Downtown Homes under $500,000

Welcome to Downtown, NC – a vibrant and charming subdivision that offers a unique blend of urban living and small-town warmth. Nestled in the heart of North Carolina, Downtown is not just a place to live; it’s an experience that encompasses a rich tapestry of culture, community, and convenience.

One of the standout features of Downtown is its diverse range of homes available for under $500,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you'll find an array of options that fit your lifestyle and budget. From cozy bungalows to modern townhomes, each property exudes character and charm, making it easy to find a place you can truly call home.

Living in Downtown means you’re just steps away from an array of local boutiques, cafes, and restaurants that add to the area’s vibrant atmosphere. Enjoy leisurely strolls through beautifully landscaped parks or immerse yourself in the local arts scene with galleries and theaters just around the corner. The sense of community is palpable here, with friendly neighbors and community events that bring everyone together.

Additionally, Downtown is conveniently located near major highways, making commuting a breeze and providing easy access to nearby cities and attractions. With all these features, it’s no wonder that Downtown, NC, is becoming a sought-after destination for those looking for affordable homes in a lively, welcoming environment. Come discover the charm of Downtown – where your dream home awaits!

Newest Downtown Homes under $500,000

$300,000

2 Beds ⋅ 1 Baths ⋅ 100613095 MLS

Situated in Southern Pines, this property offers an opportunity as a starter home or an investment project. The home features a living room, an additional living space, two bedrooms, one bathroom, and a kitchen. Storage is available with a linen closet and coat closet. A screened porch adds potential for outdoor use. The unfinished basement offers space for an additional kitchen and storage. With vision and updates, this property could become a comfortable residence in a desirable location. The lot to the right is also included, giving you ample space for parking and outside fun. (Photos were taken September 2025.)

435 W Connecticut Ave, Southern Pines

$490,000

3 Beds ⋅ 3 Baths ⋅ 100612201 MLS

Coastal charm meets downtown convenience at 616 Brunswick Street. This Craftsman-style home offers 3 bedrooms, 2.5 bathrooms, and thoughtful updates throughout. An inviting front porch provides a welcoming spot to unwind, while the open main-level layout connects the living, dining, and kitchen spaces for everyday living and easy entertaining. A unique light fixture adds character to the dining area. Updated kitchen cabinet hardware and an under-sink reverse osmosis system offer stylish, practical touches. Luxury vinyl flooring, installed in 2023, extends throughout the first level and all bathrooms. All three bedrooms are upstairs, including a primary suite with a beautifully updated bath featuring a custom tile shower with marble accents, an updated vanity, and custom hardware. Updated lighting and hardware enhance the additional bathrooms. Major improvements include an HVAC system installed in December 2023 and a new water heater in 2025. GE washer and dryer units, added in October 2023, convey with the sale, along with Nest thermostats upstairs and downstairs and a Ring camera and security light overlooking the backyard. The fenced backyard offers an inviting setting to relax or gather with friends, with modern wood fencing and updated deck railing added in 2023. An attached outdoor storage shed provides convenient additional storage. Near the iconic ''One Tree Hill'' bridge and within walking distance of downtown restaurants, shops, and breweries, this home puts Wilmington's local flavor and vibrant downtown scene within easy reach.

616 Brunswick St, Wilmington

$415,000

3 Beds ⋅ 3 Baths ⋅ 100611838 MLS

***Offering VA Loan Assumption with Low Rate*** Looking for a home within walking distance of Downtown Southern Pines shopping, dining, local businesses, and community events? This beautiful home could be just what you've been waiting for! The open living areas on the first floor provide plenty of space for entertaining friends and family, whether you're hosting holiday gatherings or enjoying a game night. Gorgeous wood flooring runs throughout the main level, adding warmth and offering easy maintenance. The kitchen features granite countertops and an open layout that flows seamlessly into the living space. Upstairs, you'll find all the bedrooms along with the conveniently located laundry room. The HUGE owner's suite offers an impressively sized closet and a private ensuite bathroom with tile flooring and a double vanity. Step out back, fire up the grill, and enjoy everything this fantastic location has to offer. Take a short stroll to downtown restaurants, shopping, and entertainment, all less than a 10-minute walk away, with easy access to Highway 1 for your commute. With comfort, convenience, and downtown living right at your doorstep, this is a place you'll love calling home for years to come!

