- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
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Street View
$279,500
Monthly Est:$1,391
3 Beds
3 Baths3 full baths
1,274sqft
993 Downey Branch Ln, Wilmington, NC 28403
$279,500
$1,391/moEst:
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Townhouse
Built in 2005
$250/mo HOA
0.02 acre lot
$219/sq.ft
Description
Income-producing investment opportunity -- freshly renovated 3-bedroom, 3-full-bath townhouse in the heart of midtown Wilmington, now leased through September 2027. With a private en suite bath for every bedroom, a genuine rarity at this price, this two-story, 1,274-square-foot home lives like a true residence, not a flat apartment box. Tucked minutes from UNCW, a short drive to Wrightsville Beach, and within easy reach of historic downtown Wilmington, and located in one of the area's most sought-after school districts.
Just refreshed throughout: new paint, all-new hardware, new kitchen appliances and countertops, and updated LVP flooring. That en suite-for-every-bedroom layout delivers rare flexibility and strong rental appeal, and with a long-term tenant already in place, this one cash-flows from day one -- no lease-up risk, no vacancy gap. Ideal for an investor looking for turnkey income, or a buyer planning ahead for a future move-in once the lease ends. Enjoy assigned parking directly in front of the unit, plus an HOA that handles all exterior maintenance, including the roof, for genuinely low-maintenance ownership. The HVAC is approximately six years old.
A rare combination of location, layout, and immediate income. Schedule your showing today.
- Houzeo last checked: 0 minutes ago
- Listing updated: October 6, 2026 at 4:05 pm
- Listing Provided by: Christian A Cardamone (910) 262-3399 DRE #238762 | Aloha Wilmington Real Estate (910) 262-3399
- Source: Hive MLS-NC | MLS#: 100584660
Property Details
Status
Active
Type
Townhouse
No. of Stories
2
County
City
Neighborhood
--
Year Built
2005
HOA Fees
$250/mo
Finished Area
1,274 sqft
Lot Size
0.02 acre lot
Basement Area
- sqft
MLS Name
Hive MLS
MLS Number
100584660
MLS Status
Active
Days on Market
131
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Location
HOA Management
Wilshire Townhomes Owners Association
HOA Fees
$3,000/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Common Area
Insurance
Management
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Bedroom 2
Level: Second
Area: Square Feet
Dimensions: 110.00
Living Room
Level: First
Area: Square Feet
Dimensions: 121.00
Master Bedroom
Level: Second
Area: Square Feet
Dimensions: 120.00
Dining Room
Level: First
Area: Square Feet
Dimensions: 55.00
Bedroom 1
Level: Second
Area: Square Feet
Dimensions: 110.00
Kitchen
Level: First
Area: Square Feet
Dimensions: 99.00
Interior
Exterior Features
None
Cooling
Central Air, Heat Pump
Heating
Heat Pump, Electric, Forced Air
Flooring
Lvt/lvp, Tile
Interior Features
None
Construction
Year Built
Year Built: 2005
Home type
Townhouse
Roof
Shingle
Foundation Details
Slab
Construction Materials
Brick Veneer, Wood Frame
Utilities & Energy
Utilities
Sewer Available, Water Available
Association Amenities
Maintenance Common Areas, Management, Master Insure
Basement
None
Water Source
Public
Parking Features
Off Street, On Site, Paved
Other Features
Patio And Porch Features
Patio
Subdivision Name
Wilshire Townhouses
Price History
| Date | Event | Price |
|---|---|---|
08/03/2026 Source: | Listed for Sale | $1,975 -2.47% $2/sqft |
07/23/2026 Source: | Price Increased | $2,025 +2.53% $2/sqft |
07/23/2026 Source: | Off Market | $1,975 -99.29% $2/sqft |
06/26/2026 Source: | Listed for Sale | $279,500 -1.90% $219/sqft |
06/26/2026 Source: | Price Increased | $284,900 +5.56% $224/sqft |
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Based on information from the Hive MLS, through Nov 04, 2026, 11:00PM. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of Nov 04, 2026, 11:00PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Chosen Realty LLC nor Houzeo shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Hive MLS. All Rights Reserved.
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