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$375,000
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Property Description
Great opportunity in an established central Wilmington location! This 3-bedroom, 2-bath brick ranch sits on a spacious approximately 0.46-acre lot and offers no HOA. The large lot provides plenty of outdoor space along with potential for an accessory dwelling unit (ADU), subject to applicable zoning and permitting requirements. The home offers a functional layout, two full bathrooms, and the classic character of an established Wilmington neighborhood. Currently tenant-occupied at $2,100/month on a month-to-month basis, with the tenant interested in staying, making this an attractive option for an investor looking for immediate rental income. It could also be a great opportunity for a future owner-occupant. Conveniently located near UNCW, shopping, dining, Wrightsville Beach, and downtown Wilmington. No HOA, large lot, ADU potential, solid rental history, and a desirable central location make this one worth a look. Owner is a licensed North Carolina real estate broker.
Full Property Details
Full Property Details for 5315 Andover Rd
General
- Price: $375,000
- Taxes: $1,817 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100602750
- Updated: 9/11/2026
- Added to Site: 12 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: None
- Appliances: Electric Oven, Electric Cooktop
- Flooring: LVT/LVP, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: Laundry Closet
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Deck, Rear Porch
Parking
- Parking Features: Unpaved, Off Street
Location
- County: New Hanover
- Subdivision: Green Acres
School Information
- High School District: New Hanover
- Elementary School: College Park
- Middle School: Williston
- High School: Hoggard
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Brick Veneer, Wood Frame
- Basement Desc.: None
- Roof: Shingle
- Entry Floor Number: 1
- Square Feet: 1,150
- Year Built: 1964
- Property Condition: UpdatedRemodeled
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.46
- Lot Size (Sq. Ft.): 20,038
- Lot Dimensions: irregular
- Frontage: City Street, State Road
- Lot Features: Stream
- Zoning: R-15
- Fencing (Description): Chain Link, Back Yard
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $326.09
- Assessment Amount: $308,800
- Tax Amount: $1,817.29
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: R05613-003-005-000
- Property ID: R05613-003-005-000
- Lot Number: 64
Listed by Coastal Properties, Mark C Reiser
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Schools
Schools serving 5315 Andover Rd
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
College Park Elementary at Sidbury Road 5001 Oriole Drive, Wilmington, NC 28403 | K-5 | 1.2 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 4.4 mi |
John T Hoggard High 4305 Shipyard Boulevard, Wilmington, NC 28403 | 9-12 | 2.3 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 5315 Andover Rd
Date
Details
Price
Change
Source
9/10/2026
Listed
$375,000
87.5%
MLS
12/30/2021
Sold
$200,000
—
Public Record
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 5315 Andover Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,817
3%
$308,800
52%
2024
$1,762
3%
$202,500
—
2023
$1,711
—
$202,500
1%
2021
$1,712
1%
$200,100
—
2022
$1,701
-1%
$200,100
34%
2021
$1,712
9%
$149,700
—
2017
$1,577
13%
$149,700
19%
2016
$1,392
-12%
$125,600
-16%
2019
$1,577
19%
$149,700
19%
2015
$1,330
5%
$125,600
—
2013
$1,261
—
$125,600
—
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 5315 Andover Rd
5315 Andover Road, Wilmington, NC 28403 (MLS# 100602750) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5315 Andover Road is currently listed for $375,000 and was received on September 10, 2026. Want to learn more about 5315 Andover Road? Do you have questions about finding other Single Family real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.

