INNOVATE Real Estate
Front unit bed 1 - 2 - 305 Macmillan Avenue N, Wilmington, NC 28403, Wilmington
Back unit bed 1 - 2 - 305 Macmillan Avenue N, Wilmington, NC 28403, Wilmington
2 photos

$709,900

305 Macmillan Avenue N, Wilmington, NC 28403
Wilmington, NC 28403
Listed by Tammie Fuerstenberg · Coldwell Banker Sea Coast Advantage-Midtown
Bedrooms
6
Bathrooms
N/A
Living area
N/A
Year built
1917

About this home

6.9% CAP rate - Investor opportunity in PRIME Midtown Wilmington location within 4 blocks of UNCW campus! Renovated duplex features two 3BR/3BA units, ample gravel parking, large lot with potential for future building/storage, and fenced rear yard. Property offers excellent flexibility for investors seeking rental income or an owner-occupant looking to live in one unit while renting the other. Covered porch, and patio provide additional space to relax and entertain. Metal roof installed in 2019. High rental demand in this location, with tenants already in place, makes this a turnkey investment opportunity. Appointment required; tenant occupied.

Property details

MLS
Hive MLS
MLS #
100607026
Property type
Duplex
Subdivision
Other
Status
Active
Days on market
4
On market date
October 13, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.41 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Dr John Codington Elem
3.92 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
454
Student:teacher ratio
15.1:1
District
New Hanover County Schools
Middle
Williston Middle
3.24 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
698
Student:teacher ratio
12.7:1
District
New Hanover County Schools
High
Isaac M Bear Early College High School
0.37 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
230
Student:teacher ratio
23.0:1
District
New Hanover County Schools

Walkability

Blended score for Wilmington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

75
Walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable

Mortgage calculator

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Est. monthly payment
$4,425/mo
$141,980 down
$567,920 loan
Principal & interest$3,684
Property tax (est.)$592
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.