Downtown Homes under $400,000

Downtown Homes under $400,000

Welcome to Downtown Wilmington, NC, a vibrant and historic subdivision that perfectly blends the charm of Southern living with the conveniences of modern urban life. Nestled in New Hanover County, this picturesque neighborhood boasts a rich cultural heritage, stunning architecture, and an array of amenities that make it one of the most sought-after areas in Wilmington.

One of the standout features of Downtown Wilmington is its diverse selection of homes, particularly those priced under $400,000. This makes it an ideal destination for first-time homebuyers, young professionals, and families looking to settle in a thriving community without breaking the bank. You can find quaint bungalows, modern townhouses, and cozy condos that cater to various tastes and lifestyles, all while being just steps away from the heart of the city.

Living in Downtown means enjoying an abundance of local attractions, including eclectic shops, gourmet restaurants, and lively entertainment venues. Stroll along the scenic Riverwalk, explore the historic district, or immerse yourself in the vibrant arts scene that Wilmington is renowned for. With easy access to beautiful beaches and outdoor recreational activities, residents can enjoy both the excitement of city life and the tranquility of nature.

Whether you’re looking to invest in your first home or seeking a charming retreat in a lively urban setting, Downtown Wilmington offers an exceptional quality of life. Discover the perfect home for you in this enchanting neighborhood, where Southern hospitality meets modern convenience. Your dream home awaits!

Newest Downtown Homes under $400,000

21 N Front St Unit Unit 3d1, Wilmington
$400,000
1 Beds ⋅ 2 Baths ⋅ 100610619 MLS ⋅ Downtown BLDG.
Welcome to Downtown Wilmington! Nestled within a beautiful historic Masonic building, this charming 1-bedroom, 2-bathroom condo offers 772 square feet of character, comfort, and modern convenience in the heart of the city. High ceilings and oversized windows overlooking the street create an inviting atmosphere filled with natural light, while updated features and appliances bring a fresh, contemporary touch to the space. Thoughtfully designed with ample storage tucked beneath the living room floor, this unique condo makes the most of every square foot. Offered fully furnished, this property provides added convenience and is ready for its next owner to enjoy. Currently participating in a short-term rental program through Airbnb and VRBO, the condo offers an opportunity for buyers interested in exploring investment potential, subject to applicable rules and regulations. Step outside and enjoy the vibrant downtown setting, with restaurants, shopping, entertainment, and the many attractions of Wilmington just moments away. Whether you're looking for a distinctive downtown property, a personal getaway, or a potential investment opportunity, this historic condo blends timeless charm with the convenience of modern city living.

21 N Front St Unit Unit 3d1, Wilmington

Listing courtesy of Listing Agent: Tori M. Sellers () from Listing Office: Intracoastal Realty Corporation.

Listing courtesy of Listing Agent: Tori M. Sellers () from Listing Office: Intracoastal Realty Corporation.
21 N Front St Unit Unit 3b4, Wilmington
$399,000
1 Beds ⋅ 1 Baths ⋅ 100610161 MLS ⋅ Downtown BLDG.
Welcome to one of downtown Wilmington's most stunning condominiums, located in the iconic Masonic Temple Building, originally constructed in 1898. Rich in history and architectural character, this remarkable property beautifully blends historic charm with sophisticated modern updates. Once home to a prominent masonry supply company, the building remains a treasured part of Wilmington's architectural heritage--and this exceptional residence is truly a standout. Step inside to discover beautiful arched wood-framed details, exposed brick walls, and soaring ceilings that celebrate the building's original craftsmanship. Thoughtfully renovated throughout and professionally decorated with impeccable style, the condo offers a seamless blend of timeless character and contemporary luxury. Best of all, it is being sold fully furnished, with only a few exclusions, making it a truly turnkey opportunity. Enjoy bright, open living spaces and unobstructed views of downtown Wilmington and the Cape Fear River. Whether you're seeking a stylish downtown residence, a relaxing second home, or an investment property, this unique condo offers exceptional versatility and appeal. Currently operating as a successful Airbnb, the property presents an opportunity for short-term rental income, subject to applicable regulations. And the location is hard to beat! Just steps from the scenic Cape Fear Riverwalk, Live Oak Bank Pavilion, boutique shopping, acclaimed dining, and Wilmington's vibrant nightlife, you'll be immersed in the very best of downtown living. The building even has a rooftop bar. Historic character, modern luxury, and an unbeatable location--all in one extraordinary property. Don't miss this rare opportunity to own a distinctive piece of Wilmington history!

