Ad #7795436
MLS #100564082
A rare opportunity to own a 2-unit building WALKIG DISTANCE to
808 N 5th Ave, Wilmington, North Carolina, 28401
$859,000
6Beds
4Baths
2,455Sqft
0.120Acres
About this property
A rare opportunity to own a 2-unit building WALKIG DISTANCE to Live Oak amphitheater & all the best downtown attractions. The property next door at 810 N 5th just SOLD for $1,042,000....808 N 5th has same number of bedrooms & bathrooms. 808 N 5th also has much more off-street parking, big backyard & Unit # 1 is already fully furnished! Yet, we are priced significantly lower than the sale price for property next door! Great 1031 opportunity! Huge cash flow opportunities. Many options: Live in one unit & one. Or rent both. Many beautiful renovations were just completed at 808 N 5th including: A completely NEW KITCHEN with HUGH QUARTZ ISLAND, new cabinets, backsplash, pendant lighting, new appliances, all freshly refinished hardwood floors, new bathrooms with new vanities, lighting, fixtures , floors, & many more renovations. Unit #1 is fully furnished! It's a ''TURKEY '' ready to go. It's nicely furnished & has everything you need. Easy to show..e see all the new renovation... OUTSTANDING LOCATION in the Brooklyn Arts District, walking distance to all great downtown amenities: restaurants, concert venues, Riverwalk, Cape Fear Community College, parks marinas, breweries , the social district, etc... Built in the early 2000s these units have all the modern features that newer properties offer like open floor plans & suites w/ baths. Unlike many other downtown homes that are over 100 years old, & have many ''old house'' problems, this one was built in the 2000s to modern building codes & standards. VERY LOW MAINTENANCE 2-unit property. Each unit has 3 bedrooms & 2 baths. Some highlights include new kitchen, quartz countertops, new vanities, refinished hardwoods, new lighting, tons of off-street parking, a giant Charleston-Style Porch, suites w/ baths/ walk-in closets, tons of off-street parking, hardwood & LVP flooring, no carpet, full laundry room, an opportunity to build a detached garage, an amazing porch that looks down beautiful tree-lined 5th Ave & a big backyard! This property was designed & built as a modern 2-unit building. This is NOT like many other homes downtown that were single-family homes, an ''cut-up / converted'' into 2 awkward units. This was built as a 2-unit building. As mentioned, the home next door sold for $1,042,000. Many options are available with this 2-unit building. Unit #1 fully ready to go ! A similar, actively managed single unit on the street grossed over $48,000 in a prior year! Just for one unit. Current owner had a medium-term rental in Unit #1 for $3500 per month before all the recent renovations. So, it has even more potential now! Unit #2 has active cash flow. It has a great tenant that can stay, or go after couple months. There is great options & flexibility here! Live in one unit & rent one; use one unit for and rent Unit 2 long-term; or rent both for short / medium term. Rare opportunity to own a modern 2-unit building downtown in one of the best locations... Walking distance to everything.... This one won't last long..e see today while we are keeping the furnished unit vacant for serval weeks for showings....Very easy to show....Call for more details & info.
Property Features
6 Beds
4 Baths
2,455 Sqft
Built in 2002
0.120 Acres
2 Stories
Off Street
Siding: Vinyl Siding, Wood Frame
Shingle Roof
Electric (Heating), Forced Air, Heat Pump (Heating)
New Hanover County
Not In Subdivision Community
Additional Photos
Contact Information
Mike Lardieri
Homes For Sale in Wilmington
910-538-7767
Location
Listing Agent: Mike Lardieri (License #: 223101) 910-538-7767
Broker: Homes For Sale in Wilmington 910-538-7767 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: Homes For Sale in Wilmington 910-538-7767 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 22, 2026
Photo Gallery
$859,000
6
Beds
4
Baths
2,455
Sqft
808 N 5th Ave, Wilmington, North Carolina, 28401
By contacting this agent you agree to these Terms and Conditions.
