416 N 5th Ave
Wilmington, NC 28401
6 Beds
2 Baths
2,600 Sq Ft
1 Day on Market
For Sale $799,000
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Courtesy of RE/MAX Essential

Listing Agent & Comments

Benjamin T EisenbergRE/MAX Essential
910-619-1533Ben@BenEisenbergGroup.com License #271510
This fully rebuilt downtown residence captures the timeless character of Wilmington's historic district while offering modern finishes and flexible living arrangements. Constructed to historical guidelines and approved by Wilmington's Historical Society, the home blends curb appeal with durability and style -- making it truly plaque-worthy.Currently configured as two residences, the property offers both lifestyle and income potential. The first-floor unit is already operating as a short-term rental, while the upper level is leased to a long-term tenant for consistent cash flow. If both units were converted to short-term rentals, projected income is estimated at $80,000-$90,000 annually -- making this an exceptional opportunity for investors. The home can also serve as a multi-generational retreat or easily be converted into a single-family residence by reopening the original interior doorway.Inside, each residence is thoughtfully finished with quartz countertops, stainless steel appliances, farmhouse sinks, engineered French oak flooring, and designer tile bathrooms. Primary suites feature custom walk-in closets and spa-style showers. High ceilings, wide baseboards, and craftsman-style details add warmth and sophistication throughout.Just steps from the Riverwalk, dining, and cultural attractions, this property represents a rare opportunity: a historically recognized home with turnkey rental income and flexible options for the future.

MLS# 100526670 • Data provided by NCRMLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area2,600 Sq.Ft.
Lot Size6,098 Sq.Ft.
Total Rooms--
Bedrooms6
Bathrooms2
Stories2
Year Built1920
Property TypeMultifamily
ZoningHD-R
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$639
Property in Flood Zone--
BasementNo
PoolNo
More Information On This Home
This home's estimated value
$779,535
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
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416 N 5th Ave., Wilmington, NC 28401

Multifamily
6 Beds
2 Baths
2,600 Sq Ft
1 Day on Market

Listing Agent & Comments

Benjamin T EisenbergRE/MAX Essential
910-619-1533Ben@BenEisenbergGroup.com License #271510
This fully rebuilt downtown residence captures the timeless character of Wilmington's historic district while offering modern finishes and flexible living arrangements. Constructed to historical guidelines and approved by Wilmington's Historical Society, the home blends curb appeal with durability and style -- making it truly plaque-worthy.Currently configured as two residences, the property offers both lifestyle and income potential. The first-floor unit is already operating as a short-term rental, while the upper level is leased to a long-term tenant for consistent cash flow. If both units were converted to short-term rentals, projected income is estimated at $80,000-$90,000 annually -- making this an exceptional opportunity for investors. The home can also serve as a multi-generational retreat or easily be converted into a single-family residence by reopening the original interior doorway.Inside, each residence is thoughtfully finished with quartz countertops, stainless steel appliances, farmhouse sinks, engineered French oak flooring, and designer tile bathrooms. Primary suites feature custom walk-in closets and spa-style showers. High ceilings, wide baseboards, and craftsman-style details add warmth and sophistication throughout.Just steps from the Riverwalk, dining, and cultural attractions, this property represents a rare opportunity: a historically recognized home with turnkey rental income and flexible options for the future.

MLS# 100526670 • Data provided by NCRMLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area2,600 Sq.Ft.
Lot Size6,098 Sq.Ft.
Total Rooms--
Bedrooms6
Bathrooms2
Stories2
Year Built1920
Property TypeMultifamily
ZoningHD-R
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$639
Property in Flood Zone--
BasementNo
PoolNo
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $799,000
Get_PreApproved_Property_Details
Save
Courtesy of RE/MAX Essential
416 N 5th Ave
Wilmington, NC 28401
6 Beds
2 Baths
2,600 Sq Ft
1 Day on Market

Listing Agent & Comments

Benjamin T EisenbergRE/MAX Essential
910-619-1533Ben@BenEisenbergGroup.com License #271510
This fully rebuilt downtown residence captures the timeless character of Wilmington's historic district while offering modern finishes and flexible living arrangements. Constructed to historical guidelines and approved by Wilmington's Historical Society, the home blends curb appeal with durability and style -- making it truly plaque-worthy.Currently configured as two residences, the property offers both lifestyle and income potential. The first-floor unit is already operating as a short-term rental, while the upper level is leased to a long-term tenant for consistent cash flow. If both units were converted to short-term rentals, projected income is estimated at $80,000-$90,000 annually -- making this an exceptional opportunity for investors. The home can also serve as a multi-generational retreat or easily be converted into a single-family residence by reopening the original interior doorway.Inside, each residence is thoughtfully finished with quartz countertops, stainless steel appliances, farmhouse sinks, engineered French oak flooring, and designer tile bathrooms. Primary suites feature custom walk-in closets and spa-style showers. High ceilings, wide baseboards, and craftsman-style details add warmth and sophistication throughout.Just steps from the Riverwalk, dining, and cultural attractions, this property represents a rare opportunity: a historically recognized home with turnkey rental income and flexible options for the future.

MLS# 100526670 • Data provided by NCRMLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area2,600 Sq.Ft.
Lot Size6,098 Sq.Ft.
Total Rooms--
Bedrooms6
Bathrooms2
Stories2
Year Built1920
Property TypeMultifamily
ZoningHD-R
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$639
Property in Flood Zone--
BasementNo
PoolNo
More Information On This Home
This home's estimated value
$779,535
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $799,000
Get_PreApproved_Property_Details
Save
Courtesy of RE/MAX Essential