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Single Family Residence at 516 N 7th Street, Wilmington, NC 28401, Wilmington
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$485,000

516 N 7th Street, Wilmington, NC 28401
Wilmington, NC 28401
Listed by Mary-Margaret A Porter · Fathom Realty NC LLC
Bedrooms
3
Bathrooms
2.5
Living area
1,280 sqft
Year built
1879

About this home

Seller offering $10,000 in ''use as you choose'' buyer credit! Fall in love with a piece of Wilmington history in this enchanting 1879 Queen Anne-style bungalow in Historic Downtown Wilmington. Soaring ceilings, original hardwood floors, a classic clawfoot tub, and two decorative fireplaces capture the timeless charm of a bygone era. Two bedrooms and a private, whimsical turnkey loft offer flexible living space and proven short-term rental appeal, generating over $17,000 in Airbnb rental income in less than a year with 68 five-star reviews. Recent updates include new HVAC downstairs and upstairs, exterior wood siding repairs, and fresh interior paint. Outside, a fully fenced backyard beneath a gorgeous tree canopy creates a peaceful private retreat. Just one block from the iconic One Tree Hill Bridge and minutes from the Brooklyn Arts District, Live Oak Bank Pavilion, and downtown's beloved restaurants, shops, and waterfront, this historic gem is a rare opportunity to own a home with a story to tell.

Highlights

Fireplace

Property details

MLS
Hive MLS
MLS #
100610909
Property type
Single Family Residence
Subdivision
Downtown
Status
Active
Days on market
2
On market date
October 16, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.06 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
A H Snipes Academy of Arts/Des
1.21 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
391
Student:teacher ratio
10.6:1
District
New Hanover County Schools
Middle
Williston Middle
0.9 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
698
Student:teacher ratio
12.7:1
District
New Hanover County Schools
High
Isaac M Bear Early College High School
3.75 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
230
Student:teacher ratio
23.0:1
District
New Hanover County Schools

Walkability

Blended score for Wilmington's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

71
Walkable
out of 100
EPA National Walkability Index
14.2 / 20 -- Above average walkable

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,071/mo
$97,000 down
$388,000 loan
Principal & interest$2,517
Property tax (est.)$404
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.