$1,800,000

416 N 5th Ave Unit 1 Wilmington, NC 28401

$10,000
Closing credit¹
12 beds
6 baths
5,367 sqft
0.3 acres
$335 / sqft
Multi-Family

Property details

About 416 N 5th Ave Unit 1

New Construction of Historical Home as Duplex and 2 New Construction Single Family Homes on Same Subdivided Lot in The Heart of Downtown's Historic District! Each has 3 Bedrooms, Wide Plank LVP Floors Throughout and Deco Tile in Bathrooms. White Soft Close Cabinetry, Quarts Countertops, High End Construction! Unit 1 on Airbnb approx 2500/month, Unit 2 leased for 2199/Month. Single Family Homes To Be Complete May 2025 should rent for at least 2500/month. Each unit can be purchased separately.

Highlights

Home typeQuadruplex
HeatingHeat Pump
StatusActive
CoolingCentral Air, Heat Pump
Size5,367 sqft
Lot size0.25 Acres
Year builtNew Const., 1920
ParkingGravel
MLS #100491889

Summary

  • MLS Number: 100491889
  • Office Name: Coldwell Banker Sea Coast Advantage

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: 4/16/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,800,000

416 N 5th Ave Unit 1

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

Douglass Academy

Public Charter KG-5

0.1 mi

507 N 6th St

3

Annie H Snipes Academy of Arts & Design

Public Magnet KG-5

1.3 mi

2150 Chestnut St

2

Rachel Freeman School of Engineering

Public Magnet KG-5

1.7 mi

2601 Princess Place Dr

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 $42,500. Typical income of Wilmington, NC residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

42%
<35k
50%
35k-100k
8%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

71%
Single, No Kids
11%
Single, with Kids
13%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
38%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • StarbucksStarbucks

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • PontiacPontiac

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

This home is located at 416 N 5th Ave Unit 1 in Wilmington, NC and zip code 28401 in the Hemenway neighborhood. This 5,367 square foot home, which was built in 1920, sits on a 0.25 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $1,800,000.

Over 31 listings were sold over their listed price in March 2025 in Wilmington, NC. In the same period over 159 listings were sold below the listed price and 58 listings were sold for the listed price. Between February and March 2025, Wilmington, NC real estate market has seen increase in the number of listings by 14.6%. The median list price of listings available in March 2025 was $439,251, while the average time on the real estate market was 50 days.

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

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