5417 Park Avenue, Wilmington, NC 28403 (MLS # 100602701)
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Excellent opportunity to own 2 income-producing units on a single parcel less than 1 mile from UNCW! Situated on a spacious 0.27-acre lot, this unique property offers a 1,419 sq ft, 3-bedroom, 2-bath main home plus a 1,109 sq ft detached 2-bedroom, 1.5-bath ADU, providing a total of 2,528 heated sq ft, making it an excellent opportunity for rental income, multigenerational living, or guests. The main home features a spacious living room leading into the expansive kitchen and dining area. The kitchen offers stainless steel appliances, abundant cabinetry, and a large center island. Privately located at the rear of the home, the primary suite includes a spacious walk-in closet and an en suite bath with dual vanities and a deep jetted tub. Two additional bedrooms and a full bath provide flexibility for family or guests. Additional features include a covered front porch and a laundry/mud room opening to a wood deck connected to the ADU. The ADU, recently renovated in 2025, features durable luxury vinyl plank flooring throughout. The lower level includes two bedrooms with tray ceilings, a full bath with dual vanities and a tiled walk-in shower, plus a laundry closet. Upstairs, the open living area features a kitchen with granite countertops, stainless steel appliances, a raised breakfast bar, and a half bath. The balcony off the main porch offers the perfect place to enjoy morning coffee. An oversized driveway and parking pad provide abundant off-street parking. Recent updates include a new roof on the main home (2023), main home HVAC (2022), ADU HVAC (2024 with Anderson Air warranty through December 2034), and water heaters in both residences (main home 2022; ADU 2024). Conveniently located less than 1 mile from UNCW and the Wilmington Municipal Golf Course, 5 miles from Wrightsville Beach, and 7 miles from downtown Wilmington, this property combines an unbeatable location with exceptional flexibility for homeowners and investors alike.
| DAYS ON MARKET | 2 | LAST UPDATED | 9/10/2026 |
|---|---|---|---|
| TRACT | Not In Subdivision | YEAR BUILT | 2004 |
| COUNTY | New Hanover | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Winter Park |
|---|---|
| Jr. High School | Roland Grise |
| High School | Hoggard |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Range, Electric Water Heater, Refrigerator |
| BASEMENT | Crawl Space, None |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Electric, Forced Air, Heat Pump |
| INTERIOR | Eat-in Kitchen, Kitchen Island, Master Downstairs, Walk-In Closet(s) |
| LOT | 0.26 acre(s) |
| LOT DESCRIPTION | Open Lot |
| LOT DIMENSIONS | irregular |
| PARKING | Gravel, Concrete, Off Street, On Site |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| SUBDIVISION | Not In Subdivision |
| TAXES | 2932.5 |
| UTILITIES | Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | See Remarks |
| WATER | Public |
| WATERFRONT DESCRIPTION | See Remarks |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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