LKV Realty
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$350,000
$1,900Reward *
511 Marstellar Street, Wilmington, NC 28401Listing ID 100586361

511 Marstellar Street, Wilmington, NC 28401

Active
Dawson-Greenfield
Time on site: 44 daysLast updated: Aug 7, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
1
Square Feet
Square Feet
799
Acres
Acres
0.2
Days on Site
Days on Site
44
Cooling
Cooling
Central Air
Heating
Heating
Electric, Heat Pump
Year Built
Year Built
1910
Garages
Garages
1
Parking
Parking
Off Street, Paved

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.

Property Information

Property Details

Location

Address
511 Marstellar Street
County
New Hanover
City
Wilmington
Zip Code
28401
Subdivision
Dawson-Greenfield
School District
New Hanover
High School
Hoggard
Elementary School
Forest Hills

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
1

Building

Building Information

Square Feet
799
Year Built
1910
Construction
Wood Siding, Wood Frame
Foundation
Brick/Mortar, Block
Roof
Architectural Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Year
2025
Derek CriscitielloColdwell Banker Sea Coast Advantage

Market Report for 28401

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Hive MLS
Hive MLS logo

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. All information herein has not been verified and is not guaranteed. ©2026 Hive MLS LLC.

For corrections to this data please contact Brytecore MLS Support.

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