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.
For sale
$979,000
Wilmington, NC 28403
4beds
3baths
3,579sqft
Est.:
Triplex
Built in 1954
-- sqft lot
$-- Zestimate®
$274/sqft
$-- HOA
What's special
Store frontFlexible floor planNearly half an acreComprehensive renovationOne-bedroom apartmentDesign studio
- 281 days |
- 242 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: April 01, 2026 at 02:07pm
Listed by:
Jeffrey G Hovis 910-512-2205,
Intracoastal Realty Corp,
Lisa W Wayne 910-520-3856,
Intracoastal Realty Corp
Source: Hive MLS,MLS#: 100516487
Originating MLS: Inc.
Originating MLS: Inc.Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Dining room
- Features: Combination
Heating
- Propane, Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Electric Oven, Refrigerator, Dishwasher
- Laundry: Dryer Hookup, Washer Hookup, Hookup - Dryer
Features
- Ceiling Fan(s)
- Flooring: Tile, Vinyl
- Windows: Thermal Windows
- Basement: None
- Attic: Access Only
- Has fireplace: No
Interior area
- Total structure area: 3,579
- Total interior livable area: 3,579 sqft
Property
Parking
- Total spaces: 6
- Parking features: Shared Driveway, Additional Parking, Off Street
- Uncovered spaces: 6
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: Three Or More
- Stories: 1
- Patio & porch: Porch
- Exterior features: None
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Waterfront features: None
- Frontage type: See Remarks
Lot
- Size: 0.46 Acres
- Dimensions: 100 x 200
- Features: Level
Details
- Parcel number: R06108009001000
- Zoning: ROD
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick, Vinyl Siding, Wood Frame
- Foundation: Slab, Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Propane, Sewer Connected, Water Connected
Green energy
- Green verification: None
Community & HOA
Community
- Subdivision: Piney Woods
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $537,400
- Annual tax amount: $4,675
- Date on market: 6/30/2025
- Cumulative days on market: 281 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Listed for sale | $979,000+144.8%$274/sqft |
Source:  Hive MLS #100516487 Report a problem | ||
| 10/24/2018 | Sold | $400,000+73.9%$112/sqft |
Source: Public Record Report a problem | ||
| 6/17/2005 | Sold | $230,000+94.9%$64/sqft |
Source: Hive MLS #30348312 Report a problem | ||
| 11/21/2002 | Sold | $118,000$33/sqft |
Source: Hive MLS #30258344 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,599 -1.6% | $781,400 +45.4% |
| 2024 | $4,675 +3% | $537,400 |
| 2023 | $4,541 -0.6% | $537,400 |
| 2022 | $4,568 -0.7% | $537,400 |
| 2021 | $4,599 +32.2% | $537,400 +62.7% |
| 2020 | $3,478 | $330,200 |
| 2019 | $3,478 | $330,200 |
| 2018 | $3,478 | $330,200 |
| 2017 | $3,478 -8.9% | $330,200 -4.2% |
| 2016 | $3,818 +32.5% | $344,600 +26.6% |
| 2015 | $2,883 +4.4% | $272,200 |
| 2014 | $2,760 | $272,200 |
| 2013 | -- | $272,200 |
| 2012 | -- | $272,200 +6.5% |
| 2011 | -- | $255,578 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $78,845 |
| 2004 | -- | $78,845 |
| 2003 | -- | $78,845 |
| 2002 | -- | $78,845 |
| 2001 | -- | $78,845 |
| 2000 | -- | $78,845 |
BuyAbility℠ payment
Est. payment
$5,151/mo
Principal & interest
$4751
Property taxes
$400
More affordability tools
Climate risks
Neighborhood: Long Leaf Hills
Nearby schools
GreatSchools rating
- 8/10Winter Park Model ElementaryGrades: K-5Distance: 0.6 mi
- 4/10Roland-Grise Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10John T Hoggard HighGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Winter Park
- Middle: Roland Grise
- High: Hoggard
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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