4911 Oleander Dr, Wilmington, NC 28403
- $525,000
- 3
- BD
- 4
- BA
- 2,614
- SqFt
- Sold Price
- $525,000
- List Price
- $699,000
- Status
- CLOSED
- MLS#
- 100574328
- Closing Date
- Jul 30, 2026
- Property Type
- Single Family Residence
- Bedrooms
- 3
- Full Baths
- 4
- Lot Size
- 19,602
- Year Built
- 1955
Property Description
Rare Live/Work Investment Opportunity in Wilmington's Residential Overlay District! Discover unmatched flexibility and incredible income potential with this historic, multi-unit midtown property. Perfectly designed for modern versatility, this unique estate functions seamlessly as a primary residence, a professional office space, or a high-yielding multi-stream investment. The main home features an adaptable front layout ideal for living quarters or a customer-facing business. The rear of the main home includes its own separate entrance--while maintaining internal access--making it a perfect setup for an in-law suite, a private office, or an immediate rental unit. Step outside to find a completely detached Accessory Dwelling Unit (ADU) ready to generate secondary rental income or serve as a quiet detached workspace. Situated on a spacious 0.36-acre lot, the property benefits from highly desirable rear-alley access out to 51st Street and the traffic light for easy, safe ingress and egress. Located in the coveted Residential Overlay District (ROD), the zoning allows for a diverse range of residential, professional office, and medical uses. Whether you want to ''house hack'' and live rent-free, run your business from home, or add a powerhouse asset to your rental portfolio, this affordable ROD property delivers. Don't miss out on this exceptional piece of Wilmington real estate--schedule your tour today!
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Additional Information
- Elementary School
- Winter Park
- Middle School
- Roland Grise
- High School
- Hoggard
- Foundation
- Crawl Space
- Interior Features
- Bookcases
- Levels
- One and One Half
- Possession
- Close Of Escrow, At Closing
- County
- New Hanover
- Neighborhood
- Piney Woods
- Project/Section
- Piney Woods
- Acres
- 0.45
- Heating
- Electric, Forced Air
- Utilities
- Cable Available, Sewer Connected, Water Available
- Zoning
- ROD
- Listing Courtesy Of
- Intracoastal Realty Corporation
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Listing courtesy of Listing Agent: Marcello Caliva and Associates () from Listing Office: Intracoastal Realty Corporation.
Selling Office: Intracoastal Realty Corporation.
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