12 Nathan Street, Wrightsville Beach, NC 28480

$1,875,000

12 Nathan Street
Wrightsville Beach, NC 28480
MLS# 100513730
Status: Closed
8 beds | 6 baths | 3682 sqft

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Property Description
Introducing one of the most unique investment offerings on Wrightsville Beach. Located just steps from the sand, 12 Nathan Street features six grandfathered rental units on a valuable 50x90 R2-zoned lot. The property includes: Four 1-bedroom units in the main house Two 2-bedroom units in a detached accessory dwelling unit (ADU) All six units are currently leased at strong rental rates, providing immediate cash flow. Detailed financials are available upon request. This is a unique opportunity to: Renovate and reposition the property as a high-yield short-term rental portfolio, capitalizing on Wrightsville Beach's thriving vacation market Or, for developers, redevelop the lot into a luxury duplex with potential ocean views to the east over Crystal Pier and west-facing views of Banks Channel Short-term rental projections available from MiraMar Vacation Rentals upon request. Opportunities of this scale and flexibility are seldom available in Wrightsville Beach—don't miss your chance to invest in one of North Carolina's most desirable beach communities.

Details

Maps

Contract Info

Status: Closed

Delayed Marketing?: No

Marketing Start Date: 2025-06-03

Sub-Type: Quadruplex

Listing Price: 2060000

Current Price: $1,875,000

List Price/SqFt: 559.48

Stipulation of Sale: Standard

Location Information

Street #: 12

Street Name: Nathan

Street Suffix: Street

County: New Hanover

State/Province: NC

Zip Code: 28480

City Limits: Yes

Marketing City: Wrightsville Beach

Subdivision: Not In Subdivision

Secondary Subdivision: N/A

Geo Lat: 34.194062

Geo Lon: -77.806397

Remarks and Showing

Directions to Property: Over Wrightsville Beach drawbridge, stay right at fork into Causeway Drive, cross over Banks Channel Bridge, right onto Waynick, and left on Nathan Street - house is on the right

Sign on Property: No

Building Info

New Construction: No

Property ExteriorInterior Info

# Bedrooms: 8

SqFt - Heated (Primary): 3682

Legal and Taxes

Tax Assessed Value: 113700

Deed Book: 6396

Deed Page: 295

Legal: LOT 17 MRS E I BEAR DIV

Broker Owner: No

PID: R06319-004-010-000

Tax Identifier: R06319-004-010-000

Special Assessments: none

Tax Year: 2025

Year Built: 1941

Zoning: R2

Cobra Zone: No

Elementary School: Wrightsville Beach

Middle School: Noble

High School: Hoggard

Status Change Info

Under Contract Date: 2026-03-09

Sold Price: $1,875,000

Sold Date: 2026-05-21

Property Features

View Type: Ocean; Sound View

Construction: Block

Exterior Finish: Asbestos; Block

Fencing: None

Foundation: Block

Fuel Tank: Propane Above Ground

Fuel Tank Ownership: Leased

Parking Features: Aggregate; Gravel

Patio and Porch Features: Deck; Porch

Roof: Architectural Shingle

Levels: Two

Lot Water Features: None

Cooling: Wall/Window Unit(s)

Heating: Forced Air

Heating System Fuel Source: Propane

Interior Features: Ceiling Fan(s)

Listing Office: Cadence Realty Corporation

Last Updated: May - 21 - 2026

12 Nathan Street, Wrightsville Beach, NC 28480 - MLS# 100513730

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