650 W Connecticut Ave, Southern Pines

$395,000

3 Beds ⋅ 3 Baths ⋅ 100607342 MLS

LOCATION ! LOCATION ! LOCATION! BRAND-NEW CONSTRUCTION IN 2026 -- COMPLETELY REBUILT FROM THE GROUND UP! This stunning 3-bedroom, 2.5-bath home at 1005 Queens St offers the feel, quality, and peace of mind of a truly new home. The previous structure was removed, leaving nothing but the land--everything you see today was newly built in 2026. Step inside to discover modern finishes throughout, including beautiful granite countertops, soft-close cabinetry, brand-new appliances, and thoughtfully designed bathrooms with an elegant, contemporary feel. The spacious primary suite features a luxurious bathroom designed with accessibility in mind, including handicap-accessible features for added comfort and convenience. Location is everything, and this property delivers! Enjoy being just minutes from Downtown Wilmington, where you can experience concerts, restaurants, the Riverwalk, entertainment, nightlife, and the charm of Wilmington's historic district. Spend the evening enjoying a great dinner followed by a relaxing walk through the historic streets. Plus, Wrightsville Beach is approximately 20 minutes away, giving you easy access to some of the area's most desirable coastal attractions. Whether you're looking for a beautiful new home, an investment property, or an opportunity to be close to everything Wilmington has to offer, this property deserves your attention. NEW CONSTRUCTION + PRIME LOCATION + MODERN FINISHES = AN OPPORTUNITY YOU DON'T WANT TO MISS!

1005 Queen St, Wilmington

$240,000

3 Beds ⋅ 2 Baths ⋅ 100606764 MLS

Welcome to 928 South 10th Street--an affordable and well-kept home offering a great opportunity for first-time buyers to get into the Wilmington market. This 3-bedroom, 2-bath home features a practical single-level layout with a comfortable living area and a natural flow into the dining space. The kitchen provides plenty of cabinet and counter space, along with a center island for added functionality. The dining area is filled with natural light, creating a bright and welcoming spot for everyday meals. The primary bedroom includes its own private bath and walk-in closet while two additional bedrooms offer flexibility for guests, a home office, or extra space as needed. A separate laundry area adds everyday convenience. Outside, you'll find a manageable yard that's easy to maintain without a lot of upkeep. Located just a short drive to downtown Wilmington, shopping, and restaurants, this home offers a solid combination of value and location. A great option for buyers looking for a simple, move-in ready home without breaking the budget.

928 S 10th St, Wilmington

$329,900

1 Beds ⋅ 1 Baths ⋅ 100602457 MLS

$5,000 to use as you choose! A century of character has never looked so good. Rehabilitated in 2024, this charming downtown Wilmington cottage lets you skip the projects and start enjoying the lifestyle--morning coffee on the porch, evenings along the Riverwalk, and favorite restaurants, shops, and local attractions close by. Inside, refinished hardwood floors, an updated kitchen with butcher block countertops, and a beautifully tiled walk-in shower create a warm, welcoming retreat. The private fenced backyard--with a dock-style porch, sunshade, string lights, and low-maintenance turf--offers a peaceful place to unwind after a day downtown. Make it your full-time home, a personal Wilmington escape with rental flexibility, or continue its success as a top rated Airbnb. However you use it, 911 Dock Street makes it easy to settle in and enjoy the best of downtown living. Up to $2,500 credit with use of preferred lender, Sarah Newsome at Integrity Home Mortgage Corp.

911 Dock St, Wilmington

$365,000

3 Beds ⋅ 2 Baths ⋅ 100600913 MLS

Welcome to 110 Campbell Street, a beautifully refreshed 3-bedroom, 2-bath home offering approximately 1,948 square feet on a spacious 0.69 acre lot near downtown Aberdeen. Set along one of the area's most appealing established streets, this home blends classic character with thoughtful improvements and abundant outdoor space. The refinished kitchen and updated bathrooms provide a fresh, inviting feel, while original hardwoods throughout the living room and bedrooms retain the charm of this lovely home. The covered front porch, rear deck, carport, brick patio and storage building make this a wonderful home to enjoy an indoor/outdoor lifestyle. The spacious backyard offers countless possibilities. With generous living space, excellent storage, and a peaceful setting convenient to downtown shops, dining, parks, and area amenities, 110 Campbell Street offers a rare combination of location, character, and practical updates. Call today to schedule your showing!

