516 N 7th Street Wilmington, NC $ 485,000
516 N 7th Street
$ 485,000
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516 N 7th Street

Wilmington, NC, 28401
$ 485,000
Bedrooms3 Baths2.1 Sq 1,280

Monthly Estimate*

$ 3,350

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Single Family Home for sale in Wilmington, NC

for $485,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,280 square foot home was built in 1879 on a lot size of 0.06.

Fall in love with a piece of Wilmington history in this enchanting 1879 Queen Anne-style bungalow in Historic Downtown Wilmington. Soaring ceilings, original hardwood floors, a classic clawfoot tub, and two decorative fireplaces capture the timeless charm of a bygone era. Two bedrooms and a private, whimsical turnkey loft offer flexible living space and proven short-term rental appeal, generating over $17,000 in Airbnb rental income in less than a year with 68 five-star reviews. Recent updates include new HVAC downstairs and upstairs, exterior wood siding repairs, and fresh interior paint. Outside, a fully fenced backyard beneath a gorgeous tree canopy creates a peaceful private retreat. Just one block from the iconic One Tree Hill Bridge and minutes from the Brooklyn Arts District, Live Oak Bank Pavilion, and downtown's beloved restaurants, shops, and waterfront, this historic gem is a rare opportunity to own a home with a story to tell.

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Single Family Active

Price

$ 485,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 1,815

Style

Historic Home

Lot Size

0.06

Year Built

1879

Town/City

Wilmington

County/Region

New Hanover

MLS | Web ID

100610909

Features
General
Living Area 1280.0
Heating Electric Heat Pump
Cooling Central Air
Utilities Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow Negotiable At Closing
Roof Metal
Appliances Electric Oven Disposal Dishwasher
Zoning R-3
Patio/Porch Features Deck Balcony
Architectural Style Historic Home
Construction Materials Wood Siding Wood Frame
Year Built 1879
View None
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Taxes 1815.53
Parcel Number R04813-025-002-000
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 Downtown
Garage Y/N N
Other Structures Guest House
Total Rooms 6
Full Baths 2
Status Active
Directions South on Market take a right on North 7th St. House is on the right between Red Cross and Campbell.
High School New Hanover
City Wilmington
High School District New Hanover
Lot Size Units Acres
Lot Size Square Feet 2740.0
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 308500
Legal Description NW 1/8 2 WILMINGTON BLK 238
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Interior
Interior Amenities Master Downstairs
Flooring Wood
Furnished Y/N Partially
Master Bed Level Primary Living Area
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
Laundry Features Dryer Hookup Washer Hookup In Kitchen
Total Bedrooms 3
Attic Features Eave Storage Partially Finished
Entry Level 1
Room Type Master Bedroom Bedroom 2 Living Room Dining Area Bathroom 1 Loft
Total Baths 3
Living Area Range 1200 - 1399
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Exterior
Exterior Finish Wood Siding
Fencing Full Back Yard
Parking Features On Street
Water Source Public
Total Parking 0.0
Lot Size Area 0.06
Foundation Details Crawl Space
Spa N
Building Area Total 1280.0
Lot Dimensions 33x82x33x83
Lot Size Acres 0.06
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
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Internal Only
Street Number 1 516
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* Excluded Features
List By
Mary-Margaret A Porter

Listing Agent

Fathom Realty Nc Llc

Broker

mmporter@coastalncagent.com

Email

Affordability Calculator

$3,501
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,350
Monthly Property Taxes
$151
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
4736780 Elementary School
4736089 Middle School
New Hanover High School High School
Pricing History
DatePricePrice ChangeDescription
10/16/2026$485,000 Listed Price

Map


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516 N 7th Street, Wilmington, NC, 28401 is a Single Family Home for sale at $485,000 with 1,280 sqft and a lot size of 0.06. 516 N 7th Street has 3 bedrooms, 2.1 baths, and was built in 1879. The property's zip code is 28401 which is in Wilmington, NC