$295,000

5 bd · 2 ba

509 Walnut Street

Wilmington, NC, 28401 · Rankin Place North

Sold Aug 19, 2026

Hive MLSListed by Intracoastal Realty Corporation

Sale details

Sold price
$295,000
Sold on
Aug 19, 2026
First listed at
$364,000
Last asking price
$322,000 (−11.5%)
Sold vs. first asking
81%
Sold vs. last asking
91.6%
Days on market
97

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About this home

This prime real estate opportunity in Downtown Wilmington, NC features a duplex with 3 bedrooms and 1.5 bathrooms in one unit and 2 Bedroom and 1 bath in the other. . Located in a high-demand area, this property is ideal for investors seeking robust rental yields or owner-occupants looking to live in one unit while generating income from the other.

Facts

Type
Duplex
Year built
1920
Lot
0.07 acres
Community
Rankin Place North
County
New Hanover
MLS #
100565058

Features

Inside

  • Ceiling Fan(s)
  • LVT/LVP
  • Tile
  • Electric Oven
  • Refrigerator

Parking

  • On Street

Heating & cooling

  • Baseboard
  • Electric
  • Wall/Window Unit(s)

Schools

Elementary
Snipes
Middle
Williston
High
New Hanover

As listed in the MLS. School assignments can change — confirm with the district for this address.

Explore the area

About 509 Walnut Street

509 Walnut Street is a 5-bedroom, 2-bath home, built in 1920 in Rankin Place North, Wilmington, New Hanover County, NC 28401.

1 home sold there in the last 12 months for $295,000.

Across ZIP 28401, 3 5-bedroom homes sold in the past year at a median of $548,000.

Own a home near 509 Walnut Street? See what it's worth — every online estimate side by side, next to real sales in Rankin Place North.

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Questions about 509 Walnut Street

How much is 509 Walnut Street?

509 Walnut Street sold for $295,000 on August 19, 2026 (last asking price $322,000). It is not for sale now.

How many bedrooms and bathrooms does 509 Walnut Street have?

5 bedrooms and 2 bathrooms.

What neighborhood is 509 Walnut Street in?

Rankin Place North, in Wilmington, New Hanover County, North Carolina.

What have homes sold for in Rankin Place North?

Only 1 home sold in Rankin Place North in the last 12 months for $295,000 — too few for a reliable typical price.

When was 509 Walnut Street built?

1920.

Who is the listing broker for 509 Walnut Street?

Intracoastal Realty Corporation (MLS #100565058).

Listing provided by Intracoastal Realty Corporation via Hive MLS.