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Duplex with Off-Street Parking
For Sale
$859,000

808 N 5th Avenue, Wilmington, NC 28401

MULTI_FAMILY - Wilmington, NC

Property Size2,455 SF
Lot Size0.12 Acres
Price / SF$349.90
Days on Market490

Property Features for 808 N 5th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning r-3
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bathroom 6, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 4, Bathroom 3, Bedroom 3
Parking features Off Street
Security features Security Lighting
Patio and Porch features Deck, Porch
Interior features Master Downstairs, High Ceilings, Ceiling Fan(s), Pantry
Subdivision Not In Subdivision
Elementary school Snipes
Middle school Williston
High school New Hanover
Directions 3rd St to Brunswick St then Left on N 5th Ave
Standard status Active
APN R04813-003-005-000
Size 2,455 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pt Lot 4 Blk 280 Wilm
Legal Description Pt Lot 4 Blk 280 Wilm

Utilities

Heating system Forced Air, Electric (Heating), Heat Pump (Heating)
Cooling system Heat Pump, Central Air

Amenities

porch
walk-in closets
full laundry room

Building Details

Year built 2002
Floors in Building 2
Number of units 2
Flooring type Lvt/lvp, Wood
Building materials Vinyl Siding, Wood Frame
Roof type Shingle
Listing Agency: Homes For Sale in Wilmington
Listed By: Mike Lardieri · License #223101
Added: Apr 3, 2025 Changed: Aug 5 Last Checked: Aug 5 at 10:06AM
MLS# 100564082

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex property offers two units designed as a true modern two-unit building, built in 2002. Each unit features three bedrooms and two bathrooms, plus interior amenities including a master downstairs, high ceilings, a pantry, and ceiling fans. The flooring includes LVT/LVP and wood, and each unit includes a full laundry room. HVAC includes heat pump heating with electric and forced air, along with central air and a heat pump for cooling. Outside, the property includes off-street parking and both a porch and deck.

Zoned R-3, the home is located in Wilmington, NC (New Hanover County). The seller highlights a walkable setting near downtown attractions and amenities.

Recent updates referenced include a newly completed kitchen and refreshed finishes at the property, with Unit 1 described as furnished and ready for short-term use. The combination of two similarly sized units and parking supports multiple living or leasing arrangements.

Key Highlights

  • Duplex built in 2002 with two units
  • Each unit has 3 bedrooms and 2 bathrooms
  • Off‑street parking plus porch and deck

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Auto Parts Store HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,536
Businesses Nearby

Demographics for 28401, NC

22,204
Population
13,017
Households
1.7
Avg Household Size
41
Median Age
34%
College-Educated
88%
High-School Grad
31.0 sq mi
ZIP Area
716
Density / Sq Mi
$52,159
Median Household Income
$35,739
Median Earnings
$1,183
Median Rent
$263,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex in Wilmington zoned R-3 with off-street parking, a porch and deck, and three-bedroom layouts in both units.
Where is this duplex located?
The property is located at 808 N 5th Avenue Wilmington, NC.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Duplex built in 2002 with two units; Each unit has 3 bedrooms and 2 bathrooms; Off‑street parking plus porch and deck
More about this property
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