About this home
Fall in love with a piece of Wilmington history in this enchanting 1879 Queen Anne-style bungalow in Historic Downtown Wilmington. Soaring ceilings, original hardwood floors, a classic clawfoot tub, and two decorative fireplaces capture the timeless charm of a bygone era. Two bedrooms and a private, whimsical turnkey loft offer flexible living space and proven short-term rental appeal, generating over $17,000 in Airbnb rental income in less than a year with 68 five-star reviews. Recent updates include new HVAC downstairs and upstairs, exterior wood siding repairs, and fresh interior paint. Outside, a fully fenced backyard beneath a gorgeous tree canopy creates a peaceful private retreat. Just one block from the iconic One Tree Hill Bridge and minutes from the Brooklyn Arts District, Live Oak Bank Pavilion, and downtown's beloved restaurants, shops, and waterfront, this historic gem is a rare opportunity to own a home with a story to tell.
Facts
- Type
- Single Family Residence
- Year built
- 1879
- Lot
- 0.06 acres
- Community
- Downtown
- County
- New Hanover
- Price per sq ft
- $379
- Stories
- 2
- Construction
- Wood Siding, Wood Frame
- Roof
- Metal
- Foundation
- Crawl Space
- Water
- Public
- Property tax
- $1,816 / year (2025)
- Listed
- Oct 16, 2026
- MLS #
- 100610909
Features
Inside
- Master Downstairs
- Wood
- Electric Oven
- Disposal
- Dishwasher
Outside
- None
Parking
- On Street
Heating & cooling
- Electric
- Heat Pump
- Central Air
Directions to 516 N 7th Street
South on Market, take a right on North 7th St. House is on the right between Red Cross and Campbell.
Schools
- Elementary
- Snipes
- Middle
- Williston
- High
- New Hanover
As listed in the MLS (New Hanover). School assignments can change — confirm with the district for this address.
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Recent sales like this in Downtown
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 110 S 11th Street, Wilmington | Sep 1, 2026 | 2 / 2 | 1,100 | $370,000 | $336 |
| 1610 Dock Street, Wilmington | Aug 20, 2026 | 3 / 2 | 1,106 | $455,000 | $411 |
| 1309 Marsdon Avenue, Wilmington | Aug 19, 2026 | 3 / 2 | 1,461 | $361,400 | $247 |
| 517 S 9th Street, Wilmington | Jul 23, 2026 | 3 / 2 | 977 | $290,000 | $297 |
Similar size and type, sold in the last 12 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Wilmington? Local guides
- Real Stories: Why People Moved to Wilmington, NCReal neighbors who moved to Wilmington, Ogden, Carolina Beach and Hampstead share why they chose the NC coast, what surprised them, and their advice.
- Buying a Home in Wilmington, NC: Buddy's Top TipsBuddy Blake's top tips for buying around Wilmington, NC: pre-approval, NC due diligence fee vs. earnest money, inspections, flood and insurance checks.
- Selling Your Home in Wilmington, NC: Buddy's Top TipsBuddy Blake's top tips for selling around Wilmington, NC: pre-market inspection, repairs that matter, pricing right, due diligence and three ways to sell.
Our take on 516 N 7th Street
Written by the Buddy Blake Team from the listing photos and MLS data. Not part of the MLS listing or the listing broker's description.
This two-story single family property was built in 1879 and offers 1,280 square feet across three bedrooms and three bathrooms. The primary suite is on the main level, and wood flooring runs through the interior. The listed appliances include an electric oven, dishwasher, and disposal.
The lot covers 0.06 acres in the Downtown area of Wilmington and is served by public utilities. Parking is on the street, and heating and cooling come from a heat pump paired with central air. No pool, water feature, view, or lot feature is listed, so the setting is best described by its in-town location and compact footprint.
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About 516 N 7th Street
516 N 7th Street is a 3-bedroom, 3-bath home of about 1,280 square feet, built in 1879 in Downtown, Wilmington, New Hanover County, NC 28401.
At $485,000, it's 19% above the median asking price ($409,000) of the 477 other 3-bedroom listings for sale in Wilmington today.
That's about $379 per square foot, compared with a Wilmington median asking price of $263 per square foot.
17 other homes are for sale in Downtown right now (median asking $399,000); 34 homes sold there in the last 12 months at a median of $349,500, typically in about 60 days.
Across ZIP 28401, 170 3-bedroom homes sold in the past year at a median of $380,000.
It has been on the market for 4 days.
Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.
Downtown neighborhood guideHomes for sale in WilmingtonNew Hanover County homes
Buying 516 N 7th Street
- See it in person. Pick a time and we'll call to confirm — often same day.
- Practice your offer. Try our new Offer Simulator: see how a seller might answer, go back and forth, and learn how offers work in NC. No risk, no sign-up.
- Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works
Own a home near 516 N 7th Street? See what it's worth — a home value report built from real sales in Downtown.
What's my home worth? →Questions about 516 N 7th Street
How much is 516 N 7th Street?
516 N 7th Street is listed at $485,000 (about $379 per square foot) as of October 20, 2026. Status: for sale.
How many bedrooms and bathrooms does 516 N 7th Street have?
3 bedrooms and 3 bathrooms, with about 1,280 square feet.
What neighborhood is 516 N 7th Street in?
Downtown, in Wilmington, New Hanover County, North Carolina.
How long has 516 N 7th Street been on the market?
4 days. Homes in Downtown sold after a median of 60 days over the past year.
What have homes sold for in Downtown?
34 homes sold in Downtown in the last 12 months, at a median price of $349,500.
When was 516 N 7th Street built?
1879.
Who is the listing broker for 516 N 7th Street?
Fathom Realty NC LLC (MLS #100610909). The Buddy Blake Team can show it to you and answer questions.
Can I tour 516 N 7th Street?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.