Investor opportunity in a growing Wilmington location. This 3 bedroom, 1.5 bath home sits on a spacious quarter acre lot and offers strong potential for renovation and resale. Property requires significant repairs and is being sold as-is, making it ideal for investors or buyers looking for a project. Conveniently located near shopping, dining, and UNCW. Cash or hard money preferred. Bring your vision and unlock the potential this property has to offer.
Cash only
buyers must use seller's attorney to close
Under contract
Price cut: $4.1K (5/19)
$159,900
426 Mercer Avenue, Wilmington, NC 28403
3beds
1,041sqft
Single Family Residence
Built in 1925
0.25 Acres Lot
$-- Zestimate®
$154/sqft
$-- HOA
What's special
Spacious quarter acre lot
- 72 days |
- 100 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Suzanne M Hoskins 843-997-6077,
Coldwell Banker Sea Coast Advantage-Midtown
Source: Hive MLS,MLS#: 100567616
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom 1, Bedroom 2, Bedroom 3, Living Room, Bathroom 1
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Bathroom 1
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric, Forced Air
Cooling
- Central Air
Features
- None
Interior area
- Total structure area: 1,041
- Total interior livable area: 1,041 sqft
Property
Parking
- Parking features: Off Street, Tandem
Features
- Levels: One
- Patio & porch: Porch
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
Lot
- Size: 0.25 Acres
- Dimensions: 209 x 52 x 209 x 52
Details
- Parcel number: R05505002029000
- Zoning: R-15
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Asbestos, Wood Frame, See Remarks
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $222,200
- Annual tax amount: $1,307
- Date on market: 4/16/2026
- Cumulative days on market: 72 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Seller not Owner
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,865/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Contingent | $159,900$154/sqft |
Source:  Hive MLS #100567616 Report a problem | ||
| 5/19/2026 | Price change | $159,900-2.5%$154/sqft |
Source: Hive MLS #100567616 Report a problem | ||
| 5/4/2026 | Listed for sale | $164,000-17.6%$158/sqft |
Source: Hive MLS #100567616 Report a problem | ||
| 3/7/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/14/2025 | Listed for sale | $199,000+1558.3%$191/sqft |
Source: Owner Report a problem | ||
| 2/1/1994 | Sold | $12,000$12/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,308 +20.1% | $222,200 +77.5% |
| 2024 | $1,089 +3% | $125,200 |
| 2023 | $1,058 -0.6% | $125,200 |
| 2022 | $1,064 -0.7% | $125,200 |
| 2021 | $1,071 +2.9% | $125,200 +26.7% |
| 2020 | $1,041 | $98,800 |
| 2019 | $1,041 | $98,800 |
| 2018 | $1,041 | $98,800 |
| 2017 | $1,041 +14.8% | $98,800 +20.8% |
| 2016 | $906 +4.6% | $81,800 |
| 2015 | $866 +4.4% | $81,800 |
| 2014 | $829 | $81,800 |
| 2013 | -- | $81,800 |
| 2012 | -- | $81,800 -14% |
| 2011 | -- | $95,090 |
| 2010 | -- | $95,090 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $37,614 |
| 2004 | -- | $37,614 |
| 2003 | -- | $37,614 |
| 2002 | -- | $37,614 |
| 2001 | -- | $37,614 |
| 2000 | -- | $37,614 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Old East Wilmington
Nearby schools
GreatSchools rating
- 5/10Forest Hills ElementaryGrades: K-5Distance: 0.5 mi
- 6/10Williston MiddleGrades: 6-8Distance: 1.6 mi
- 3/10New Hanover HighGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Forest Hills
- 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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