422 S 5th Ave Unit 1 & 2, Wilmington, NC 28401

$486,000
4
BD
2
BA

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Sold Price
$486,000
List Price
$495,000
Status
CLOSED
MLS#
100490546
Closing Date
Mar 31, 2025
Days on Market
4
Year Built
1903
Levels
Two
Bedrooms
4
Bathrooms
2
Acres
0.06
Neighborhood
Historic District

Property Description

Discover the charm and income potential of this beautifully converted historic duplex at 422 S 5th Ave. Featuring two spacious 2-bedroom, 1-bath units—one upstairs and one downstairs—this property is a fantastic investment opportunity. Currently used as a long-term rental, both units have tenants in place. Enter through the shared foyer, where a joint stairwell leads to the second-floor unit, while the main floor unit is easily accessible. Each unit boasts a full kitchen with updated appliances, in-unit laundry, and timeless historic details throughout. Enjoy the inviting shared front porch, perfect for relaxing in the heart of downtown Wilmington. Conveniently located within walking distance to shops, restaurants, and the scenic Riverwalk. Don't miss this chance to own a piece of Wilmington's history with built-in rental income!

Additional Information

Appliances
Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
Interior Features
Master Downstairs, High Ceilings, Second Kitchen, Ceiling Fans, Drapes/Blinds
Cooling
Central Air
Heating
Natural Gas, Forced Air, Natural Gas
Foundation
Crawl Space
Roof
Architectural
Utilities
Natural Gas Available, Sewer Connected, Water Available
Elementary School
Snipes
Middle School
Williston
High School
New Hanover

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Intracoastal Realty Corporation. Selling Office: Keller Williams Innovate-Wilmington.

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