to own a remarkable piece of Wilmington's real estate heritage.

Highlights

Home typeQuadruplex
HeatingHeat Pump
StatusAccepting Backup Offers
(Pending with Showings)
CoolingCentral Air
Size3,896 sqft
Lot size0.28 Acres
Year built1870
ParkingOff Street,See Remarks
MLS #100474752
Fireplace3+

Summary

  • MLS Number: 100474752
  • Office Name: RE/MAX Executive

IDX 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: 4/16/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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italianate house featuring a porch

$1,100,000

315 S 3rd St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 20, 2022
Home Sold
$730,000
Apr 24, 2017
Home Sold
$429,000
Nov 01, 2006
Home Sold
$550,000

Tax history

YearAssessmentProperty Tax
2023$520,500$-
2022$520,500$4,424
2021$520,500$4,454
2020$365,200$3,847
2019$365,200$3,847
2018$365,200$3,847
2017$365,200$4,199

History based on county public records data.

Nearby schools

5

Douglass Academy

Public Charter KG-5

0.8 mi

507 N 6th St

3

Annie H Snipes Academy of Arts & Design

Public Magnet KG-5

1.5 mi

2150 Chestnut St

5

Sunset Park Elementary School

Public District KG-5

1.6 mi

613 Alabama Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,211. Most Wilmington, NC residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

47%
<35k
49%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

72%
Single, No Kids
8%
Single, with Kids
13%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
5%
12-17 yrs old
34%
18-34 yrs old
41%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 315 S 3rd St in Wilmington, NC and zip code 28401 in the Old Wilmington neighborhood. This 3,896 square foot home, which was built in 1870, sits on a 0.28 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 7, 2024 and is currently priced at $1,100,000.

In March 2025, from all listings sold in Wilmington, NC there were more than 31 sold above asking price, over 159 sold below and more than 58 were sold right at the asked price. Between February and March 2025, Wilmington, NC real estate market has seen increase in the number of listings by 14.6%. While the average time on the market in March 2025 was 50 days, the median list price was $439,251.

From Rocket Homes Real Estate and based on county public records data.

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