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$--
5beds
3baths
2,193sqft
17,947sqft lot
305 Macmillan Ave N, Wilmington, NC 28403
Member Features
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Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
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Already a member?
For Sale
Off Market
Home type
Price / sqft
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
2193
5
3
Has Heating:
Yes
Heating Type:
Heat Pump
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Electric
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
17947
No
No
Type:
Carport (unspecified)
Location:
N/A
Status:
N/A
Number of Spaces:
0
No
No
No
No
No
No
No
Construction Details
Raised Ranch
Aluminum/vinyl
N/A
N/A
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
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




