$415,514

705 Mcrae St Wilmington, NC 28401

$4,934
Closing credit¹
3 beds
2 full, 1 partial
1,658 sqft
0.05 acres
$251 / sqft
House

Property details

About 705 Mcrae St

Welcome to 705 McRae St, a stylish 2023-built home in the heart of downtown Wilmington! This versatile property is perfect as a primary residence or continued use as an income-producing investment, offering a prime location near the Live Oak Pavilion, Brooklyn Arts District, and all the dining, shopping, and entertainment downtown has to offer.Step inside to find 9-foot ceilings and an inviting open-concept layout featuring granite countertops and luxury vinyl plank flooring throughout. A standout feature of this home is the two-story covered porches--with the top-floor porch serving as a private retreat off the primary suite, perfect for relaxing with a morning coffee or evening breeze.Situated on a growing, up-and-coming block, this home offers the opportunity to be part of a thriving and evolving downtown community. Plus, off-street parking--a rare downtown perk--adds even more convenience.Whether you're looking for a turn-key investment or a stylish home in the heart of Wilmington, this property delivers. Don't miss out--schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingCentral Air
Size1,658 sqft
Lot size0.05 Acres
Year built2023
ParkingOff Street, Paved, On Street, On Site
MLS #100494235

Summary

  • MLS Number: 100494235
  • Office Name: Sound and Sea Realty LLC

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: 4/18/2025, 12:55:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with a patio area, a balcony, a front lawn, and a fenced backyard

$415,514

705 Mcrae St

$4,934

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 17, 2023
Home Sold
$158,000

Tax history

YearAssessmentProperty Tax
2023$38,800$327
2022$38,800$-
2021$38,800$-
2020$15,100$159
2019$15,100$159
2018$15,100$159
2017$15,100$217

History based on county public records data.

Nearby schools

5

Douglass Academy

Public Charter KG-5

0.2 mi

507 N 6th St

3

Annie H Snipes Academy of Arts & Design

Public Magnet KG-5

1.2 mi

2150 Chestnut St

2

Rachel Freeman School of Engineering

Public Magnet KG-5

1.5 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 $14,095. The majority of Wilmington, NC residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

84%
<35k
12%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

51%
Single, No Kids
29%
Single, with Kids
12%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 705 Mcrae St

This home is located at 705 Mcrae St in Wilmington, NC and zip code 28401 in the Northside neighborhood. This 1,658 square foot home, which was built in 2023, sits on a 0.05 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $415,514.

While more than 31 listings in Wilmington, NC in March 2025 were sold above asking price, there were more than 58 listings sold at asking price, and more than 159 were sold below. The number of listings in Wilmington, NC increased by 14.6% between February and March 2025. Listings spent 50 days on the market in March 2025, and had a median list price of $439,251 during the same period.

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

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