$475,000

5050 Wrightsville Avenue, Wilmington, NC 28403

  • 4 beds |
  • 2 baths |
  • 1,441 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.44acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $330/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

*SELLER IS OFFERING $10K CREDIT* INVESTMENT OPPORTUNITY WITH DETACHED INCOME-PRODUCING ADU! 5050 Wrightsville Avenue offers a unique opportunity, with O&I zoning for home or business, featuring a renovated 3-bedroom, 1-bath main residence PLUS a separate detached ADU that is already tenant-occupied and producing $900 per month in rental income. The main residence has undergone substantial renovations, including new LVP flooring throughout, fresh interior paint, new HVAC, new appliances, new countertops, and a renovated bathroom. Both the main residence and detached ADU received new roofs in 2022. The detached ADU is a major feature of this property, providing existing rental income from day one. The ADU has its own water and sewer connections and is currently leased at $900 per month, creating an attractive opportunity for an investor or an owner-occupant looking to offset housing expenses with rental income. Situated on approximately 0.44 acres with O&I zoning, the property also offers a large yard and ample off-street parking. Documentation regarding the ADU's legal nonconforming residential status is available. Whether purchased as an investment property or as a primary residence with supplemental rental income, or as a place for your business, the separate income-producing ADU provides flexibility that is difficult to find in this Wilmington location. Convenient access to UNCW, Wrightsville Beach, shopping, restaurants, and downtown Wilmington. MAIN HOUSE + DETACHED ADU + EXISTING $900/MONTH ADU RENTAL INCOME.

Listing Status:
Active
Date Added:
September 18, 2026
Data Last Updated:
September 22, 2026 at 2:18PM
Listing Office:
Cadence Realty Corporation : 910-239-7697
MLS ID:
100603899
  • General: None
  • Master Bedroom: Primary Living Area
  • Appliances: Built-In MicrowaveRefrigeratorDishwasherElectric Range
  • Flooring: LVT/LVP
  • A/C: Central AirWall/Window Unit(s)Heat Pump
  • Heating: Heat PumpElectricElectric
  • Disability Feature: Accessible Approach with Ramp
  • General: Guest House
  • Other Structures: Guest HousePatio
  • Parking: Off StreetParking spaces: 0
  • Roofing: Architectural Shingle
  • General: BlockBrickWood FrameOneCrawl Space
  • Road/Access: City StreetState RoadSee Remarks
  • Originating MLS: Hive MLS
  • School District: New Hanover
  • County: New Hanover
  • Zoning: O&ITR 1 MELBA NEVILLE DIV BLK F WINTER PARK HGTSR05520-009-011-000
  • View: See Remarks
  • Fencing: Back YardWood
  • Utilities: Sewer AvailableWater AvailableWater Connected
  • Water: Public
  • Sewer: Municipal SewerCape Fear Public Utility Authority
  • Source: Hive MLS

This listing courtesy of Cadence Realty Corporation

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby