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118 S 4th Street, Wilmington, NC 28401

$1,795,000
Property Type: Comm Sale or Lease Square Footage: 4,761 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $1,795,000 List Date: 9/18/2025 Last Modified: 3/02/2026

Overview

Description

Stunning Historic Home in the Heart of Downtown Wilmington Welcome to this remarkable historic residence, ideally located in the heart of Downtown Wilmington's Historic District. Originally constructed in 1890, this 4,546 sq ft property is steeped in history and has been thoughtfully reimagined by its current owners—transforming a former Bed & Breakfast into a stylish and versatile retreat while preserving the unique architectural character of the home. Property Features: Three expansive levels of beautifully renovated living space Main level features a welcoming foyer, formal living and dining rooms, a fully equipped kitchen, and a primary master suite Second level offers three luxurious ensuites, each designed for maximum comfort Third level includes two additional private ensuites, perfect for guests or extended stays A private accessory unit with separate access expands the potential for additional accommodations or flexible living arrangements This property comes with a four-room Bed & Breakfast permit—a rare opportunity that opens the door to a thriving business venture or elegant private residence. The sale includes all furnishings, making it truly turnkey for your next chapter. Additional Highlights: Lofty ceilings, intricate crown molding, and original large-scale windows throughout Custom-designed closets in each room Beautifully landscaped gardens providing a tranquil oasis in the heart of the city Every room uniquely designed and meticulously appointed Located just steps from downtown Wilmington's best restaurants, galleries, theaters, and boutiques, this home offers the perfect blend of history, luxury, and location.

Listing Details MLS# 100531402

Contract Info

Available Date
2025-09-18
Delayed Marketing?
No
Marketing Start Date
2025-09-17
Sub-Type
Multi Family
Garage
Private
Space
Yes
Sale/Lease
Sale
Listing Price
1795000
List Price/SqFt
377.02
Stipulation of Sale
Standard

Location Information

Street #
118
Pre Direction
S
Street Name
4th
Street Suffix
Street
County
New Hanover
State/Province
NC
Zip Code
28401
City Limits
Yes
Subdivision
Historic District

Remarks and Showing

Directions to Property
From Downtown take Market Street East. Turn right on S 4th and property is on the right.
Sign on Property
No

Building Info

New Construction
No

BuildingExt Features

SqFt - Heated (Primary)
4761

Legal and Taxes

Tax Assessed Value
1326100
Total City Real Estate Property Tax
8134
Deed Book
6185
Deed Page
2444
Legal
Se 4 E 5 Wilmington Blk 141
Broker Owner
No
PID
311708.87.9761.000
Tax Identifier
R05405-003-004-000
Special Assessments
None
Tax Year
2024
Year Built
1890
Zoning
HD-R
HOA
No
Cobra Zone
No
Federal Flood Ins Avlbl
Yes
Plat Book
No
Plat Page
No

More Information

Miscellaneous

Ceiling Height
10
Current Use
Bed and Breakfast

Current Service Providers

Trash Provider
City of Wilmington
Electric Provider
Duke Progress Energy
Natural Gas Provider
Piedmont Natural Gas Co.
Sewer Provider
Cape Fear Public Utility Authority
Water Provider
Cape Fear Public Utility Authority

Financial Info

Financial Info
Yes

Building/Ext Features

# of Units
Yes
Lot Acres
0.24
Lot SqFt
10454
Lot Dimensions
90 x 118
SqFt - Warehouse
4761
Location Type
Mainland

Business Type

Bed & Breakfast
Yes

Current Use

Multi-Family
Yes
Other
Yes

HOA and Neigh Amenities

No Amenities
Yes

Attic

Access Only
Yes

Basement

None
Yes

Construction

Wood Frame
Yes

Lot Water Features

None
Yes

Exterior Finish

Wood Siding
Yes

Terms

Cash
Yes
Conventional
Yes
Seller Financing
Yes

Foundation

Crawl Space
Yes

Flooring

Tile
Yes
Wood
Yes

Parking Features

Off Street
Yes
Paved
Yes

Sale/Lease Includes

Buildings
Yes
Business
Yes
Equipment
Yes
Fixtures
Yes
Furniture
Yes
Inventory
Yes
Land
Yes
Licenses/Permits
Yes

Roof

Shingle
Yes
Slate
Yes

Lot Description

Corner Lot
Yes

Road Type/Frontage

Alley
Yes
Paved
Yes
Public (City/Cty/St)
Yes

Cooling

Central Air
Yes

Location

Historic District
Yes

Heating

Heat Pump
Yes

Heating System Fuel Source

Electric
Yes
Natural Gas
Yes

Water Heater

Electric
Yes
Natural Gas
Yes

Utilities

Natural Gas Connected
Yes
Sewer Available
Yes
Water Available
Yes

Water Source

Municipal Water
Yes

Sewer

Municipal Sewer
Yes

Property Features

Business Type: Bed & Breakfast HOA and Neigh Amenities: No Amenities Attic: Access Only Basement: None Construction: Wood Frame Exterior Finish: Wood Siding Flooring: Tile; Wood Foundation: Crawl Space Parking Features: Off Street; Paved Roof: Shingle; Slate Lot Description: Corner Lot Current Use: Multi-Family; Other Location: Historic District Lot Water Features: None Cooling: Central Air Heating: Heat Pump Heating System Fuel Source: Electric; Natural Gas Water Heater: Electric; Natural Gas Utilities: Natural Gas Connected; Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Terms: Cash; Conventional; Seller Financing
Listing Office: Intracoastal Realty Corp
IDX
Last Updated: March - 02 - 2026
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