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Modern Two-Unit Duplex
For Sale
$859,000

808 N 5th Avenue, Wilmington, NC 28401

Residential Income, Wilmington, NC

Property Size2,455 SF
Lot Size0.12 Acres
Price / SF$349.90
Days on Market506

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 5, Bedroom 6, Bathroom 2, Bedroom 2, Bathroom 5, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 4, Bathroom 6, Bedroom 4
Parking features Off Street
Security features Security Lighting
Patio and Porch features Porch, Deck
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 Electric (Heating), Forced Air, Heat Pump (Heating)
Cooling system Heat Pump, Central Air

Amenities

Charleston-Style Porch
full laundry room
big backyard
walk-in closets

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 20 Last Checked: Aug 21 at 9:06PM
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.

Built in 2002, this R-3 duplex contains two separate residences within 2,455 square feet. Each unit offers three bedrooms and two bathrooms, with open-plan living areas, bedroom suites with bathrooms and walk-in closets, full laundry space, and a mix of hardwood and LVP flooring. Recent improvements include a redesigned kitchen with quartz countertops, refreshed bathrooms, updated lighting, refinished hardwood floors, and new appliances. Unit 1 is furnished and ready for occupancy, while Unit 2 has an existing tenant who may remain or vacate after a short period.

The 0.12-acre property at 808 N 5th Avenue is in Wilmington’s Brooklyn Arts District, within walking distance of downtown restaurants, concert venues, the Riverwalk, Cape Fear Community College, parks, marinas, breweries, and the social district. Exterior features include a large Charleston-style porch, deck, backyard, shingle roof, vinyl siding, and substantial off-street parking. Central air and heat-pump systems serve the building.

Key Highlights

  • Two‑unit duplex with 2,455 square feet, built in 2002
  • Each residence includes 3 bedrooms and 2 bathrooms
  • R‑3 zoning on a 0.12‑acre parcel

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,295
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 - R-3 duplex with updated interiors, separate three-bedroom residences, off-street parking, and a furnished first unit.
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: Two‑unit duplex with 2,455 square feet, built in 2002; Each residence includes 3 bedrooms and 2 bathrooms; R‑3 zoning on a 0.12‑acre parcel
More about this property
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