$6,591 Closing Credit¹
#100505248, Listing Office: Dram Tree Realty
$582,900 List price
509 S 5th Ave Wilmington, NC 28401
$6,922
Closing credit¹
3 beds
2 full, 1 partial
1,762 sqft
0.07 acres
$331 / 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
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Oven, Electric Stove, Refrigerator, Microwave
- Flooring Type: LVT/LVP
- Interior: 9Ft+ Ceilings, Security System, Solid Surface, Smoke Detectors, Pantry, Ceiling Fan(s)
- Fireplace: None
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Off Street, Unpaved, On Street, On Site
- Architectural Style: Historic District
- Heating: Heat Pump
- Cooling: Central Air, Heat Pump
- List Price: $582,900
- Price/SqFt: $330
- Directions: Market Street to S. 5th Ave. Make U-Turn at Castle. House is on the right.
- Year Built: 1923
- Stories: 2
- Living Area: 1,762 SqFt
- Lot Size: 0.07 Acres
- MLS Number: 100487987
- Office Name: Sky's the Limit Realty
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: 5/31/2025, 10:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$582,900
509 S 5th Ave
$6,922
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.
Neighborhood
The neighbors living near this home have an average income of $37,211. Residents of Wilmington, NC typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically 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 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 509 S 5th Ave
The listing price of 509 S 5th Ave property is $582,900.
The property 509 S 5th Ave is a house located in Wilmington, North Carolina, 28401.
Active Listing: 509 S 5th Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 509 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), Williston Middle School (GreatSchools Rating 2/10), The International School at Gregory (GreatSchools Rating 6/10), 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).
The property at 509 S 5th Ave has 3 bedrooms and 2 full and 1 half bathrooms.
The property 509 S 5th Ave is 1,762 SqFt (source: MLS/tax record).
The year of construction for 509 S 5th Ave is 1923.
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 $582,900.
In April 2025 more than 47 listings in Wilmington, NC were sold above the asking price. During the same period more than 83 listings were sold at asking price, while more than 183 were sold below. Between March and April 2025, Wilmington, NC real estate market has seen increase in the number of listings by 10.2%. In April 2025, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $436,350.
From Rocket Homes Real Estate and based on county public records data.