Versatile River View Duplex setup in Downtown Wilmington with very good zoning options!!
Discover an exceptional opportunity in the heart of downtown Wilmington with this beautifully updated top-and-bottom duplex overlooking the Cape Fear River. Built in 2005, this brick home combines classic craftsmanship with modern updates, a metal roof, and a flexible UMX zoning designation that allows for residential, commercial, or live/work use.
Each level has been professionally designed and renovated, showcasing stylish finishes and thoughtful layouts. The lower unit features two bedrooms, a comfortable living area, dining space, large bathroom and full kitchen—perfect for long-term tenants or owner occupancy. The upper unit is a stunning one-bedroom, one-bath loft-style apartment with window nooks for seating or sleeping, a custom kitchen, designer bathroom with large tiled shower, and high-end LVP flooring throughout.
A massive walk-in basement offers two laundry hookups and ample storage, making it ideal for workspaces, hobby areas, or additional rental potential. The property is handicap accessible, fenced in and includes off-street parking with dedicated rear access via easement.
Just steps from the boat launch, Riverwalk, and downtown shops and dining, this location offers breathtaking sunsets over the water and unbeatable walkability.
Whether you're looking for a primary residence, investment property, or live/work setup, 5 Queen Street delivers unmatched versatility, quality, and location in one incredible package.
For sale
$695,000
5 Queen Street, Wilmington, NC 28401
3beds
2,341sqft
Est.:
Single Family Residence
Built in 2005
4,356 Square Feet Lot
$674,900 Zestimate®
$297/sqft
$-- HOA
What's special
- 27 days |
- 1,584 |
- 104 |
Zillow last checked: 8 hours ago
Listing updated: December 12, 2025 at 11:56am
Listed by:
Baxter Cheek 910-512-6699,
Keller Williams Innovate-OIB Mainland
Source: Hive MLS,MLS#: 100541868
Originating MLS: Brunswick County Association of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: Primary Living Area
Heating
- Electric, Forced Air
Cooling
- Central Air
Features
- Master Downstairs, Vaulted Ceiling(s), High Ceilings, Kitchen Island, 2nd Kitchen, Ceiling Fan(s), Walk-in Shower, Basement, Blinds/Shades
Interior area
- Total structure area: 2,341
- Total interior livable area: 2,341 sqft
Property
Parking
- Parking features: On Street, See Remarks, Off Street, On Site
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Kitchen, Accessible Hallway(s), Accessible Full Bath, Accessible Doors, Accessible Entrance, Accessible Approach with Ramp
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio, Porch, Wrap Around, Balcony
- Fencing: Back Yard
- Has view: Yes
- View description: River, Water
- Has water view: Yes
- Water view: River,Water
- Waterfront features: Boat Ramp
Lot
- Size: 4,356 Square Feet
- Features: Boat Ramp
Details
- Parcel number: R05312003009000
- Zoning: UMX
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- See Remarks, Brick
- Foundation: See Remarks
- Roof: Metal,See Remarks
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $297/sqft
- Tax assessed value: $618,600
- Annual tax amount: $2,484
- Date on market: 11/17/2025
- Cumulative days on market: 27 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Commercial,Cash,Conventional,VA Loan
Estimated market value
$674,900
$641,000 - $709,000
$1,483/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Listed for sale | $695,000+321.2%$297/sqft |
Source: | ||
| 7/20/2015 | Sold | $165,000-25%$70/sqft |
Source: | ||
| 12/1/2008 | Sold | $220,000$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,484 +3% | $285,500 |
| 2023 | $2,412 -0.6% | $285,500 |
| 2022 | $2,427 -0.7% | $285,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,891/mo
Principal & interest
$3335
Property taxes
$313
Home insurance
$243
Climate risks
Neighborhood: Dry Pond/Lake Forest
Nearby schools
GreatSchools rating
- 5/10Annie H Snipes ElementaryGrades: K-5Distance: 1.8 mi
- 6/10Williston MiddleGrades: 6-8Distance: 0.8 mi
- 3/10New Hanover HighGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Sunset
- Middle: Williston
- High: Ashley
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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