8 S 7th Street, Wilmington, NC 28401
$992,750
Property Type:
Multi-Family
Bedrooms:
6
Baths:
4
Square Footage:
3,396
Lot Size (sq. ft.):
2,439
Status:
Active
Current Price:
$992,750
List Date:
8/19/2025
Last Modified:
12/03/2025
Description
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.
More Information MLS# 100525838
Building/Ext Features
ud_i_08: 2
Contract Info
Delayed Marketing?: No
Sub-Type: Duplex
List Price/SqFt: 292.33
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-08-19
Listing Price: 992750
Current Price: $992,750
Location Information
City Limits: No
Marketing City: Wilmington
Street #: 8
Pre Direction: S
Street Name: 7th
Street Suffix: Street
County: New Hanover
State/Province: NC
Zip Code: 28401
Subdivision: Historic District
Geo Lat: 34.23552
Geo Lon: -77.940825
Remarks and Showing
Sign on Property: Yes
Directions to Property: from Downtown take Market Street east, turn right on S 7th Street and building in on the right.
Building Info
New Construction: No
Property Exterior/Interior Info
Lot Acres: 0.06
Lot SqFt: 2439
Lot Dimensions: 42 x 66
Waterfront: No
Waterview: No
Location Type: Mainland
# Baths - Total: 4
# Total Units: 2
Fireplace Y/N: Yes
Stories: 2
Owner Occupied: No
Property Mgmt Company: Yes
Financials Available: No
Legal and Taxes
Tax Assessed Value: 460700
Deed Book: 6430
Deed Page: 208
Legal: Pt Lts 2/3 Blk 157
Broker Owner: No
PID: R04817038012000
Tax Identifier: R04817-038-012-000
Plat Book: 0
Plat Page: 0
Total Real Estate Property Taxes: 2711.23
Special Assessments: none
Tax Year: 2025
Zoning: HD
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: No
Elementary School: Snipes
Middle School: Williston
High School: New Hanover
Year Built: 1918
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0
Other - See Remarks: Street Parking Only
Parking Features
Street Only: 1
Attic
Floored - Partial: 1
Stairs - Perm: 1
Basement
Unfinished: 1
Construction
Wood Frame: 1
Lot Water Features
None: 1
Current Service Providers
Electric Provider: Duke Progress Energy
Natural Gas Provider: Piedmont Natural Gas Co.
Sewer Provider: Cape Fear Public Utility Authority
Trash Provider: City of Wilmington
Water Provider: Cape Fear Public Utility Authority
Exterior Finish
Wood Siding: 1
Terms
Cash: 1
Conventional: 1
VA Loan: 1
Fencing
None: 1
Foundation
Basement: 1
Flooring
Tile: 1
Wood: 1
Fuel Tank
None: 1
Patio and Porch Features
Covered: 1
Porch: 1
Roof
Metal: 1
Road Type/Frontage
Paved: 1
Public (City/Cty/St): 1
Cooling
Central Air: 1
Heating
Forced Air: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Electricity Available: 1
Natural Gas Available: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Municipal Water: 1
# Meters: 1
Sewer
Municipal Sewer: 1
# Meters: 1
Electric
# Meters: 2
Appliances/Equip
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Refrigerator: 1
Washer: 1
Furnished
Unfurnished: 1
Interior Features
Ceiling Fan(s): 1
High Ceilings: 1
Laundry Location
Laundry Closet: 1
Dining Room Type
Combination: 1
Side/Unit 1
Total Rooms: 5
# of Bedrooms: 3
Full Baths: 2
Avg SqFt: 1500
Furnished: No
Rent: 2500
Occupied: Yes
Side/Unit 1 Cooling
Central: 1
Side/Unit 1 Heating
Electric: 1
Side/Unit 1 Appliance
Dishwasher: 1
Dryer: 1
Refrigerator: 1
Stove/Oven - Electric: 1
Washer: 1
Side/Unit 1 Features
Extra Storage: 1
Living Room: 1
W/D Hookup: 1
Side/Unit 1 Rent Frequency
Monthly: 1
Side/Unit 1 Owner Pays
Trash Removal: 1
Water/Sewer: 1
Side/Unit 2
Total Rooms: 5
# of Bedrooms: 3
Full Baths: 2
Avg SqFt: 1500
Furnished: No
Rent: 2500
Occupied: No
Side/Unit 2 Cooling
Central: 1
Side/Unit 2 Heating
Electric: 1
Rental Income
Gross Rental Income: 60000
Side/Unit 2 Appliance
Dishwasher: 1
Dryer: 1
Refrigerator: 1
Stove/Oven - Electric: 1
Washer: 1
Side/Unit 2 Features
Extra Storage: 1
Side/Unit 2 Rent Frequency
Annual: 1
Side/Unit 2 Owner Pays
Trash Removal: 1
Water/Sewer: 1
Property ExteriorInterior Info
# Bedrooms: 6
SqFt - Heated (Primary): 3396
Property Features
Attic: Floored - Partial; Stairs - Perm
Basement: Unfinished
Construction: Wood Frame
Exterior Finish: Wood Siding
Fencing: None
Foundation: Basement
Fuel Tank: None
Parking Features: Street Only
Patio and Porch Features: Covered; Porch
Roof: Metal
Lot Water Features: None
Cooling: Central Air
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Electricity Available; Natural Gas Available; Sewer Connected; Water Connected
Water Source: Municipal Water
Sewer: Municipal Sewer
Flooring: Tile; Wood
Furnished: Unfurnished
Interior Features: Ceiling Fan(s); High Ceilings
Laundry Location: Laundry Closet
Dining Room Type: Combination
Terms: Cash; Conventional; VA Loan
Listing Office:
Intracoastal Realty Corp
IDX
Last Updated: December - 03 - 2025
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