Wonderful opportunity to own a duplex within a short walk to Brooklyn Arts District, Live Oak Park and Amphitheatre, breweries and all that downtown Wilmington has to offer. There is no rental history as the previous owner and his daughter occupied the property as their personal residence. There are two separate electrical meters, gas meters but the home share water/sewer/trash. This is an absolute diamond in the not-so-rough. Roof replaced in 2017 along with many other updates over the years. Alarm system and termite bond a plus. Don't miss out on one of the better investment opportunities in downtown Wilmington.
Sold for $390,000 on 07/13/23
$390,000
516 Walnut Street, Wilmington, NC 28401
2beds
2baths
2,040sqft
Duplex
Built in 1920
-- sqft lot
$447,300 Zestimate®
$191/sqft
$1,589 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: February 19, 2025 at 10:16pm
Listed by:
Ed H Wagenseller 910-279-4663,
Keller Williams Innovate-Wilmington
Bought with:
Amber S Alexander, 312059
Berkshire Hathaway HomeServices Carolina Premier Properties
Source: Hive MLS,MLS#: 100388993
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Dining room
- Features: Combination
Heating
- Forced Air
Cooling
- Central Air, Heat Pump
Appliances
- Included: Gas Cooktop, Refrigerator, Range
- Laundry: In Kitchen
Features
- Flooring: Wood
- Basement: None
- Attic: Scuttle
Interior area
- Total structure area: 2,040
- Total interior livable area: 2,040 sqft
Property
Parking
- Parking features: On Street
Features
- Levels: One,Two
- Stories: 2
- Entry location: 1st Floor,2nd Floor
- Patio & porch: Porch, Balcony
- Exterior features: Mail on Site, Balcony
- Fencing: None
Lot
- Size: 2,613 sqft
- Dimensions: 38 x 76 x 38 x 76
Details
- Parcel number: R04813043003000
- Zoning: HD-R
- Special conditions: Probate Listing
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding
- Foundation: Crawl Space
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Sewer Connected, Water Available, Water Connected
Community & neighborhood
Security
- Security features: Security System, Smoke Detector(s)
Location
- Region: Wilmington
- Subdivision: Rankin Place North
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$447,300
2% more+$8,946
With Zillow Showcase(estimated)$456,246