$5,759 Closing Credit¹
#100488115, Listing Office: Better Homes and Gardens Real Estate Treasure III
$480,000 List price
402 S 5th Ave Wilmington, NC 28401
$5,700
Closing credit¹
3 beds
2 full
1,576 sqft
0.05 acres
$305 / sqft
House
Property details
About 402 S 5th Ave
Charm, Charm, Charm!Step into the timeless beauty of this charming downtown Wilmington home, where historic elegance meets modern comfort. As you approach, the spacious front covered porch welcomes you with its classic appeal and a distinguished historic plaque. Once inside, you'll be captivated by the grand foyer, featuring original ornate wainscoting and a beautifully preserved staircase -- a true testament to the home's 1903 craftsmanship.Known as the A.M. Wilson House and celebrated as a designated local landmark by the Historic Wilmington Foundation, this residence is most famously associated with Dolly Humphrey Pearson, whose legacy lives on in the memorial across South Fifth Avenue, honoring her beloved gardens.This home offers three inviting bedrooms, including a convenient downstairs bedroom, perfect for guests or versatile living arrangements. The newly remodeled kitchen is a chef's delight, complete with a spacious pantry and modern finishes that complement the home's historic charm.Relax and enjoy your morning coffee on one of the three covered porches or retreat to the tranquil backyard gazebo, surrounded by mature landscaping. With its unbeatable location, you're just a short stroll from the vibrant shopping, dining, entertainment, and nightlife of Downtown Wilmington.Great Opportunity: With its undeniable character and prime location, this property offers massive Airbnb and rental potential for those seeking a lucrative investment or the perfect vacation rental.Experience the allure of this historic gem -- schedule your private showing today!
Highlights
Home typeSingle Family Residence
HeatingFireplace(s), Heat Pump, Forced Air
StatusActive
CoolingCentral Air, Heat Pump
Size1,576 sqft
Lot size0.05 Acres
Year built1903
ParkingOn Street, Street Only
MLS #100497142
Fireplace1
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Washer, Range Hood, Electric Oven, Electric Stove, Refrigerator, Microwave, Ice Maker, Freezer, Dryer
- Basement: No
- Flooring Type: LVT/LVP, Wood, Tile
- Interior: 9Ft+ Ceilings, Smoke Detectors, Walk-in Shower, Foyer, Pantry, Furnished, Ceiling Fan(s), Blinds/Shades
- Fireplace: 1
- Total Bedroom Count: 3
- Attached Garage: No
- Private Pool: No
- Parking: On Street, Street Only
- Waterfront: None
- Exterior: Storm Windows
- Architectural Style: Historic District
- Heating: Fireplace(s), Heat Pump, Forced Air
- Cooling: Central Air, Heat Pump
- List Price: $480,000
- Price/SqFt: $304
- Annual Tax Amount: $986
- Tax Year: 2023
- Lot: Corner Lot
- Directions: Market Street downtown, left on S. 6th, go 1 block, right on Dock Street, go 1 block, left on S. 5th Ave. House on corner of 5th and Nun.
- Year Built: 1903
- Stories: 2
- Living Area: 1,576 SqFt
- Lot Size: 0.05 Acres
- MLS Number: 100497142
- Office Name: Bryant Real Estate
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: 5/8/2025, 3:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$480,000
402 S 5th Ave
$5,700
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 07, 2021 | Home Sold | $240,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $233,600 | $986 |
| 2022 | $233,600 | $992 |
| 2021 | $233,600 | $999 |
| 2020 | $225,100 | $1,185 |
| 2019 | $225,100 | $1,185 |
| 2018 | $225,100 | $1,185 |
| 2017 | $225,100 | $996 |
History based on county public records data.
Nearby schools
5
Douglass Academy
Public Charter KG-5
0.8 mi
•507 N 6th St
3
Annie H Snipes Academy of Arts & Design
Public Magnet KG-5
1.4 mi
•2150 Chestnut St
5
Sunset Park Elementary School
Public District KG-5
1.6 mi
•613 Alabama Ave
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 $37,211. The most common annual income of people living in Wilmington, NC is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
47%
<35k
49%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
72%
Single, No Kids
8%
Single, with Kids
13%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
5%
12-17 yrs old
34%
18-34 yrs old
41%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Continuing Education Courses
Soccer
Horse Races
Where do the neighbors shop?
Express/Express For Men
Forever 21
Stein Mart
Where do the neighbors go to eat?
Qdoba
Dominos Pizza
LongHorn Steakhouse
What do the neighbors drive?
Volkswagen
Mazda
Buick
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 402 S 5th Ave
The listing price of 402 S 5th Ave property is $480,000.
The property 402 S 5th Ave is a house located in Wilmington, North Carolina, 28401.
Active Listing: 402 S 5th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 402 S 5th Ave are: Douglass Academy (GreatSchools Rating 5/10), Annie H Snipes Academy of Arts & Design (GreatSchools Rating 3/10), Sunset Park Elementary School (GreatSchools Rating 5/10), The International School at Gregory (GreatSchools Rating 6/10), Williston Middle School (GreatSchools Rating 2/10), D.C. Virgo Preparatory Academy (GreatSchools Rating 1/10), New Hanover High School (GreatSchools Rating 3/10), Career Readiness Academy at Mosley Plc (GreatSchools Rating 4/10), Girls Leadership Academy of Wilmington (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $986 (source: MLS/based on county public records data).
The last sale was on April 7, 2021 for $240,000 (source: MLS/tax record).
The property at 402 S 5th Ave has 3 bedrooms and 2 bathrooms.
The property 402 S 5th Ave is 1,576 SqFt (source: MLS/tax record).
The year of construction for 402 S 5th Ave is 1903.
This home is located at 402 S 5th Ave in Wilmington, NC and zip code 28401 in the Old Wilmington neighborhood. This 1,576 square foot home, which was built in 1903, sits on a 0.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $480,000.
While more than 47 listings in Wilmington, NC in April 2025 were sold above asking price, there were more than 83 listings sold at asking price, and more than 183 were sold below. In April 2025 in Wilmington, NC there were 10.2% more homes for sale than in March. In April 2025 median list price was $436,350 and the average listing age was 46 days.
From Rocket Homes Real Estate and based on county public records data.