4201 Peachtree Ave, Wilmington, NC 28403
- $579,500
- 3
- BD
- 1
- BA
- 1,530
- SqFt
- Sold Price
- $579,500
- List Price
- $579,500
- Status
- CLOSED
- MLS#
- 100577809
- Closing Date
- Jun 30, 2026
- Property Type
- Single Family Residence
- Bedrooms
- 3
- Full Baths
- 1
- Lot Size
- 9,583
- Year Built
- 1942
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.
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Additional Information
- Elementary School
- Winter Park
- Middle School
- Roland Grise
- High School
- Hoggard
- Foundation
- Slab, Crawl Space
- Interior Features
- Master Downstairs, Walk-In Closet(s), Kitchen Island, Ceiling Fans, Drapes/Blinds, Eat-In Kitchen, Walk-In Closet(s)
- Levels
- One
- Lot Description
- Corner Lot
- Possession
- Close Of Escrow, At Closing
- County
- New Hanover
- Neighborhood
- Winter Park Gardens
- Project/Section
- Winter Park Gardens
- Acres
- 0.23
- Amenities
- None
- Heating
- Electric, Forced Air, Heat Pump, Natural Gas
- Utilities
- Sewer Available, Water Available
- Zoning
- R-10
- Listing Courtesy Of
- Keller Williams Innovate-Wilmington
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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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