$485,000

3 bd · 3 ba · 1,280 sq ft

516 N 7th Street

Wilmington, NC, 28401 · Downtown

Listed 2 days ago · Status checked with the MLS Oct 18, 9:11 PM

Market checkSimilar homes in Downtown sold for a median 96.3% of first asking price in 21 days (32 sales, last 12 months) See recent sales ↓

Hive MLSListed by Fathom Realty NC LLC

About this home

Seller offering $10,000 in ''use as you choose'' buyer credit! 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
MLS #
100610909

Features

Inside

  • Master Downstairs
  • Wood
  • Electric Oven
  • Disposal
  • Dishwasher

Outside

  • None

Parking

  • On Street

Heating & cooling

  • Electric
  • Heat Pump
  • Central Air

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

HomeSoldBd / BaSq ftPrice$ / sq ft
110 S 11th Street, WilmingtonSep 1, 20262 / 21,100$370,000$336
1610 Dock Street, WilmingtonAug 20, 20263 / 21,106$455,000$411
1309 Marsdon Avenue, WilmingtonAug 19, 20263 / 21,461$361,400$247
517 S 9th Street, WilmingtonJul 23, 20263 / 2977$290,000$297

Similar size and type, sold in the last 12 months. From Hive MLS records; deemed reliable, not guaranteed.

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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 20% above the median asking price ($405,000) of the 473 other 3-bedroom listings for sale in Wilmington today.

That's about $379 per square foot, compared with a Wilmington median asking price of $262 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 3 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.

Buying 516 N 7th Street

  1. See it in person. Pick a time and we'll call to confirm — often same day.
  2. 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.
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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 18, 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?

3 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.

Listing provided by Fathom Realty NC LLC via Hive MLS.