Listing provided courtesy of Intracoastal Realty Corporation- MLS# 100516487MLS Provider

5018 Oleander DriveWilmington, NC 28403

Multi-Family · 2 Beds · 3,579 Sq. ft. | 0.46 Acres
$979,000 Active

5018 Oleander Drive Overview

Time on Site:
364 days
Visits:
133

Unique Opportunity in Midtown Wilmington. Discover a rare commercial mixed-use property located in the heart of Midtown Wilmington. This offering includes two buildings totaling approximately 3,900 square feet(3579 SF Heated and 347 SF enclosed), ideally situated on nearly half an acre along the high-visibility Oleander Drive corridor. There is a store front, design studio and a one-bedroom apartment. Positioned within the RO (Residential Office) zoning district, the property allows for a wide range of both residential and commercial uses—making it perfect for entrepreneurs, investors, or those seeking a live/work environment. The buildings have recently undergone a comprehensive renovation, featuring a flexible floor plan that can easily adapt to various business or residential needs. The layout and improvements provide excellent potential for office space, a small professional practice, creative studio, or a combination of uses. Currently owner-occupied, this property offers a unique opportunity for owner-users or as a turnkey investment in one of Wilmington's most central and accessible locations.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

5018 Oleander Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,579
  • Price/Sq.ft. $274
  • Lot 0.46 Acres

Details

General

Association/HOA

  • Association Amenities: None
  • Association: false

School Information

  • Elementary School: Winter Park
  • Middle Or Junior School: Roland Grise
  • High School: Hoggard

Green Features

  • Green Building Verification Type: None

Building Information

  • New Construction: false
  • Year Built: 1954

Location/Region

  • County Or Parish: New Hanover
  • Subdivision Name: Piney Woods

Community/Development

  • Number Of Units In Community: 3

Tax Information

  • Tax Assessed Value: 537400
  • Tax Year: 2024

General Information

  • Furnished: Negotiable
  • Listing Terms: Cash,Conventional,VA Loan
  • Parcel Number: R06108-009-001-000
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard
  • Zoning: ROD

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 3
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 3579.0

General Information

  • Accessibility Features: Accessible Approach with Ramp
  • Appliances: Electric Oven,Refrigerator,Dishwasher
  • Basement: None
  • Fireplace: false
  • Flooring: Tile,Vinyl
  • Foundation Details: Slab,Crawl Space
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: Dryer Hookup,Washer Hookup
  • Levels: Three Or More
  • Stories: 1
  • Stories Total: 1
  • Window Features: Thermal Windows

Exterior

Parking Information

  • Open Parking Spaces: 6
  • Parking Features: Shared Driveway,Additional Parking,Off Street

Lot Information

  • Frontage Type: See Remarks
  • Lot Features: Level
  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Dimensions: 100 x 200
  • Lot Size Square Feet: 19994.00
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: See Remarks
  • Waterfront Features: None
  • Waterfront: false

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Brick,Vinyl Siding,Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Structure Type: Wood Frame

General Information

  • Exterior Features: None
  • Fencing: None
  • Number Of Units Total: 3
  • Pool Features: None
  • Road Frontage Type: City Street,State Road,Paved
  • Utilities: Electricity Connected,Propane,Sewer Connected,Water Connected

Unit Information

Unit 1 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 4 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 6 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 12 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 13 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 18 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 23 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 25 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 32 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 33 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 42 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 43 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 44 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 40 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 46 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 48 Details

  • Actual Rent: 1000.00
  • Beds Total: 1
  • Furnished: Unfurnished

Unit 39 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 47 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 34 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 35 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 30 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 37 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 26 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 27 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 20 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 21 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 15 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 10 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 11 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 5 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 2 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 3 Details

  • Actual Rent: 2000.00
  • Beds Total: 2
  • Furnished: Unfurnished

Unit 7 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 8 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 9 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 14 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 16 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 17 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 19 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 22 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 24 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 28 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 29 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 38 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 31 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 36 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 41 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Unit 45 Details

  • Actual Rent: 250.00
  • Beds Total: 1
  • Furnished: Furnished

Find, Buy & Move into Your Home with Us.

