$992,750

Estimated payment $5,365/month

Total Views 8,535
6 Beds
4 Baths
3,396 Sq Ft
$292 Price per Sq Ft

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Heating Available
  • Combination Dining and Living Room
  • Wood Siding

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.

Listing Agent

Jeff Hovis

Intracoastal Realty Corp License #234605 Listed on: 08/19/2025

Intracoastal Realty Corp

Co-Listing Agent

Sky Grainger

Intracoastal Realty Corp License #327151

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Combination Dining and Living Room

Flooring

  • Wood
  • Tile

Schools

  • Snipes Elementary School
  • New Hanover High School

Utilities

  • Heating Available
  • Electric Water Heater

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Basement: Unfinished
  • Deed Book: 6430
  • Deed Page: 208.00
  • Elementary School: Snipes
  • Fencing: None
  • High School: New Hanover
  • Listing I D: 100525838
  • Marketing City: Wilmington
  • Stories: 2
  • Tax Year: 2025
  • Water Heater: Electric
  • Year Built: 1918
  • Zoning: HD
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.06
  • Lot Size: 42 x 66
  • Lot Size Sq Ft: 2439.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Park Manager Name: Yes
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Appliances: Electric Oven, Washer, Refrigerator, Dryer, Dishwasher
  • Annual Gross Income: 60000.00
  • Has H O A?: No
  • Co List Office Mls Id: 579500121
  • Co List Office Phone: 910-256-4503
  • Listing Agent Email: jhovis@intracoastalrealty.com
  • Co List Office Mls Id: 579500121
  • List Office Name: Intracoastal Realty Corp
  • List Office Phone: 910-256-4503
  • Special Conditions: Standard
  • Major Change: 2025-08-19
  • Major Change: New Listing
  • Modification Timestamp: 2025-12-03
  • Status Change: 2025-08-19
  • List A O R: Cape Fear Realtors MLS, Inc.
  • Listing Contract: Exclusive Right To Sell
  • M L S: Full Service
  • Sign: Yes
  • Unbranded Virtual Tour: https://sites.uniquemediadesign.com/8south7thstreet28401?mls
  • Doc Change: 2025-08-19
  • Doc Count: 5
  • Photos Change Timestamp: 2025-12-05
  • M L S Status: Active
  • Orig Sys Key: 20250808134100045374000000
  • Original List Price: 992750.00
  • Original List Price: 992750.00
  • Private Office Remarks: See agent comments.
  • Standard Status: Active
  • Subdivision Name: Historic District
  • Directions: from Downtown take Market Street east, turn right on S 7th Street and building in on the right.
  • Middle Or Junior School: Williston
  • Building Area Total: 3396
  • Construction Type: Wood Siding
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Foundation Details: Basement
  • Unit Levels: Two, 2nd Floor
  • Is New Construction?: No
  • Patio And Porch Features: Covered, Porch
  • Room Types: Dining Area
  • Parcel#: R04817-038-012-000
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Map Number: R04817038012000
  • @id: https://api.sourceredb.com/odata/Property('d90ee9071b5268ef94d92e1e62232817')
  • @etag: W/"YmluYXJ5J0FBQUFBQS94TlNNPSc="
  • Sewer Provider: Municipal Sewer, Cape Fear Public Utility Authority
  • Sold Exclusive Y N: No
  • V O W Entire Listing Display Y N: Yes
  • Current Price: 992750.00
  • Current Price Public: 992750.00
  • Island Or Mainland: Mainland
  • Seller Reputation: Has owned the property for at least one year
  • Office Exclusive Y N: No
  • Delayed Marketing Y N: No
  • E M D Trust Account Y N: No
  • Prospect Exempt Y N: No
  • In City Limits Y N: No
  • Broker Owner Y N: No
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: No
  • Electric Provider: Duke Progress Energy
  • Natural Gas Provider: Piedmont Natural Gas Co.
  • Trash Provider: City of Wilmington
  • Water Provider: Cape Fear Public Utility Authority
  • Remarks Written By Agent Y N: Yes
  • Owner Occupied Y N: No
  • Financials Available Y N: No
  • Photos Taken By Agent Y N: Yes
  • Tax Other Assessment Amount Frequency: none
  • Original On Market Timestamp: 2025-08-19T19:01:21Z
  • On Market Contract Date: 2025-08-19
  • Virtual Tours Count: 1
  • Unparsed First Line Address: 8 S 7th Street
  • List Price Per Sqft: 292.33
  • V O W Address Display Y N: Yes
  • V O W Automated Valuation Display Y N: Yes
  • V O W Consumer Comment Y N: Yes
  • A P I Modification Timestamp: 2025-12-11T22:16:59.533Z
  • Tax Amount: 2711.23
  • Permitted Use: Public
  • Special Features: VirtualTour

Interior Features

  • Dining Room Type: Combination
  • Flooring: Tile, Wood
  • Interior Amenities: High Ceilings, Ceiling Fan(s)
  • Laundry Location: Laundry Closet
  • Furnished: Unfurnished
  • Laundry Features: Laundry Closet
  • Total Bedrooms: 6
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 4.00
  • Attic Features: Floored - Partial, Permanent Stairs

Exterior Features

  • Exterior Finish: Wood Siding
  • Roof: Metal
  • Waterfront Features: None
  • Waterfront?: No

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: On Street

Utilities

  • Utilities: Natural Gas Available, Electricity Available, Sewer Connected, Water Connected
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Heating: Electric, Forced Air
  • Heating Yn: Yes

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $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
Source: Public Records

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
Source: Hive MLS

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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Hive MLS

MLS Number: 100525838

Hive MLS

APN: R04817-038-012-000