Rare opportunity to own a fully occupied income property in Wilmington's established Beasley Road corridor. This parcel includes a classic three-bedroom ranch home plus a legal second-floor garage apartment on the same lot -- ideal for the owner-occupant looking to offset their mortgage, the investor seeking immediate cash flow, or the house-hacker wanting flexibility. The main home at 400 Beasley Road offers 1,314 square feet of single-story living with three bedrooms, two full baths, and a generous open living and dining layout. The primary bedroom suite features a private bath and walk-in closet. The kitchen opens to the dining room and the rear patio -- a classic, functional floor plan that works equally well for owner-occupancy or long-term rental. Out back, 402 Beasley Road is a 535-square-foot carriage-style apartment above a garage. The second-floor unit features a private entrance, open living area, full bedroom, kitchen, and bath with walk-in closet. A large covered patio below and a deck off the upper level provide outdoor space for tenants. This is a legal dwelling unit with a separate address -- an asset that commands strong rental demand in the Wilmington market. Note: a private access easement crosses this parcel per the recorded recombination plat, benefiting the adjacent retained parcel. See plat for alignment details. Sellers are Listing Agents and Licensed NC Real Estate Brokers
Single-familyProperty Type
1995Year Built
0.45 acresLot Size
$251Price/Sq.Ft.
1 car garageParking
Listed by Cadence Realty Waddell• Cadence Realty Corporation
Listed by Jarrod Covington• Cadence Realty Corporation
Westchester, located between Oleander Drive and Wrightsville Avenue, is a residential and residential Wilmington neighborhood with mid-century ranch homes and mature tree canopy. The neighborhood’s character concentrates around the Oleander Drive corridor near Independence Boulevard, where local eateries, small storefronts, and steady traffic set a practical, lived-in tone. Brick facades, low rooflines, and generous lots shape a calm streetscape behind the main roads. Greenfield Lake Park adds water views and a loop trail for daily laps. Cameron Art Museum and the Cargo District’s studios and workshops bring a creative counterpoint nearby. The Riverwalk and Historic Downtown sit a short drive away for dining and galleries.
Provided by Walk Score and Local Logic
Offer insights
400 Beasley Rd · $465,000
$465K and above
75% chance or better to win
Why $465K+ is a strong offer
DAYS ON MARKET
28 days
The average home goes pending in 44 days.
SALE-TO-LIST
98.1%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
See remarks (additional interior details)
Bathrooms
2 full bathrooms
Heating & cooling
Central air conditioning
Electric forced-air heating
Exterior features
Partial wood fencing
Patio/porch details: see remarks
Shingle roof
Road frontage on city street and state road
Irregular lot shape (see plat)
Home design
Single-family residence
Two levels (2 stories)
Entry level: 1
Parking
Parking pad
1 total parking space
1-car garage
Construction
Vinyl siding and frame construction
Slab foundation
Utilities
Sewer connected
Water connected
Electricity and solar
View estimated energy costs and solar savings for this home
This district is established for low density residential development and other compatible uses. Recognition of the existing residential development pattern located within the city and on its fringes creates a need for this district to preserve the character of these established neighborhoods and protect their associated property values. Land uses considered harmful to the health, safety and welfare of district residents shall be prohibited from infringing upon the livability of the residential areas within the district.
Permitted uses
Include but are not limited to:
Housing-Single unit
Recreation
Golf related
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 103° expected this year, 19 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Wilmington, NC • 28409
Average low and high temperatures (°F)
53
35
58
40
70
50
76
58
80
65
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73
90
78
85
72
81
69
74
58
69
51
58
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 400 Beasley Rd
$462,223
$2,777 under list price of $465K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $365K to $613K.