Ad #6327995
MLS #100603899
INVESTMENT OPPORTUNITY WITH DETACHED INCOME-PRODUCING ADU! 5050
5050 Wrightsville Ave, Wilmington, NC 28403
$465,000
4Beds
2Baths
1,423Sqft
0.44Acres
About this property
INVESTMENT OPPORTUNITY WITH DETACHED INCOME-PRODUCING ADU! 5050 Wrightsville Avenue offers a unique opportunity, with O&I zoning for home or business, featuring a renovated 3-bedroom, 1-bath main residence PLUS a separate detached ADU that is already tenant-occupied and producing $900 per month in rental income. The main residence has undergone substantial renovations, including new LVP flooring throughout, fresh interior paint, new HVAC, new appliances, new countertops, and a renovated bathroom. Both the main residence and detached ADU received new roofs in 2022. The detached ADU is a major feature of this property, providing existing rental income from day one. The ADU has its own water and sewer connections and is currently leased at $900 per month, creating an attractive opportunity for an investor or an owner-occupant looking to offset housing expenses with rental income. Situated on approximately 0.44 acres with O&I zoning, the property also offers a large yard and ample off-street parking. Documentation regarding the ADU's legal nonconforming residential status is available. Whether purchased as an investment property or as a primary residence with supplemental rental income, or as a place for your business, the separate income-producing ADU provides flexibility that is difficult to find in this Wilmington location. Convenient access to UNCW, Wrightsville Beach, shopping, restaurants, and downtown Wilmington. MAIN HOUSE + DETACHED ADU + EXISTING $900/MONTH ADU RENTAL INCOME.
Property Features
4 Beds
2 Baths
1,423 Sqft
Built in 1960
0.44 Acres
1 Story
Off Street
Siding: Block, Brick, Wood Frame
Shingle Roof
Heat Pump (Heating), Electric (Heating)
$3,291 / yr property tax
New Hanover County
Not In Subdivision Community
Additional Photos
Contact Information
Timothy M Hearne
Cadence Realty Corporation
252-229-6387
Location
Listing Agent: Timothy M Hearne (License #: 359839) 252-229-6387
Broker: Cadence Realty Corporation 910-239-7697 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Cadence Realty Corporation 910-239-7697 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Oct 23, 2026
Photo Gallery
$465,000
4
Beds
2
Baths
1,423
Sqft
5050 Wrightsville Ave, Wilmington, NC 28403
By contacting this agent you agree to these Terms and Conditions.
MLS# 100603899
$465,000
5050 Wrightsville Ave, Wilmington, NC 28403
4
Beds
2
Baths
1,423
Sqft
0.44
Acres
4 Beds
2 Baths
1,423 Sqft
0.44 Acres
Accessibility Features
Accessible Approach with Ramp
INVESTMENT OPPORTUNITY WITH DETACHED INCOME-PRODUCING ADU! 5050
INVESTMENT OPPORTUNITY WITH DETACHED INCOME-PRODUCING ADU! 5050 Wrightsville Avenue offers a unique opportunity, with O&I zoning for home or business, featuring a renovated 3-bedroom, 1-bath main residence PLUS a separate detached ADU that is already tenant-occupied and producing $900 per month in rental income. The main residence has undergone substantial renovations, including new LVP flooring throughout, fresh interior paint, new HVAC, new appliances, new countertops, and a renovated bathroom. Both the main residence and detached ADU received new roofs in 2022. The detached ADU is a major feature of this property, providing existing rental income from day one. The ADU has its own water and sewer connections and is currently leased at $900 per month, creating an attractive opportunity for an investor or an owner-occupant looking to offset housing expenses with rental income. Situated on approximately 0.44 acres with O&I zoning, the property also offers a large yard and ample off-street parking. Documentation regarding the ADU's legal nonconforming residential status is available. Whether purchased as an investment property or as a primary residence with supplemental rental income, or as a place for your business, the separate income-producing ADU provides flexibility that is difficult to find in this Wilmington location. Convenient access to UNCW, Wrightsville Beach, shopping, restaurants, and downtown Wilmington. MAIN HOUSE + DETACHED ADU + EXISTING $900/MONTH ADU RENTAL INCOME.
34 days
on BarrierFreeHome.com
31
views
0
saves
Property Details
HOME DETAILS
4 Beds
2 Baths
1,423 Sqft
Built in 1960
0.44 Acres
1 Story
EXTERIOR
Off Street
Siding: Block, Brick, Wood Frame
Shingle Roof
INTERIOR
Heat Pump (Heating), Electric (Heating)
FINANCIAL & COMMUNITY
$3,291 / yr property tax
New Hanover County
Not In Subdivision Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
6327995
Viewed
31 times
Listing Status
Active Under Contract
Added
Sep 18, 2026
Last Refreshed
Oct 23, 2026 12:45:43 AM
Listing Information
Data Source
Hive MLS
Source Property ID
100603899
Listing Agent: Timothy M Hearne (License #: 359839) 252-229-6387
Broker: Cadence Realty Corporation 910-239-7697 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Cadence Realty Corporation 910-239-7697 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Request Information
Start advertising today
Explore options for real estate agents and homeowners advertising on BarrierFreeHome.com
Sell Your Home
Explore Similar Properties
