About 1421 -1425 Wellington Avenue
Turnkey 4-unit investment opportunity featuring two duplexes on adjacent lots (sold together). Rare ''quad'' setup ideal for investors seeking immediate cash flow and portfolio expansion. Unit mix includes: one 3BR/2BA, one 2BR/2BA, one 2BR/1BA, and one 3BR/3BA. Property offers off-street parking and garage. Located on a corner lot with O&I zoning, providing flexibility for continued residential use or potential conversion to other permitted uses (buyer to verify). Currently fully income-producing. Conveniently situated near hospital, shopping, businesses, and beaches--strong rental demand area. Great opportunity for investors looking for stable income with upside potential.
Features of 1421 -1425 Wellington Avenue
| MLS® # | 100564998 |
|---|---|
| Price | $1,065,000 |
| Bedrooms | 9 |
| Bathrooms | 4.00 |
| Acres | 0.30 |
| Year Built | 1974 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 1421 -1425 Wellington Avenue |
|---|---|
| Subdivision | Halcyon |
| City | Wilmington |
| County | New Hanover |
| State | NC |
| Zip Code | 28401 |
Amenities
| Amenities | See Remarks |
|---|---|
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
| Parking Spaces | 1 |
| Parking | Gravel, Off Street |
| # of Garages | 1 |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | See Remarks |
|---|---|
| Heating | Electric, Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Brick Veneer, Vinyl Siding, Wood Frame |
| Foundation | Slab |
School Information
| Elementary | Sunset |
|---|---|
| Middle | Williston |
| High | New Hanover |
Additional Information
| Date Listed | April 4th, 2026 |
|---|---|
| Days on Market | 138 |
| Zoning | O&I |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Intracoastal Realty Corporation |
|---|