INNOVATE Real Estate
Multi Family at 719 Princess Street, Wilmington, NC 28401, Wilmington
Multi Family at 719 Princess Street, Wilmington, NC 28401, Wilmington, photo 2 of 5
Multi Family at 719 Princess Street, Wilmington, NC 28401, Wilmington, photo 3 of 5
Multi Family at 719 Princess Street, Wilmington, NC 28401, Wilmington, photo 4 of 5
Multi Family at 719 Princess Street, Wilmington, NC 28401, Wilmington, photo 5 of 5
5 photos

$1,299,000

719 Princess Street, Wilmington, NC 28401
Wilmington, NC 28401
Listed by Jeffrey G Hovis · Intracoastal Realty Corporation
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

8-unit mixed-use property located near Wilmington's Historic District, Downtown, and the Soda Pop District. Built in 1900 with extensive renovations completed 2021-2024. Updates include full interior improvements with each residential unit uniquely finished. Property is in the UMX zoning district. Configuration includes 1 retail space, 4 one-bedroom units, 2 studio units, and 1 two-bedroom unit. Annual rental income approx. $124,000. Strong rental history and turnkey investment opportunity in a high-demand urban location.

Property details

MLS #
100543390
Property type
Multi Family
Subdivision
Not In Subdivision
Status
Active
Days on market
313
On market date
November 30, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.08 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
A H Snipes Academy of Arts/Des
1.12 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
391
Student:teacher ratio
10.6:1
District
New Hanover County Schools
Middle
Williston Middle
0.54 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
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
3.54 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.

72
Walkable
out of 100
EPA National Walkability Index
14.3 / 20 -- Above average walkable

Mortgage calculator

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Est. monthly payment
$7,973/mo
$259,800 down
$1,039,200 loan
Principal & interest$6,740
Property tax (est.)$1,083
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 7 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.