8 S 7th St Wilmington, NC 28401
Old Wilmington NeighborhoodEstimated payment $5,381/month
Highlights
- Wood Flooring
- No HOA
- Laundry closet
- High Ceiling
- Covered Patio or Porch
- Forced Air Heating and Cooling System
About This Home
This beautifully renovated duplex in Historic Downtown Wilmington offers the perfect blend of character, flexibility, and investment potential. With over $420,000 invested in high-quality renovations, the property is move-in ready and zoned for both residential and commercial use—ideal for investors, business owners, or anyone seeking a dynamic live/work opportunity. The residential layout features three spacious bedrooms and two updated bathrooms, with modern finishes that complement the historic charm of the property. For commercial use, the flexible floor plan allows for private offices, meeting rooms, a break area, and two restrooms—suitable for uses such as professional offices, art galleries, or financial services. This versatile property allows for multiple income-generating options: live in one unit and rent out the other, use both as residential or commercial rentals, or create a hybrid setup to suit your needs. Located just steps from Downtown Wilmington, and within walking distance to the vibrant Soda Pop District and Castle Street Arts District, this property is perfectly positioned for convenience, visibility, and lifestyle. Whether you're looking to invest, run a business, or settle into one of Wilmington's most sought-after neighborhoods, this renovated duplex offers an unmatched opportunity to live, work, and play in the heart of the city.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,711
Year Built
- Built in 1918
Lot Details
- 2,439 Sq Ft Lot
- Lot Dimensions are 42 x 66
- Property fronts a state road
Parking
- On-Street Parking
Home Design
- Duplex
- Metal Roof
- Wood Siding
Interior Spaces
- 6 Bedrooms
- 2-Story Property
- Furnished or left unfurnished upon request
- High Ceiling
- Ceiling Fan
- Combination Dining and Living Room
- Unfinished Basement
Kitchen
- Electric Oven
- Dishwasher
Flooring
- Wood
- Tile
Laundry
- Laundry closet
- Dryer
- Washer
Attic
- Attic Floors
- Permanent Attic Stairs
Outdoor Features
- Covered Patio or Porch
Schools
- Snipes Elementary School
- Williston Middle School
- New Hanover High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R04817-038-012-000
Community Details
Overview
- No Home Owners Association
- 2 Units
- Historic District Subdivision
- Park Manager: Yes
Building Details
- Gross Income $60,000
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 | $2,711 | $460,700 | $93,800 | $366,900 |
| 2024 | $1,752 | $201,400 | $45,800 | $155,600 |
| 2023 | $1,483 | $175,500 | $45,800 | $129,700 |
| 2022 | $1,492 | $175,500 | $45,800 | $129,700 |
| 2021 | $1,502 | $175,500 | $45,800 | $129,700 |
| 2020 | $1,855 | $176,100 | $60,600 | $115,500 |
| 2019 | $1,247 | $176,100 | $60,600 | $115,500 |
| 2018 | $1,855 | $176,100 | $60,600 | $115,500 |
| 2017 | $1,855 | $176,100 | $60,600 | $115,500 |
| 2016 | $2,244 | $202,500 | $60,600 | $141,900 |
| 2015 | $2,144 | $202,500 | $60,600 | $141,900 |
| 2014 | $2,053 | $202,500 | $60,600 | $141,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2025 12/12/25 | Off Market | $992,750 | -- | -- | |
| 12/03/2025 12/03/25 | For Sale | $992,750 | 0.0% | $292 / Sq Ft | |
| 08/19/2025 08/19/25 | For Sale | $992,750 | +175.8% | $292 / Sq Ft | |
| 03/30/2021 03/30/21 | Sold | $360,000 | -4.0% | $106 / Sq Ft | View Prior Sale |
| 01/26/2021 01/26/21 | Pending | -- | -- | -- | |
| 01/18/2021 01/18/21 | For Sale | $375,000 | 0.0% | $110 / Sq Ft | |
| 01/09/2021 01/09/21 | Pending | -- | -- | -- | |
| 01/08/2021 01/08/21 | For Sale | $375,000 | -- | $110 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $265,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | $114,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $288,000 | Future Advance Clause Open End Mortgage |
Source: Hive MLS
MLS Number: 100525838
APN: R04817-038-012-000
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. 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 Homesnap, Inc. 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. ©2026 Hive MLS LLC
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