Instead of having a mortgage team here, an insurance agent there, a REALTOR® down the street, an inspector and a moving company across town, you have one team with one goal and one focus: you. Ask for “All-Inclusive” Buying.

Enjoy the sense of confidence knowing your Long & Foster full team can handle it all. Your agent is supported by a team of specialists in Mortgage, Insurance, Title, Inspection, Moving and Property Management who are there to guide you every step of the way. They’ll make sure things run smoothly, closing happens on time, and you arrive at your dream home according to plan.

Accolades:
98 %
Customer
Satisfaction
4.8

311 Reviews
Top Services:
  • Buying
  • Selling
  • Rental Properties
  • Investment Properties
  • Luxury Properties
Key Advantages:
  • Be your guide with expert knowledge of your area
  • Help find your home and offer objective information and opinions
  • Stand in your corner during negotiations
  • Assist with paperwork and details to get you to closing
  • Connect you to vendors if work is needed

Our mortgage affiliate, Prosperity Home Mortgage, will get you approved for a mortgage before shopping for a home. This will make your offer stand out and give you an edge in a highly competitive market. If you are already pre-approved, no problem, we can take a “second look” and try to get you even better terms.

Accolades:
97 %
Customer
Satisfaction
5.0

3,803 Reviews
Top Services:
  • Fixed & adjustable rate mortgages
  • FHA and VA mortgage programs
  • Rapid Close™
  • USDA Loans
Key Advantages:
  • Full suite of mortgage programs to meet your specific needs
  • Friendly professionals guide through every step of the loan process
  • We help you find and lock in on the market’s best interest rate
  • We work closely with your title company to ensure accurate closing

We help you make good decisions when you’re buying a home and learn how to be a better homeowner after you move-in. We streamline your inspection journey, provide thorough and accurate results, and get you to closing peacefully. Schedule a confirmed inspection online 24x7.

Accolades:
97 %
Customer
Satisfaction
5.0

240 Reviews
Top Services:
  • Home Inspection
  • Radon Gas
  • Termite Inspection
  • Test Indoor Air Quality
  • Pay at Closing*
Key Advantages:
  • Scheduling online 24x7 confirm a convenient date & time for you & your agents
  • High-tech journey makes it easy to sign agreement, make payment, view reports
  • One stop shop for home, radon & termite
  • Knowledgeable, friendly inspectors teach you about your home and property
  • Custom homeowner’s manual teaches you how to maintain your home

* A Long & Foster exclusive benefit. If you work with RGS Title or Sage Title Group and Insight Inspections, your can enjoy a $55 discount and the flexibility to pay for the inspection at settlement. This new approach combines the best of both the title and inspection worlds, creating a seamless and integrated journey.

We carefully examine your new home’s title, get your legal documents in order, and safeguard your investment. With a team of specialists who expect the unexpected, you can anticipate an on-time, worry-free closing.

Accolades:
97 %
Customer
Satisfaction
4.9

Reviews
Top Services:
  • Title Search & Status
  • Title Insurance
  • Document Prep
  • Closing Coordination
  • Filing & Recording
Key Advantages:
  • Ensure that there are no unresolved claims or liens on your home’s title
  • Help secure insurance against unexpected title challenges
  • Prepare closing paperwork to ensure documents are in compliance with laws
  • Coordinate with all parties to schedule final closing
  • File & record your paperwork with the courthouse

We help you secure the proper coverage at a competitive price to protect your largest investment — your home. Our insurance agents work closely with you to understand your risk exposures, educate you on your options, protect you from the unexpected, and develop insurance strategies to offer ongoing service to address your ever-changing insurance needs.

Accolades:
98 %
Customer
Satisfaction
4.9

77 Reviews
Top Services:
  • Home Insurance
  • Auto Insurance
  • Umbrella Insurance
  • Motorcycle, Boat, RV and more
Key Advantages:
  • Specialize in real estate and bundle other policies for savings
  • Work with 10+ leading carriers to secure the best coverage at the best cost
  • Save you time by shopping for you
  • We’re independent - we find and present you with the best offers and let you decide
  • Guide you with ongoing service and support

We ensure a smooth, stress-free move so you can start enjoying your new home as soon as you move in. Whether you’re headed down the street or across the country, our moving specialists will make sure you don’t have to lift a finger.

