206 Clay St, Wilmington, NC 28405

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Listing courtesy of REAL Broker LLC.

Sold listing courtesy of REAL Broker LLC

Sold Price
$325,000
List Price
$350,000
Status
CLOSED
Days on Market
12
Closing Date
Oct 15, 2025
MLS#
100524348
Subtype
Residential Income
Year Built
2002
Bedrooms
4
Bathrooms
2
Lot Size
9,496
Acres
0.22
Subdivision
Ridgecrest
Neighborhood
Ridgecrest

Property Description

Investor Opportunity - Fully Leased Duplex 206 Clay Street presents an excellent opportunity for investors seeking a property with immediate rental income. This well-maintained duplex features two units, each offering 2 bedrooms, 1 bathroom, and a spacious living area that provides comfortable layouts for tenants. Recent updates enhance the property's value, including LVP flooring installed in 2023 and a new roof installed August 2025, offering peace of mind for years to come. Both units are currently occupied by long-term tenants, making this an ideal addition to any investment portfolio. Conveniently located near local amenities, schools, and transportation, this property is well-positioned for continued rental demand. Bonus Investment Potential: The adjacent tri-plex at 212 Clay Street (MLS ID 100524356) is also available and can be purchased as a package for increased rental income and portfolio growth. Please allow 24 hours' notice for all showing requests.

Additional Information

Interior Features
Ceiling Fans, Drapes/Blinds
Zoning
R-5
Flooring
Vinyl, Tile
Heating
Electric, Heat Pump
Air Conditioning
Central Air
Stories
1
Levels
One
Roof
Composition
Foundation
Slab
Parking Features
Off Street, On Site
Elementary School
Freeman
Middle School
Virgo
High School
New Hanover

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

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