Listing Courtesy of: 
Hive MLS / Cadence Realty Corporation
Hive MLS / Cadence Realty Corporation 12 Nathan Street Wrightsville Beach, NC 28480
Pending (299 Days)
$2,060,000 (USD)
Description
MLS #:
100513730
100513730
Lot Size
4,792 SQFT
4,792 SQFT
Type
Multifamily
Multifamily
Year Built
1941
1941
Views
Ocean, Sound
Ocean, Sound
County
New Hanover County
New Hanover County
Listed By
Ross Tomaselli, Cadence Realty Corporation
Source
Hive MLS
Last checked Mar 31 2026 at 12:51 AM GMT+0000
Hive MLS
Last checked Mar 31 2026 at 12:51 AM GMT+0000
Bathroom Details
Interior Features
- Ceiling Fan(s)
Subdivision
- Not In Subdivision
Property Features
- Foundation: Block
Heating and Cooling
- Forced Air
- Propane
- Wall/Window Unit(s)
Exterior Features
- Block
- Asbestos
- Roof: Architectural Shingle
School Information
- Elementary School: Wrightsville Beach
- Middle School: Noble
- High School: Hoggard
Parking
- Gravel
- Aggregate
Stories
- 2
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Nov 24, 2025
Price Changed
$2,060,000
-17%
-$435,000
Jun 03, 2025
Listed
$2,495,000
-
-
Location
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The property includes:
Four 1-bedroom units in the main house
Two 2-bedroom units in a detached accessory dwelling unit (ADU)
All six units are currently leased at strong rental rates, providing immediate cash flow. Detailed financials are available upon request.
This is a unique opportunity to:
Renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach's thriving vacation market
Or, for developers, redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks Channel
Short-term rental projections available from MiraMar Vacation Rentals upon request. Opportunities of this scale and flexibility are seldom available in Wrightsville Beach—don't miss your chance to invest in one of North Carolina's most desirable beach communities.