223 S 5th Avenue, Wilmington, NC 28401

$1,050,000
Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 3,548 Lot Size (sq. ft.): 2,910 Status: Active
Current Price: $1,050,000 List Date: 11/29/2025 Last Modified: 12/11/2025

Description

Reimagined from its 1903 bones, this 122-year-old duplex captures the spirit of historic Wilmington while offering flexible living in the heart of the Historic District. Just minutes from the Riverwalk, top dining, entertainment, and scenic waterfront views, it's perfectly positioned for those who value walkability and opportunity: live in one unit and rent the other, rent out both, or enjoy the entire home as a spacious single residence. Each unit offers grand living and dining spaces, three bedrooms, and two tiled baths. Original hardwoods run throughout, complemented by 9-foot ceilings, crown molding, and rich paint tones. Ten fireplaces throughout the home anchor each space with historic character, while glimpses of exposed brick reveal the craftsmanship beneath. An unfinished basement adds another layer of intrigue to the property, offering potential to be finished for additional living, storage, or a shared entertainment space for both units. Generous porches, low-maintenance landscaping, and a permanently staired attic complete the layout's thoughtful flow. After decades without residents, this home stands ready to begin its next chapter, inviting new life, new stories, and a renewed presence in one of Wilmington's most storied neighborhoods.

More Information MLS# 100537963

Building/Ext Features

ud_i_08: 10

Property Interior Info

ud_i_10: 2

Contract Info

Sub-Type: Duplex List Price/SqFt: 295.94 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-10-24 Listing Price: 1050000 Current Price: $1,050,000

Location Information

City Limits: Yes Marketing City: Wilmington Street #: 223 Pre Direction: S Street Name: 5th Street Suffix: Avenue County: New Hanover State/Province: NC Zip Code: 28401 Subdivision: Historic District Geo Lat: 34.232168 Geo Lon: -77.942599

Remarks and Showing

Sign on Property: Yes Directions to Property: Heading West on Oleander Drive, take a slight left turn onto Wooster Street. Turn right onto S 5th Avenue. Home will be on the right.

Building Info

New Construction: No

Property Exterior/Interior Info

Lot Acres: 0.07 Lot SqFt: 2910 Lot Dimensions: 35.5x82 Waterfront: No Waterview: No Location Type: Mainland # Baths - Total: 4 # Total Units: 2 Fireplace Y/N: Yes Stories: 2 Owner Occupied: No Property Mgmt Company: No Financials Available: No

Legal and Taxes

Tax Assessed Value: 143800 Deed Book: 6538 Deed Page: 1303 Legal: SW PT 6 BLK 130 Broker Owner: No PID: R05405-013-006-000 Tax Identifier: R05405-013-006-000 Plat Book: 0 Plat Page: 0 Special Assessments: None Tax Year: 2025 Zoning: HD-R HOA: No Cobra Zone: No Elementary School: Snipes Middle School: Williston High School: New Hanover Year Built: 1903

Garage & Parking

Attached Garage Spaces: 0 Detached Garage Spaces: 0 Total # Garage Spaces: 0 Total Carport Spaces: 0

Parking Features

Asphalt: 1 Street Only: 1

Attic

Stairs - Perm: 1

Basement

Dirt Floor: 1 Unfinished: 1

Frontage Type

See Remarks: 1

View Type

See Remarks: 1

Construction

Wood Frame: 1

Current Service Providers

Electric Provider: Duke Energy Natural Gas Provider: Piedmont Natural Gas Co. Sewer Provider: Cape Fear Public Utility Authority Water Provider: Cape Fear Public Utility Authority

