Discover the charm and income potential of this beautifully converted historic duplex at 422 S 5th Ave. Featuring two spacious 2-bedroom, 1-bath units—one upstairs and one downstairs—this property is a fantastic investment opportunity. Currently used as a long-term rental, both units have tenants in place. Enter through the shared foyer, where a joint stairwell leads to the second-floor unit, while the main floor unit is easily accessible. Each unit boasts a full kitchen with updated appliances, in-unit laundry, and timeless historic details throughout. Enjoy the inviting shared front porch, perfect for relaxing in the heart of downtown Wilmington. Conveniently located within walking distance to shops, restaurants, and the scenic Riverwalk. Don't miss this chance to own a piece of Wilmington's history with built-in rental income!
Sold for $486,000 on 03/31/25
$486,000
422 S 5th Avenue #1 & 2, Wilmington, NC 28401
4beds
2baths
1,876sqft
Duplex
Built in 1903
-- sqft lot
$483,200 Zestimate®
$259/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: April 01, 2025 at 11:25am
Listed by:
The Rising Tide Team 910-256-4503,
Intracoastal Realty Corp
Bought with:
Kraig Marquis Team
Keller Williams Innovate-Wilmington
Source: Hive MLS,MLS#: 100490546
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Dining room
- Features: Combination
Heating
- Forced Air, Gas Pack
Cooling
- Central Air
Appliances
- Included: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
- Laundry: Laundry Room
Features
- Master Downstairs, High Ceilings, 2nd Kitchen, Apt/Suite, Ceiling Fan(s), Blinds/Shades
- Flooring: LVT/LVP, Tile, Wood
- Basement: None
- Attic: Other
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,876
- Total interior livable area: 1,876 sqft
Property
Parking
- Parking features: None, Paved, On Street
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Pool features: None
- Fencing: Wood
- Waterfront features: None
Lot
- Size: 2,613 sqft
- Dimensions: 33 x 82 x 33 x 83
Details
- Parcel number: R05405030013000
- Zoning: HD-R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding
- Foundation: Crawl Space
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Utilities for property: Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Wilmington
- Subdivision: Historic District
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$483,200
2% more+$9,664
With Zillow Showcase(estimated)$492,864