Discover a unique investment property in downtown Wilmington! This charming duplex offers a total of 1,331 sq.ft. of living space. One side features 3 bedrooms and 1 bathroom, while the other is a 1 bedroom, 1 bath studio-style unit. The property is separately metered for electric, gas, and water, making it ideal for management. An attractive opportunity for investors seeking rental income or an owner-occupant looking to live in one unit while renting the other, offering both flexibility and upside. Occupants enjoy a shared deck and backyard, and the home is situated on a walkable street close to parks, coffee shops, and dining options.
Sold for $320,000
$320,000
515 S 7th Street, Wilmington, NC 28401
4beds
1,331sqft
Single Family Residence
Built in 1935
3,484 Square Feet Lot
$318,900 Zestimate®
$240/sqft
$2,109 Estimated rent
Home value
$318,900
$300,000 - $338,000
$2,109/mo
Zestimate® history
Owner options
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$1,873/mo
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Shared deck
Zillow last checked:
Listing updated:
Listed by:
Amber Harris 910-200-3723,
Intracoastal Realty Corporation
Bought with:
Graham Jackson, 331733
BlueCoast Realty Corporation
Source: Hive MLS,MLS#: 100566209
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Living Room, Master Bedroom, Bedroom 1, Bedroom 2, Family Room, Bedroom 3
Heating
- Gas Pack, Natural Gas
Cooling
- Central Air
Features
- None
Interior area
- Total structure area: 1,331
- Total interior livable area: 1,331 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Covered, Deck, Porch
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
Lot
- Size: 3,484 Square Feet
- Dimensions: 29 x 117
Details
- Parcel number: R05409007002000
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Asbestos, Wood Frame
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $374,800
- Annual tax amount: $2,205
- Date on market: 4/10/2026
- Cumulative days on market: 7 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Sold | $320,000-1.5%$240/sqft |
Source:  Hive MLS #100566209 Report a problem | ||
| 4/17/2026 | Pending sale | $325,000$244/sqft |
Source: Hive MLS #100566209 Report a problem | ||
| 4/10/2026 | Listed for sale | $325,000+103.1%$244/sqft |
Source: Hive MLS #100566202 Report a problem | ||
| 3/3/2020 | Listing removed | $1,050$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/22/2020 | Price change | $1,050-4.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/12/2020 | Price change | $1,095-4.8%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/25/2020 | Price change | $1,150-4.2%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/24/2019 | Price change | $1,200+37.1%$1/sqft |
Source: Owner Report a problem | ||
| 11/10/2019 | Listed for rent | $875$1/sqft |
Source: Owner Report a problem | ||
| 10/1/2019 | Sold | $160,000-5.3%$120/sqft |
Source: Hive MLS #100181478 Report a problem | ||
| 9/10/2019 | Listed for sale | $169,000$127/sqft |
Source: Bernard & Associates Realty #100181478 Report a problem | ||
| 9/1/2019 | Pending sale | $169,000$127/sqft |
Source: Bernard & Associates Realty #100181478 Report a problem | ||
| 8/22/2019 | Listed for sale | $169,000+98.8%$127/sqft |
Source: Bernard & Associates Realty #100181478 Report a problem | ||
| 3/1/2005 | Sold | $85,000$64/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,206 +42% | $374,800 +109.9% |
| 2024 | $1,554 +3% | $178,600 |
| 2023 | $1,509 -0.6% | $178,600 |
| 2022 | $1,518 -0.7% | $178,600 |
| 2021 | $1,528 +9.3% | $178,600 +34.6% |
| 2020 | $1,398 | $132,700 |
| 2019 | $1,398 | $132,700 |
| 2018 | $1,398 | $132,700 |
| 2017 | $1,398 -6.2% | $132,700 -1.3% |
| 2016 | $1,490 +4.6% | $134,500 |
| 2015 | $1,424 +4.4% | $134,500 |
| 2014 | $1,364 | $134,500 |
| 2013 | -- | $134,500 |
| 2012 | -- | $134,500 +17.4% |
| 2011 | -- | $114,600 |
| 2010 | -- | $114,600 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $72,818 |
| 2004 | -- | $72,818 |
| 2003 | -- | $72,818 |
| 2002 | -- | $72,818 |
| 2001 | -- | $72,818 |
| 2000 | -- | $72,818 |
Find assessor info on the county website
Neighborhood: Dry Pond/Lake Forest
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Annie H Snipes ElementaryGrades: K-5Distance: 1.3 mi
- 6/10Williston MiddleGrades: 6-8Distance: 0.3 mi
- 3/10New Hanover HighGrades: 9-12Distance: 0.7 mi
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
$318,900
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
$318,900
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