, Wilmington, NC 28401 (MLS# 100610183)

Wilmington, NC 28401

$848,900

Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 3,194 Lot Size (sq. ft.): 7,536 Status: Active

Current Price: $848,900 List Date: 10/14/2026 Last Modified: 10/27/2026

Overview

Description

Historic Downtown Wilmington character, incredible versatility, and income-producing potential come together at 310 N 5th Avenue. Located in Wilmington's Historic District and just blocks from the restaurants, shops, entertainment, and vibrant riverfront that make downtown living so desirable, this one-of-a-kind property offers approximately 3,194 square feet of living space and a layout that lends itself beautifully to multigenerational living, an owner-occupant seeking rental income, or a unique investment opportunity. Rich with the charm and character you expect from a historic home, the property offers multiple living spaces and an exceptionally flexible floor plan with room to make it your own. Previously configured as a triplex before being converted to a duplex, the home's existing layout offers the potential to be easily converted back to a triplex, subject to applicable zoning, permitting, and approvals--creating even more possibilities for someone looking to maximize the prop ... (Read more) Historic Downtown Wilmington character, incredible versatility, and income-producing potential come together at 310 N 5th Avenue. Located in Wilmington's Historic District and just blocks from the restaurants, shops, entertainment, and vibrant riverfront that make downtown living so desirable, this one-of-a-kind property offers approximately 3,194 square feet of living space and a layout that lends itself beautifully to multigenerational living, an owner-occupant seeking rental income, or a unique investment opportunity. Rich with the charm and character you expect from a historic home, the property offers multiple living spaces and an exceptionally flexible floor plan with room to make it your own. Previously configured as a triplex before being converted to a duplex, the home's existing layout offers the potential to be easily converted back to a triplex, subject to applicable zoning, permitting, and approvals--creating even more possibilities for someone looking to maximize the property's income potential. One portion of the home is currently configured as a private one-bedroom, one-bath upstairs apartment with a tenant in place paying $1,600 per month, providing immediate rental income from day one. Outside, the property becomes its own private downtown retreat with a pool, fenced front and backyard, private outdoor space, and screened deck. Adding even more value is off-street parking for up to six vehicles--an exceptional and increasingly rare feature in Historic Downtown Wilmington, where dedicated parking can be difficult to find. Whether accommodating residents, tenants, or guests, the abundance of private parking sets this property apart from many downtown homes and investment properties. A detached garage provides even more possibilities, with additional space upstairs ideal for a home office, studio, hobby space, or potential future conversion, subject to applicable approvals. Whether you're looking for a distinctive historic residence, a multigenerational property, an owner-occupied home with built-in rental income, or an investment with the potential for multiple income-producing units, 310 N 5th Avenue offers a level of flexibility that's hard to replicate--all within a short distance of Historic Downtown Wilmington's restaurants, shops, riverfront, and Live Oak Bank Pavilion. Additional highlights include original hardwood flooring beneath the existing carpet and luxury vinyl plank flooring, offering an exciting opportunity to uncover and restore the home's timeless character and charm. The property is also separately metered for each unit, providing added convenience and flexibility.

Open Houses

Tomorrow, 11:00 am - 2:00 pm

Listing Details MLS# 100610183

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2026-10-02
Sub-Type: Duplex
Listing Price: 848900
List Price/SqFt: 265.78
Stipulation of Sale: Standard

Location Information

County: New Hanover
State/Province: NC
Zip Code: 28401
City Limits: Yes
Marketing City: Wilmington
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: West on Market Street toward River and Downtown, Right on N 5th Street, Go through three traffic lights, House is on the right
Sign on Property: Yes

Building Info

New Construction: No

Property ExteriorInterior Info

# Bedrooms: 6
SqFt - Heated (Primary): 3194

Legal and Taxes

Tax Assessed Value: 542900
Deed Book: 9903
Deed Page: 3123
Legal: PT LT5 3/4 BLK 208 WILM
Broker Owner: No
PID: R04817-004-004-000
Tax Identifier: R04817-004-004-000
Total Real Estate Property Taxes: 3194.97
Special Assessments: N/A
Tax Year: 2025
Year Built: 1888
Zoning: HD-R
Cobra Zone: No
Elementary School: Snipes
Middle School: Williston
High School: New Hanover

More Information

Entry Level Information

Entry Level: Yes

Property Features

Frontage Type: See Remarks View Type: See Remarks Construction: Wood Frame Exterior Finish: Vinyl Siding Fencing: Back Yard; Front Yard Foundation: Crawl Space Fuel Tank: None Parking Features: On Site Patio and Porch Features: Deck; Porch; Screened Roof: Architectural Shingle Levels: Two Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Natural Gas; Tankless Utilities: Natural Gas Connected; Sewer Connected; Water Connected Water Source: Municipal Water Sewer: Municipal Sewer Fireplace Features: Living Room; Other Interior Features: Ceiling Fan(s); High Ceilings

IDX

Listing Office: RE/MAX Executive

Last Updated: October - 27 - 2026

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