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
Days on Market
9
Closing Date
Jun 30, 2026
MLS#
100577809
Subtype
Residential
Year Built
1942
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,530
Lot Size
9,583
Acres
0.23
Subdivision
Winter Park Gardens
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

Amenities
None
Interior Features
Master Downstairs, Walk-In Closet(s), Kitchen Island, Ceiling Fans, Drapes/Blinds, Eat-In Kitchen, Walk-In Closet(s)
Zoning
R-10
Flooring
Vinyl, Tile, Wood
Appliances
Gas Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Disposal, Dishwasher, Water Heater, Gas Range
Heating
Electric, Forced Air, Heat Pump, Natural Gas
Air Conditioning
Central Air, Ceiling Fan(s)
Levels
One
Roof
Metal, Shingle
Foundation
Slab, Crawl Space
Parking Features
Additional Parking, Gravel, Off Street
School District
New Hanover
Elementary School
Winter Park
Middle School
Roland Grise
High School
Hoggard
View
Other

Listing courtesy of Listing Agent: Ben Szafran Real Estate Team () from Listing Office: Keller Williams Innovate-Wilmington.

Selling Office: Brick & Mojo, LLC.

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