223 S 5th Avenue
Wilmington, NC, 28401 $ 1,050,000
Bedrooms6 Baths4.0 Sq 3,548 Monthly Estimate*
$ 6,551
for $1,050,000 with 6 bedrooms and 4 full baths. This 3,548 square foot home was built in 1903 on a lot size of 0.07.
Reimagined from its 1903 bones, this 122-year-old duplex captures the spirit of historic Wilmington while offering flexible living in the heart of the Historic District. Just minutes from the Riverwalk, top dining, entertainment, and scenic waterfront views, it's perfectly positioned for those who value walkability and opportunity: live in one unit and rent the other, rent out both, or enjoy the entire home as a spacious single residence. Each unit offers grand living and dining spaces, three bedrooms, and two tiled baths. Original hardwoods run throughout, complemented by 9-foot ceilings, crown molding, and rich paint tones. Ten fireplaces throughout the home anchor each space with historic character, while glimpses of exposed brick reveal the craftsmanship beneath. An unfinished basement adds another layer of intrigue to the property, offering potential to be finished for additional living, storage, or a shared entertainment space for both units. Generous porches, low-maintenance landscaping, and a permanently staired attic complete the layout's thoughtful flow. After decades without residents, this home stands ready to begin its next chapter, inviting new life, new stories, and a renewed presence in one of Wilmington's most storied neighborhoods.
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FeaturesInteriorInterior Amenities Master Downstairs High Ceilings Wash/Dry Connect Kitchen Island Ceiling Fan(s) Pantry Walk-in Shower
Basement Dirt Floor Unfinished
Flooring Tile Wood
Water Heater Natural Gas Tankless See Remarks
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Dryer Hookup Washer Hookup Laundry Closet Laundry Room
Total Bedrooms 6
Attic Features Permanent Stairs
Room Type Dining Room
Total Baths 4
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GeneralHeating Electric Forced Air
Cooling Central Air
Utilities Natural Gas Connected Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow At Closing
Roof Architectural Shingle
Appliances Vented Exhaust Fan Electric Oven Electric Cooktop Refrigerator Disposal Dishwasher
Zoning HD-R
Garage Spaces 0.0
Patio/Porch Features Covered Porch Balcony
Security Features Smoke Detector(s)
Construction Materials Brick Wood Siding
Year Built 1903
View See Remarks
Stories Count 2
Levels Two
Property Subtype Duplex
Tax Year 2025
Parcel Number R05405-013-006-000
County New Hanover
Operating Expense 0.0
New Construction N
Property Type Residential Income
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name Historic District
Garage Y/N N
Status Active
Directions Heading West on Oleander Drive take a slight left turn onto Wooster Street. Turn right onto S 5th Avenue. Home will be on the right.
High School New Hanover
City Wilmington
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 2910.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Snipes
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Williston
Lease Considered Y/N N
Structure Type Wood Frame
Standard Status Active
Tax Assessed Value 143800
Legal Description SW PT 6 BLK 130
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ExteriorExterior Amenities Balcony
Exterior Finish Brick Wood Siding
Fencing None
Parking Features Asphalt On Street
Lot Features Corner Lot
Water Source Public Public2
Total Parking 0.0
Lot Size Area 0.07
Foundation Details Basement Crawl Space
Spa N
Building Area Total 3548
Lot Dimensions 35.5x82
Lot Size Acres 0.07
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type City Street State Road
Crops Included Y/N N
Horse Y/N N
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* Excluded FeaturesList ByProsper Real EstateBroker
reidi@prosperrealestatenc.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,551
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Wilmington, NC
Average List Price $994,626
Percent of Sale Price 5%
About Wilmington, NC 122,120 Population
35% Since 2002
$ 47,464 Median Income
36.47 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
4736780 Elementary School
4736089 Middle School
New Hanover High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/29/2025 | $1,050,000 | -2.33% | Price Down |
| 11/7/2025 | $1,075,000 | -1.38% | Price Down |
| 10/24/2025 | $1,090,000 | | Listed Price |