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$164,000
Property Description
Investor opportunity in a growing Wilmington location. This 3 bedroom, 1.5 bath home sits on a spacious quarter acre lot and offers strong potential for renovation and resale. Property requires significant repairs and is being sold as-is, making it ideal for investors or buyers looking for a project. Conveniently located near shopping, dining, and UNCW. Cash or hard money preferred. Bring your vision and unlock the potential this property has to offer. Cash only buyers must use seller's attorney to close
Full Property Details
Full Property Details for 426 Mercer Ave
General
- Price: $164,000
- Taxes: $1,307 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100567616
- Updated: 5/13/2026
- Added to Site: 28 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Exterior
- Porch/Patio/Deck: Porch
Parking
- Parking Features: Off Street, Tandem
Location
- County: New Hanover
- Subdivision: Not In Subdivision
- Driving Directions: From Market St, turn onto Kerr Ave. Continue on Kerr Ave and turn onto Mercer Ave. Property will be on your left.
School Information
- High School District: New Hanover
- Elementary School: Forest Hills
- Middle School: Williston
- High School: New Hanover
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Forced Air
Utilities
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Asbestos, Wood Frame
- Roof: Shingle
- Entry Floor Number: 1
- Square Feet: 1,041
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Dimensions: 209 x 52 x 209 x 52
- Frontage: Maintained, City Street, State Road, Paved, Paved
- Zoning: R-15
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $157.54
- Assessment Amount: $222,200
- Tax Amount: $1,307.65
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: Seller not Owner
- Legal Description: W Mercer Pl Blk 14 Lt 3
- Property ID: R05505-002-029-000
Listed by Coldwell Banker Sea Coast Advantage-Midtown, Suzanne M Hoskins
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Schools
Schools serving 426 Mercer Ave
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Forest Hills Elementary 602 Colonial Drive, Wilmington, NC 28403 | K-5 | 0.5 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 1.7 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 426 Mercer Ave
Date
Details
Price
Change
Source
4/16/2026
Listed
$164,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 426 Mercer Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,308
100%
$222,200
77%
2024
100%
$125,200
—
2023
-100%
$125,200
—
2022
$1,064
100%
$125,200
27%
2021
-100%
$98,800
—
2019
$1,041
—
$98,800
—
2018
$1,041
—
$98,800
—
2017
$1,041
15%
$98,800
21%
2016
$906
5%
$81,800
—
2015
$866
5%
$81,800
—
2013
$821
—
$81,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 426 Mercer Ave
426 Mercer Avenue, Wilmington, NC 28403 (MLS# 100567616) is a Single Family property with 3 bedrooms and 1 full bathroom. 426 Mercer Avenue is currently listed for $164,000 and was received on April 16, 2026. Want to learn more about 426 Mercer Avenue? Do you have questions about finding other Single Family real estate for sale in Chestnut Heights - Princess Place? You can browse all Chestnut Heights - Princess Place real estate or contact a Coldwell Banker agent to request more information.
