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About This Home

This 4-bedroom, 2-bathroom residential multi family at 515 S 7th Street in Wilmington, NC is listed for $325,000 ($244 per sqft). Built in 1935, the home offers 1,331 sqft of living space on a 0.08 acres lot.

Agent Description

Discover a unique investment property in downtown Wilmington! This charming duplex offers a total of 1,331 sq.ft. of living space. One side features 3 bedrooms and 1 bathroom, while the other is a 1 bedroom, 1 bath studio-style unit. The property is separately metered for electric, gas, and water, making it ideal for management.

An attractive opportunity for investors seeking rental income or an owner-occupant looking to live in one unit while renting the other, offering both flexibility and upside. Occupants enjoy a shared deck and backyard, and the home is situated on a walkable street close to parks, coffee shops, and dining options.

Key Features

  • Built in 1935
  • 0.08 acre lot

Property Details

1 story
2 full
1935

Amenities

A/C

Monthly Cost Estimate

$1,738/mo

20% down · 6.5% · 30 years

Principal$235
Interest$1,408
Insurance$95

Estimates only. Actual payments may vary.

Location

515 S 7th Street

Wilmington, NC 28401

Property Details

Construction

Asbestos Wood Frame

Pool Features

DeckPorch

Parking

On Street

Heating

Natural Gas

Cooling

Central Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 515 S 7th Street is listed at $325,000 ($244/sqft). The estimated monthly payment is $1,408 based on 20% down at 6.5% interest.

Key features include: Built in 1935, 0.08 acre lot.

This property is listed by Mallory Lane and can be reached at 9108992526 or mlane@intracoastalrealty.com.

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ML

Mallory Lane

Agent at Intracoastal Realty Corp

(910) 899-2526

Listed by Intracoastal Realty Corp · View on Broker Site

MLS# 100566202· Source: listhub· Updated 1 days ago

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.

515 S 7th Street, Wilmington, NC 28401

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