12 Nathan Street, Wrightsville Beach, NC 28480 (MLS# 100513730)

12 Nathan Street, Wrightsville Beach, NC 28480

$1,875,000

Property Type: Multi-Family Bedrooms: 8 Baths: 6 Square Footage: 3,682 Lot Size (sq. ft.): 4,792 Status: Closed

Current Price: $1,875,000 List Date: 1/01/2026 Last Modified: 5/21/2026

Overview

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 ... (Read more)

Listing Details MLS# 100513730

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2025-06-03
Sub-Type: Quadruplex
Listing Price: 2060000
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

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

More Information

Status Change Info

Under Contract Date: 2026-03-09
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)

IDX

Listing Office: Cadence Realty Corporation

Last Updated: May - 21 - 2026

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.