$450,000

Estimated payment $2,538/month

Total Views 8,404
4 Beds
3 Baths
2,030 Sq Ft
$222 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Formal Dining Room
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Fenced Yard

About This Home

Do not miss this 2-for-1 investment opportunity in downtown Wilmington! Located on a quiet street, this spacious 4-bedroom, 3-bathroom home comes with an additional vacant lot for a total of 0.18-acres creating the potential for multiple investments. With your personal touch, this home would make a great primary residence or investment property. The attached vacant lot could serve as a very large backyard space for entertaining or could be the future home to an income producing ADU or second home. Boasting over 2,000 square feet the home provides a large, separate flex space upstairs with a bedroom and bathroom for guests who would like to maintain their privacy. Another standout feature is that the home comes with covered, off street parking that has a 614 square foot storage room above with electricity. The home is also equipped with a natural gas whole home generator. A rare downtown opportunity that offers so much untapped potential! This house + land duo provides ample room to expand, customize, and create income producing investments, all while being just steps away from the vibrant energy of the city. Whether you are a savvy investor looking for your next AirBNB or a first time homebuyer, this property offers immense potential for long term value and creates new development opportunities. This is the extremely rare investment opportunity in downtown Wilmington you have been looking for!Home is located just 5 minutes from Wilmington's infamous Riverwalk and 20 minutes to Wrightsville beach. Just 3 blocks from Robert Strange park, playground, and tennis/pickleball courts.

Listing Agent

McKenzie Taylor

Intracoastal Realty Corp License #332009 Listed on: 09/26/2025

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,121

Year Built

  • Built in 1940

Lot Details

  • 8,059 Sq Ft Lot
  • Fenced Yard
  • Property is zoned R-3

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,030 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Carpet
  • Dishwasher
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Detached Carport Spaces
  • Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Gregory Math/Science Elementary School
  • Williston Middle School
  • New Hanover High School

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Power Generator
  • Whole House Permanent Generator
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R05406-017-013-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,121

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: One and One Half
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Flooring: Carpet
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: Master Downstairs, Walk-In Closet(s), Whole-Home Generator
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 221.67
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Sq Ft Heated: 2030.00
  • Total Heated Primary Separate Sq Ft: 2030.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Covered Area, Storage, See Remarks
  • Fencing: Back Yard, Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Detached Carport Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Concrete, Off Street, Covered

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Generator
  • Cooling System: Central Air
  • Heating System: Gas Pack, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Natural Gas Connected, Water Connected, Sewer Connected
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 570.00
  • Lot Acres: 0.18
  • Lot Sq Ft: 8059.00
  • Zoning: R-3

Tax Info

  • Tax Identifier: R05406-017-013-000
  • Tax Year: 2025
  • Total Real Estate Property Taxes: 2120.95

MLS Schools

  • Elementary School: Gregory Math/Science
  • High School: New Hanover
  • Middle School: Williston
  • School District: New Hanover

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $360,400 $81,500 $278,900
2024 -- $200,000 $44,300 $155,700
2023 -- $200,000 $44,300 $155,700
2022 $0 $200,000 $44,300 $155,700
2021 $1,284 $200,000 $44,300 $155,700
2020 $1,395 $132,400 $27,600 $104,800
2019 $1,395 $132,400 $27,600 $104,800
2018 $0 $132,400 $27,600 $104,800
2017 $1,395 $132,400 $27,600 $104,800
2016 $1,180 $106,500 $25,600 $80,900
2015 $1,128 $106,500 $25,600 $80,900
2014 $1,080 $106,500 $25,600 $80,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 Price Changed $450,000 -9.1% $222 / Sq Ft
10/13/2025 10/13/25 Price Changed $495,000 -3.9% $244 / Sq Ft
09/26/2025 09/26/25 For Sale $515,000 -- $254 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Source: Public Records

Source: Hive MLS

MLS Number: 100532862

Hive MLS

APN: R05406-017-013-000