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Listed price in listed location currency (USD).
$525,000

422

MLS® 100582541

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2161 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 0.53 Acres
Approx. Age 1940
Avg. Price Per Sqft $242
MLS® Number 100582541

Property Address: 4924 Oleander Dr, Wilmington, NC, 28403-5264

Average square foot calculated using Size range provided by listing agent.

Description

Unique investment and owner-user opportunity in one of Wilmington's most visible and desirable corridors. Located on highly traveled Oleander Drive and zoned Residential Office (RO), 4924 Oleander Drive offers exceptional flexibility for residential, professional office, rental income, or mixed-use applications (subject to applicable city regulations and approvals). The property features a charming 2-bedroom, 1-bath main house that is currently vacant, providing immediate occupancy for an owner-user, tenant placement, or office conversion. Complementing the main residence is a detached 2-car garage with a 2-bedroom, 1-bath accessory dwelling unit (ADU), currently tenant occupied. The ADU will require some finish work and repairs, presenting an opportunity for value-add improvements. The Residential Office zoning opens the door to a variety of potential uses, including residential occupancy, professional office space, live-work arrangements, rental investment, or other permitted uses. Buyers should verify intended use with the City of Wilmington. Positioned in a high-visibility location with excellent access and exposure, the property is just minutes from the University of North Carolina Wilmington (UNCW), Independence Mall, Hanover Center, Novant Health facilities, restaurants, retail centers, and numerous professional businesses. Its central Wilmington location provides convenient access to Downtown Wilmington, Wrightsville Beach, and major transportation corridors. Whether you're seeking an income-producing investment, a live-work property, professional office location, or redevelopment opportunity, 4924 Oleander Drive offers versatility, visibility, and long-term potential in one of Wilmington's most established commercial and residential districts. Property is being sold AS-IS.
MLS® Number100582541
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1940
Basement
DrivewayGravel, Garage
Garage Spaces
HeatOther, Heat Pump, Electric
A/COther, Heat Pump

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $390,000 and $593,000.
Similar properties in this area sold on average for: $390,500
Expected to sell in 28 days. Similar properties sold in 28 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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