Ad #7794879
MLS #100574328
Rare Live/Work Investment Opportunity in Wilmington's
4911 Oleander Dr, Wilmington, North Carolina, 28403
$699,000
3Beds
4Baths
2,614Sqft
0.450Acres
About this property
Rare Live/Work Investment Opportunity in Wilmington's Residential Overlay District! Discover unmatched flexibility and incredible income potential with this historic, multi-unit midtown property. Perfectly designed for modern versatility, this unique estate functions seamlessly as a primary residence, a professional office space, or a high-yielding multi-stream investment. The main home features an adaptable front layout ideal for living quarters or a customer-facing business. The rear of the main home includes its own separate entrance--while maintaining internal access--making it a perfect setup for an in-law suite, a private office, or an immediate rental unit. Step outside to find a completely detached Accessory Dwelling Unit (ADU) ready to generate secondary rental income or serve as a quiet detached workspace. Situated on a spacious 0.36-acre lot, the property benefits from highly desirable rear-alley access out to 51st Street and the traffic light for easy, safe ingress and egress. Located in the coveted Residential Overlay District (ROD), the zoning allows for a diverse range of residential, professional office, and medical uses. Whether you want to ''house hack'' and live rent-free, run your business from home, or add a powerhouse asset to your rental portfolio, this affordable ROD property delivers. Don't miss out on this exceptional piece of Wilmington real estate--schedule your tour today!
Property Features
3 Beds
4 Baths
2,614 Sqft
Built in 1955
0.450 Acres
2 Stories
Off Street, Driveway
Siding: Wood Siding, Wood Frame
Shingle Roof
Electric (Heating), Forced Air
$3,571 / yr property tax
New Hanover County
Piney Woods Community
Additional Photos
Contact Information
Marcello Caliva and Associates
Intracoastal Realty Corp
910-538-3063
Location
Listing Agent: Marcello Caliva and Associates 910-538-3063
Broker: Intracoastal Realty Corp 800-533-1840 Listing Site
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.
Broker: Intracoastal Realty Corp 800-533-1840 Listing Site
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.
BeachHouse.com
Printed Jul 24, 2026
Photo Gallery
$699,000
3
Beds
4
Baths
2,614
Sqft
4911 Oleander Dr, Wilmington, North Carolina, 28403
By contacting this agent you agree to these Terms and Conditions.
MLS# 100574328
Rare Live/Work Investment Opportunity in Wilmington's
$699,000
4911 Oleander Dr, Wilmington, North Carolina, 28403
3
Beds
4
Baths
2,614
Sqft
0.450
Acres
$699,000
4911 Oleander Dr, Wilmington, North Carolina, 28403
3 Beds
4 Baths
2,614 Sqft
0.450 Acres
Rare Live/Work Investment Opportunity in Wilmington's Residential Overlay District! Discover unmatched flexibility and incredible income potential with this historic, multi-unit midtown property. Perfectly designed for modern versatility, this unique estate functions seamlessly as a primary residence, a professional office space, or a high-yielding multi-stream investment. The main home features an adaptable front layout ideal for living quarters or a customer-facing business. The rear of the main home includes its own separate entrance--while maintaining internal access--making it a perfect setup for an in-law suite, a private office, or an immediate rental unit. Step outside to find a completely detached Accessory Dwelling Unit (ADU) ready to generate secondary rental income or serve as a quiet detached workspace. Situated on a spacious 0.36-acre lot, the property benefits from highly desirable rear-alley access out to 51st Street and the traffic light for easy, safe ingress and egress. Located in the coveted Residential Overlay District (ROD), the zoning allows for a diverse range of residential, professional office, and medical uses. Whether you want to ''house hack'' and live rent-free, run your business from home, or add a powerhouse asset to your rental portfolio, this affordable ROD property delivers. Don't miss out on this exceptional piece of Wilmington real estate--schedule your tour today!
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Property Details
HOME DETAILS
3 Beds
4 Baths
2,614 Sqft
Built in 1955
0.450 Acres
2 Stories
EXTERIOR
Off Street, Driveway
Siding: Wood Siding, Wood Frame
Shingle Roof
INTERIOR
Electric (Heating), Forced Air
FINANCIAL & COMMUNITY
$3,571 / yr property tax
New Hanover County
Piney Woods Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7794879
Viewed
10 times
Listing Status
Active Under Contract
Added
Jul 01, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM
Listing Information
Data Source
Hive MLS
Source Property ID
100574328
Listing Agent: Marcello Caliva and Associates 910-538-3063
Broker: Intracoastal Realty Corp 800-533-1840 Listing Site
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.
Broker: Intracoastal Realty Corp 800-533-1840 Listing Site
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.
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