$848,900

Historic Downtown Wilmington character, incredible versatility, and income-producing potential come together at 310 N 5th Avenue. Located in Wilmington's Historic District and just blocks from the restaurants, shops, entertainment, and vibrant riverfront that make downtown living so desirable, this one-of-a-kind property offers approximately 3,194 square feet of living space and… Read More a layout that lends itself beautifully to multigenerational living, an owner-occupant seeking rental income, or a unique investment opportunity. Rich with the charm and character you expect from a historic home, the property offers multiple living spaces and an exceptionally flexible floor plan with room to make it your own. Previously configured as a triplex before being converted to a duplex, the home's existing layout offers the potential to be easily converted back to a triplex, subject to applicable zoning, permitting, and approvals--creating even more possibilities for someone looking to maximize the property's income potential. One portion of the home is currently configured as a private one-bedroom, one-bath upstairs apartment with a tenant in place paying $1,600 per month, providing immediate rental income from day one. Outside, the property becomes its own private downtown retreat with a pool, fenced front and backyard, private outdoor space, and screened deck. Adding even more value is off-street parking for up to six vehicles--an exceptional and increasingly rare feature in Historic Downtown Wilmington, where dedicated parking can be difficult to find. Whether accommodating residents, tenants, or guests, the abundance of private parking sets this property apart from many downtown homes and investment properties. A detached garage provides even more possibilities, with additional space upstairs ideal for a home office, studio, hobby space, or potential future conversion, subject to applicable approvals. Whether you're looking for a distinctive historic residence, a multigenerational property, an owner-occupied home with built-in rental income, or an investment with the potential for multiple income-producing units, 310 N 5th Avenue offers a level of flexibility that's hard to replicate--all within a short distance of Historic Downtown Wilmington's restaurants, shops, riverfront, and Live Oak Bank Pavilion. Additional highlights include original hardwood flooring beneath the existing carpet and luxury vinyl plank flooring, offering an exciting opportunity to uncover and restore the home's timeless character and charm. The property is also separately metered for each unit, providing added convenience and flexibility. Read Less

Courtesy of Jennifer Bullock Team, RE/MAX Executive

Listing Snapshot

Days Online

Last Updated

Nov 2, 2026

Property Type

Single Family Residence

Beds

Full Baths

Half Bath

Square Ft.

3,194

Lot Size

0.17 Acres

Year Built

1888

MLS Number

100607822

Additional Details

Laundry

Laundry Room

Property Access

Road frontage type: Paved, Road surface type: Paved

Appliances & Equipment

Built-In Gas Oven, Refrigerator, Dryer, Dishwasher

Building

Built in 1888, Architectural style: Historic District, Construction materials: Vinyl Siding, Wood Frame, Levels: Two, Living area units: Square Feet, 2 total stories, Structure type: Wood Frame, Stick Built, Toal building area: 3194

Cooling

Central Air

Fence

Back Yard, Front Yard

Floors

LVT/LVP, Carpet, Tile, Wood

Garage

1 space

Heating

Electric, Heat Pump

Interior Features

High Ceilings, Ceiling Fan(s)

Lot

0.17 acres, 7,405 sqft, Front Yard

Parking

1 total parking, Paved

Pool

Above Ground

Property

Frontage type: See Remarks, Patio and porch features: Deck, Porch, Screened, Zoning: HD-R, None

Roof

Architectural Shingle

Taxes

Year: 2025

Utilities

Natural Gas Connected, Sewer Connected, Water Connected

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310 N 5th Avenue

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