815 S 5th Avenue, Wilmington, NC, 28401
About This Home
Opportunity awaits at 815 S. 5th Street, Wilmington, NC 28401. This 2-bedroom, 1.5-bath home is being sold AS IS and is full of potential for investors, flippers, or buyers looking to renovate and build equity in one of Wilmington's fastest-growing areas. Conveniently located just minutes from Historic Downtown Wilmington, the Riverwalk, shopping, restaurants, and area beaches, this property offers an excellent opportunity as a primary residence, rental, or investment project. With an acceptable offer, the seller will install a brand-new mini-split HVAC system prior to closing, adding immediate value and comfort. Bring your vision and unlock this home's potential. Sold AS IS with endless possibilities--don't miss your chance to invest in a prime Wilmington location!
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Crawl Space
- Roof: Shingle
- Construction materials: Wood Siding,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- None
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 960
- Total interior livable area: 960 sqft
Property
Details
- Parcel number: R05409027007000
- Zoning: R-3
- Special condition: Standard
Features
- Levels: One
- Patio & porch: None
- Fencing: None
- Has view: Yes
- View description: None
- Frontage type: See Remarks
- Living area range: 800 - 999
Lot
- Lot size: 8,712 sqft
- Lot size dimensions: Irregular
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Winter Weather
- Ice Storm
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New Hanover County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,264 | $15,168 |
| Home Insurance * | $70 | $840 |
| Property Taxes | $116 | $1,392 |
| Electricity | $200 | $2,405 |
| Total | $1,650 | $19,800 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Price change | $250,000 |
| 2026-08-11 | Price change | $190,000 |
| 2026-07-31 | Listed for sale | $250,000 |
| 2026-05-22 | Sold | $135,000 |
| 2026-04-03 | Contingent | $223,000 |
| 2026-02-12 | Price change | $223,000 |
| 2025-11-10 | Listed for sale | $234,000 |
| 2024-12-30 | Sold | $208,000 |
| 2021-03-18 | Listing removed | -- |
| 2019-11-28 | Listing removed | $1,050 |
| 2019-10-11 | Price change | $1,050 |
| 2019-09-27 | Listed for rent | $1,250 |
| 2018-03-15 | Sold | $90,000 |
| 2018-01-28 | Pending sale | $95,000 |
| 2017-08-03 | Price change | $95,000 |
| 2017-07-15 | Listed for sale | $100,000 |
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