Exterior Finish

Brick: 1 Wood Siding: 1

Terms

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Fencing

None: 1

Foundation

Basement: 1 Crawl Space: 1

Flooring

Tile: 1 Wood: 1

Fuel Tank

None: 1

Green Bldg Features

Tankless Water Heate: 1

Patio and Porch Features

Balcony: 1 Covered: 1 Porch: 1

Roof

Architectural Shingle: 1

Levels

Two: 1

Entry Level Information

Entry Level: 1

Lot Description

Corner Lot: 1

Road Type/Frontage

Public (City/Cty/St): 1

Cooling

Central Air: 1

Heating

Forced Air: 1

Heating System Fuel Source

Electric: 1

Water Heater

Natural Gas: 1 Tankless: 1 See Remarks: 1

Utilities

Electricity Connected: 1 Natural Gas Connected: 1 Sewer Connected: 1 Water Connected: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Appliances/Equip

Dishwasher: 1 Disposal: 1 Electric Cooktop: 1 Electric Oven: 1 Refrigerator: 1 Vented Exhaust Fan: 1

Fireplace Features

Bath: 1 Bedroom: 1 Dining Room: 1 Kitchen: 1 Living Room: 1 See Remarks: 1

Interior Features

Ceiling Fan(s): 1 High Ceilings: 1 Kitchen Island: 1 Master Downstairs: 1 Pantry: 1 Walk-in Shower: 1 Wash/Dry Connect: 1

Security Features

Smoke Detector(s): 1

Laundry Location

Hookup - Dryer: 1 Hookup - Washer: 1 Laundry Closet: 1 Laundry Room: 1

Dining Room Type

Formal: 1

Side/Unit 1

Total Rooms: 5 # of Bedrooms: 3 Full Baths: 2 Avg SqFt: 1759 Furnished: No Rent: 0 Occupied: No

Side/Unit 1 Cooling

Central: 1

Side/Unit 1 Heating

Electric: 1 Forced Air: 1

Side/Unit 1 Appliance

Dishwasher: 1 Disposal: 1 Refrigerator: 1 Stove/Oven - Electric: 1 Vent Hood: 1

Side/Unit 1 Features

Dining Room: 1 Fireplace: 1 Kitchen: 1 Living Room: 1 W/D Hookup: 1

Side/Unit 1 Rent Frequency

Other: 1

Side/Unit 2

Total Rooms: 6 # of Bedrooms: 3 Full Baths: 2 Avg SqFt: 1789 Furnished: No Rent: 0 Occupied: No

Side/Unit 2 Cooling

Central: 1

Side/Unit 2 Heating

Electric: 1 Forced Air: 1

Side/Unit 2 Appliance

Dishwasher: 1 Disposal: 1 Refrigerator: 1 Stove/Oven - Electric: 1 Vent Hood: 1

Side/Unit 2 Features

Dining Room: 1 Fireplace: 1 Kitchen: 1 Living Room: 1 Patio/Balcony/Deck: 1 W/D Hookup: 1

Side/Unit 2 Rent Frequency

Other: 1

Property ExteriorInterior Info

# Bedrooms: 6 SqFt - Heated (Primary): 3548

Property Features

Frontage Type: See Remarks View Type: See Remarks Attic: Stairs - Perm Basement: Dirt Floor; Unfinished Construction: Wood Frame Exterior Finish: Brick; Wood Siding Fencing: None Foundation: Crawl Space; Basement Fuel Tank: None Green Bldg Features: Tankless Water Heate Parking Features: Asphalt; Street Only Patio and Porch Features: Balcony; Covered; Porch Roof: Architectural Shingle Levels: Two Lot Description: Corner Lot Cooling: Central Air Heating: Forced Air Heating System Fuel Source: Electric Water Heater: Natural Gas; Tankless; See Remarks Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public Sewer: Public Sewer Fireplace Features: Bath; Bedroom; Dining Room; Kitchen; Living Room; See Remarks Flooring: Tile; Wood Interior Features: Ceiling Fan(s); High Ceilings; Kitchen Island; Master Downstairs; Pantry; Walk-in Shower; Wash/Dry Connect Security Features: Smoke Detector(s) Laundry Location: Hookup - Dryer; Hookup - Washer; Laundry Closet; Laundry Room Dining Room Type: Formal Terms: Cash; Conventional; FHA; VA Loan
Listing Office: Prosper Real Estate
IDX
Last Updated: December - 11 - 2025
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