511 Marstellar Street Wilmington, NC $ 365,000
511 Marstellar Street
$ 365,000
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511 Marstellar Street

Wilmington, NC, 28401
$ 365,000
Bedrooms3 Baths1.0 Sq 799

Monthly Estimate*

$ 2,305

511 Marstellar Street, Wilmington, NC 28401 - Image 1
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Single Family Home for sale in Wilmington, NC

for $365,000 with 3 bedrooms and 1 full bath. This 799 square foot home was built in 1910 on a lot size of 0.2.

Investor's dream! Rare opportunity to own both 509 and 511, featuring a beautifully renovated 3-bedroom, 1-bath bungalow plus a detached studio apartment above the garage. With income-producing potential and the ability to subdivide the lot (buyer to verify), this property offers incredible flexibility for investors, owner-occupants, or multigenerational living. Nestled beneath a stunning mature live oak on a .20-acre lot, the main home welcomes you with a charming front porch and private driveway. Inside, you'll find refinished hardwood floors, new tile flooring, a beautifully renovated kitchen and bathroom, brand-new kitchen appliances, and fresh paint throughout. Major updates include a new HVAC system (2023), all new windows and exterior doors, updated interior and exterior lighting, and exterior wood replacement. The detached studio apartment creates an excellent opportunity for rental income, a guest suite, or a private home office. Below, the garage provides ample storage, while the detached backyard shed offers even more space for tools and equipment. The fully fenced backyard is a blank canvas with plenty of room for gardening, entertaining, or creating your own outdoor oasis. Located within walking distance of the South Front District and just minutes from Greenfield Lake, the Cargo District, and historic downtown Wilmington. Enjoy easy access to the 5th Avenue bike route, making it simple to reach Wilmington's restaurants, breweries, shopping, and riverfront attractions. Whether you're expanding your investment portfolio, house hacking, or searching for a property with future development potential, opportunities like this are hard to find.

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Single Family Active

Price

$ 365,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,530

Style

Single Family Residence

Lot Size

0.2

Year Built

1910

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100586361

Features
General
Living Area 799.0
Heating Electric Heat Pump
Cooling Central Air
Utilities Sewer Connected Water Connected
Possession Close Of Escrow At Closing
Roof Architectural Shingle
Appliances Gas Oven
Zoning R-5
Garage Spaces 1.0
Patio/Porch Features Covered Porch
Construction Materials Wood Siding Wood Frame
Year Built 1910
View See Remarks
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Taxes 1530.69
Parcel Number R05413-021-002-000
Accessibility None
County New Hanover
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
Association Amenities None
HOA N
Attached Garage N
Subdivision Name Dawson-Greenfield
Garage Y/N Y
Other Structures Guest House
Total Rooms 5
Full Baths 1
Status Active
Directions Travel south on S. 3rd Street. Turn left onto Marstellar Street. Continue approximately two blocks. The home will be on the left at 511 Marstellar Street.
High School Hoggard
City Wilmington
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 8712.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Forest Hills
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Myrtle Grove
Lease Considered Y/N N
Structure Type Wood Frame Stick Built
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 260100
Tax Lot 5/6
Legal Description PT LTS 5/6 BLK 7 WILM
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Interior
Interior Amenities Master Downstairs Apt/Suite
Basement None
Flooring Tile Hardwood
Furnished Y/N Unfurnished
Water Heater Electric
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
Laundry Features In Hall
Total Bedrooms 3
Attic Features Floored Pull-Down Stairs
Entry Level 1
Room Type Living Room Dining Area Bedroom 1 Bedroom 2 Bedroom 3
Unit Type 3 Bedroom
Total Baths 1
Living Area Range 600 - 799
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Exterior
Exterior Amenities None
Exterior Finish Wood Siding
Fencing Back Yard Wood
Parking Features Off Street Paved
Water Source Public
Total Parking 1.0
Lot Size Area 0.2
Foundation Details Brick/Mortar Block
Spa N
Building Area Total 799.0
Lot Dimensions 90x100
Lot Size Acres 0.2
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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Internal Only
Street Number 1 511
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* Excluded Features
List By
Derek Criscitiello

Listing Agent

Coldwell Banker Sea Coast Advantage

Broker

derekcriscitiello@seacoastrealty.com

Email

Affordability Calculator

$2,432
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,305
Monthly Property Taxes
$128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4735561 Elementary School
4736367 Middle School
Hoggard High School High School
Pricing History
DatePricePrice ChangeDescription
7/3/2026$365,000 Listed Price

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511 Marstellar Street, Wilmington, NC, 28401 is a Single Family Home for sale at $365,000 with 799 sqft and a lot size of 0.2. 511 Marstellar Street has 3 bedrooms, 1.0 baths, and was built in 1910. The property's zip code is 28401 which is in Wilmington, NC