Great opportunity in an established central Wilmington location! This 3-bedroom, 2-bath brick ranch sits on a spacious approximately 0.46-acre lot and offers no HOA. The large lot provides plenty of outdoor space along with potential for an accessory dwelling unit (ADU), subject to applicable zoning and permitting requirements.
The home offers a functional layout, two full bathrooms, and the classic character of an established Wilmington neighborhood. Currently tenant-occupied at $2,100/month on a month-to-month basis, with the tenant interested in staying, making this an attractive option for an investor looking for immediate rental income. It could also be a great opportunity for a future owner-occupant.
Conveniently located near UNCW, shopping, dining, Wrightsville Beach, and downtown Wilmington. No HOA, large lot, ADU potential, solid rental history, and a desirable central location make this one worth a look.
Owner is a licensed North Carolina real estate broker.
For sale
$375,000
5315 Andover Road, Wilmington, NC 28403
3beds
1,150sqft
Single Family Residence
Built in 1964
0.46 Acres Lot
$359,100 Zestimate®
$326/sqft
$-- HOA
What's special
- 13 days
- 663
- 76
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Mark C Reiser 910-352-6110,
Coastal Properties
Source: Hive MLS,MLS#: 100602750
Originating MLS: Cape Fear Realtors MLS, Inc.
Originating MLS: Cape Fear Realtors MLS, Inc.Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Cooktop
- Laundry: Laundry Closet
Features
- None
- Flooring: LVT/LVP, Wood
- Basement: None
- Attic: Pull Down Stairs
- Has fireplace: No
Interior area
- Total structure area: 1,150
- Total interior livable area: 1,150 sqft
Property
Parking
- Parking features: Unpaved, Off Street
Accessibility
- Accessibility features: None
Features
- Levels: One
- Patio & porch: Deck, Rear Porch
- Exterior features: None
- Pool features: None
- Fencing: Chain Link,Back Yard
- Has view: Yes
- View description: Creek/Stream
- Has water view: Yes
- Water view: Creek/Stream
- Frontage type: See Remarks
Lot
- Size: 0.46 Acres
- Features: Stream
Details
- Additional structures: Storage
- Parcel number: R05613003005000
- Zoning: R-15
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Veneer, Wood Frame
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Green Acres
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Wilmington
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $308,800
- Annual tax amount: $1,817
- Date on market: 9/10/2026
- Cumulative days on market: 13 days
- Listing agreement: Blanket Listing Agreement
- Listing terms: Cash,Conventional,VA Loan
Estimated market value
$359,100
$341,000 - $377,000
$2,196/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $375,000+87.5%$326/sqft |
Source:  Hive MLS #100602750 Report a problem | ||
| 2/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/18/2023 | Listed for rent | $2,100$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/4/2022 | Sold | $200,000-13%$174/sqft |
Source: Hive MLS #100303816 Report a problem | ||
| 12/8/2021 | Pending sale | $230,000-7.6%$200/sqft |
Source: Hive MLS #100303816 Report a problem | ||
| 9/29/2021 | Listing removed | -- |
Source: Hive MLS #100283043 Report a problem | ||
| 9/13/2021 | Price change | $249,000-2.4%$217/sqft |
Source: Hive MLS #100283043 Report a problem | ||
| 8/31/2021 | Listed for sale | $255,000$222/sqft |
Source: Hive MLS #100283043 Report a problem | ||
| 8/5/2021 | Pending sale | $255,000$222/sqft |
Source: Hive MLS #100283043 Report a problem | ||
| 8/4/2021 | Listed for sale | $255,000$222/sqft |
Source: Hive MLS #100283043 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,817 +3.2% | $308,800 +52.5% |
| 2024 | $1,762 +3% | $202,500 |
| 2023 | $1,711 +0.6% | $202,500 +1.2% |
| 2022 | $1,701 -0.7% | $200,100 |
| 2021 | $1,712 +8.6% | $200,100 +33.7% |
| 2020 | $1,577 | $149,700 |
| 2019 | $1,577 | $149,700 |
| 2018 | $1,577 | $149,700 |
| 2017 | $1,577 +13.3% | $149,700 +19.2% |
| 2016 | $1,392 +4.6% | $125,600 |
| 2015 | $1,330 +4.4% | $125,600 |
| 2014 | $1,274 | $125,600 |
| 2013 | -- | $125,600 |
| 2012 | -- | $125,600 -2.4% |
| 2011 | -- | $128,731 |
| 2010 | -- | $128,731 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | $82,577 |
| 2004 | -- | $82,577 |
| 2003 | -- | $82,577 |
| 2002 | -- | $82,577 |
| 2001 | -- | $82,577 |
| 2000 | -- | $82,577 |
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: Eastwind/Piney Acres
Nearby schools
Schools provided by the listing agent
- Elementary: College Park
- Middle: Williston
- 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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