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Under contract
    • $699,000

    4911 Oleander Drive, Wilmington, NC 28403

    3beds
    2,614sqft
    : 
    $4,074/mo
    Get pre-qualified
    Single Family Residence
    Built in 1955
    0.45 Acres Lot
    $658,500 Zestimate®
    $267/sqft
    $-- HOA

    What's special

    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!
    60 days
    |
    249
    |
    17
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marcello Caliva and Associates 910-538-3063,

    Intracoastal Realty Corporation,

    Marcello M Caliva 910-538-3063,

    Intracoastal Realty Corporation

    Source: Hive MLS,MLS#: 100574328MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Master Bedroom, Bedroom 1, Bedroom 3, Living Room, Laundry, Bonus Room, Other
      Primary bedroom
      • Level: Main
      Bedroom 1
      • Level: Main
      Bedroom 3
      • Level: Main
      Bonus room
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Other
      • Level: Second
      Other
      • Level: Main
      Heating
      • Electric, Forced Air
      Cooling
      • Wall/Window Unit(s)
      Features
      • Bookcases, Apt/Suite, Built-in Features
      • Basement: None
      Interior area
      • Total structure area: 2,165
      • Total interior livable area: 2,614 sqft

      Property

      Parking
      • Parking features: Circular Driveway, Off Street
      • Has uncovered spaces: Yes
      Features
      • Levels: One and One Half
      • Patio & porch: Deck, Enclosed, Front Porch
      • Fencing: Partial
      • Has view: Yes
      • View description: See Remarks
      • Frontage type: See Remarks
      Lot
      • Size: 0.45 Acres
      Details
      • Parcel number: R06107007017000
      • Zoning: ROD
      • Special conditions: Probate Listing

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Wood Frame
      • Foundation: Crawl Space
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1955

      Utilities & green energy

      • Utilities for property: Cable Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Piney Woods
      HOA
      • Has HOA: No
      Location
      • Region: Wilmington

      Financial & listing details

      • Price per square foot: $267/sqft
      • Tax assessed value: $606,800
      • Annual tax amount: $3,571
      • Date on market: 5/15/2026
      • Cumulative days on market: 60 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $658,500

        $626,000 - $691,000

        $4,003/mo

        Price history

        DateEventPrice
        6/19/2026Contingent$699,000$267/sqft
        Source: Hive MLS #100574328 Report a problem
        5/15/2026Listed for sale$699,000$267/sqft
        Source: Hive MLS #100574328 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,571 -2%$606,800 +44.9%
        2024$3,644 +3%$418,900
        2023$3,540 -0.6%$418,900
        2022$3,561 -0.7%$418,900
        2021$3,585 +17.7%$418,900 +44.8%
        2020$3,046 $289,200
        2019$3,046 $289,200
        2018$3,046 $289,200
        2017$3,046 +92.7%$289,200 +102.7%
        2016$1,581 +4.6%$142,700
        2015$1,511 +4.4%$142,700
        2014$1,447 $142,700
        2013-- $142,700
        2012-- $142,700 +5%
        2011-- $135,939
        2010-- $135,939
        2009-- --
        2008-- --
        2007-- --
        2005-- $98,631
        2004-- $98,631
        2003-- $98,631
        2002-- $98,631
        2001-- $98,631
        2000-- $98,631
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Winter Park

        Getting around

        54 / 100
        Somewhat Walkable
        36 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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