Rare opportunity to own a fully occupied income property in Wilmington's established Beasley Road corridor. This parcel includes a classic three-bedroom ranch home plus a legal second-floor garage apartment on the same lot -- ideal for the owner-occupant looking to offset their mortgage, the investor seeking immediate cash flow, or the house-hacker wanting flexibility. The main home at 400 Beasley Road offers 1,314 square feet of single-story living with three bedrooms, two full baths, and a generous open living and dining layout. The primary bedroom suite features a private bath and walk-in closet. The kitchen opens to the dining room and the rear patio -- a classic, functional floor plan that works equally well for owner-occupancy or long-term rental. Out back, 402 Beasley Road is a 535-square-foot carriage-style apartment above a garage. The second-floor unit features a private entrance, open living area, full bedroom, kitchen, and bath with walk-in closet. A large covered patio below and a deck off the upper level provide outdoor space for tenants. This is a legal dwelling unit with a separate address -- an asset that commands strong rental demand in the Wilmington market. Note: a private access easement crosses this parcel per the recorded recombination plat, benefiting the adjacent retained parcel. See plat for alignment details. Sellers are Listing Agents and Licensed NC Real Estate Brokers
Details
MLS #
100593789
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Active
Year
1995
Days On Site
20
Listing Provided By
Cadence Realty Corporation | Luke A Waddell
Features
Bed(s)
3
Bath(s)
2 Total
SQ Feet
1,849
Garage
1
Story(s)
2
Zoning
R-15
Acreage
0.45
Property View
None
Interior
Interior Features
See Remarks
Heating Yes / No
Yes
Cooling Yes / No
Yes
Cooling
Central Air
Fireplace Yes / No
No
Rooms Total
6
Exterior
Roof
Shingle
Foundation Details
Slab
View
None
Construction Materials
Vinyl Siding, Wood Frame
Parking
Attached Garage Yes / No
No
Garage Yes / No
Yes
Parking Features
Parking Pad
Utilities
Utilities
Sewer Connected, Water Connected
Taxes
Tax Assessed Value
431400
Tax Book Number
78
Tax Legal Description
Lot 1R Charity Mclaurin Lands Rev
Tax Year
2025
Area Information
State
NC
County
New Hanover
City
Wilmington
Zip Code
28409
School District
New Hanover
Elementary School
Holly Tree
High School
Hoggard
Listing VS Median (in 28409)
Price: $465,000
low | high
Med: $554,950
30.655913978495% of Average
sqft: 1,849
low | high
Med: 2,457
17.117360735533% of Average
$ / sqft: $251
low | high
Med: $226
60.08793720061% of Average
On site: 20
low | high
Med: 103.5
19.323671497585% of Average
Sourced by Back At You
Market Activity 28409
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 11
Avg $ Per SqFt: $269.42
Min Sale Price: $215,000
Max Sale Price: $3,100,000
Med Sale Price: $450,000
Date: Jun 2026
Sales: 34
Avg $ Per SqFt: $255.36
Min Sale Price: $205,000
Max Sale Price: $2,664,500
Med Sale Price: $531,500
Date: May 2026
Sales: 54
Avg $ Per SqFt: $280.75
Min Sale Price: $121,000
Max Sale Price: $3,376,000
Med Sale Price: $612,500
Date: Apr 2026
Sales: 61
Avg $ Per SqFt: $268.25
Min Sale Price: $225,000
Max Sale Price: $3,470,000
Med Sale Price: $555,000
Date: Mar 2026
Sales: 42
Avg $ Per SqFt: $264.45
Min Sale Price: $241,500
Max Sale Price: $1,710,000
Med Sale Price: $556,500
Date: Feb 2026
Sales: 45
Avg $ Per SqFt: $281.44
Min Sale Price: $85,000
Max Sale Price: $2,770,000
Med Sale Price: $554,500
Date: Jan 2026
Sales: 41
Avg $ Per SqFt: $275.12
Min Sale Price: $73,000
Max Sale Price: $1,900,000
Med Sale Price: $525,000
Date: Dec 2025
Sales: 29
Avg $ Per SqFt: $250.25
Min Sale Price: $45,000
Max Sale Price: $5,000,000
Med Sale Price: $450,000
Date: Nov 2025
Sales: 46
Avg $ Per SqFt: $328.06
Min Sale Price: $315,000
Max Sale Price: $3,350,000
Med Sale Price: $549,000
Date: Oct 2025
Sales: 52
Avg $ Per SqFt: $282.91
Min Sale Price: $80,000
Max Sale Price: $2,737,500
Med Sale Price: $551,812
Date: Sep 2025
Sales: 60
Avg $ Per SqFt: $263.17
Min Sale Price: $72,000
Max Sale Price: $1,900,000
Med Sale Price: $533,500
Date: Aug 2025
Sales: 44
Avg $ Per SqFt: $304.1
Min Sale Price: $248,000
Max Sale Price: $4,990,000
Med Sale Price: $547,450
Sourced by Back At You
Jul 2026
Sales:
11
Avg $ Per SqFt:
$269.42
Min Sale Price:
$215,000
Max Sale Price:
$3,100,000
Med Sale Price:
$450,000
Jun 2026
Sales:
34
Avg $ Per SqFt:
$255.36
Min Sale Price:
$205,000
Max Sale Price:
$2,664,500
Med Sale Price:
$531,500
May 2026
Sales:
54
Avg $ Per SqFt:
$280.75
Min Sale Price:
$121,000
Max Sale Price:
$3,376,000
Med Sale Price:
$612,500
Apr 2026
Sales:
61
Avg $ Per SqFt:
$268.25
Min Sale Price:
$225,000
Max Sale Price:
$3,470,000
Med Sale Price:
$555,000
Mar 2026
Sales:
42
Avg $ Per SqFt:
$264.45
Min Sale Price:
$241,500
Max Sale Price:
$1,710,000
Med Sale Price:
$556,500
Feb 2026
Sales:
45
Avg $ Per SqFt:
$281.44
Min Sale Price:
$85,000
Max Sale Price:
$2,770,000
Med Sale Price:
$554,500
Jan 2026
Sales:
41
Avg $ Per SqFt:
$275.12
Min Sale Price:
$73,000
Max Sale Price:
$1,900,000
Med Sale Price:
$525,000
Dec 2025
Sales:
29
Avg $ Per SqFt:
$250.25
Min Sale Price:
$45,000
Max Sale Price:
$5,000,000
Med Sale Price:
$450,000
Nov 2025
Sales:
46
Avg $ Per SqFt:
$328.06
Min Sale Price:
$315,000
Max Sale Price:
$3,350,000
Med Sale Price:
$549,000
Oct 2025
Sales:
52
Avg $ Per SqFt:
$282.91
Min Sale Price:
$80,000
Max Sale Price:
$2,737,500
Med Sale Price:
$551,812
Sep 2025
Sales:
60
Avg $ Per SqFt:
$263.17
Min Sale Price:
$72,000
Max Sale Price:
$1,900,000
Med Sale Price:
$533,500
Aug 2025
Sales:
44
Avg $ Per SqFt:
$304.1
Min Sale Price:
$248,000
Max Sale Price:
$4,990,000
Med Sale Price:
$547,450
MLS Number: 100593789
Luke A Waddell – (910) 599-7081 – luke@cadencerealty.com
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MLS Number: 100593789
Luke A Waddell – (910) 599-7081 – luke@cadencerealty.com