818 S 5th Avenue Wilmington, NC ^$ 600,000

818 S 5th Avenue

^$ 600,000

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Recently Listed

818 S 5th Avenue

Wilmington, NC, 28401

^$ 600,000

Studio Baths0.0

Monthly Estimate*

^$ 3,788

818 S 5th Avenue, Wilmington, NC 28401 - Image 1

Studio

Lots and Land for sale in Wilmington, NC

for $600,000. The lot size is 0.19.

This fully entitled development site presents a rare opportunity to move directly into construction. Plans have been completed for a mixed-use building consisting of 10 residential units and 1 commercial space, allowing for a well-balanced income stream. The property has already undergone significant pre-development work, including completed site clearing and grading, installed utilities, and paid tree mitigation fees. With an active building permit in place, this offering significantly reduces timeline risk and carrying costs, positioning it as a highly efficient and shovel-ready investment.

Lots and Land Active

Price

^$ 600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

5+ Multi-Family

Lot Size

0.19

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100586857

Features

General

Utilities Sewer Connected Water Connected

Zoning UMX

Topography Cleared Level

Property Subtype 5+ Multi-Family

Tax Year 2026

Current Use Multi-Family Commercial Residential

Parcel Number R05409-028-017-000

County New Hanover

New Construction N

Property Type Land

In City Limits? (Y/N) Y

HOA N

Attached Garage N

Subdivision Name Not In Subdivision

Garage Y/N N

Other Structures None

Status Active

Directions From 3rd St Turn Left onto Dawson St. Property is on the corner of 5th St and Dawson St.

High School New Hanover

City Wilmington

Lot Size Units Acres

Lot Size Square Feet 8276.0

Carport Y/N N

Elementary School Other

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Considered Y/N N

Standard Status Active

Tax Assessed Value 330100

Legal Description PT EM 6 BLK 48

Exterior

Fencing None

Lot Features Corner Lot

Water Source Public

Lot Size Area 0.19

Buildings On Property None

Spa N

Lot Dimensions 96 x 55

Lot Size Acres 0.19

Waterfront Y/N N

Road Frontage Type Maintained City Street State Road

Crops Included Y/N N

Horse Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Total Baths 0

Internal Only

Street Number 1 818

* Excluded Features

List By

Seth D Huntt

Listing Agent

Dominion Real Estate Group Llc

Broker

dominionrealestategroup910@gmail.com

Affordability Calculator

$3,788

Per Month

Monthly Principal & Interest: $3,788
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Lots and land listings in Wilmington, NC

Average List Price ^$747,349

Percent of Sale Price 25%

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.

4776621 Elementary School

4760701 Middle School

New Hanover High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/7/2026	$600,000		Listed Price

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818 S 5th Avenue, Wilmington, NC, 28401 is a Lots and Land for sale at $600,000 with a lot size of 0.19. 818 S 5th Avenue is a studio with 0.0 baths. 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 6.49% 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.

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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818 S 5th Avenue

Lots and Land for sale in Wilmington, NC

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