Date
Details
Price
Change
Source
5/13/2026
Listed
$624,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
No photo available
$624,500 Coming Soon
Property Description
This Beautiful Duplex in the Historical District has been renovated from Stem to Stern! All NEW: Historic Preservation-approved Windows & Siding, structural repair where needed, Exterior & Interior Paint, Complete Electrical rewire, plus additional Insulation. Newer Roof (2024) and One of the HVAC units (2024). The Red Oak Hardwoods have been brought back to their glory... Gorgeous Custom cabinetry and quartz countertops in the kitchens and baths for both Units. Other esthetic details include Designer tile, custom crown and trim work and glass door knobs. A 1/2 bath was added in the downstairs unit. You will find 2 bedrooms and 1.5 baths in the downstairs unit and 2 bedrooms + office and 1 bathroom in the upstairs unit. Utilities have been separated (2 meters for both water and electric) to help provide great income potential whether renting both units or living in one and renting out the other. There are spacious and private back decks on both levels and a large back yard for off street parking and outside enjoyment. A termite bond is in place for peace of mind. This charmer is only one block from the fabulous Castle Street District and a short stroll to the Cape Fear River. Come check out this gem!
Full Property Details
Full Property Details for 505 S 5th Ave
General
- Price: $624,500
- Taxes: $2,620 (2025)
- Status: Coming Soon
- Type: Duplex
- Source: 2253
- MLS ID: 100573538
- Updated: 5/13/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Master Downstairs, High Ceilings, Solid Surface, Kitchen Island, Ceiling Fan(s), Eat-in Kitchen
- Appliances: Vented Exhaust Fan, Refrigerator, Ice Maker, Dishwasher, Convection Oven
- Furnishings: Unfurnished
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Primary Living Area
Other Rooms
- Eat-in kitchen: Yes
- Laundry: Dryer Hookup, Washer Hookup
Exterior
- Exterior Features: DP50 Windows
- Porch/Patio/Deck: Covered, Deck, Balcony, Front Porch, Rear Porch
Parking
- Parking Features: Off Street
Location
- County: New Hanover
- Subdivision: Historic District
- Driving Directions: Head West on Market, left on 5th Ave. House is on the 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, Ceiling Fan(s), Multi Units
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Architectural Style: Historic District
- Structure Type: Duplex, Wood Frame, Stick Built
- Construction: Wood Siding, Wood Frame
- Basement Desc.: None
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Square Feet: 1,816
- Year Built: 1903
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,286
- Lot Dimensions: 106 x 31
- Frontage: City Street, State Road
- Lot Features: Level
- Zoning: HD-R
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $343.89
- Assessment Amount: $445,300
- Tax Amount: $2,620.59
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: PT MW END 2 BLK 91
- Property ID: R05405-036-013-000
Listed by Wit Realty LLC, Louisa D Murray
We Value Your Privacy
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Listing agent
— 505 S 5th Ave —
Louisa D Murray
Wit Realty LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 505 S 5th Ave
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 1.4 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 0.4 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 0.8 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 505 S 5th Ave
Tax History
Tax History for 505 S 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,621
42%
$445,300
57%
2024
$1,849
-23%
$283,400
—
2023
$2,395
-1%
$283,400
—
2021
$2,425
1%
$283,400
—
2022
$2,409
-1%
$283,400
-3%
2021
$2,425
-21%
$291,600
—
2017
$3,072
31%
$291,600
37%
2016
$2,351
-23%
$212,200
-27%
2019
$3,072
37%
$291,600
37%
2015
$2,247
4%
$212,200
—
2014
$2,152
1%
$212,200
—
2013
$2,130
—
$212,200
—
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 505 S 5th Ave
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505 S 5th Avenue, Wilmington, NC 28401 (MLS# 100573538) is a Duplex property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 505 S 5th Avenue is currently listed for $624,500 and was received on May 13, 2026. Want to learn more about 505 S 5th Avenue? Do you have questions about finding other Duplex real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.