511 Marstellar Street,Wilmington, NC 28401
Wilmington, NC 28401
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.
Details
| MLS # | 100586361 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 55 |
| Listing Provided By | Coldwell Banker Sea Coast Advantage | Derek Criscitiello |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 799 |
| Garage | 1 |
| Story(s) | 1 |
| Zoning | R-5 |
| Acreage | 0.20 |
| Property View | See Remarks |
Interior
| Interior Features | Master Downstairs, Apt/Suite |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Fireplace Yes / No | No |
| Laundry Features | In Hall |
| Furnished | Unfurnished |
| Rooms Total | 5 |
Exterior
| Exterior Features | None |
|---|---|
| Roof | Architectural Shingle |
| Foundation Details | Brick/Mortar, Block |
| View | See Remarks |
| Construction Materials | Wood Siding, Wood Frame |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Off Street, Paved |
Utilities
| Utilities | Sewer Connected, Water Connected |
|---|
Taxes
| Tax Assessed Value | 260100 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | PT LTS 5/6 BLK 7 WILM |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Dawson Greenfield |
| School District | New Hanover |
| Elementary School | Forest Hills |
| High School | Hoggard |
| Listing VS Median (in Dawson Greenfield) | |
Price: $350,000 low | high Med: $350,000 sqft: 799 low | high Med: 1,170 $ / sqft: $438 low | high Med: $299 On site: 55 low | high Med: 217 | |
Market Activity 28401
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Learn More About This Property
| State | NC |
|---|---|
| County | New Hanover |
| City | Wilmington |
| Zip Code | 28401 |
| Community Name | Dawson Greenfield |
| School District | New Hanover |
| Elementary School | Forest Hills |
| High School | Hoggard |
| Listing VS Median (in Dawson Greenfield) | |
Price: $350,000 low | high Med: $350,000 sqft: 799 low | high Med: 1,170 $ / sqft: $438 low | high Med: $299 On site: 55 low | high Med: 217 | |
