4924 Oleander Drive

Wilmington, NC 28403

$525,000

$243 per Sq.Ft.

Active
4 beds
2 baths
1032 Sq. Ft.
Residential
Built in 1940
MLS #100582541

4 beds

2 baths

1032 Sq. Ft.

Residential

Built in 1940

MLS #100582541

Unique investment and owner-user opportunity in one of Wilmington's most visible and desirable corridors. Located on highly traveled Oleander Drive and zoned Residential Office (RO), 4924 Oleander Drive offers exceptional flexibility for residential, professional office, rental income, or mixed-use applications (subject to applicable city regulations and approvals). The property features a charming 2-bedroom, 1-bath main house that is currently vacant, providing immediate occupancy for an owner-user, tenant placement, or office conversion. Complementing the main residence is a detached 2-car garage with a 2-bedroom, 1-bath accessory dwelling unit (ADU), currently tenant occupied. The ADU will require some finish work and repairs, presenting an opportunity for value-add improvements. The Residential Office zoning opens the door to a variety of potential uses, including residential occupancy, professional office space, live-work arrangements, rental investment, or other permitted uses. Buyers should verify intended use with the City of Wilmington. Positioned in a high-visibility location with excellent access and exposure, the property is just minutes from the University of North Carolina Wilmington (UNCW), Independence Mall, Hanover Center, Novant Health facilities, restaurants, retail centers, and numerous professional businesses. Its central Wilmington location provides convenient access to Downtown Wilmington, Wrightsville Beach, and major transportation corridors. Whether you're seeking an income-producing investment, a live-work property, professional office location, or redevelopment opportunity, 4924 Oleander Drive offers versatility, visibility, and long-term potential in one of Wilmington's most established commercial and residential districts. Property is being sold AS-IS.

Interior Features

Total bedrooms

4 bedrooms

Full bathrooms

2 full bathrooms

Half bathrooms

0 half bathrooms

Kitchen appliances

See remarks, washer, refrigerator, dryer

Interior features

Ceiling fan(s), pantry

Flooring

Tile, wood

Cooling

Other

Heating

Other, heat pump, electric

Exterior Features

Lot size

0.53 acres

Water front

Fencing

Partial

Exterior features

Vinyl siding

Roof

Architectural shingle

HOA Information

HOA

HOA amenities

No amenities

Utilities

Sewer connected, water connected

Schools

Elementary school

Winter Park

Middle school

Roland Grise

High school

Hoggard

Other Information

Tax assessed value

$529,700.00

Tax amount

$3,117.29

Tax year

2025

Zoning

ROD

Connect with an agent

Click here to schedule a showing with an agent.

Need direct service?

Our team is always a phone call away.

Reach us at (910) 765-8770.

Listing provided courtesy of: REAL Broker LLC. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.

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 451 new listings in Wilmington last month. The average time on market was 54 days and the average price of new new listings was $601,184. Over the last three months, the average sale price to list price ratio was 96.37%.

Request a detailed market analysis

Homes for sale

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

View all properties in Wilmington

Similar Properties

Pending With Showings 4105 Peachtree Avenue A

$625,000

4105 Peachtree Avenue A

3 Beds • 3 Baths • 1,811 Sq.Ft.

$610,000

1025 S 41st Street

3 Beds • 2 Baths • 1,376 Sq.Ft.

$610,000

1017 S 41st Street

3 Beds • 2 Baths • 1,376 Sq.Ft.

$575,000

5013 Oleander Drive

5 Beds • 3 Baths • 2,052 Sq.Ft.

Wilmington

Market Report

Covering current real estate trends with a detailed market analysis.

Enter your email address below to recieve a detailed report covering the state of the market in Wilmington and strategies for buying and selling property in the area.

4924 Oleander Drive