Active

5018 Oleander Drive

Wilmington, NC 28403

$979,000 $4,127/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

0.46

Acre(Lot)

Description

Unique Opportunity in Midtown Wilmington. Discover a rare commercial mixed-use property located in the heart of Midtown Wilmington. This offering includes two buildings totaling approximately 3,900 square feet(3579 SF Heated and 347 SF enclosed), ideally situated on nearly half an acre along the high-visibility Oleander Drive corridor. There is a store front, design studio and a one-bedroom apartment. Positioned within the RO (Residential Office) zoning district, the property allows for a wide range of both residential and commercial uses—making it perfect for entrepreneurs, investors, or those seeking a live/work environment. The buildings have recently undergone a comprehensive renovation, featuring a flexible floor plan that can easily adapt to various business or residential nee ds. The layout and improvements provide excellent potential for office space, a small professional practice, creative studio, or a combination of uses. Currently owner-occupied, this property offers a unique opportunity for owner-users or as a turnkey investment in one of Wilmington's most central and accessible locations.

Property Details

Property Type : Residential Income

Price : $979,000

AD Id : 65763525

MLS Id : 100516487

Beds : 2

Lot Size : 0.46 Acre

Year Built : 1954

County : New Hanover

Subdivision: Springfield

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 2

Bathroom Information

Total Baths: 3

Room Information

Basement: None, Crawl Space
Flooring Information

Tile, Vinyl
Roofing Information

Shingle
Interior Features

Ceiling Fan(s) Roof: Shingle Appliances: Electric Oven, Refrigerator, Dishwasher, Electric Water Heater Laundry Features: Washer Hookup Window Features: Insulated Windows
Heating & Cooling

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

Building Information

Year Built: 1954 Building Area Total: 3579 Construction Materials: Brick, Vinyl Siding, Frame Stories: 1 Patio And Porch Features: Porch Pool Features: None Private Pool: No View: See Remarks
Exterior Features

Exterior Features: None

Lot Information

Lot Dimensions: 100 x 200 Main Square Feet: 0.46 Acres Lot Size Acres: 0.46 Lot Size Square Feet: 19994 Lot Description: Level

Property Information

Subdivision: Piney Woods Source Property Type: Residential Income Property SubType: Triplex Levels: Three Or More Property Age: 72

Listing Price Information

Listing Price: $979000 Cash, Conventional, VA Loan

Tax Information

Parcel Number: R06108-009-001-000 Tax Block: 0 Tax Year: 2024 Annual Tax: $4675.38

Parking Information

Shared Driveway, Additional Parking, Off Street

Homeowners Association Information
Association Amenities: None

School Information

Elementary School: Winter Park

Junior High School: Roland Grise

Senior High School: Hoggard
Utility Information

Electricity Connected, Propane, Sewer Connected, Water Connected
Location Information

Direction: From Downtown Wilmington, take Dawson street east. Follow it to merge on to Oleander. Follow Oleander, cross over College Road. The property is on the right. WaterSource: Public

Sell a home like this and save $58,241 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
109 Pine Clay Road, Wilmington, NC, 28403	$375,000	3	3	--

Similar Multifamily To 5018 Oleander Drive

Nearby For Sale

Active

$979,000

Multifamily For Sale

5018 Oleander Drive,
Wilmington, NC, 28403

Bed

Bath

Acre(Lot)

710-714 Cronely Alley,
Wilmington, NC, 28401

Bed

Bath

Acre(Lot)

8 S 7th Street,
Wilmington, NC, 28401

Bed

Bath

0.06

Acre(Lot)

$2,800,000

Multifamily For Sale

407 Maides Avenue,
Wilmington, NC, 28405

Bed

Bath

2.40

Acres(Lot)

$719,000

Multifamily For Sale

2020 Princess Place Drive,
Wilmington, NC, 28405

Bed

Bath

0.11

Acre(Lot)

The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright ©2026 Hive MLS LLC. All Rights Reserved.

ByOwner last updated this listing 06/08/2026 @ 03:15

MLS: 100516487 LISTED BY: Jeffrey Hovis, Intracoastal Realty Corp SOURCE: Hive MLS (North Carolina Regional)