402 S 5th Avenue, Wilmington, NC 28401 – MLS# 100497142

Property Map

$480,000 – 402 S 5th Avenue, Wilmington, NC 28401

Street View

$480,000
3 Beds
2 Baths
1,576 SqFt
0.05 Acre Lot
2,004 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1903
Neighborhood Historic District
Days on Website 36

Courtesy of Nathan A Pelsh, Bryant Real Estate

Description

Charm, Charm, Charm!Step into the timeless beauty of this charming downtown Wilmington home, where historic elegance meets modern comfort. As you approach, the spacious front covered porch welcomes you with its classic appeal and a distinguished historic plaque. Once inside, you’ll be captivated by the grand foyer, featuring original ornate wainscoting and a beautifully preserved staircase — a true testament to the home’s 1903 craftsmanship.Known as the A.M. Wilson House and celebrated as a designated local landmark by the Historic Wilmington Foundation, this residence is most famously associated with Dolly Humphrey Pearson, whose legacy lives on in the memorial across South Fifth Avenue, honoring her beloved gardens.This home offers three inviting bedrooms, including a convenient downstairs bedroom, perfect for guests or versatile living arrangements. The newly remodeled kitchen is a chef’s delight, complete with a spacious pantry and modern finishes that complement the home’s historic charm.Relax and enjoy your morning coffee on one of the three covered porches or retreat to the tranquil backyard gazebo, surrounded by mature landscaping. With its unbeatable location, you’re just a short stroll from the vibrant shopping, dining, entertainment, and nightlife of Downtown Wilmington.Great Opportunity: With its undeniable character and prime location, this property offers massive Airbnb and rental potential for those seeking a lucrative investment or the perfect vacation rental.Experience the allure of this historic gem — schedule your private showing today!

HOA Amenities

Property Details and Features

Possession

  • At Closing

Property Access

  • Road Type/Frontage: Paved,Public (City/Cty/St)

Appliances & Equipment

  • Dishwasher
  • Washer
  • Vent Hood
  • Stove/Oven – Electric
  • Refrigerator
  • Microwave – Built-In
  • Ice Maker
  • Freezer
  • Dryer

Attic Information

  • Floored – Partial
  • Stairs – Pull Down

Basement

  • None

Bathrooms

  • 2 total bathrooms
  • 2 full bathrooms

Bedrooms

  • 3 bedrooms

Building

  • Heated SqFt Range: 1400 – 1599
  • 1,576 heated sqft
  • Built in 1903
  • 2 stories
  • 8 rooms
  • Construction: Wood Frame
  • Porch/Balcony/Deck: Covered,Porch
  • Stories/Levels: Two

Cooling

  • Central
  • Heat Pump

Dining Room

  • Dining Room Type: Combination

Exterior Features

  • Exterior Features: Storm Windows
  • Exterior Finish: Wood Siding

Fence

  • Partial
  • Wood

Fireplaces

  • 1

Floors

  • LVT/LVP
  • Wood
  • Tile

Foundation

  • Crawl Space

Water Features

  • Electric

Heating

  • Fireplace Insert
  • Heat Pump
  • Forced Air

Home Owner’s Association

  • HOA Amenities: No Amenities

Interior Features

  • 9Ft+ Ceilings
  • Smoke Detectors
  • Walk-in Shower
  • Foyer
  • Pantry
  • Furnished
  • Ceiling Fan(s)
  • Blinds/Shades

Laundry

  • Laundry Location: Room

Listing

  • Listed on 2025-03-27
  • Construction Type: Stick Built
  • List Price/SqFt: $305
  • Terms: Cash,USDA Loan,VA Loan,FHA,Conventional

Location

  • County: New Hanover
  • Zip Code: 28401
  • Latitude: 34.230582
  • Longitude: -77.942995
  • Subdivision: Historic District
  • City Limits: Yes

Lot

  • 2,004 sqft lot
  • Lot Dimensions: 33x60x33x60
  • 0.05 acres
  • Lot Description: Corner Lot
  • Lot Water Features: None

Energy Saving

  • Green Bldg Certify: None
  • Green Bldg Features: None

Parking

  • On Street
  • Street Only

Pool

  • None

Property

  • Zoning: HD-R
  • Federal Flood Insurance available
  • Home Warr/Termite: Termite Company: Terminix
  • Home Warr/Termite: Termite Company Phone: 910-798-2980

Roof

  • Architectural Shingle

Additional Rooms

  • Rooms: Bathroom 1,Other,Master Bedroom,Living Room,Laundry,Kitchen,Bedroom 3,Bedroom 2,Bathroom 2

Schools

  • School District: New Hanover

Taxes

  • Tax Assessed Value: $406,700
  • City Tax Rate: 6434
  • Tax Year: 2025

Utilities

  • Municipal Sewer
  • Natural Gas Connected
  • Municipal Water
  • Electric Provider: Duke Energy
  • Sewer Provider: Cape Fear Public Utility Authority
  • Water Provider: Cape Fear Public Utility Authority

Request More Information

Schedule a Showing