Fantastic Opportunity in Wilmington, NC!
This 3-bedroom, 1-bath single-family home offers approximately 1,041 square feet of living space and a huge backyard, providing endless possibilities for expansion, outdoor living, or future improvements. Featuring a brand-new roof, this property already has a major upgrade in place, making it an excellent value for both investors and first-time homebuyers.
One of the most affordable ways to own a home in Wilmington, this property is a rare chance to enter the market and create a space tailored to your own style and needs. With solid bones and great potential, it’s ideal for buyers looking to remodel and customize while building equity, or investors seeking their next renovation project.
Whether you’re a new homebuyer dreaming of making a house your own or an investor searching for strong potential, this home offers opportunity, value, and location—all in one. Don’t miss your chance to turn this property into something truly special.
For sale by owner
$199,000
426 Mercer Ave, Wilmington, NC 28403
3beds
1,041sqft
Est.:
SingleFamily
Built in 1925
0.25 Acres Lot
$176,700 Zestimate®
$191/sqft
$-- HOA
What's special
Huge backyardBrand-new roof
What the owner loves about this home
This property has a huge yard which is a rare find for a home in the heart of Wilmington. You'll be close by to everything Wilmington has to offer.
- 19 hours |
- 255 |
- 8 |
Listed by:
Property Owner (336) 259-4258
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Other
Cooling
- Central
Features
- Basement: None
Interior area
- Total interior livable area: 1,041 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Other
Lot
- Size: 0.25 Acres
Details
- Parcel number: R05505002029000
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Shake / Shingle
Condition
- New construction: No
- Year built: 1925
Community & HOA
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $125,200
- Annual tax amount: $1,089
- Date on market: 12/14/2025
Estimated market value
$176,700
$140,000 - $214,000
$1,927/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/14/2025 | Listed for sale | $199,000+1558.3%$191/sqft |
Source: Owner Report a problem | ||
| 2/1/1994 | Sold | $12,000$12/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,089 +3% | $125,200 |
| 2023 | $1,058 -0.6% | $125,200 |
| 2022 | $1,064 -0.7% | $125,200 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,165/mo
Principal & interest
$1005
Property taxes
$90
Home insurance
$70
Climate risks
Neighborhood: Old East Wilmington
Nearby schools
GreatSchools rating
- 5/10Forest Hills ElementaryGrades: K-5Distance: 0.5 mi
- 6/10Williston MiddleGrades: 6-8Distance: 1.7 mi
- 3/10New Hanover HighGrades: 9-12Distance: 1.5 mi
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