#100492724, Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties
1504 Orange St Wilmington, NC 28401
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
Summary
- MLS Number: 100493789
- Office Name: eXp Realty
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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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$569,900
1504 Orange St
$6,768
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 14, 2023 | Home Sold | $360,000 |
Tax history
Year | Assessment | Property 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.
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.
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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.