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315 Walnut Street, Wilmington, NC 28401

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For Sale

$714,000

2 beds • 2,172 sqft

Estimated Payment

$ 3,785 /mo. †

6.76% APR for 30 yrs.
$920 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $328.73
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This rare duplex, located in the heart of the Downtown, offers the perfect blend of historic charm and modern convenience. Just steps from downtown, this property is walkable to everything restaurants, shopping, and entertainment. The historic home, though not in the historic district, retains its original character with tall ceilings, hardwood floors, and beautiful stained glass windows, while offering the flexibility of two separate units. The inviting front porch with a swing is the ideal spot to relax and enjoy the vibrant surroundings.The downstairs unit is an oversized 1-bedroom, 1-bath apartment that comes fully furnished, making it move-in ready. It features a full kitchen, large windows that flood the space with natural light, and all the historic details that make it unique. Upstairs, the second 1-bedroom, 1-bath unit is equally spacious and includes a full kitchen as well. This unit is partially furnished, allowing you to personalize the space to suit your needs. Both units maintain their historic charm while providing modern amenities for comfort and convenience. The property also includes a small fenced-in backyard, perfect for outdoor relaxation, and shared laundry facilities off the back porch. Whether you're looking for a stylish downtown residence or an investment opportunity, this duplex is a rare find that combines history, charm, and location.
MLS# 100486038

Courtesy Of Red Realty Investors, LLC

(910) 777-2200

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Floor Covering
    Tile, Wood
  • Heating System
    Heat Pump
  • Lot Size
    0.06 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 315 Walnut Street, Wilmington, NC 28401

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(910) 769-1465
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $3,709
  • Property Taxes
    $76
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,785

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Annie H Snipes Academy Of Arts & Design

Grades KG-5 Public School

Wilmington, NC 28405 1.4 miles
2150 chestnut st

383 total students
10:1 Student teacher ratio

School Rating: D+

School Details

Williston Middle School

Grades 6-8 Public School

Wilmington, NC 28401 0.9 miles
401 s 10th st

708 total students
13:1 Student teacher ratio

School Rating: D-

School Details

New Hanover High School

Grades 9-12 Public School

Wilmington, NC 28401 0.8 miles
1307 market st

1535 total students
16:1 Student teacher ratio

School Rating: D+

School Details
Other Nearby Schools Distance Type Grades School Rating
Douglass Academy 0.2 miles Public KG-5 C+
D.c. Virgo Preparatory Academy 0.8 miles Public KG-8 F
The International School At Gregory 0.8 miles Public KG-8 B-
Calvary Christian School 1.5 miles Private PK-12
Peace Rose Montessori 1.8 miles Private PK-8
Rachel Freeman School Of Engineering 1.9 miles Public KG-5 D
Forest Hills Global Elementary School 1.9 miles Public KG-5 D-
Lake Forest Academy 2 miles Public KG-8
Sunset Park Elementary School 2.3 miles Public KG-5 C+
Pathways Middle And High School 2.5 miles Private 5-12
Southeastern Autism Academy 2.5 miles Private KG-12
Belville Elementary School 2.6 miles Public KG-5 C-
Career Readiness Academy At Mosley Plc 2.6 miles Public 6-12 C
Peace Rose Montessori School 2.6 miles Private PK-8
Hill School Of Wilmington 2.7 miles Private 1-8
Girls Leadership Academy Of Wilmington 2.8 miles Public 6-10 C
Wilmington Preparatory Academy 3.1 miles Public KG-8 B

Douglass Academy

Distance: 0.2 miles

Type Public

Grades: KG-5

C+

D.c. Virgo Preparatory Academy

Distance: 0.8 miles

Type Public

Grades: KG-8

F

The International School At Gregory

Distance: 0.8 miles

Type Public

Grades: KG-8

B-

Calvary Christian School

Distance: 1.5 miles

Type Private

Grades: PK-12

Peace Rose Montessori

Distance: 1.8 miles

Type Private

Grades: PK-8

Rachel Freeman School Of Engineering

Distance: 1.9 miles

Type Public

Grades: KG-5

D

Forest Hills Global Elementary School

Distance: 1.9 miles

Type Public

Grades: KG-5

D-

Lake Forest Academy

Distance: 2 miles

Type Public

Grades: KG-8

Sunset Park Elementary School

Distance: 2.3 miles

Type Public

Grades: KG-5

C+

Pathways Middle And High School

Distance: 2.5 miles

Type Private

Grades: 5-12

Southeastern Autism Academy

Distance: 2.5 miles

Type Private

Grades: KG-12

Belville Elementary School

Distance: 2.6 miles

Type Public

Grades: KG-5

C-

Career Readiness Academy At Mosley Plc

Distance: 2.6 miles

Type Public

Grades: 6-12

C

Peace Rose Montessori School

Distance: 2.6 miles

Type Private

Grades: PK-8

Hill School Of Wilmington

Distance: 2.7 miles

Type Private

Grades: 1-8

Girls Leadership Academy Of Wilmington

Distance: 2.8 miles

Type Public

Grades: 6-10

C

Wilmington Preparatory Academy

Distance: 3.1 miles

Type Public

Grades: KG-8

B

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Wilmington, NC 28401

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Wilmington, NC 28401

This community’s employment is highest in the administrative support and production occupations industries. The area’s overall household expenses are below the national average.

89° July
Hottest Average Month
35° January
Coldest Average Month
12,497 Total Households in Area
5.7% Increase in population since the year 2010
18%
of households
have children
19 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Wilmington, NC 28401

Wilmington, NC 28401 has a population of 26,476 people in 12,497 households with a median age of 43.3 years old.

5.7%
Increase in population
since the year 2010
Population is Trending up
11,725
Total households as of 2010
5.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.3 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 49%
Black 38%
Hispanic 8%
Other 5%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 49%, followed by Black at 38%, Hispanic at 8%, and Other at 5%.

Economics
for Wilmington, NC 28401

623 /sq mi
Population Density
$50,562 /yr
Median Household Income
$332,500
Median Sales Price
19 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 19.49% of the households.

Transportation to Work

  • Drive 81%
  • Work from Home 14%
  • Walk or Bike 4%
  • Public Transit 2%

Occupancy by Type

Rented 6,813 47%
Owned 5,683 39%
Vacant 1,919 13%

White vs Blue Collar Jobs







White Collar 73%
Blue Collar 27%

Family & Education Facts
for Wilmington, NC 28401

43.3 Median Age

Average Household Size

2.1
persons per
household

28%

Married Households

Community Population By Education

High School Graduate 26%
Bachelors Degree 21%
Some College 20%
Some High School 13%
Associates Degree 10%
Graduate Degree 10%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 25.74% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
18% of households have children

Weather
for Wilmington, NC 28401

The weather for this area ranges from a high of 89° F in July to a low of 35° F in January

89° July
Hottest Average Month
35° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
35°
56°
Feb
36°
59°
Mar
43°
65°
Apr
50°
74°
May
59°
81°
Jun
67°
86°
Jul
71°
89°
Aug
70°
88°
Sep
65°
83°
Oct
53°
75°
Nov
44°
67°
Dec
36°
58°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Hive MLS / Cape Fear Realtors MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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