$525,000
$699,000
24.9%For more information regarding the value of a property, please contact us for a free consultation.
4911 Oleander DR Wilmington, NC 28403
3 Beds
4 Baths
2,614 SqFt
Key Details
Sold Price $525,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,614 sqft
Price per Sqft $200
Subdivision Piney Woods
MLS Listing ID 100574328
Sold Date 07/30/26
Style Wood Frame,Stick Built
Bedrooms 3
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1955
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions Irregular
Property Sub-Type Single Family Residence
Source Hive MLS
Property Description
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!
Location
State NC
County New Hanover
Community Piney Woods
Zoning ROD
Direction From Eastwood and Oleander, take Oleander Drive towards College Road. Property is on right a few houses before Pine Grove Drive.
Location Details Mainland
Rooms
Basement None
Primary Bedroom Level Primary Living Area
Interior
Interior Features Bookcases, Apt/Suite, Built-in Features
Heating Electric, Forced Air
Cooling Wall/Window Unit(s)
Exterior
Parking Features Circular Driveway, Off Street
Utilities Available Cable Available, Sewer Connected, Water Connected
View See Remarks
Roof Type Shingle
Porch Deck, Enclosed, Front Porch
Garage No
Building
Entry Level One and One Half
Foundation Crawl Space
Level or Stories 2
New Construction No
Schools
Elementary Schools Winter Park
Middle Schools Roland Grise
High Schools Hoggard
Others
Tax ID R06107-007-017-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Probate Listing
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Intracoastal Realty Corporation
NEARBY SCHOOLS & BUSINESSES