# 509 Walnut Street, Wilmington, NC 28401

> **TL;DR:** 5bd/2ba residential multi family, $364,000 ($203/sqft), built 1920, 1,792 sqft.
> A/C. Est. $1,577/mo. Listed 5 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $364,000 |
| Price/sqft | $203 |
| Bedrooms | 5 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 1,792 |
| Year Built | 1920 |
| Lot Size | 3,049 sqft (0.07 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 5 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,577 |
| **Total** | **$1,577** |

## Nearby Schools

- **Elementary:** Snipes
- **Middle:** Williston
- **High:** New Hanover

## Key Amenities

- A/C

## Property Highlights

- Built in 1920
- 0.07 acre lot
- 2 stories

## Description

### Agent Description
This prime real estate opportunity in Downtown Wilmington, NC features a duplex with 3 bedrooms and 1.5 bathrooms in one unit and 2 Bedroom and 1 bath in the other. . Located in a high-demand area, this property is ideal for investors seeking robust rental yields or owner-occupants looking to live in one unit while generating income from the other.

## Location

- **Address:** 509 Walnut Street, Wilmington, NC 28401
- **County:** New Hanover
- **Neighborhood:** Rankin Place North
- **Coordinates:** 34.240556, -77.943293
- **Google Maps:** https://www.google.com/maps?q=34.240556,-77.943293

## Listing Agent

- **Name:** Jeffrey G Hovis
- **Brokerage:** Intracoastal Realty Corp
- **Phone:** 9105122205
- **Email:** jhovis@intracoastalrealty.com

## Primary Photo

![509 Walnut Street - Primary Photo](http://lh.rdcpix.com/b9c4302210cd34ff12b4906aeed4f919l-f2937319035r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/509-walnut-street-wilmington-nc-28401-00565058)*

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**MLS#:** 100565058 | **Updated:** 2026-04-26
**Source:** listhub

*Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/509-walnut-street-wilmington-nc-28401-00565058)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "509 Walnut Street, Wilmington, NC 28401",
  "description": "This prime real estate opportunity in Downtown Wilmington, NC features a duplex with 3 bedrooms and 1.5 bathrooms in one unit and 2 Bedroom and 1 bath in the other. . Located in a high-demand area, this property is ideal for investors seeking robust rental yields or owner-occupants looking to live in one unit while generating income from the other.",
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  "datePosted": "2026-04-26",
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  "numberOfRooms": 5,
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```