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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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4911 Oleander Dr , Wilmington, NC 28403
$699,000
Est. Payment: $3,602.09/mo
3 Bed
4 Bath
2614 Sqft
Status: pending | Days on site: 35
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Rare Live/Work Investment Opportunity in Wilmington's Residential Overlay District! Discover unmatched flexibility and incredible income potential with this historic, multi-unit midtown property. Perfectly designed for modern versatility, this unique estate functions seamlessly as a primary residence, a professional office space, or a high-yielding multi-stream investment. The main home features an adaptable front layout ideal for living quarters or a customer-facing business. The rear of the main home includes its own separate entrance--while maintaining internal access--making it a perfect setup for an in-law suite, a private office, or an immediate rental unit. Step outside to find a completely detached Accessory Dwelling Unit (ADU) ready to generate secondary rental income or serve as a quiet detached workspace. Situated on a spacious 0.36-acre lot, the property benefits from highly desirable rear-alley access out to 51st Street and the traffic light for easy, safe ingress and egress. Located in the coveted Residential Overlay District (ROD), the zoning allows for a diverse range of residential, professional office, and medical uses. Whether you want to ''house hack'' and live rent-free, run your business from home, or add a powerhouse asset to your rental portfolio, this affordable ROD property delivers. Don't miss out on this exceptional piece of Wilmington real estate--schedule your tour today!

Highlights

Listed by Marcello Caliva and Associates , 910-538-3063 and Marcello M Caliva , 910-538-3063 Intracoastal Realty Corporation , 910-256-4503. Hive MLS mls logo

Property Type

Residential

Lot/Acreage
0.45

Year Built

1955

County

New Hanover

Neighborhood

Piney Woods

School District

New Hanover

Listing ID

100574328

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:4
  • Full Bathrooms:3
  • 1/2 Bathrooms:1
Air Cond:Wall/Window Unit(s)
Fireplaces:
Other:Bookcases,Apt/Suite,Built-in Features

Exterior Features

Lot:Fencing: Partial
Lot Dimensions:Irregular
Garage Capacity:0
Zoning:ROD
Roof:Shingle
Parking Features:Circular Driveway,Off Street
Principal Interest
$3,602
Taxes
$446

Home Price

$699,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$139,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,602.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,602.09 $445.61 $0.00 $4,047.70
Yearly $43,225.09 $5,347.35 $0.00 $48,572.44
Total $1,296,752.72 $160,420.50 $0.00 $1,457,173.22

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Wilmington, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Hive MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-02T05:40:16.000Z

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