Waterfront - Primary on Main
Address
1220 Queen Street, Wilmington, NC
Price
$ 1,250,000
Property Attributes
- MLS#100570339
- TypeSingle Family
- Listing Status Active
- CountyNEW HANOVER
- CityWilmington
- AreaDawson-Castle Street
- NeighborhoodWilmington
- Zip28401
- StyleSingle Family Residence
- Year Built1920
- Taxes$ 1150
- Price$ 1,250,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage882
- Lot Size0.08 Acres
Data Source:
North Carolina Regional MLS (NCRMLS)
Property Description
Five-property income portfolio in downtown Wilmington -- offered as a single transaction. All homes leased and currently producing $96,000 in annual gross rent. Seller has completed significant system upgrades across the portfolio in recent years: new roofs (4 of 5), new HVAC, new windows, new flooring. Concentrated in Wilmington's most active rental corridor -- walking distance to the Cargo District, Castle Street, and the Riverfront. Combined ~5,000 sq ft / 14 BR / 9 BA across five separate parcels. Est. cap rate ~6.9% at asking on current rents. Sold as-is.
| Elementary School | Middle School | High School |
|---|---|---|
| Forest Hills Elementary School | Williston Middle School | Hoggard High School |
| Price History | |
|---|---|
| 4/29/2026 | Listed $1,250,000 |
General Features
| Living Area | 882.0 |
|---|---|
| Heating | Other,Electric,Forced Air |
| Cooling | Central Air |
| Utilities | Water Connected |
| Possession | Close Of Escrow,At Closing |
| Roof | Shingle |
| Zoning | R-5 |
| Patio/Porch Features | Front Porch |
| Construction Materials | Wood Frame |
| Year Built | 1920 |
| View | See Remarks |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Taxes | 1150.53 |
| Parcel Number | R05410-015-027-000 |
| County | New Hanover |
| Operating Expense | 0.0 |
| New Construction | No |
| Property Type | Residential |
| In City Limits? (Y/N) | Yes |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Dawson-Castle Street |
| Garage Y/N | No |
| Total Rooms | 4 |
| Full Baths | 1 |
| Status | Active |
| Directions | Head towards Downtown Wilmington,take Oleander Drive to Wooster Street. Take a right on S 13th St. Take a left on Queen |
| High School | Hoggard |
| City | Wilmington |
| High School District | New Hanover |
| Lot Size Units | Acres |
| Lot Size Square Feet | 3311.0 |
| Carport Spaces | 0.0 |
| Carport Y/N | No |
| Elementary School | Forest Hills |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Home Warranty Y/N | No |
| Middle/Junior High School | Williston |
| Lease Considered Y/N | No |
| Structure Type | Wood Frame,Stick Built |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Tax Assessed Value | 195500 |
| Legal Description | BLK 70 PT EM 1/2 Wilmington |
| IslandOrMainland | Mainland |
Interior Features
| Interior Amenities | See Remarks |
|---|---|
| Flooring | Laminate,Wood |
| Master Bed Level | Primary Living Area |
| Total Stories | 1 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 2 |
| Entry Level | 1 |
| Room Type | Master Bedroom,Bedroom 2,Dining Area,Living Room |
| Total Baths | 1 |
| Living Area Range | 800 - 999 |
| SmokingYN | No |
Exterior Features
| Exterior Finish | See Remarks |
|---|---|
| Fencing | Partial |
| Parking Features | On Street |
| Water Source | Public |
| Total Parking | 0.0 |
| Lot Size Area | 0.08 |
| Foundation Details | Crawl Space |
| Spa | No |
| Building Area Total | 882.0 |
| Lot Dimensions | 33 x 100 |
| Lot Size Acres | 0.08 |
| Frontage Type | See Remarks |
| Waterfront Y/N | No |
| Road Frontage Type | City Street,State Road |
| Crops Included Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 28401
Price
Taxes
Year Built
Visits
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of September 21, 2026 12:52 AM UTC 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 Berkshire Hathaway HomeServices Carolina Premier Properties - Wilmington shall be responsible for any typographical errors, misinformation,
