$499,000
Wilmington, NC 28403
MLS# 100603899
Status: Coming Soon - No Showings
4 beds | 2 baths | 1053 sqft
1 / 1
Property Description
INVESTMENT OPPORTUNITY WITH DETACHED INCOME-PRODUCING ADU! 5050 Wrightsville Avenue offers a unique opportunity 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, 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.
Details
Maps
Location Information
Street #: 5050
Street Name: Wrightsville
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28403
City Limits: Yes
Marketing City: Wilmington
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.212198
Geo Lon: -77.870168
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Coming Soon - No Showings
Marketing Start Date: 2026-09-16
Listing Price: 499000
Current Price: $499,000
List Price/SqFt: 346.29
Stipulation of Sale: Standard
Remarks and Showing
Directions to Property: From Military Cutoff Rd, turn right onto Wrightsville Ave. Property will be on the left, just before Recon Surf building.
Sign on Property: Yes
Property Exterior Info
New Construction: No
Accessory Dwelling Unit YN: Yes
Lot Acres: 0.44
Lot SqFt: 19166
Lot Dimensions: 19166
Waterfront: No
Location Type: Mainland
Property Interior Info
SqFt - Heated (Primary): 1053
SqFt - Heated Separate: 388
Total SqFt - Heated (Primary + Separate): 1441
# Rooms: 5
# Baths - Full: 2
# Baths - Total: 2
# Bedrooms: 4
Master Bedroom Level: Primary Living Area
Stories Total: 1
Fireplace Y/N: No
Rental Information
Lease Term: Month To Month
Current Service Providers
Electric Provider: Duke Energy
Sewer Provider: Cape Fear Public Utility Authority
Water Provider: Cape Fear Public Utility Authority
Entry Level Information
Entry Level: 1
Rooms
Bedroom 2 Level: Main
Bedroom 3 Level: Main
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Legal Taxes
Year Built: 1960
Property Features
Frontage Type: See Remarks
Handicap Accessible: Accessible Approach with Ramp
View Type: None
Attic: Stairs - Pull Down
Property Condition: Updated/Remodeled
Construction: Block; Wood Frame
Unit Type: 3 Bedroom; Studio
Exterior Finish: Block; Brick
Fencing: Back Yard; Wood
Foundation: Crawl Space
Parking Features: Off Street
Patio and Porch Features: Patio
Roof: Architectural Shingle
Levels: One
Trash Collection: City Pick-UP
Cooling: Central Air; Heat Pump; Wall/Window Unit(s)
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Available; Water Available; Water Connected
Sewer: Municipal Sewer
Water Source: Municipal Water
Flooring: LVT/LVP
Interior Features: None
Heated SqFt: 1000 - 1199
Dining Room Type: Kitchen
Other Structures: Guest House
Rooms: Bedroom 2; Bedroom 3; Kitchen; Living Room; Master Bedroom
Terms: Cash; Conventional; FHA; VA Loan
Room Information
| Room Name | Length | Width | Level |
| Master Bedroom | 11.00 | 9.20 | Main |
| Bedroom 2 | 9.50 | 9.10 | Main |
| Bedroom 3 | 10.80 | 12.90 | Main |
| Kitchen | 18.70 | 8.11 | Main |
| Living Room | 17.11 | 12.00 | Main |
IDX
Listing Office: Cadence Realty Corporation
Last Updated: September - 16 - 2026
Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.