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416 N 5th Avenue, Wilmington, NC 28401

Local realty services provided by:CENTURY 21 Triangle Group
416 N 5th Avenue,Wilmington, NC 28401
$792,500
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: benjamin t eisenberg
Office: re/max essential
MLS#:100526670
Source:NC_CCAR

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Price summary

  • Price:$792,500

About this home

This fully rebuilt downtown residence captures the timeless character of Wilmington's historic district while offering modern finishes and flexible living arrangements. Constructed to historical guidelines and approved by Wilmington's Historical Society, the home blends curb appeal with durability and style — making it truly plaque-worthy. Currently configured as two residences, the property offers both lifestyle and income potential. The first-floor unit is already operating as a short-term rental, while the upper level is leased to a long-term tenant for consistent cash flow. If both units were converted to short-term rentals, projected income is estimated at $80,000-$90,000 annually — making this an exceptional opportunity for investors. The home can also serve as a multi-generational retreat or easily be converted into a single-family residence by reopening the original interior doorway. Inside, each residence is thoughtfully finished with quartz countertops, stainless steel

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Home facts

  • Year built:1920
  • Listing ID #:100526670
  • Added:180 day(s) ago
  • Updated:December 17, 2025 at 08:57 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Electric, Forced Air, Heat Pump, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:1920

Schools

  • High school:New Hanover
  • Middle school:Williston
  • Elementary school:Snipes

Finances and disclosures

  • Price:$792,500
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