MLS# 100564082
A rare opportunity to own a 2-unit building WALKIG DISTANCE to
$859,000
808 N 5th Ave, Wilmington, North Carolina, 28401
6
Beds
4
Baths
2,455
Sqft
0.120
Acres
$859,000
808 N 5th Ave, Wilmington, North Carolina, 28401
6 Beds
4 Baths
2,455 Sqft
0.120 Acres
A rare opportunity to own a 2-unit building WALKIG DISTANCE to Live Oak amphitheater & all the best downtown attractions. The property next door at 810 N 5th just SOLD for $1,042,000....808 N 5th has same number of bedrooms & bathrooms. 808 N 5th also has much more off-street parking, big backyard & Unit # 1 is already fully furnished! Yet, we are priced significantly lower than the sale price for property next door! Great 1031 opportunity! Huge cash flow opportunities. Many options: Live in one unit & one. Or rent both. Many beautiful renovations were just completed at 808 N 5th including: A completely NEW KITCHEN with HUGH QUARTZ ISLAND, new cabinets, backsplash, pendant lighting, new appliances, all freshly refinished hardwood floors, new bathrooms with new vanities, lighting, fixtures , floors, & many more renovations. Unit #1 is fully furnished! It's a ''TURKEY '' ready to go. It's nicely furnished & has everything you need. Easy to show..e see all the new renovation... OUTSTANDING LOCATION in the Brooklyn Arts District, walking distance to all great downtown amenities: restaurants, concert venues, Riverwalk, Cape Fear Community College, parks marinas, breweries , the social district, etc... Built in the early 2000s these units have all the modern features that newer properties offer like open floor plans & suites w/ baths. Unlike many other downtown homes that are over 100 years old, & have many ''old house'' problems, this one was built in the 2000s to modern building codes & standards. VERY LOW MAINTENANCE 2-unit property. Each unit has 3 bedrooms & 2 baths. Some highlights include new kitchen, quartz countertops, new vanities, refinished hardwoods, new lighting, tons of off-street parking, a giant Charleston-Style Porch, suites w/ baths/ walk-in closets, tons of off-street parking, hardwood & LVP flooring, no carpet, full laundry room, an opportunity to build a detached garage, an amazing porch that looks down beautiful tree-lined 5th Ave & a big backyard! This property was designed & built as a modern 2-unit building. This is NOT like many other homes downtown that were single-family homes, an ''cut-up / converted'' into 2 awkward units. This was built as a 2-unit building. As mentioned, the home next door sold for $1,042,000. Many options are available with this 2-unit building. Unit #1 fully ready to go ! A similar, actively managed single unit on the street grossed over $48,000 in a prior year! Just for one unit. Current owner had a medium-term rental in Unit #1 for $3500 per month before all the recent renovations. So, it has even more potential now! Unit #2 has active cash flow. It has a great tenant that can stay, or go after couple months. There is great options & flexibility here! Live in one unit & rent one; use one unit for and rent Unit 2 long-term; or rent both for short / medium term. Rare opportunity to own a modern 2-unit building downtown in one of the best locations... Walking distance to everything.... This one won't last long..e see today while we are keeping the furnished unit vacant for serval weeks for showings....Very easy to show....Call for more details & info.
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Property Details
HOME DETAILS
6 Beds
4 Baths
2,455 Sqft
Built in 2002
0.120 Acres
2 Stories
EXTERIOR
Off Street
Siding: Vinyl Siding, Wood Frame
Shingle Roof
INTERIOR
Electric (Heating), Forced Air, Heat Pump (Heating)
FINANCIAL & COMMUNITY
New Hanover County
Not In Subdivision Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7795436
Viewed
22 times
Listing Status
Active
Added
Jul 01, 2026
Last Refresh
Jul 21, 2026 03:44:27 PM
Listing Information
Data Source
Hive MLS
Source Property ID
100564082
Listing Agent: Mike Lardieri (License #: 223101) 910-538-7767
Broker: Homes For Sale in Wilmington 910-538-7767 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: Homes For Sale in Wilmington 910-538-7767 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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