110 Campbell St, Aberdeen

$485,000

3 Beds ⋅ 3 Baths ⋅ 100598037 MLS

Welcome to the Croom House where historic charm + modern updates are nestled between Downtown Wilmington and the Cargo District. Beautifully blending historic character with modern comfort, this home offers 3 bedrooms + an Office/flex space, 2.5 bathroom and 1,821 square feet of extensively renovated living space in one of Wilmington's most desirable historic neighborhoods. Originally built in the early twentieth century as an investment property, the home has been thoughtfully updated while preserving the architectural details that make it truly special. Recent improvements (2022) include a beautifully renovated kitchen and dedicated laundry room, updated primary bathroom, sliding glass patio doors opening onto the rear Trex deck, 2 new HVAC units, 6-foot wooden privacy fencing, electrical upgrades including new electrical panel (2024), significant structural and framing improvements, and thoughtfully designed outdoor living and storage spaces. The crawlspace has been encapsulated with moisture barrier and a commercial grade dehumidifier installed (2022). These comprehensive renovations provide the comfort and reliability of a modern home while maintaining the timeless character that defines this historic property. Inside, light-filled living spaces feature high ceilings, generous proportions, and timeless finishes that complement the home's original craftsmanship. The renovated kitchen serves as the heart of the home, seamlessly connecting to inviting indoor and outdoor spaces ideal for entertaining or quiet evenings at home. Outside amenities include off street parking and an EV charger for unheard of downtown convenience. With its unbeatable location between Wilmington's Historic Downtown and the vibrant Cargo District, the home offers exceptional walkability to some of the city's best restaurants, breweries, cafés, boutique shopping, and entertainment. The Cargo District is located just 3 minutes away while Wilmington's iconic Riverwalk is just a short 5-6 minute drive. Recognized with a historic plaque, this National Folk style home traces its origins to the early 1900s and reflects an important chapter of Wilmington's architectural heritage. Carefully updated and modernized, the Croom House offers a rare opportunity to enjoy the charm of a historic residence with the comfort and convenience of contemporary living. Don't miss the chance to own a historic home where original character, quality craftsmanship, and modern convenience come together in one of Wilmington's most dynamic and sought-after neighborhoods.

1416 Dock St, Wilmington

$315,000

3 Beds ⋅ 3 Baths ⋅ 100594947 MLS

Discover easy, low-maintenance living in this beautifully designed new construction home at 535 S. Henley St. in Southern Pines. Offering 3 bedrooms, 2.5 bathrooms, and 1,619 square feet, this contemporary cottage blends modern finishes with a functional layout designed for today's lifestyle. The main level features durable luxury vinyl plank flooring, stylish lighting, and an open living space that's perfect for entertaining or everyday living. Upstairs, upgraded carpeting creates a cozy retreat in each bedroom. Outside, enjoy a spacious backyard with room for gardening, play, or gathering with family and friends, all complemented by professional landscaping. With a one-car garage, no HOA, and the added confidence of a comprehensive home warranty, this move-in-ready home is an exceptional opportunity in one of Southern Pines' most convenient locations. The spacious kitchen flows seamlessly into the living and dining areas, creating an ideal space for entertaining or relaxing at home. Upstairs, the comfortable bedrooms provide a peaceful retreat, including a well-appointed primary suite. Step outside to enjoy the patio overlooking a generously sized backyard with plenty of room for gardening, outdoor gatherings, or simply enjoying the Carolina seasons. Professionally landscaped and complete with a one-car garage and an excellent home warranty, this move-in-ready home offers the perfect combination of quality, comfort, and convenience. Don't miss your opportunity to own this exceptional new home in SoPines!

535 S Henley St, Southern Pines

$262,900

3 Beds ⋅ 1 Baths ⋅ 100589506 MLS

Location, location... This adorable three bed ,two bath bungalow sits on a large lot just steps from Castle St and all that it has to offer: yoga, vintage shopping, a wine shop, coffee and several locally owned restaurants! This home has been rented to the same tenant for 20 years, and maintained well by the owners. New roof in 2019 and new HVAC in 2020.. The home was built in 1940 and features a large front porch, original pine floors, and interior arches characteristic of that period. A few updates will bring this jazz age back to it's glory!

517 S 7th St, Wilmington

$325,000

3 Beds ⋅ 2 Baths ⋅ 100589176 MLS

Attention Investors! Rare opportunity to own Section 8 income producing property! Long term tenants in place. See attached document for property features and upgrades.

1309 Church St, Wilmington

$285,000

3 Beds ⋅ 2 Baths ⋅ 100589173 MLS

Attention Investors!: Incredible opportunity to own income producing property in downtown. Designated Section 8 with long term tenant in place. See Documents for property upgrades and features.

1012 Hanover St, Wilmington

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Downtown Homes under $500,000

Newest Downtown Homes under $500,000

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