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Executive Summary
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.
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.
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
2,640 SF
Building Class
C
Year Built
1918
Price
$895,000
Price Per SF
$339.02
Building Height
2 Stories
Typical Floor Size
1,632 SF
Building FAR
1.09
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
HD - Housing Development
Parking
7 Spaces (2.65 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (82)
Property Taxes
| Parcel Number | R04817-038-012-000 | Improvements Assessment | $366,900 |
| Land Assessment | $93,800 | Total Assessment | $460,700 |
Property Taxes
Parcel Number
R04817-038-012-000
Land Assessment
$93,800
Improvements Assessment
$366,900
Total Assessment
$460,700
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