21 N Front St Unit Unit 3b4, Wilmington

Listing courtesy of Listing Agent: Becky S Spivey () from Listing Office: Landfall Realty, LLC.

Listing courtesy of Listing Agent: Becky S Spivey () from Listing Office: Landfall Realty, LLC.
1005 Queen St, Wilmington
$399,999
3 Beds ⋅ 3 Baths ⋅ 100607342 MLS
LOCATION ! LOCATION ! LOCATION! BRAND-NEW CONSTRUCTION IN 2026 -- COMPLETELY REBUILT FROM THE GROUND UP! This stunning 3-bedroom, 2.5-bath home at 1005 Queens St offers the feel, quality, and peace of mind of a truly new home. The previous structure was removed, leaving nothing but the land--everything you see today was newly built in 2026. Step inside to discover modern finishes throughout, including beautiful granite countertops, soft-close cabinetry, brand-new appliances, and thoughtfully designed bathrooms with an elegant, contemporary feel. The spacious primary suite features a luxurious bathroom designed with accessibility in mind, including handicap-accessible features for added comfort and convenience. Location is everything, and this property delivers! Enjoy being just minutes from Downtown Wilmington, where you can experience concerts, restaurants, the Riverwalk, entertainment, nightlife, and the charm of Wilmington's historic district. Spend the evening enjoying a great dinner followed by a relaxing walk through the historic streets. Plus, Wrightsville Beach is approximately 20 minutes away, giving you easy access to some of the area's most desirable coastal attractions. Whether you're looking for a beautiful new home, an investment property, or an opportunity to be close to everything Wilmington has to offer, this property deserves your attention. NEW CONSTRUCTION + PRIME LOCATION + MODERN FINISHES = AN OPPORTUNITY YOU DON'T WANT TO MISS!

1005 Queen St, Wilmington

Listing courtesy of Listing Agent: Pura Vida Realty International Inc () from Listing Office: REAL Broker LLC.

Listing courtesy of Listing Agent: Pura Vida Realty International Inc () from Listing Office: REAL Broker LLC.
928 S 10th St, Wilmington
$240,000
3 Beds ⋅ 2 Baths ⋅ 100606764 MLS
Welcome to 928 South 10th Street--an affordable and well-kept home offering a great opportunity for first-time buyers to get into the Wilmington market. This 3-bedroom, 2-bath home features a practical single-level layout with a comfortable living area and a natural flow into the dining space. The kitchen provides plenty of cabinet and counter space, along with a center island for added functionality. The dining area is filled with natural light, creating a bright and welcoming spot for everyday meals. The primary bedroom includes its own private bath and walk-in closet while two additional bedrooms offer flexibility for guests, a home office, or extra space as needed. A separate laundry area adds everyday convenience. Outside, you'll find a manageable yard that's easy to maintain without a lot of upkeep. Located just a short drive to downtown Wilmington, shopping, and restaurants, this home offers a solid combination of value and location. A great option for buyers looking for a simple, move-in ready home without breaking the budget.

928 S 10th St, Wilmington

Listing courtesy of Listing Agent: Bobby Price () from Listing Office: Keller Williams Innovate-Pleasure Island.

Listing courtesy of Listing Agent: Bobby Price () from Listing Office: Keller Williams Innovate-Pleasure Island.
911 Dock St, Wilmington
$329,900
1 Beds ⋅ 1 Baths ⋅ 100602457 MLS
$5,000 to use as you choose! A century of character has never looked so good. Rehabilitated in 2024, this charming downtown Wilmington cottage lets you skip the projects and start enjoying the lifestyle--morning coffee on the porch, evenings along the Riverwalk, and favorite restaurants, shops, and local attractions close by. Inside, refinished hardwood floors, an updated kitchen with butcher block countertops, and a beautifully tiled walk-in shower create a warm, welcoming retreat. The private fenced backyard--with a dock-style porch, sunshade, string lights, and low-maintenance turf--offers a peaceful place to unwind after a day downtown. Make it your full-time home, a personal Wilmington escape with rental flexibility, or continue its success as a top rated Airbnb. However you use it, 911 Dock Street makes it easy to settle in and enjoy the best of downtown living. Up to $2,500 credit with use of preferred lender, Sarah Newsome at Integrity Home Mortgage Corp.

