5413 Park Avenue

Wilmington, NC 28403

$499,000

$353 per Sq.Ft.

Active
3 beds
2.5 baths
1412 Sq. Ft.
Residential
Built in 1955
MLS #100518294

3 beds

2.5 baths

1412 Sq. Ft.

Residential

Built in 1955

MLS #100518294

Located minutes from Wrightsville Beach, UNCW, and the scenic Wilmington Cross City Trail, this beautifully renovated 3 bed, 2-1/2 bathroom property offers the ultimate blend of lifestyle and opportunity. With the potential for up to 5 rentable rooms, this property is ideal for maximizing rental income (take a peek at the floor plan). Whether you're seeking a primary residence in one of the most highly desirable areas of town or a smart investment with tons of rental income potential, this home delivers. In the spacious backyard, there is also a detached 500+ square foot garage (23 ft. X 23 ft.) with electrical and plumbing already in place opening the door to future expansion—a dream workshop, ADU, or in-law suite. Step inside to discover a fully renovated interior featuring all-new luxury vinyl plank flooring, fresh paint, new crown molding, and stylish new lighting throughout. The modern kitchen is a standout—equipped with quartz countertops, high-end plywood cabinetry with soft-close drawers, custom floating shelves, a designer backsplash, and brand-new stainless steel appliances, all centered around a stunning, deep-set modern sink. Walk-in pantry for ample food storage. Both bathrooms have been thoughtfully updated with new vanities, mirrors, and sleek fixtures. Master Bath has a dazzling new tiled walk-in shower. A bright and inviting sunroom offers its own private entrance, expanding the flexibility of the home's layout. Additional upgrades include: brand-new roof on both the main home as well as the detached garage, new water heater, full exterior repaint for fresh curb appeal. Every detail has been addressed—even the ceilings are smooth and popcorn-free. Don't miss this rare opportunity to own a turn-key property in one of Wilmington's most desirable and high-demand areas.

Interior Features

Total bedrooms

3 bedrooms

Full bathrooms

2 full bathrooms

Half bathrooms

1 half bathrooms

Kitchen appliances

Electric oven, electric cooktop, built-in microwave, refrigerator, dishwasher

Interior features

Mud room, kitchen island, ceiling fan(s), pantry

Flooring

Cooling

Heating

Heat pump, electric

Exterior Features

Lot size

0.21 acres

Water front

Fencing

Privacy, partial, back yard, wood

Exterior features

Aluminum siding, brick veneer, vinyl siding

Roof

Shingle

HOA Information

HOA

Utilities

Sewer connected, water connected

Schools

Elementary school

Winter Park

Middle school

Roland Grise

High school

Hoggard

Other Information

Tax assessed value

$326,000.00

Tax year

2025

Zoning

R-15

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About Wilmington

Located on the Southeastern tip of North Carolina and home to more than 100,000 residents, Wilmington is located between the Atlantic Ocean and the Cape Fear River. Wilmington is a charming and contemporary small city with abundant lifestyle options and a thriving business climate.

Market trends

There were 391 new listings in Wilmington last month. The average time on market was 47 days and the average price of new new listings was $570,603. Over the last three months, the average sale price to list price ratio was 96.40%.

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Homes for sale

Wilmington has the widest variety of neighborhoods and home styles to choose from in the area.

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5413 Park Avenue