515 S 7th Street Wilmington, NC ^$ 325,000

515 S 7th Street

^$ 325,000

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Recently Listed

515 S 7th Street

Wilmington, NC, 28401

^$ 325,000

Bedrooms4 Baths2.0 Sq 1,331

Monthly Estimate*

^$ 2,001

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Single Family Home for sale in Wilmington, NC

for $325,000 with 4 bedrooms and 2 full baths. This 1,331 square foot home was built in 1935 on a lot size of 0.08.

Discover a unique investment property in downtown Wilmington! This charming duplex offers a total of 1,331 sq.ft. of living space. One side features 3 bedrooms and 1 bathroom, while the other is a 1 bedroom, 1 bath studio-style unit. The property is separately metered for electric, gas, and water, making it ideal for management. An attractive opportunity for investors seeking rental income or an owner-occupant looking to live in one unit while renting the other, offering both flexibility and upside. Occupants enjoy a shared deck and backyard, and the home is situated on a walkable street close to parks, coffee shops, and dining options.

Single Family Active

Price

^$ 325,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,205

Style

Single Family Residence

Lot Size

0.08

Year Built

1935

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100566209

Features

General

Living Area 1331.0

Heating Gas Pack Natural Gas

Cooling Central Air

Utilities Natural Gas Connected Sewer Connected Water Connected

Possession Subject To Tenant Rights

Roof Shingle

Zoning R-3

Patio/Porch Features Covered Deck Porch

Construction Materials Asbestos Wood Frame

Year Built 1935

View See Remarks

Levels One

Property Subtype Single Family Residence

Tax Year 2025

Taxes 2205.7

Parcel Number R05409-007-002-000

County New Hanover

Operating Expense 0.0

New Construction N

Property Type Residential

In City Limits? (Y/N) Y

HOA N

Attached Garage N

Subdivision Name Other

Garage Y/N N

Total Rooms 8

Full Baths 2

Status Active

Directions Market Street toward downtown turn left on S. 7th St. property on left between Church and Castle.

High School New Hanover

City Wilmington

High School District New Hanover

Lot Size Units Acres

Lot Size Square Feet 3485.0

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 Stick Built

Living Area Units Square Feet

Standard Status Active

Tax Assessed Value 374800

Legal Description SW PT 4 WILMINGTON BLK 93

Interior

Interior Amenities None

Water Heater Electric Natural Gas

Master Bed Level Primary Living Area

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Half Baths 0

Total Bedrooms 4

Room Type Living Room Dining Area Master Bedroom Bedroom 1 Bedroom 2 Family Room Bedroom 3

Total Baths 2

Living Area Range 1200 - 1399

Exterior

Exterior Finish Asbestos

Fencing None

Parking Features On Street

Water Source Public

Total Parking 0.0

Lot Size Area 0.08

Foundation Details Crawl Space

Spa N

Building Area Total 1331

Lot Dimensions 29x117

Lot Size Acres 0.08

Road Surface Type Paved

Frontage Type See Remarks

Waterfront Y/N N

Road Frontage Type City Street State Road Paved

Crops Included Y/N N

Horse Y/N N

Internal Only

Street Number 1 515

* Excluded Features

List By

Mallory Lane

Listing Agent

Intracoastal Realty Corp

Broker

mlane@intracoastalrealty.com

Affordability Calculator

$2,185

Per Month

Monthly Principal & Interest: $2,001
Monthly Property Taxes: $184
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

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Nearby

Trends
Schools

Single family listings in Wilmington, NC

Average List Price ^$834,802

Percent of Sale Price 157%

About Wilmington, NC

122,120 Population

35% Since 2002

^$47,464 Median Income

36.47 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4736780 Elementary School

4736089 Middle School

New Hanover High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2026	$325,000		Listed Price

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515 S 7th Street, Wilmington, NC, 28401 is a Single Family Home for sale at $325,000 with 1,331 sqft and a lot size of 0.08. 515 S 7th Street has 4 bedrooms, 2.0 baths, and was built in 1935. The property's zip code is 28401 which is in Wilmington, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Copyright 2019 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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515 S 7th Street

Single Family Home for sale in Wilmington, NC

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