New Listing
In-Person: 10/10 10:00 AM - 12:00 PM310 N 5th Avenue,Wilmington, NC 28401
Wilmington, NC 28401
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 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.
Details
| MLS # | 100607822 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1888 |
| Days On Site | 6 |
| Listing Provided By | RE/MAX Executive | Jennifer Bullock Team |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,194 |
| Garage | 1 |
| Pool | Yes |
| Story(s) | 2 |
| Zoning | HD-R |
| Acreage | 0.17 |
| Property View | None |
Interior
| Interior Features | High Ceilings, Ceiling Fan(s) |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Yes / No | Yes |
| Laundry Features | Laundry Room |
| Rooms Total | 12 |
Exterior
| Roof | Architectural Shingle |
|---|---|
| Foundation Details | Crawl Space |
| Lot Features | Front Yard |
| View | None |
| Construction Materials | Vinyl Siding, Wood Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Paved |
Utilities
| Utilities | Natural Gas Connected, Sewer Connected, Water Connected |
|---|
Taxes
| Tax Assessed Value | 542900 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | PT LT5 3/4 BLK 208 WILM |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| School District | New Hanover |
| Elementary School | Snipes |
| High School | New Hanover |
| Listing VS Median (in 28401) | |
Price: $848,900 low | high Med: $365,000 sqft: 3,194 low | high Med: 1,701 $ / sqft: $266 low | high Med: $223 On site: 6 low | high Med: 64.5 | |
Market Activity 28401
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Learn More About This Property
| Open House |
|---|
| In-Person 10/10 10:00 AM - 12:00 PM |
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| School District | New Hanover |
| Elementary School | Snipes |
| High School | New Hanover |
| Listing VS Median (in 28401) | |
Price: $848,900 low | high Med: $365,000 sqft: 3,194 low | high Med: 1,701 $ / sqft: $266 low | high Med: $223 On site: 6 low | high Med: 64.5 | |
Jim Blair | (908) 872-8489 | 295913
Wilmington - 110 Dungannon Blvd., Suite 100, Wilmington, NC 28403
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