Accolades:
98 %
Customer
Satisfaction
4.6

953 Reviews
Top Services:
  • Packing & Unpacking
  • Decluttering
  • Storage
  • Local or Long Distance
  • International Moving
Key Advantages:
  • 30-minute guided virtual survey with next business day Guaranteed quote
  • Best Price Guarantee*†
  • 2-months free storage*‡
  • $20,000 full value protection*
  • Personal move concierge - from first call until last box is delivered

* Long & Foster Customers Only. † Examples of qualified movers: any major van line (United, Mayflower, Atlas, North American, etc) for local: JK, Hilldrup, Town and Country, Able, Interstate, All my Sons, Olympia, Gentle Giant. ‡ 2 Months Free Storage Program: If you’re moving from DE, MD, DC or VA and to DE, MD, DC or VA, we offer 2 months of free storage for all of the contents of your home. There is no charge for the storage of the items for 2 months. There is a cost for pickup of the items to go to storage and for delivery of items from storage to the new home.

We are the next generation of property management. With our streamlined processes, best-in-class service, and transparent financial updates, we help investors achieve financial success through real estate.

Accolades:
98 %
Customer
Satisfaction
4.8

120 Reviews
Top Services:
  • Property Surveys
  • Marketing
  • Tenant Screening
  • Maintenance
  • Lease Enforcement
Key Advantages:
  • We’ll guide and help identify the right properties to invest in
  • Use of smart devices, predictive data and analytics to help maintain properties
  • Get more free time when we handle billing and payments
  • We continuously monitor state and federal landlord/tenant laws
  • Become more knowledgeable with quarterly portfolio reviews & guidance
  • Enjoy the sense of confidence knowing your Long & Foster full team can handle it all. Your agent is supported by a team of specialists in Mortgage, Insurance, Title, Inspection, Moving and Property Management who are there to guide you every step of the way. They’ll make sure things run smoothly, closing happens on time, and you arrive at your dream home according to plan.

    Accolades:
    98 %
    Customer
    Satisfaction
    4.8

    311 Reviews
    Top Services:
    • Buying
    • Selling
    • Rental Properties
    • Investment Properties
    • Luxury Properties
    Key Advantages:
    • Be your guide with expert knowledge of your area
    • Help find your home and offer objective information and opinions
    • Stand in your corner during negotiations
    • Assist with paperwork and details to get you to closing
    • Connect you to vendors if work is needed
  • Our mortgage affiliate, Prosperity Home Mortgage, will get you approved for a mortgage before shopping for a home. This will make your offer stand out and give you an edge in a highly competitive market. If you are already pre-approved, no problem, we can take a “second look” and try to get you even better terms.

    Accolades:
    97 %
    Customer
    Satisfaction
    5.0

    3,803 Reviews
    Top Services:
    • Fixed & adjustable rate mortgages
    • FHA and VA mortgage programs
    • Rapid Close™
    • USDA Loans
    Key Advantages:
    • Full suite of mortgage programs to meet your specific needs
    • Friendly professionals guide through every step of the loan process
    • We help you find and lock in on the market’s best interest rate
    • We work closely with your title company to ensure accurate closing
  • We carefully examine your new home’s title, get your legal documents in order, and safeguard your investment. With a team of specialists who expect the unexpected, you can anticipate an on-time, worry-free closing.

    Accolades:
    97 %
    Customer
    Satisfaction
    4.9

    Reviews
    Top Services:
    • Title Search & Status
    • Title Insurance
    • Document Prep
    • Closing Coordination
    • Filing & Recording
    Key Advantages:
    • Ensure that there are no unresolved claims or liens on your home’s title
    • Help secure insurance against unexpected title challenges
    • Prepare closing paperwork to ensure documents are in compliance with laws
    • Coordinate with all parties to schedule final closing
    • File & record your paperwork with the courthouse
  • We help you secure the proper coverage at a competitive price to protect your largest investment — your home. Our insurance agents work closely with you to understand your risk exposures, educate you on your options, protect you from the unexpected, and develop insurance strategies to offer ongoing service to address your ever-changing insurance needs.

