Skip main navigation
For sale
    • $600,000

    818 S 5th Avenue, Wilmington, NC 28401

    --beds
    0baths
    --sqft
    : 
    $3,496/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This fully entitled development site presents a rare opportunity to move directly into construction. Plans have been completed for a mixed-use building consisting of 10 residential units and 1 commercial space, allowing for a well-balanced income stream. The property has already undergone significant pre-development work, including completed site clearing and grading, installed utilities, and paid tree mitigation fees. With an active building permit in place, this offering significantly reduces timeline risk and carrying costs, positioning it as a highly efficient and shovel-ready investment.
    24 days
    |
    108
    |
    6
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Seth D Huntt 740-341-8624,

    Dominion Real Estate Group LLC

    Source: Hive MLS,MLS#: 100586857MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Features
      • Fencing: None
      Lot
      • Size: 8,276 Square Feet
      • Dimensions: 96 x 55
      • Features: Corner Lot
      • Topography: Cleared,Level
      Details
      • Additional structures: None
      • Parcel number: R05409028017000
      • Zoning: UMX
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Wilmington

      Financial & listing details

      • Tax assessed value: $330,100
      • Annual tax amount: $1,038
      • Date on market: 7/7/2026
      • Cumulative days on market: 25 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,447/mo

        Price history

        DateEventPrice
        7/7/2026Listed for sale$600,000+421.7%
        Source: Hive MLS #100586857 Report a problem
        4/18/2024Sold$115,000-4.2%
        Source: Hive MLS #100257342 Report a problem
        1/9/2024Pending sale$120,000
        Source: Hive MLS #100257342 Report a problem
        12/22/2022Listed for sale$120,000
        Source: Hive MLS #100257342 Report a problem
        11/24/2022Listing removed--
        Source: Hive MLS #100257342 Report a problem
        11/6/2022Listed for sale$120,000
        Source: Hive MLS #100257342 Report a problem
        8/11/2022Pending sale$120,000
        Source: Hive MLS #100257342 Report a problem
        4/16/2021Price change$120,000-25%
        Source: Hive MLS #100257342 Report a problem
        2/18/2021Listed for sale$160,000
        Source: Hive MLS #100257342 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,038 +42.2%$176,400 +110.3%
        2024$730 +3%$83,900
        2023$709 -0.6%$83,900
        2022$713 -0.7%$83,900
        2021$718 +15.9%$83,900 +42.7%
        2020$619 $58,800
        2019$619 $58,800
        2018$619 $58,800
        2017$619 -18.2%$58,800 -13.9%
        2016$757 +4.6%$68,300
        2015$723 +4.4%$68,300
        2014$693 $68,300
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Dry Pond/Lake Forest

        Getting around

        75 / 100
        Very Walkable
        36 / 100
        Some Transit
        80 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Wilmington Topics

                Search
                Updates
                Favorites
                Plan
                Inbox