516 S 9th St Wilmington, NC 28401
Old Wilmington NeighborhoodEstimated payment $2,044/month
Highlights
- No HOA
- Carpet
- 1-Story Property
- Cooling Available
About This Home
Amazing investment opportunity on this home with income potential for years. This home has recently had up to $30,000 worth of updates that have brought it up to today’s market standards. Step inside to discover modern finishes, refreshed interiors, and thoughtful upgrades that enhance comfort and appeal to long-term tenants. With strong rental demand in the area, this property offers consistent cash flow and room for appreciation. Whether you’re expanding your portfolio or entering the market for the first time, this turnkey home stands ready to perform. Don’t miss the chance to secure a property that blends immediate income with lasting value.
Listing Agent
IRONWOOD REALTY POWERED BY REAL BROKER LL
REAL BROKER LLC License #. Listed on: 11/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,444
Year Built
- Built in 1923
Interior Spaces
- 906 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- New Hanover County Schools Middle School
- New Hanover County Schools High School
Utilities
- Cooling Available
Community Details
- No Home Owners Association
- Wilmington R Subdivision
Listing and Financial Details
- Assessor Parcel Number R05406-021-001-000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,444 | $245,300 | $76,000 | $169,300 |
| 2024 | $1,250 | $143,700 | $63,700 | $80,000 |
| 2023 | $1,250 | $143,700 | $63,700 | $80,000 |
| 2022 | $1,221 | $143,700 | $63,700 | $80,000 |
| 2021 | $1,230 | $143,700 | $63,700 | $80,000 |
| 2020 | $598 | $56,800 | $50,600 | $6,200 |
| 2019 | $598 | $80,200 | $50,600 | $29,600 |
| 2018 | $845 | $80,200 | $50,600 | $29,600 |
| 2017 | $845 | $80,200 | $50,600 | $29,600 |
| 2016 | $935 | $84,400 | $67,400 | $17,000 |
| 2015 | $894 | $84,400 | $67,400 | $17,000 |
| 2014 | -- | $84,400 | $67,400 | $17,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2025 11/08/25 | Pending | -- | -- | -- |
| 11/01/2025 11/01/25 | For Sale | $365,000 | -- | $403 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $270,000 | None Listed On Document | |
| Special Warranty Deed | $84,500 | None Available | |
| Warranty Deed | $40,000 | None Available | |
| Deed | -- | -- | |
| Deed | $6,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | New Conventional | |
| Previous Owner | $250,000 | New Conventional | |
| Previous Owner | $243,695 | Construction | |
| Previous Owner | $290,000 | Commercial | |
| Previous Owner | $32,000 | New Conventional |
Source: Longleaf Pine REALTORS®
MLS Number: 753323
APN: R05406-021-001-000
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