Estimated payment $5,518/month
Highlights
- Tile Flooring
- Combination Dining and Living Room
- Heating Available
- Roland-Grise Middle School Rated A-
- Ceiling Fan
- 1-Story Property
About This Home
Unique Opportunity in Midtown Wilmington. Discover a rare commercial mixed-use property located in the heart of Midtown Wilmington. This offering includes two buildings totaling approximately 3,900 square feet(3579 SF Heated and 347 SF enclosed), ideally situated on nearly half an acre along the high-visibility Oleander Drive corridor. There is a store front, design studio and a one-bedroom apartment. Positioned within the RO (Residential Office) zoning district, the property allows for a wide range of both residential and commercial uses—making it perfect for entrepreneurs, investors, or those seeking a live/work environment. The buildings have recently undergone a comprehensive renovation, featuring a flexible floor plan that can easily adapt to various business or residential needs. The layout and improvements provide excellent potential for office space, a small professional practice, creative studio, or a combination of uses. Currently owner-occupied, this property offers a unique opportunity for owner-users or as a turnkey investment in one of Wilmington's most central and accessible locations.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Home Design
- Brick Exterior Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Furnished or left unfurnished upon request
- Ceiling Fan
- Combination Dining and Living Room
- Washer and Dryer Hookup
Flooring
- Tile
- Vinyl
Schools
- Winter Park Elementary School
- Hoggard High School
Utilities
- Heating Available
- Propane
- Electric Water Heater
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 | $4,599 | $781,400 | $129,300 | $652,100 |
| 2024 | $4,675 | $537,400 | $96,600 | $440,800 |
| 2023 | $4,675 | $537,400 | $96,600 | $440,800 |
| 2022 | $4,568 | $537,400 | $96,600 | $440,800 |
| 2021 | $4,599 | $537,400 | $96,600 | $440,800 |
| 2020 | $3,478 | $330,200 | $36,000 | $294,200 |
| 2019 | $3,478 | $330,200 | $36,000 | $294,200 |
| 2018 | $3,478 | $330,200 | $36,000 | $294,200 |
| 2017 | $3,478 | $330,200 | $36,000 | $294,200 |
| 2016 | $3,818 | $344,600 | $36,000 | $308,600 |
| 2015 | $2,883 | $272,200 | $36,000 | $236,200 |
| 2014 | $2,760 | $272,200 | $36,000 | $236,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2025 06/29/25 | For Sale | $979,000 | -- | $274 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $230,000 | None Available | |
| Deed | $118,000 | -- | |
| Deed | $112,000 | -- | |
| Deed | -- | -- | |
| Deed | $114,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $185,000 | Purchase Money Mortgage |
Source: Hive MLS
MLS Number: 100516487
APN: R06108-009-001-000
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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. ©2025 Hive MLS LLC
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