4201 Peachtree Ave, Wilmington, NC 28403

$579,500
3
BD
1
BA
1,530
SqFt

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Sold Price
$579,500
List Price
$579,500
Status
CLOSED
MLS#
100577809
Closing Date
Jun 30, 2026
Days on Market
9
Year Built
1942
Levels
One
Bedrooms
3
Bathrooms
1
Full-baths
1
Living Area
1,530
Acres
0.23
Neighborhood
Winter Park Gardens

Property Description

Exceptional investment opportunity! Located in burgeoning Midtown Wilmington, this income producing property features 2 move-in ready units in the friendly, quiet neighborhood. Desirable corner lot with and proven short-term rental income: The ''Peachtree Compound'' includes a professionally renovated 3 bedroom bungalow along with a fully detached 2 bedroom ADU built in 2023. flexibility for investors, student accommodations or multi-generational living. The main residence offers 1,030 sq ft, 3 bedrooms, 1 bath, and a fully fenced backyard blending timeless charm with modern updates. The detached ADU features 500 sq ft with 1 king bedroom, 1 bath, additional room with twin bed and built in sleeping loft. Additional private fenced yard, custom bathroom and expertly designed finishes. Designed for maximum indoor-outdoor living, both homes include inviting porches, dedicated private parking, separate utility meters, and natural gas stoves and tankless water heaters. Professionally managed as successful Airbnb/short-term rentals, these guest-favorite properties have hosted film production crews, UNCW visitors, vacationers, and extended-stay guests seeking convenient access to downtown and the beaches. Located just one block from the Cross City Trail, 5 minute drive to UNCW, approximately one mile to Whole Foods, Trader Joe's and only a 12-minute drive to Wilmington's Riverwalk and Wrightsville Beach. Ideal for investors seeking immediate income-producing property, owner-occupants looking to offset expenses, or buyers needing flexible dual-living arrangements. Rare opportunity to own a turnkey dual-property compound in one of Wilmington's most sought-after locations.

Additional Information

Available Amenities
None
Appliances
Gas Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher, Water Heater, Gas Range
Interior Features
Master Downstairs, Walk-In Closet(s), Kitchen Island, Ceiling Fans, Drapes/Blinds, Eat-In Kitchen, Walk-In Closet(s)
Cooling
Central Air, Ceiling Fan(s)
Heating
Electric, Forced Air, Heat Pump, Natural Gas
Foundation
Slab, Crawl Space
Roof
Metal, Shingle
Lot Information
Corner Lot
Utilities
Sewer Available, Water Available
Lot Water Features
Other
Water
Public
Elementary School
Winter Park
Middle School
Roland Grise
High School
Hoggard

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Innovate-Wilmington. Selling Office: Brick & Mojo, LLC.

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