$375,000
 $1,956 est/mo Sourced by Back At You

5315 Andover Road,Wilmington, NC 28403

Wilmington, NC 28403

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Description

Great opportunity in an established central Wilmington location! This 3-bedroom, 2-bath brick ranch sits on a spacious approximately 0.46-acre lot and offers no HOA. The large lot provides plenty of outdoor space along with potential for an accessory dwelling unit (ADU), subject to applicable zoning and permitting requirements. The home offers a functional layout, two full bathrooms, and the classic character of an established Wilmington neighborhood. Currently tenant-occupied at $2,100/month on a month-to-month basis, with the tenant interested in staying, making this an attractive option for an investor looking for immediate rental income. It could also be a great opportunity for a future owner-occupant. Conveniently located near UNCW, shopping, dining, Wrightsville Beach, and downtown Wilmington. No HOA, large lot, ADU potential, solid rental history, and a desirable central location make this one worth a look. Owner is a licensed North Carolina real estate broker.

Details

MLS #100602750
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1964
Days On Site56
Listing Provided ByCoastal Properties | Mark C Reiser

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,150
Story(s)1
ZoningR-15
Acreage0.46
Property ViewCreek, Creek, Stream

Interior

Interior FeaturesNone
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air
Fireplace Yes / NoNo
Laundry FeaturesLaundry Closet
Rooms Total6

Exterior

Exterior FeaturesNone
RoofShingle
Foundation DetailsCrawl Space
Lot FeaturesStream
ViewCreek, Creek/Stream
Construction MaterialsBrick Veneer, Wood Frame

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesUnpaved, Off Street

Utilities

UtilitiesSewer Available, Water Available

Taxes

Tax Assessed Value308800
Tax Book Number6527
Tax Legal DescriptionR05613-003-005-000
Tax Year2025

Area Information

StateNC
CountyNew Hanover
CityWilmington
Zip Code28403
Community NameGreen Acres
School DistrictNew Hanover
Elementary SchoolCollege Park
High SchoolHoggard
Listing VS Median (in Green Acres)
Price:
$375,000
low | high
Med:
$274,950
76.68% of Average
sqft:
1,150
low | high
Med:
1,356
32.086956521739% of Average
$ / sqft:
$326
low | high
Med:
$202
88.050667351576% of Average
On site:
56
low | high
Med:
191.5
29.242819843342% of Average
Sourced by Back At You

Market Activity 28403

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Learn More About This Property

StateNC
CountyNew Hanover
CityWilmington
Zip Code28403
Community NameGreen Acres
School DistrictNew Hanover
Elementary SchoolCollege Park
High SchoolHoggard
Listing VS Median (in Green Acres)
Price:
$375,000
low | high
Med:
$274,950
76.68% of Average
sqft:
1,150
low | high
Med:
1,356
32.086956521739% of Average
$ / sqft:
$326
low | high
Med:
$202
88.050667351576% of Average
On site:
56
low | high
Med:
191.5
29.242819843342% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 9:41:26 AM PDT