$569,900

1504 Orange St Wilmington, NC 28401

$6,768
Closing credit¹
3 beds
2 full
1,288 sqft
0.10 acres
$442 / sqft
House

Property details

About 1504 Orange St

Turnkey investment opportunity in the heart of Wilmington! This permitted duplex-style property is ideal for investors, house hackers, or flexible living arrangements. The main house features two bedrooms, one bath, and a brand-new kitchen with washer/dryer, fridge, stove, and dishwasher. The attached studio ADU, with its private entrance, offers a full kitchen and bath, perfect for rental income or a guest suite.This property is fully furnished and has generated $40,000 in rental revenue over the past 12 months from a mix of month-to-month and short-term rentals. Recent updates include HVAC modifications, a new mini-split for the studio, sealed crawl space with dehumidifier, Foamax insulation, and a 20-foot sewer line replacement. The back gate has been widened for easy access, and both HVAC systems were serviced in September 2024. With a certificate of occupancy post-renovation, this property is ready to generate income from day one.Located in a highly walkable area, this home is just minutes from Wilmington's booming Cargo District, a creative hub filled with breweries, coffee shops, boutiques, and repurposed shipping container spaces. It's also a short walk to Castle Street's thriving arts and dining scene, home to vintage shops, local galleries, and some of the city's most talked-about restaurants. Easy access to downtown, the Riverwalk, and area beaches makes this an ideal location for both residents and renters alike. Don't miss this prime investment in one of Wilmington's most sought-after areas!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size1,288 sqft
Lot size0.1 Acres
Year built1923
ParkingOn Street
MLS #100493789
Fireplace1

Summary

  • MLS Number: 100493789
  • Office Name: eXp Realty

IDX Copyright 2025 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 9:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style home featuring a porch and a front yard

$569,900

1504 Orange St

$6,768

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 14, 2023
Home Sold
$360,000

Tax history

YearAssessmentProperty Tax
2023$154,200$1,302
2022$154,200$1,310
2021$154,200$1,319
2020$98,900$1,041
2019$98,900$1,041
2018$98,900$1,041
2017$98,900$916

History based on county public records data.

Nearby schools

3

Annie H Snipes Academy of Arts & Design

Public Magnet KG-5

0.7 mi

2150 Chestnut St

2

Forest Hills Global Elementary School

Public District KG-5

0.9 mi

602 Colonial Dr

5

Douglass Academy

Public Charter KG-5

0.9 mi

507 N 6th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,500. The most common annual income of people living in Wilmington, NC is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

48%
<35k
43%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

56%
Single, No Kids
19%
Single, with Kids
18%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1504 Orange St

This home is located at 1504 Orange St in Wilmington, NC and zip code 28401 in the The Bottom neighborhood. This 1,288 square foot home, which was built in 1923, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $569,900.

In February 2025, from all listings sold in Wilmington, NC there were more than 24 sold above asking price, over 119 sold below and more than 50 were sold right at the asked price. In February 2025 in Wilmington, NC there were 10.4% more homes for sale than in January. In February 2025 median list price was $434,273 and the average listing age was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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