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About This Home

This 2-bedroom, 3-bathroom residential multi family at 5018 Oleander Drive in Wilmington, NC is listed for $979,000 ($274 per sqft). Built in 1954, the home offers 3,579 sqft of living space on a 0.46 acres lot.

Agent Description

Unique Opportunity in Midtown Wilmington. Discover a rare commercial mixed-use property located in the heart of Midtown Wilmington. This offering includes two buildings totaling approximately 3,900 square feet(3579 SF Heated and 347 SF enclosed), ideally situated on nearly half an acre along the high-visibility Oleander Drive corridor.

There is a store front, design studio and a one-bedroom apartment. Positioned within the RO (Residential Office) zoning district, the property allows for a wide range of both residential and commercial uses-making it perfect for entrepreneurs, investors, or those seeking a live/work environment.

The buildings have recently undergone a comprehensive renovation, featuring a flexible floor plan that can easily adapt to various business or residential needs. The layout and improvements provide excellent potential for office space, a small professional practice, creative studio, or a combination of uses. Currently owner-occupied, this property offers a unique opportunity for owner-users or as a turnkey investment in one of Wilmington's most central and accessible locations.

Key Features

  • Built in 1954
  • 0.46 acre lot

Property Details

1 story
2 full, 2 half
1954

Amenities

A/C

Monthly Cost Estimate

$5,236/mo

20% down · 6.5% · 30 years

Principal$708
Interest$4,242
Insurance$286

Estimates only. Actual payments may vary.

Location

5018 Oleander Drive

Wilmington, NC 28403

Piney Woods

Features & Amenities

Interior Features

Ceiling Fan(s)

Property Details

Flooring

TileVinyl

Construction

Brick Vinyl Siding Wood Frame

Pool Features

Porch

Parking

Off StreetDriveway

Heating

Electric (Heating)Propane (Heating)Forced Air

Cooling

Central Air

Appliances

Electric OvenRefrigeratorDishwasher

Questions & Answers

This 2-bedroom, 3-bathroom residential multi family at 5018 Oleander Drive is listed at $979,000 ($274/sqft). The estimated monthly payment is $4,242 based on 20% down at 6.5% interest.

Key features include: Built in 1954, 0.46 acre lot. Interior Features: Ceiling Fan(s).

This property is listed by Jeffrey G Hovis and can be reached at 9105122205 or jhovis@intracoastalrealty.com.

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JH

Jeffrey G Hovis

Agent at Intracoastal Realty Corp

(910) 512-2205

Listed by Intracoastal Realty Corp

MLS# 100516487· Source: listhub· Updated 285 days ago

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5018 Oleander Drive, Wilmington, NC 28403

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