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About This Home
This 3-bedroom, 4-bathroom single family at 4911 Oleander Drive in Wilmington, NC is listed for $699,000 ($267 per sqft). Built in 1955, the home offers 2,614 sqft of living space on a 0.45 acres lot.
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!
Key Features
- Built in 1955
- 0.45 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$3,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4911 Oleander Drive
Wilmington, NC 28403
Piney Woods
Features & Amenities
Interior Features
Property Details
Construction
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 4-bathroom single family at 4911 Oleander Drive is listed at $699,000 ($267/sqft). The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.
Key features include: Built in 1955, 0.45 acre lot, 2 stories. Interior Features: Bookcases, Apt/Suite, Built-in Features.
This property is listed by Marcello Caliva and Associates and can be reached at 9105383063 or marcello@intracoastalrealty.com.
