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    118 S 4Th St Wilmington, NC 28401

    For Sale
    $1,795,000

    MULTI_FAMILY - Wilmington, NC

    Property size:
    4,761 SF
    Lot size:
    0.24 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 118 S 4Th St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    HD-R
    APN
    R05405-003-004-000
    Parking features
    Off Street
    Size
    4,761 SF
    Lot size
    0.24 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Electric (Heating), Natural Gas, Heat Pump (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1890
    Number of units
    1
    Flooring type
    Wood, Tile
    Building materials
    Wood Siding
    Roof type
    Slate, Shingle

    Intracoastal Realty Corp (800) 533-1840

    Listing agent Jeffrey G Hovis (910) 256-4503 License #234605

    Listing date Nov 26, 2025

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Wilmington Residence

    Located in the heart of Downtown Wilmington's Historic District, this historic residence was originally constructed in 1890. The 4,761 sq ft property has been renovated, transforming a former Bed & Breakfast into a stylish retreat while preserving the unique architectural character of the home. The property features three levels of living space. The main level features a foyer, formal living and dining rooms, a fully equipped kitchen, and a primary master suite. The second level offers three ensuite bedrooms. The third level includes two additional private ensuites. A private accessory unit with separate access expands the potential for additional accommodations. This property comes with a four-room Bed & Breakfast permit. The sale includes all furnishings. Additional highlights include lofty ceilings, intricate crown molding, and original large-scale windows. Custom-designed closets are in each room. Beautifully landscaped gardens provide a tranquil oasis. Every room is uniquely designed and meticulously appointed. Located steps from downtown Wilmington's restaurants, galleries, theaters, and boutiques, this home offers history, luxury, and location. The lot size is 0.24 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DREAMERS by DW Bed & Breakfast

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hoge-Wood House Bed & Breakfast, Rosehill Inn Bed & Breakfast, The French House, The Inn at City Club, Nacho Mama's - Serious Hospitality

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.944752
    Latitude
    34.23361

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    FAQs

    What type of property is this?
    Bed & breakfast - Historic 4,761 sq ft residence in downtown Wilmington.
    Where is this bed & breakfast located?
    The property is located at 118 S 4Th St Wilmington, NC.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: - Prime Downtown Wilmington Historic District location, steps from restaurants, galleries, and theaters.; - Turnkey property with included furnishings, ready for immediate occupancy or business operation.; - Rare four-room Bed & Breakfast permit offering income potential or flexible living arrangements.
    (910) 256-4503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 S 4Th St Wilmington, NC 28401
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