5417 Park Avenue, Wilmington, NC 28403

• 5 beds |
• 4 baths |
• 2,528 sqft

Property Description

Excellent opportunity to own 2 income-producing units on a single parcel less than 1 mile from UNCW! Situated on a spacious 0.27-acre lot, this unique property offers a 1,419 sq ft, 3-bedroom, 2-bath main home plus a 1,109 sq ft detached 2-bedroom, 1.5-bath ADU, providing a total of 2,528 heated sq ft, making it an excellent opportunity for rental income, multigenerational living, or guests. The main home features a spacious living room leading into the expansive kitchen and dining area. The kitchen offers stainless steel appliances, abundant cabinetry, and a large center island. Privately located at the rear of the home, the primary suite includes a spacious walk-in closet and an en suite bath with dual vanities and a deep jetted tub. Two additional bedrooms and a full bath provide flexibility for family or guests. Additional features include a covered front porch and a laundry/mud room opening to a wood deck connected to the ADU. The ADU, recently renovated in 2025, features durable luxury vinyl plank flooring throughout. The lower level includes two bedrooms with tray ceilings, a full bath with dual vanities and a tiled walk-in shower, plus a laundry closet. Upstairs, the open living area features a kitchen with granite countertops, stainless steel appliances, a raised breakfast bar, and a half bath. The balcony off the main porch offers the perfect place to enjoy morning coffee. An oversized driveway and parking pad provide abundant off-street parking. Recent updates include a new roof on the main home (2023), main home HVAC (2022), ADU HVAC (2024 with Anderson Air warranty through December 2034), and water heaters in both residences (main home 2022; ADU 2024). Conveniently located less than 1 mile from UNCW and the Wilmington Municipal Golf Course, 5 miles from Wrightsville Beach, and 7 miles from downtown Wilmington, this property combines an unbeatable location with exceptional flexibility for homeowners and investors alike.

Listing Status:

Active

Date Added:

September 10, 2026

Data Last Updated:

September 22, 2026 at 1:17PM

Listing Office:

Century 21 Vanguard : 910-769-1465

MLS ID:

100602701

Interior

• General: Master DownstairsWalk-in Closet(s)Mud RoomKitchen Island2nd KitchenWalk-in ShowerEat-in KitchenWalk-In Closet(s)
• Master Bedroom: Primary Living Area
• Appliances: RefrigeratorDishwasherElectric Range
• Laundry: Dryer HookupWasher HookupLaundry Room
• Basement: None
• Flooring: LaminateTile
• A/C: Central AirHeat Pump
• Heating: Heat PumpElectricForced AirElectric
• Disability Feature: None

Exterior

• General: Guest House
• Other Structures: Guest HousePorchFront PorchDeckCovered
• Pool: None
• Parking: GravelConcreteOff StreetOn SiteParking spaces: 6

Construction

• Roofing: Architectural Shingle
• General: Vinyl SidingWood FrameOneCrawl Space

Location

• Road/Access: City StreetState RoadPavedSee Remarks
• Originating MLS: Hive MLS
• School District: New Hanover
• County: New Hanover

Lot

• Zoning: R-15LOT 3W 21' OF LOT 4 BLK 3 GREENWOOD ESTATESR06206-003-001-000
• View: See Remarks
• Fencing: None

Utilities

• Utilities: Sewer ConnectedWater Connected
• Water: Public
• Sewer: Municipal SewerCape Fear Public Utility Authority

Financial

• Source: Hive MLS