Opportunity awaits at 815 S. 5th Street, Wilmington, NC 28401. This 2-bedroom, 1.5-bath home is being sold AS IS and is full of potential for investors, flippers, or buyers looking to renovate and build equity in one of Wilmington's fastest-growing areas.
Conveniently located just minutes from Historic Downtown Wilmington, the Riverwalk, shopping, restaurants, and area beaches, this property offers an excellent opportunity as a primary residence, rental, or investment project.
With an acceptable offer, the seller will install a brand-new mini-split HVAC system prior to closing, adding immediate value and comfort.
Bring your vision and unlock this home's potential. Sold AS IS with endless possibilities--don't miss your chance to invest in a prime Wilmington location!
For sale
Price cut: $60K (8/11)
$190,000
815 S 5th Avenue, Wilmington, NC 28401
2beds
960sqft
Single Family Residence
Built in 1900
8,712 Square Feet Lot
$242,300 Zestimate®
$198/sqft
$-- HOA
What's special
Brand-new mini-split hvac system
- 5 days |
- 499 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Adam Hashem 704-962-2077,
East Atlantic Realty LLC
Source: Hive MLS,MLS#: 100595543
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Master Bedroom, Bedroom 1, Living Room, Dining Room, Bathroom 1, Bathroom 2
Heating
- None
Cooling
- None
Features
- None
Interior area
- Total structure area: 960
- Total interior livable area: 960 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: None
- Fencing: None
- Has view: Yes
- View description: None
- Frontage type: See Remarks
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: R05409027007000
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $258,800
- Annual tax amount: $1,523
- Date on market: 8/11/2026
- Cumulative days on market: 5 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Commercial,Cash,Conventional,Other
- Road surface type: Paved
Estimated market value
$242,300
$230,000 - $254,000
$1,545/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Price change | $190,000-24%$198/sqft |
Source:  Hive MLS #100592941 Report a problem | ||
| 7/31/2026 | Listed for sale | $250,000+85.2%$260/sqft |
Source: Hive MLS #100592941 Report a problem | ||
| 5/22/2026 | Sold | $135,000-39.5%$141/sqft |
Source: Hive MLS #100540507 Report a problem | ||
| 4/3/2026 | Contingent | $223,000$232/sqft |
Source: Hive MLS #100540507 Report a problem | ||
| 2/12/2026 | Price change | $223,000-4.7%$232/sqft |
Source: Hive MLS #100540507 Report a problem | ||
| 11/10/2025 | Listed for sale | $234,000+12.5%$244/sqft |
Source: Hive MLS #100540507 Report a problem | ||
| 12/30/2024 | Sold | $208,000+131.1%$217/sqft |
Source: Public Record Report a problem | ||
| 3/18/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/28/2019 | Listing removed | $1,050$1/sqft |
Source: Owner Report a problem | ||
| 10/11/2019 | Price change | $1,050-16%$1/sqft |
Source: Owner Report a problem | ||
| 9/27/2019 | Listed for rent | $1,250$1/sqft |
Source: Owner Report a problem | ||
| 3/15/2018 | Sold | $90,000-5.3%$94/sqft |
Source: Hive MLS #100072799 Report a problem | ||
| 1/28/2018 | Pending sale | $95,000$99/sqft |
Source: Wilmington #100072799 Report a problem | ||
| 8/3/2017 | Price change | $95,000-5%$99/sqft |
Source: Wilmington #100072799 Report a problem | ||
| 7/15/2017 | Listed for sale | $100,000$104/sqft |
Source: Keller Williams Realty #100072799 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,523 +7% | $258,800 +58.2% |
| 2024 | $1,423 +3% | $163,600 |
| 2023 | $1,382 -0.6% | $163,600 |
| 2022 | $1,391 -0.7% | $163,600 |
| 2021 | $1,400 +115.8% | $163,600 +165.6% |
| 2020 | $649 | $61,600 |
| 2019 | $649 | $61,600 |
| 2018 | $649 | $61,600 |
| 2017 | $649 +2.9% | $61,600 +8.3% |
| 2016 | $630 +4.6% | $56,900 |
| 2015 | $603 +4.4% | $56,900 |
| 2014 | $577 | $56,900 |
| 2013 | -- | $56,900 |
| 2012 | -- | $56,900 -56.1% |
| 2011 | -- | $129,612 |
| 2010 | -- | $129,612 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $63,326 |
| 2004 | -- | $63,326 |
| 2003 | -- | $63,326 |
| 2002 | -- | $63,326 |
| 2001 | -- | $63,326 |
| 2000 | -- | $63,326 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Dry Pond/Lake Forest
Nearby schools
GreatSchools rating
- 5/10Annie H Snipes ElementaryGrades: K-5Distance: 1.6 mi
- 6/10Williston MiddleGrades: 6-8Distance: 0.6 mi
- 3/10New Hanover HighGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Snipes
- Middle: Williston
- High: Hoggard
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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