Price Reduced Listing
$190,000
 $991 est/mo Sourced by Back At You

815 S 5th Avenue,Wilmington, NC 28401

Wilmington, NC 28401

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Description

Investor and builder opportunity! Situated on a 0.21-acre R-3 zoned lot, this property offers outstanding redevelopment potential with the possibility for higher-density residential development. Buyer to independently verify all zoning, permitted uses, density, setbacks, and development potential.

Details

MLS #100592941
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site20
Listing Provided ByEast Atlantic Realty LLC | Adam Hashem

Features

ZoningR-3
Acreage0.20

Exterior

TopographyCleared/Partial

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo

Utilities

UtilitiesSewer Connected

Taxes

Tax Assessed Value258800
Tax Book Number0
Tax Legal DescriptionPt Lots 4-5 Blk 49 Wilm
Tax Year2025

Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
Elementary SchoolSnipes
High SchoolHoggard
Listing VS Median (in 28401)
Price:
$190,000
low | high
Med:
$375,000
47.368421052632% of Average
On site:
20
low | high
Med:
94
21.276595744681% of Average
Sourced by Back At You

Market Activity 28401

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Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28401
Elementary SchoolSnipes
High SchoolHoggard
Listing VS Median (in 28401)
Price:
$190,000
low | high
Med:
$375,000
47.368421052632% of Average
On site:
20
low | high
Med:
94
21.276595744681% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $142K - $237K
sqft: 0 - 0
Listing Updated: August 19, 2026 at 11:37:38 PM PDT