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Sold for $975,000
  • $975,000

    223 S 5th Avenue, Wilmington, NC 28401

    6beds
    4baths
    3,548sqft
    Duplex
    Built in 1903
    -- sqft lot
    $970,700 Zestimate®
    $275/sqft
    $2,303 Estimated rent

    Home value

    $970,700

    $903,000 - $1.04M

    $2,303/mo

    Zestimate® history
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    What's special

    Generous porchesCrown moldingExposed brickRich paint tonesLow-maintenance landscaping
    Reimagined from its 1903 bones, this 122-year-old duplex captures the spirit of historic Wilmington while offering flexible living in the heart of the Historic District. Just minutes from the Riverwalk, top dining, entertainment, and scenic waterfront views, it's perfectly positioned for those who value walkability and opportunity: live in one unit and rent the other, rent out both, or enjoy the entire home as a spacious single residence. Each unit offers grand living and dining spaces, three bedrooms, and two tiled baths. Original hardwoods run throughout, complemented by 9-foot ceilings, crown molding, and rich paint tones. Ten fireplaces throughout the home anchor each space with historic character, while glimpses of exposed brick reveal the craftsmanship beneath. An unfinished basement adds another layer of intrigue to the property, offering potential to be finished for additional living, storage, or a shared entertainment space for both units. Generous porches, low-maintenance landscaping, and a permanently staired attic complete the layout's thoughtful flow. After decades without residents, this home stands ready to begin its next chapter, inviting new life, new stories, and a renewed presence in one of Wilmington's most storied neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Reidi Troy 843-860-0012,

    Prosper Real Estate

    Bought with:

    Jeff Lesley, 271524

    Century 21 Vanguard

    Source: Hive MLS,MLS#: 100537963MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Rooms
    • Room types: Dining Room
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Vented Exhaust Fan, Electric Oven, Electric Cooktop, Refrigerator, Disposal, Dishwasher, Tankless Water Heater
    • Laundry: Dryer Hookup, Washer Hookup, Laundry Closet, Laundry Room, Hookup - Dryer
    Features
    • Master Downstairs, High Ceilings, Wash/Dry Connect, Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower
    • Flooring: Tile, Wood
    • Basement: Dirt Floor,Unfinished
    • Attic: Permanent Stairs
    Interior area
    • Total structure area: 3,548
    • Total interior livable area: 3,548 sqft

    Property

    Parking
    • Parking features: Asphalt, On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Porch, Balcony
    • Exterior features: Balcony
    • Fencing: None
    • Has view: Yes
    • View description: See Remarks
    • Frontage type: See Remarks
    Lot
    • Size: 2,910 Square Feet
    • Dimensions: 35.5 x 82
    • Features: Corner Lot
    Details
    • Parcel number: R05405013006000
    • Zoning: HD-R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick, Wood Siding, Wood Frame
    • Foundation: Basement, Crawl Space
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1903

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Historic District
    HOA
    • Has HOA: No
    Location
    • Region: Wilmington

    Financial & listing details

    • Price per square foot: $275/sqft
    • Tax assessed value: $143,800
    • Annual tax amount: $846
    • Date on market: 11/29/2025
    • Cumulative days on market: 126 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/17/2026Listing removed$697,000-28.5%$196/sqft
    Source: Hive MLS #100413807 Report a problem
    4/10/2026Sold$975,000-7.1%$275/sqft
    Source: Hive MLS #100537963 Report a problem
    3/9/2026Contingent$1,050,000$296/sqft
    Source: Hive MLS #100537963 Report a problem
    11/29/2025Listed for sale$1,050,000-2.3%$296/sqft
    Source: Hive MLS #100537963 Report a problem
    11/20/2025Listing removed$1,075,000$303/sqft
    Source: Hive MLS #100537963 Report a problem
    11/12/2025Contingent$1,075,000$303/sqft
    Source: Hive MLS #100537963 Report a problem
    11/7/2025Price change$1,075,000-1.4%$303/sqft
    Source: Hive MLS #100537963 Report a problem
    10/27/2025Listed for sale$1,090,000+56.4%$307/sqft
    Source: Hive MLS #100537963 Report a problem
    5/8/2024Listing removed--
    Source: Hive MLS #100413807 Report a problem
    4/24/2024Listed for sale$697,000$196/sqft
    Source: Hive MLS #100413807 Report a problem
    4/12/2024Pending sale$697,000$196/sqft
    Source: Hive MLS #100413807 Report a problem
    2/4/2024Price change$697,000-1.8%$196/sqft
    Source: Hive MLS #100413807 Report a problem
    11/8/2023Listed for sale$710,000+100%$200/sqft
    Source: Hive MLS #100413807 Report a problem
    2/11/2022Sold$355,000-11.3%$100/sqft
    Source: Hive MLS #100302528 Report a problem
    2/4/2022Pending sale$400,000$113/sqft
    Source: Hive MLS #100302528 Report a problem
    12/20/2021Listed for sale$400,000$113/sqft
    Source: Hive MLS #100302528 Report a problem
    12/5/2021Pending sale$400,000$113/sqft
    Source: Hive MLS #100302528 Report a problem
    11/27/2021Price change$400,000-84%$113/sqft
    Source: Hive MLS #100302528 Report a problem
    1/23/2021Pending sale$2,500,000$705/sqft
    Source: Hive MLS #100246260 Report a problem
    11/20/2020Listed for sale$2,500,000$705/sqft
    Source: Keller Williams Realty #100246260 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$846 -53.6%$143,800 -31.4%
    2024$1,824 +58.3%$209,700 +53.7%
    2023$1,153 -70.5%$136,400 -70.3%
    2022$3,903 -0.7%$459,200
    2021$3,930 +7.7%$459,200 +32.6%
    2020$3,648 $346,300
    2019$3,648 $346,300
    2018$3,648 $346,300
    2017$3,648 +32%$346,300 +38.9%
    2016$2,763 +4.6%$249,400
    2015$2,641 +4.4%$249,400
    2014$2,529 $249,400
    2013-- $249,400
    2012-- $249,400 -2.7%
    2011-- $256,279
    2010-- $256,279
    2009-- --
    2008-- --
    2007-- --
    2005-- $228,005 +0.1%
    2004-- $227,772
    2003-- $227,772
    2002-- $227,772 -13.2%
    2001-- $262,545
    2000-- $262,545
    Find assessor info on the county website

    Neighborhood: Old Wilmington

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Snipes
    • Middle: Williston
    • High: New Hanover

    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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    Estimated market value
    $970,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $970,700