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    Downtown Duplex With Two Units Title is generated by Realmo AI

    509 Walnut Street, Wilmington, NC 28401

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    Claim this Listing
    For Sale
    $337,000

    MULTI_FAMILY - Wilmington, NC

    Property size:
    1,792 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $188/SF
    Added:
    Apr 5, 2026
    Days on Market:
    93
    Last Refresh:
    Jul 6 at 6:06 pm

    Property Features for 509 Walnut Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    HD-R
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4
    Parking features
    On Street
    Patio and Porch features
    Porch
    Interior features
    Ceiling Fan(s)
    Appliances
    Electric Oven, Refrigerator
    Standard status
    Active
    APN
    R04813-034-018-000
    Size
    1,792 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Wm 5 Wilmington Blk 222
    Tax Annual Amount
    1920

    Utilities

    Heating system
    Electric (Heating), Baseboard
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Lvt/lvp
    Building materials
    Aluminum Siding, Wood Frame
    Roof type
    Shingle

    We can help!

    Contact an agent
    Jeffrey G Hovis
    Jeffrey G Hovis

    Listing agent Jeffrey G Hovis License #234605

    Listing office Intracoastal Realty Corporation 1900 Eastwood Road, Suite 38, Wilmington, NC

    Listing date Apr 5, 2026

    MLS# 100565058 Listing URL

    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.

    HighLights

    • Duplex in Downtown Wilmington, NC with two separate units
    • Unit mix: one unit has 3 bedrooms and 1.5 bathrooms; the other has 2 bedrooms and 1 bathroom
    • Built in 1920 with aluminum siding and wood‑frame construction
    • Electric heating with baseboard heat and wall/window A/C units for cooling
    • Interior features include ceiling fans; flooring includes LVP/LVT and tile
    • Kitchen appliances include an electric oven and refrigerator; porch and on‑street parking

    Overview

    This for-sale duplex provides two separate residential units under one property configuration. One unit includes three bedrooms and 1.5 bathrooms, while the second unit features two bedrooms and one bathroom. With a total property size of 1,792 square feet on a 0.07-acre lot, the offering is suited to buyers looking for an income-producing setup or a live-in option.

    The property is located at 509 Walnut Street in Downtown Wilmington, New Hanover County, North Carolina (28401). The zoning is listed as HD-R.

    For tenant-occupied or owner-occupied strategies, the unit mix supports household flexibility, with different bedroom counts across the duplex. Buyers seeking a straightforward duplex layout may find this arrangement useful for maintaining occupancy across both sides or for occupying one unit while renting the other. Please note that additional details such as condition, updates, and operating history are not provided in the available remarks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Garden Center HVAC Service Home Appliance Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Florist Cosmetic Store (Bike/Boat/Book/etc) Store Supermarket Car Rental Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.943293
    Latitude
    34.240556

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex offers 3BR/1.5BA plus 2BR/1BA layouts for rental income or flexible owner occupancy.
    Where is this duplex located?
    The property is located at 509 Walnut Street Wilmington, NC.
    What is the asking price?
    The asking price for this property is $337,000.
    What are key features of this property?
    This property features: Duplex in Downtown Wilmington, NC with two separate units; Unit mix: one unit has 3 bedrooms and 1.5 bathrooms; the other has 2 bedrooms and 1 bathroom; Built in 1920 with aluminum siding and wood‑frame construction
    More about this property
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