About this home
INSTANT CASH FLOW OPPORTUNITY! Income-producing property with a unique setup and strong rental history. The house has been split into a 2-bedroom, 1-bath unit and a studio with a single NP bathroom. Since the split, the property has generated over $3,000 per month in rental income. Conveniently located in Wilmington, this property offers an excellent opportunity for investors, house hackers, or buyers looking for multiple income streams from one property. The flexible layout provides the potential for continued rental income while offering versatility for future use. Please ask agent to review agent remarks for additional details regarding the property and rental setup.
Facts
- Type
- Single Family Residence
- Year built
- 1951
- Lot
- 0.27 acres
- Garage
- 2 spaces
- Community
- South Wilmington Place
- County
- New Hanover
- MLS #
- 100595407
Features
Inside
- Master Downstairs
- Vaulted Ceiling(s)
- High Ceilings
- LVT/LVP
- Laminate
Outside
- None
Community
- Cable TV
Parking
- Detached
- Additional Parking
- Off Street
- On Site
Heating & cooling
- Electric
- Heat Pump
- Central Air
Schools
- Elementary
- Sunset
- Middle
- Williston
- High
- New Hanover
As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.
Monthly payment estimate
$1,754/mo
Partial estimate: doesn't include mortgage insurance (usually required with under 20% down), or homeowners insurance.
- Principal & interest (30-yr fixed)$1,632
- Property taxes (2025 bill)$122
- Mortgage insurance (under 20% down)Not included
If rates move: at 7.78% this payment is about $82 more a month; at 6.78% about $80 less.
Estimate only. Rate is the national 30-year average (7.28% as of Oct 1, 2026, Freddie Mac); your rate depends on your lender. Homeowners and flood insurance aren't included — on the coast they vary a lot by house, so get a quote early.
Recent sales like this nearby
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 510 Holbrooke Avenue Lot 5 And 6, Wilmington | Apr 28, 2026 | 2 / 1 | 940 | $325,000 | $346 |
| 314 Bland Street, Wilmington | Sep 10, 2026 | 3 / 1 | 1,028 | $135,000 | $131 |
| 2240 W Lake Shore Drive, Wilmington | Jun 16, 2026 | 2 / 1 | 861 | $290,000 | $337 |
| 705 Ivey Circle, Wilmington | Jun 10, 2026 | 2 / 1 | 805 | $319,900 | $397 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Wilmington? Local guides
- Leland vs. Wilmington: What You Get for Your MoneyLeland vs. Wilmington, NC side by side from 12 months of real sales: price per square foot, home size and age, days on market, new construction and HOAs.
- Before You List on the NC Coast: Inspect, Repair or Sell As-Is?What to do before listing a home in Wilmington and the southeastern NC coast: a pre-market inspection, what to fix, credit or disclose, roof/HVAC/insurance questions coastal buyers ask, photos, pricing and offers.
- How Much Are Property Taxes in Wilmington and the NC Coast? (2026-27)County and town property tax rates for New Hanover, Brunswick, Pender, Onslow and Duplin, what they cost on a $400,000 home, the 2027 revaluations to plan for, and tax relief you may qualify for.
Explore the area
About 442 Cape Fear Boulevard
442 Cape Fear Boulevard is a 3-bedroom, 2-bath home of about 850 square feet, built in 1951, on 0.27 acres in South Wilmington Place, Wilmington, New Hanover County, NC 28401.
At $265,000, it's 36% below the median asking price ($413,138) of the 470 other 3-bedroom listings for sale in Wilmington today.
That's about $312 per square foot, compared with a Wilmington median asking price of $263 per square foot.
Across ZIP 28401, 174 3-bedroom homes sold in the past year at a median of $381,000.
It has been on the market for 2 days.
South Wilmington Place neighborhood guideHomes for sale in WilmingtonNew Hanover County homes
Buying 442 Cape Fear Boulevard
- See it in person. Pick a time and we'll call to confirm — often same day.
- Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
- Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works
Own a home near 442 Cape Fear Boulevard? See what it's worth — every online estimate side by side, next to real sales in South Wilmington Place.
What's my home worth? →Questions about 442 Cape Fear Boulevard
How much is 442 Cape Fear Boulevard?
442 Cape Fear Boulevard is listed at $265,000 (about $312 per square foot) as of October 3, 2026. Status: for sale.
How many bedrooms and bathrooms does 442 Cape Fear Boulevard have?
3 bedrooms and 2 bathrooms, with about 850 square feet.
What neighborhood is 442 Cape Fear Boulevard in?
South Wilmington Place, in Wilmington, New Hanover County, North Carolina.
How long has 442 Cape Fear Boulevard been on the market?
2 days.
When was 442 Cape Fear Boulevard built?
1951.
Who is the listing broker for 442 Cape Fear Boulevard?
ERA Live Moore (MLS #100595407). The Buddy Blake Team can show it to you and answer questions.
Can I tour 442 Cape Fear Boulevard?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.