12 Nathan Street, Wrightsville Beach, NC 28480
New Listing
$2,495,000
Property Type:
Multi-Family
Bedrooms:
8
Baths:
6
Square Footage:
3,682
Lot Size (sq. ft.):
4,792
Status:
Active
Current Price:
$2,495,000
List Date:
6/14/2025
Last Modified:
6/14/2025
Description
Introducing one of the most unique investment offerings on Wrightsville Beach. Located just steps from the sand, 12 Nathan Street features six grandfathered rental units on a valuable 50x90 R2-zoned lot.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.
More Information MLS# 100513730
Contract Info
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2025-06-03
Sub-Type: Quadruplex
Listing Price: 2495000
Current Price: $2,495,000
List Price/SqFt: 677.62
Stipulation of Sale: Standard
Location Information
Street #: 12
Street Name: Nathan
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28480
City Limits: Yes
Marketing City: Wrightsville Beach
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.194062
Geo Lon: -77.806397
Remarks and Showing
Directions to Property: Over Wrightsville Beach drawbridge, stay right at fork into Causeway Drive, cross over Banks Channel Bridge, right onto Waynick, and left on Nathan Street - house is on the right
Sign on Property: No
Building Info
New Construction: No
Property ExteriorInterior Info
# Bedrooms: 8
SqFt - Heated (Primary): 3682
Legal and Taxes
Tax Assessed Value: 113700
Deed Book: 6396
Deed Page: 295
Legal: LOT 17 MRS E I BEAR DIV
Broker Owner: No
PID: R06319-004-010-000
Tax Identifier: R06319-004-010-000
Special Assessments: none
Tax Year: 2025
Year Built: 1941
Zoning: R2
Cobra Zone: No
Elementary School: Wrightsville Beach
Middle School: Noble
High School: Hoggard
Property Features
View Type: Ocean; Sound View
Construction: Block
Exterior Finish: Asbestos; Block
Fencing: None
Foundation: Block
Fuel Tank: Propane Above Ground
Fuel Tank Ownership: Leased
Parking Features: Aggregate; Gravel
Patio and Porch Features: Deck; Porch
Roof: Architectural Shingle
Lot Water Features: None
Cooling: Wall/Window Unit(s)
Heating: Forced Air
Heating System Fuel Source: Propane
Fireplace: None
Interior Features: Ceiling Fan(s)
Listing Office: Cadence Realty Corporation
Last Updated: June - 14 - 2025
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