$587,900

509 S 5th Ave Wilmington, NC 28401

$6,981
Closing credit¹
3 beds
2 full, 1 partial
1,762 sqft
0.07 acres
$334 / sqft
House

Property details

About 509 S 5th Ave

This stunning historic home has undergone a top-to-bottom renovation, seamlessly blending modern updates with timeless charm. From the restored exterior to the beautifully reimagined interior, every detail has been thoughtfully designed. The open-concept floor plan features soaring 9-foot ceilings, abundant natural light, and meticulously restored moldings that reflect the home's rich character.Located in the heart of Historic Downtown Wilmington, this property is just steps from the Castle Street Antique & Arts District, where you'll find an array of trendy cafes, restaurants, and unique shops. It's also just five blocks from the Cape Fear River and boat launch area, offering easy access to scenic waterfront strolls and outdoor activities.A rare bonus in the historic district, this home includes off-street parking and a separately deeded lot that backs up to Prices Alley--providing endless possibilities for expansion, a garden retreat, or investment potential.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air, Heat Pump
Size1,762 sqft
Lot size0.07 Acres
Year built1923
ParkingOff Street, Unpaved, On Street, On Site
MLS #100487987

Summary

  • MLS Number: 100487987
  • Office Name: Sky's the Limit 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: 3/14/2025, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring cooling unit and covered porch

$587,900

509 S 5th Ave

$6,981

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

0.9 mi

507 N 6th St

3

Annie H Snipes Academy of Arts & Design

Public Magnet KG-5

1.5 mi

2150 Chestnut St

5

Sunset Park Elementary School

Public District KG-5

1.5 mi

613 Alabama Ave

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 $37,211. Most Wilmington, NC residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

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 CoursesContinuing Education Courses
  • SoccerSoccer
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

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

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Frequently asked questions

About 509 S 5th Ave

This home is located at 509 S 5th Ave in Wilmington, NC and zip code 28401 in the Old Wilmington neighborhood. This 1,762 square foot home, which was built in 1923, sits on a 0.07 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $587,900.

In February 2025 more than 24 listings in Wilmington, NC were sold above the asking price. During the same period more than 50 listings were sold at asking price, while more than 119 were sold below. The number of listings in Wilmington, NC increased by 10.4% between January and February 2025. 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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