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$625,000 Just Listed
Property Description
Discover the charm and flexibility of this beautifully maintained, separately metered duplex located just five blocks from Wilmington's Historic Riverfront and one block from the Castle Street Arts District. Whether you're looking to live in one unit and rent the other, expand your investment portfolio, or explore short- or mid-term rental opportunities, this property offers endless potential. The downstairs unit features 2 bedrooms, 1.5 baths, hardwood floors, and a bright kitchen with tile floors and direct access to a private back deck-perfect for relaxing or entertaining. Upstairs, you'll find a spacious 1-bedroom, 1-bath apartment filled with natural light and character, complete with hardwoods throughout. Enjoy off-street parking via a shared driveway (with 716 S 5th), plus convenient street parking out front. Each unit has separate electric meters and its own entrance, providing privacy and easy management. Positioned in a rapidly appreciating area surrounded by development, this duplex combines historic charm, strong rental potential, and unbeatable location. Opportunities like this-so close to downtown dining, shops, and the Riverwalk-don't come around often. Live smart. Invest wisely. Welcome to 714 S 5th Street.
Full Property Details
Full Property Details for 714 S 5th Ave
General
- Price: $625,000
- Taxes: (2025)
- Status: Active
- Type: Duplex
- Source: 2253
- MLS ID: 100542379
- Updated: 5/13/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: High Ceilings, Wash/Dry Connect, Ceiling Fan(s)
- Appliances: Electric Cooktop
- Flooring: Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Laundry Closet
Additional Information
- Shared Amenities: Sidewalks
Exterior
- Exterior Features: None, Storm Doors
- Porch/Patio/Deck: Deck, Porch
Parking
- Parking Features: Off Street
Location
- County: New Hanover
- Subdivision: Not In Subdivision
- Driving Directions: Use Market St towards downtown, Turn Left on 5th Avenue; House is on right one block past Castle Street.
School Information
- Elementary School: Snipes
- Middle School: Williston
- High School: New Hanover
Community
- Units Assoc/Comm: 2
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer, Cape Fear Public Utility Authority
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Structure Type: Wood Frame
- Construction: Aluminum Siding, Wood Siding, Wood Frame
- Basement Desc.: None
- Roof: Shingle
- Doors: Storm Door(s)
- Stories/Levels: 2
- Square Feet: 1,946
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Dimensions: 34 x 167
- Frontage: City Street, State Road
- Zoning: R-3
- Fencing (Description): Wood
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $321.17
- Assessment Amount: $437,100
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Pt Lot 4 Blk 62 Wilm
- Property ID: R05409-019-014-000
Listed by REAL Broker LLC, Pinpoint Properties and REAL Broker LLC, Hannah B Babatunde
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Schools
Schools serving 714 S 5th Ave
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Annie H Snipes Elementary 2150 Chestnut Street, Wilmington, NC 28405 | K-5 | 1.5 mi |
Williston Middle 401 South 10th Street, Wilmington, NC 28401 | 6-8 | 0.5 mi |
New Hanover High 1307 Market Street, Wilmington, NC 28401 | 9-12 | 1 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 714 S 5th Ave
Date
Details
Price
Change
Source
5/13/2026
Listed
$625,000
—
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 714 S 5th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,572
35%
$437,100
100%
2024
$1,903
100%
$218,700
—
2023
-100%
$218,700
—
2021
$1,872
1%
$218,700
—
2022
$1,859
-1%
$218,700
34%
2021
$1,872
9%
$163,500
—
2019
$1,722
—
$163,500
—
2018
$1,722
—
$163,500
—
2017
$1,722
-18%
$163,500
-13%
2016
$2,090
5%
$188,600
—
2015
$1,997
5%
$188,600
—
2013
$1,894
—
$188,600
—
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 714 S 5th Ave
714 S 5th Avenue, Wilmington, NC 28401 (MLS# 100542379) is a Duplex property with 3 bedrooms and 0 full bathrooms. 714 S 5th Avenue is currently listed for $625,000 and was received on May 13, 2026. Want to learn more about 714 S 5th Avenue? Do you have questions about finding other Duplex 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.
