Multi-Family

5018 Oleander Drive, Wilmington

$979,000.00

Bedroom 2 bedrooms

  • MLS #: 100516487
  • Address: 5018 Oleander Drive, Wilmington, NC 28403
  • Date Listed: 6/30/2025
  • Days on Market: 237
  • Heated SQFT: 19994
  • Lot Description: 0.46 acres
  • Stipulations: Standard
  • Subdivision: Piney Woods
  • Listing Office: Intracoastal Realty Corp
  • Agent Name: Jeffrey G Hovis

Location Location

Agent Comments Agent Comments
Unique Opportunity in Midtown Wilmington. Discover a rare commercial mixed-use property located in the heart of Midtown Wilmington. This offering includes two buildings totaling approximately 3,900 square feet(3579 SF Heated and 347 SF enclosed), ideally situated on nearly half an acre along the high-visibility Oleander Drive corridor. There is a store front, design studio and a one-bedroom apartment. Positioned within the RO (Residential Office) zoning district, the property allows for a wide range of both residential and commercial uses—making it perfect for entrepreneurs, investors, or those seeking a live/work environment. The buildings have recently undergone a comprehensive renovation, featuring a flexible floor plan that can easily adapt to various business or residential needs. The layout and improvements provide excellent potential for office space, a small professional practice, creative studio, or a combination of uses. Currently owner-occupied, this property offers a unique opportunity for owner-users or as a turnkey investment in one of Wilmington's most central and accessible locations.

Amenities Amenities
  • Electric Oven
  • Refrigerator
  • Dishwasher

Interior Features Interior Features
  • Cool System: Central Air
  • Heat System: Propane, Electric, Forced Air
  • Floors: Tile, Vinyl
  • Interior: Ceiling Fan(s)

Exterior Features Exterior Features
  • Parking: Shared Driveway, Additional Parking, Off Street
  • Roof: Shingle
  • Exterior: Brick, Vinyl Siding

Additional Features Additional Features
  • County: New Hanover
  • Property Type: Triplex
  • Tax Number: R06108-009-001-000
  • Waterfront Features: None
  • Water/Sewer: Municipal Sewer, Cape Fear Public Utility Authority
  • Stories: 1
  • Year Built: 1954

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