Rental Income

8 7th Street, Wilmington

$895,000

Bedroom 6 bedrooms

  • Listing ID #: 100525838
  • Status: Active
  • Address: 8 7th Street, Wilmington, NC 28401
  • Date Listed: 8/19/2025
  • Days on Market: 393
  • Acres: 0.06
  • Stipulations: Standard
  • Subdivision: Historic District

Location Location

Agent Comments Agent Comments
This beautifully renovated duplex in Historic Downtown Wilmington offers the perfect blend of character, flexibility, and investment potential. With over $420,000 invested in high-quality renovations, the property is move-in ready and zoned for both residential and commercial use—ideal for investors, business owners, or anyone seeking a dynamic live/work opportunity. The residential layout features three spacious bedrooms and two updated bathrooms, with modern finishes that complement the historic charm of the property. For commercial use, the flexible floor plan allows for private offices, meeting rooms, a break area, and two restrooms—suitable for uses such as professional offices, art galleries, or financial services. This versatile property allows for multiple income-generating options: live in one unit and rent out the other, use both as residential or commercial rentals, or create a hybrid setup to suit your needs. Located just steps from Downtown Wilmington, and within walking distance to the vibrant Soda Pop District and Castle Street Arts District, this property is perfectly positioned for convenience, visibility, and lifestyle. Whether you're looking to invest, run a business, or settle into one of Wilmington's most sought-after neighborhoods, this renovated duplex offers an unmatched opportunity to live, work, and play in the heart of the city.

Amenities Amenities
  • Electric Oven
  • Washer
  • Refrigerator
  • Dryer
  • Dishwasher

Additional Features Additional Features
  • County: New Hanover
  • Days on Market: 393
  • Pool: No
  • Property Sub Type: Duplex
  • Stories: 2
  • Tax Number: R04817-038-012-000
  • Waterfront Features: None
  • Water/Sewer: Natural Gas Available, Electricity Available, Sewer Connected, Water Connected
  • Year Built: 1918
  • Property Type: Rental Income
  • Tax Year: 2025
  • Tax Amount: $2,711.23

Financial Financial
  • Short Sale: Standard

Interior Features Interior Features
  • Cool System: Central Air
  • Floors: Tile, Wood
  • Fireplaces: 2
  • Heat System: Electric, Forced Air
  • Interior: High Ceilings, Ceiling Fan(s)
  • Room Type: Dining Area
  • Levels: Two
  • Heating Fuel: Electric
  • Furnished: Unfurnished
  • Laundry: Laundry Closet
  • Water Heater: Electric
  • Attic Description: Floored - Partial,Permanent Stairs
  • Basement Description: Unfinished

Exterior Features Exterior Features
  • Fuel Tanks: None
  • Parking: On Street
  • Roof: Metal
  • Siding: Wood Siding
  • Waterfront Feature: None
  • Is New Construction: No
  • Construction: Wood Siding,Wood Frame
  • Foundation: basement
  • Water Source: Public
  • Septic or Sewer: Municipal Sewer,Cape Fear Public Utility Authority
  • Water Provider: Cape Fear Public Utility Authority
  • Utilities: Natural Gas Available,Electricity Available,Sewer Connected,Water Connected
  • Garage Spaces: 0
  • Parking Spaces: 0
  • Fencing: None
  • Exterior: Wood Siding
  • Patio/Deck Description: Covered,Porch
  • Zoning: HD
  • Building Total Area (Sq.Ft): 3166
  • Road Description: City Street,State Road,Paved
  • Road Improvements: See Remarks
  • View Description: See Remarks

Location Location
  • Directions: from Downtown take Market Street east, turn right on S 7th Street and building in on the right.
  • Street Number: 8
  • County: New Hanover
  • Latitude: 34.23552
  • Longitude: -77.940825
  • Subdivision: Historic District
  • Marketing City: Wilmington

Listed by: Jeffrey G Hovis from Intracoastal Realty Corporation.