Under Contract

426 Mercer Avenue

Wilmington, NC 28403

$159,900 $674/Mo

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Overview

Bed

Bath

1,041

Sqft

0.25

Acre(Lot)

Description

Investor opportunity in a growing Wilmington location. This 3 bedroom, 1.5 bath home sits on a spacious quarter acre lot and offers strong potential for renovation and resale. Property requires significant repairs and is being sold as-is, making it ideal for investors or buyers looking for a project. Conveniently located near shopping, dining, and UNCW. Cash or hard money preferred. Bring your vision and unlock the potential this property has to offer. Cash only buyers must use seller's attorney to close

Property Details

Property Type : Residential

Price : $159,900

AD Id : 77968187

MLS Id : 100567616

Beds : 3

Lot Size : 0.25 Acre

Living Area Size : 1,041

Year Built : 1925

County : New Hanover

Subdivision: Parkridge

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 1 Full Baths: 1

Room Information

Rooms Total: 6 Basement: Crawl Space
Roofing Information

Shingle
Interior Features

Roof: Shingle
Heating & Cooling

Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1925 Building Area Total: 1041 Construction Materials: Asbestos, See Remarks, Frame Patio And Porch Features: Porch Private Pool: No View: See Remarks

Lot Information

Lot Dimensions: 209x52x209x52 Main Square Feet: 0.25 Acres Lot Size Acres: 0.25 Lot Size Square Feet: 10890

Property Information

Subdivision: Not In Subdivision Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 101

Listing Price Information

Listing Price: $159900 Original Price: $199900 Cash

Tax Information

Parcel Number: R05505-002-029-000 Tax Year: 2025 Annual Tax: $1307.65

Parking Information

Off Street, Tandem

School Information

Elementary School: Forest Hills

Junior High School: Williston

Senior High School: New Hanover
Utility Information

Sewer Connected, Water Connected
Location Information

Direction: From Market St, turn onto Kerr Ave. Continue on Kerr Ave and turn onto Mercer Ave. Property will be on your left.

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
136 Stones Throw Lane, Wilmington, NC, 28403	$1,790,000	5	5	3,914	3,914 SqFt
7200 Airlie Place, Wilmington, NC, 28403	$1,875,000	3	4	2,425	2,425 SqFt
1805 Trey Court, Wilmington, NC, 28403	$1,999,000	4	4	3,284	3,284 SqFt
1802 Barkley Avenue, Wilmington, NC, 28403	$1,299,000	4	4	2,280	2,280 SqFt
605 Bradley Creek Point.., Wilmington, NC, 28403	$2,599,000	4	4	5,233	5,233 SqFt
2003 Sea Canyon Lane, Wilmington, NC, 28403	$2,000,000	4	4	2,929	2,929 SqFt
521 Airlie Road #VALAND.., Wilmington, NC, 28403	$4,331,973	4	6	5,950	5,950 SqFt
521 Airlie Road #LONGLE.., Wilmington, NC, 28403	$2,696,534	3	3	3,234	3,234 SqFt
521 Airlie Road #RIVERR.., Wilmington, NC, 28403	$2,848,236	3	4	3,573	3,573 SqFt
521 Airlie Road #PINE R.., Wilmington, NC, 28403	$6,067,162	4	6	7,119	7,119 SqFt

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ByOwner last updated this listing 06/12/2026 @ 14:40

MLS: 100567616 LISTED BY: Suzanne Hoskins, Coldwell Banker Sea Coast Advantage-Midtown SOURCE: Hive MLS (North Carolina Regional)