$350,000

511 Marstellar Street, Wilmington, NC 28401

  • 3 beds |
  • 1 bath |
  • 799 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $438/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Investor's dream! Rare opportunity to own both 509 and 511, featuring a beautifully renovated 3-bedroom, 1-bath bungalow plus a detached studio apartment above the garage. With income-producing potential and the ability to subdivide the lot (buyer to verify), this property offers incredible flexibility for investors, owner-occupants, or multigenerational living. Nestled beneath a stunning mature live oak on a .20-acre lot, the main home welcomes you with a charming front porch and private driveway. Inside, you'll find refinished hardwood floors, new tile flooring, a beautifully renovated kitchen and bathroom, brand-new kitchen appliances, and fresh paint throughout. Major updates include a new HVAC system (2023), all new windows and exterior doors, updated interior and exterior lighting, and exterior wood replacement. The detached studio apartment creates an excellent opportunity for rental income, a guest suite, or a private home office. Below, the garage provides ample storage, while the detached backyard shed offers even more space for tools and equipment. The fully fenced backyard is a blank canvas with plenty of room for gardening, entertaining, or creating your own outdoor oasis. Located within walking distance of the South Front District and just minutes from Greenfield Lake, the Cargo District, and historic downtown Wilmington. Enjoy easy access to the 5th Avenue bike route, making it simple to reach Wilmington's restaurants, breweries, shopping, and riverfront attractions. Whether you're expanding your investment portfolio, house hacking, or searching for a property with future development potential, opportunities like this are hard to find.

Listing Status:
Active
Date Added:
July 3, 2026
Data Last Updated:
August 12, 2026 at 12:15PM
Listing Office:
Coldwell Banker Sea Coast Advantage : 910-799-3435
MLS ID:
100586361
  • General: Master DownstairsApt/Suite
  • Master Bedroom: Primary Living Area
  • Appliances: Gas Oven
  • Laundry: In Hall
  • Basement: None
  • Flooring: TileHardwood
  • A/C: Central Air
  • Heating: ElectricHeat PumpElectric
  • Disability Feature: None
  • General: Guest House
  • Other Structures: Guest HousePorchCovered
  • Parking: Off StreetPavedParking spaces: 1
  • Roofing: Architectural Shingle
  • General: Wood SidingWood FrameOneBrick/MortarBlock
  • Road/Access: City StreetState RoadSee Remarks
  • HOA Amenities: None
  • Originating MLS: Hive MLS
  • School District: New Hanover
  • County: New Hanover
  • Zoning: R-5PT LTS 5/6 BLK 7 WILMR05413-021-002-000
  • View: None
  • Fencing: Back YardWood
  • Utilities: Sewer ConnectedWater Connected
  • Water: Public
  • Sewer: Municipal Sewer
  • Source: Hive MLS

This listing courtesy of Coldwell Banker Sea Coast Advantage

Monthly Payment

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

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Location

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