About This Home

This 3-bedroom, 2-bathroom single family at 5315 Andover Road in Wilmington, NC is listed for $375,000 ($326 per sqft). Built in 1964, the home offers 1,150 sqft of living space on a 0.46 acres lot.

Key Features

  • Built in 1964
  • 0.46 acre lot

Property Details

1 story
2 full
1964

Amenities

A/C
Listing Description

Great opportunity in an established central Wilmington location! This 3-bedroom, 2-bath brick ranch sits on a spacious approximately 0.46-acre lot and offers no HOA. The large lot provides plenty of outdoor space along with potential for an accessory dwelling unit (ADU), subject to applicable zoning and permitting requirements.

The home offers a functional layout, two full bathrooms, and the classic character of an established Wilmington neighborhood. Currently tenant-occupied at $2,100/month on a month-to-month basis, with the tenant interested in staying, making this an attractive option for an investor looking for immediate rental income.

It could also be a great opportunity for a future owner-occupant. Conveniently located near UNCW, shopping, dining, Wrightsville Beach, and downtown Wilmington. No HOA, large lot, ADU potential, solid rental history, and a desirable central location make this one worth a look. Owner is a licensed North Carolina real estate broker.

Monthly Cost Estimate

$2,006/mo

20% down · 6.5% · 30 years

Principal$271
Interest$1,625
Insurance$109

Estimates only. Actual payments may vary.

Location

5315 Andover Road

Wilmington, NC 28403

Green Acres

Property Details

Flooring

WoodLvt/lvp

Construction

Brick Veneer Wood Frame

Outdoor Features

PorchDeck

Parking

Off StreetPaved or Surfaced

Heating

Heat Pump (Heating)Electric (Heating)

Cooling

Central Air

Appliances

Electric OvenElectric Cooktop

Questions & Answers

This 3-bedroom, 2-bathroom single family at 5315 Andover Road is listed at $375,000 ($326/sqft). The estimated monthly payment is $2,005 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1964, 0.46 acre lot.

This property is listed by Mark C Reiser.

MR

Mark C Reiser

License 268791

Agent at Coastal Properties

Listed by Coastal Properties · Broker phone: (910) 264-1974 · View on Broker Site · Broker website

MLS# 100602750· Source: Hive MLS· 52 days on PropertySimple

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.

5315 Andover Road, Wilmington, NC 28403

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