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Historic Duplex with Pool
For Sale
$848,900

310 N 5th Avenue, Wilmington, NC 28401

Separate unit metering, a detached garage, and fenced outdoor areas add practical flexibility to this downtown property.

Property Size3,194 SF
Price / SF$265.78
Days on Market23

Property Features for 310 N 5th Avenue

General Information

Standard status Active
Size 3,194 SF
Total Parking Spaces 1
Property subtype Multi Family Home
Zoning HD-R

Additional Details

Utilities to Site Yes
Individually Metered Utilities unspecified utilities
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,194

Amenities

pool
fenced front and backyard
private outdoor space
screened deck
detached garage
High Ceilings
Ceiling Fan(s)

Building Details

Building Size 3,194 SF
Year Built 1888
Stories 2
Units 2
Listing Agency: RE/MAX Executive
Listed By: Jennifer Bullock Team
Source: Gibbseliterealty
Added: Oct 2 Changed: Oct 23 Last Checked: Oct 23 at 4:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Executive

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Investment Insights

Based on property information with market context.

Built in 1888, this 3,194-square-foot duplex is in Wilmington’s Historic District and has a layout that could be returned to three units, subject to required approvals. The upstairs apartment has one bedroom and one bathroom and is tenant-occupied. Each unit is separately metered. Original hardwood lies beneath portions of the existing carpet and luxury vinyl plank flooring.

Outdoor features include a pool, screened deck, and fenced front and rear yards. Off-street parking accommodates up to six vehicles. A detached garage has additional upstairs space that may suit uses such as an office or studio; any conversion would require applicable approvals. The property is zoned HD-R and is a short distance from downtown Wilmington restaurants, shops, the riverfront, and Live Oak Bank Pavilion.

Key Highlights

  • 3,194 square feet; built in 1888
  • Currently configured as a duplex, with potential to restore a third unit subject to zoning, permitting, and approvals
  • Upstairs apartment has 1 bedroom and 1 bathroom and is tenant‑occupied

Property Analytics

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Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

120
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate unit metering, a detached garage, and fenced outdoor areas add practical flexibility to this downtown property.
Where is this duplex located?
The property is located at 310 N 5th Avenue Wilmington, NC.
What is the asking price?
The asking price for this property is $848,900.
What are key features of this property?
This property features: 3,194 square feet; built in 1888; Currently configured as a duplex, with potential to restore a third unit subject to zoning, permitting, and approvals; Upstairs apartment has 1 bedroom and 1 bathroom and is tenant‑occupied
More about this property
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