Ad #7794879
MLS #100574328
Rare Live/Work Investment Opportunity in Wilmington's
4911 Oleander Dr, Wilmington, NC 28403
$699,000
3Beds
4Baths
2,614Sqft
0.45Acres
About this property
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!
Property Features
3 Beds
4 Baths
2,614 Sqft
Built in 1955
0.45 Acres
2 Stories
Off Street, Driveway
Siding: Wood Siding, Wood Frame
Shingle Roof
Forced Air, Electric (Heating)
$3,571 / yr property tax
New Hanover County
Piney Woods Community
Additional Photos
Contact Information
Marcello Caliva and Associates
Intracoastal Realty Corp
910-538-3063
Location
Listing Agent: Marcello Caliva and Associates 910-538-3063
Broker: Intracoastal Realty Corp 800-533-1840 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: Intracoastal Realty Corp 800-533-1840 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.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$699,000
3
Beds
4
Baths
2,614
Sqft
4911 Oleander Dr, Wilmington, NC 28403
By contacting this agent you agree to these Terms and Conditions.
MLS# 100574328
Rare Live/Work Investment Opportunity in Wilmington's
$699,000
4911 Oleander Dr, Wilmington, NC 28403
3
Beds
4
Baths
2,614
Sqft
0.45
Acres
$699,000
4911 Oleander Dr, Wilmington, NC 28403
3 Beds
4 Baths
2,614 Sqft
0.45 Acres
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!
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Property Details
HOME DETAILS
3 Beds
4 Baths
2,614 Sqft
Built in 1955
0.45 Acres
2 Stories
EXTERIOR
Off Street, Driveway
Siding: Wood Siding, Wood Frame
Shingle Roof
INTERIOR
Forced Air, Electric (Heating)
FINANCIAL & COMMUNITY
$3,571 / yr property tax
New Hanover County
Piney Woods Community
See More Details
Location
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Ad Statistics
Ad Number
7794879
Viewed
15 times
Listing Status
Active Under Contract
Added
Jul 01, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Hive MLS
Source Property ID
100574328
Listing Agent: Marcello Caliva and Associates 910-538-3063
Broker: Intracoastal Realty Corp 800-533-1840 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: Intracoastal Realty Corp 800-533-1840 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.
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