    Accolades:
    98 %
    Customer
    Satisfaction
    4.9

    77 Reviews
    Top Services:
    • Home Insurance
    • Auto Insurance
    • Umbrella Insurance
    • Motorcycle, Boat, RV and more
    Key Advantages:
    • Specialize in real estate and bundle other policies for savings
    • Work with 10+ leading carriers to secure the best coverage at the best cost
    • Save you time by shopping for you
    • We’re independent - we find and present you with the best offers and let you decide
    • Guide you with ongoing service and support
  • We help you make good decisions when you’re buying a home and learn how to be a better homeowner after you move-in. We streamline your inspection journey, provide thorough and accurate results, and get you to closing peacefully. Schedule a confirmed inspection online 24x7.

    Accolades:
    97 %
    Customer
    Satisfaction
    5.0

    240 Reviews
    Top Services:
    • Home Inspection
    • Radon Gas
    • Termite Inspection
    • Test Indoor Air Quality
    • Pay at Closing*
    Key Advantages:
    • Scheduling online 24x7 confirm a convenient date & time for you & your agents
    • High-tech journey makes it easy to sign agreement, make payment, view reports
    • One stop shop for home, radon & termite
    • Knowledgeable, friendly inspectors teach you about your home and property
    • Custom homeowner’s manual teaches you how to maintain your home

    * A Long & Foster exclusive benefit. If you work with RGS Title or Sage Title Group and Insight Inspections, your can enjoy a $55 discount and the flexibility to pay for the inspection at settlement. This new approach combines the best of both the title and inspection worlds, creating a seamless and integrated journey.

  • We ensure a smooth, stress-free move so you can start enjoying your new home as soon as you move in. Whether you’re headed down the street or across the country, our moving specialists will make sure you don’t have to lift a finger.

    Accolades:
    98 %
    Customer
    Satisfaction
    4.6

    953 Reviews
    Top Services:
    • Packing & Unpacking
    • Decluttering
    • Storage
    • Local or Long Distance
    • International Moving
    Key Advantages:
    • 30-minute guided virtual survey with next business day Guaranteed quote
    • Best Price Guarantee*†
    • 2-months free storage*‡
    • $20,000 full value protection*
    • Personal move concierge - from first call until last box is delivered

    * Long & Foster Customers Only. † Examples of qualified movers: any major van line (United, Mayflower, Atlas, North American, etc) for local: JK, Hilldrup, Town and Country, Able, Interstate, All my Sons, Olympia, Gentle Giant. ‡ 2 Months Free Storage Program: If you’re moving from DE, MD, DC or VA and to DE, MD, DC or VA, we offer 2 months of free storage for all of the contents of your home. There is no charge for the storage of the items for 2 months. There is a cost for pickup of the items to go to storage and for delivery of items from storage to the new home.

  • We are the next generation of property management. With our streamlined processes, best-in-class service, and transparent financial updates, we help investors achieve financial success through real estate.

    Accolades:
    98 %
    Customer
    Satisfaction
    4.8

    120 Reviews
    Top Services:
    • Property Surveys
    • Marketing
    • Tenant Screening
    • Maintenance
    • Lease Enforcement
    Key Advantages:
    • We’ll guide and help identify the right properties to invest in
    • Use of smart devices, predictive data and analytics to help maintain properties
    • Get more free time when we handle billing and payments
    • We continuously monitor state and federal landlord/tenant laws
    • Become more knowledgeable with quarterly portfolio reviews & guidance

5018 Oleander Drive Neighborhood

Community

28403 (Wilmington) Demographics

30
Median Age
2,948
Population Density (per sq. mile)
55%
College Educated
$42,700
Estimated Median Income
6,461
Estimated Total Home Owners
12,021
Estimated Total Renters
35% / 65%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5018 Oleander Drive Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5018 Oleander Drive Market Data

Based on the last 30 days in this zip code

$793,749
Average List Price
$369
Average Price per Square Foot
0
Properties Sold
113
Average Days on Market
126
Properties for Sale
Calculations provided by Reliance Network

5018 Oleander Drive History

Date Event Value Agent
12/4/2025Source: Hive MLS Added to Database
December 04, 2025
12/4/2025Source: Hive MLS Added to Database
December 04, 2025