511 Marstellar ST, Wilmington, NC 28401
511 Marstellar ST, Wilmington, NC 28401
511 Marstellar ST, Wilmington, NC 28401
511 Marstellar ST, Wilmington, NC 28401
511 Marstellar ST, Wilmington, NC 28401
511 Marstellar ST, Wilmington, NC 28401
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$ 365,000
Est. payment | /mo

3 Beds

1 Bath

799 SqFt


Save
$ 365,000
Est. payment | /mo
Save

3 Beds

1 Bath

799 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 799 sqft

Price per Sqft $456

Subdivision Dawson-Greenfield

MLS Listing ID 100586361

Style Wood Frame,Stick Built

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1910

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 90x100

Property Sub-Type Single Family Residence

Source Hive MLS

Property Description

Investor's dream! Rare opportunity to own both 509 and 511, featuring a beautifully renovated 3-bedroom, 1-bath bungalow plus a detached studio apartment above the garage. With income-producing potential and the ability to subdivide the lot (buyer to verify), this property offers incredible flexibility for investors, owner-occupants, or multigenerational living.
Nestled beneath a stunning mature live oak on a .20-acre lot, the main home welcomes you with a charming front porch and private driveway. Inside, you'll find refinished hardwood floors, new tile flooring, a beautifully renovated kitchen and bathroom, brand-new kitchen appliances, and fresh paint throughout. Major updates include a new HVAC system (2023), all new windows and exterior doors, updated interior and exterior lighting, and exterior wood replacement.
The detached studio apartment creates an excellent opportunity for rental income, a guest suite, or a private home office. Below, the garage provides ample storage, while the detached backyard shed offers even more space for tools and equipment. The fully fenced backyard is a blank canvas with plenty of room for gardening, entertaining, or creating your own outdoor oasis.
Located within walking distance of the South Front District and just minutes from Greenfield Lake, the Cargo District, and historic downtown Wilmington. Enjoy easy access to the 5th Avenue bike route, making it simple to reach Wilmington's restaurants, breweries, shopping, and riverfront attractions.
Whether you're expanding your investment portfolio, house hacking, or searching for a property with future development potential, opportunities like this are hard to find.

Location

State NC

County New Hanover

Community Dawson-Greenfield

Zoning R-5

Direction Travel south on S. 3rd Street. Turn left onto Marstellar Street. Continue approximately two blocks. The home will be on the left at 511 Marstellar Street.

Location Details Mainland

Rooms

Other Rooms Guest House

Basement None

Primary Bedroom Level Primary Living Area

Interior

Interior Features Master Downstairs, Apt/Suite

Heating Electric, Heat Pump

Cooling Central Air

Flooring Tile, Hardwood

Furnishings Unfurnished

Appliance Gas Oven

Laundry In Hall

Exterior

Exterior Feature None

Parking Features Off Street, Paved

Garage Spaces 1.0

Utilities Available Sewer Connected, Water Connected

Amenities Available None

View See Remarks

Roof Type Architectural Shingle

Accessibility None

Porch Covered, Porch

Garage Yes

Building

Entry Level One

Foundation Brick/Mortar, Block

Water Public

Level or Stories 1

Structure Type None

New Construction No

Schools

Elementary Schools Forest Hills

Middle Schools Myrtle Grove

High Schools Hoggard

Others

Tax ID R05413-021-002-000

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by Coldwell Banker Sea Coast Advantage

NEARBY SCHOOLS & PROPERTIES

Mark Pearson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(252) 573-9198

mark@obxlivingteam.com

5960 Fairview Rd Ste. 400, Charlotte, NC, 28210, United States

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511 Marstellar ST