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$--

5beds

3baths

2,193sqft

17,947sqft lot

305 Macmillan Ave N, Wilmington, NC 28403

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1917

Year built

Home Details

Welcome to 305 Macmillian Avenue, a fully renovated two-unit investment property ideally positioned in one of Wilmington's most consistent and high-demand rental corridors. Located within a two-mile radius of the University of North Carolina Wilmington, 10 minutes to Wrightsville Beach and Mayfaire, and less than 15 minutes to downtown Wilmington, this property offers a rare combination of strong in-place income, modern updates, and long-term rental appeal.nnThe property is currently leased through August 2026 with a total gross monthly income of $4,800, providing immediate and reliable cash flow. One unit is renewing for an additional year at an increased rental rate, while the second unit is actively listed for rent, allowing flexibility for continued income growth. The home is professionally managed by a reputable local property management company, making this an ideal opportunity for an investor seeking a truly turnkey and hands-off asset.nnEach unit features three bedrooms and three full bathrooms, offering spacious and functional layouts that are highly desirable for both student and non-student renters alike. The property has been well maintained, allowing a new owner to step into a stabilized investment without the need for immediate improvements. The unit layouts provide consistency, ease of management, and strong long-term leasing performance.nnOn the outside, the property offers ample gravel parking, a key feature in this area, along with additional green space at

Interior Details

Square Feet
  • 2193

Bedrooms
  • 5

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 17947

Water
  • No

Sewer
  • No

Parking
  • Type:

    Carport (unspecified)

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Raised Ranch

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,270

$47,900

$167,600

--%

$215,500

2019

$2,239

$47,900

$164,700

--%

$212,600

2018

$1,110

$47,900

$57,500

--%

$105,400

2017

$1,438

$47,900

$88,700

--%

$136,600

2016

$1,170

$47,900

$57,700

--%

$105,600

2013

$1,060

$47,900

$57,700

--%

$105,600

2013

$1,060

$47,900

$57,700

--%

$105,600

2012

$1,060

$47,900

$57,700

--%

$105,600

percent-home-icon

Average Home Price in 28403

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$--

5 Beds

3 Baths

2,193 Sqft

17,947 Lot (sqft)

Sold 10/06/2026

$699,000

3 Beds

4 Baths

2,416 Sqft

20,038 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
375,000
$
Down payment
75,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,250
$
HOA (Monthly)
0
$
PMI
0
$
$2,427
Your Payment
Total Monthly Payment:$2,427
Percent of Income:42%
Affordable:No

Details for 305 MACMILLAN AVE N

Property Debt

Foreclosure Contact Details