911 Dock St, Wilmington

Listing courtesy of Listing Agent: Megan P Fuchs () from Listing Office: Coldwell Banker Sea Coast Advantage.

Listing courtesy of Listing Agent: Megan P Fuchs () from Listing Office: Coldwell Banker Sea Coast Advantage.
517 S 7th St, Wilmington
$262,900
3 Beds ⋅ 1 Baths ⋅ 100589506 MLS
Location, location... This adorable three bed ,two bath bungalow sits on a large lot just steps from Castle St and all that it has to offer: yoga, vintage shopping, a wine shop, coffee and several locally owned restaurants! This home has been rented to the same tenant for 20 years, and maintained well by the owners. New roof in 2019 and new HVAC in 2020.. The home was built in 1940 and features a large front porch, original pine floors, and interior arches characteristic of that period. A few updates will bring this jazz age back to it's glory!

517 S 7th St, Wilmington

Listing courtesy of Listing Agent: Jan C Brewington () from Listing Office: Dram Tree Realty.

Listing courtesy of Listing Agent: Jan C Brewington () from Listing Office: Dram Tree Realty.
1309 Church St, Wilmington
$325,000
3 Beds ⋅ 2 Baths ⋅ 100589176 MLS
Attention Investors! Rare opportunity to own Section 8 income producing property! Long term tenants in place. See attached document for property features and upgrades.

1309 Church St, Wilmington

Listing courtesy of Listing Agent: Cole Turner () from Listing Office: Corcoran HM Properties.

Listing courtesy of Listing Agent: Cole Turner () from Listing Office: Corcoran HM Properties.
1012 Hanover St, Wilmington
$285,000
3 Beds ⋅ 2 Baths ⋅ 100589173 MLS
Attention Investors!: Incredible opportunity to own income producing property in downtown. Designated Section 8 with long term tenant in place. See Documents for property upgrades and features.

1012 Hanover St, Wilmington

Listing courtesy of Listing Agent: Cole Turner () from Listing Office: Corcoran HM Properties.

Listing courtesy of Listing Agent: Cole Turner () from Listing Office: Corcoran HM Properties.
1014 Hanover St, Wilmington
$285,000
3 Beds ⋅ 2 Baths ⋅ 100589174 MLS
Attention Investors! Incredible opportunity to own income producing property in downtown, Designated Section 8 with long term tenant in place. See attached Documents for property upgrades and features.

1014 Hanover St, Wilmington

Listing courtesy of Listing Agent: Cole Turner () from Listing Office: Corcoran HM Properties.

Listing courtesy of Listing Agent: Cole Turner () from Listing Office: Corcoran HM Properties.
21 N Front St Unit Unit 2e2, Wilmington
$325,000
1 Beds ⋅ 1 Baths ⋅ 100555401 MLS ⋅ Downtown BLDG.
Experience downtown Wilmington living from one of the city's most iconic historic addresses at 21 N Front Street in the circa 1898 Masonic Temple Building. Newly refreshed with fresh interior paint, this second-floor 1-bedroom, 1-bath condo offers a bright, clean feel while preserving the timeless character that makes downtown living so desirable. Inside, you'll find hardwood floors, granite countertops, and a fully tiled walk-in shower. From the bedroom and private balcony, enjoy peek-a-boo views of the Cape Fear River and bridge - an everyday reminder that you're in the heart of one of the South's most celebrated coastal cities. Southern Living recently praised Wilmington for its vibrant riverfront, historic charm, walkable downtown, and thriving dining scene. Step outside and experience it all, award-winning Riverwalk, boutique shopping, local restaurants, coffee shops, nightlife, and live concerts at Live Oak Bank Pavilion just moments away. Whether you're looking for a primary residence, weekend getaway, or investment opportunity with strong short-term rental potential, this condo offers flexibility, location, and lifestyle. HOA dues include water and trash, and a public parking deck sits directly across the street with daily and long-term options available. Own a piece of Wilmington history and enjoy downtown living today!

21 N Front St Unit Unit 2e2, Wilmington

Listing courtesy of Listing Agent: Brittany L Allen () from Listing Office: Keller Williams Innovate-Wilmington.

Listing courtesy of Listing Agent: Brittany L Allen () from Listing Office: Keller Williams Innovate-Wilmington.
Start Your Search

Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2026 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.

How much is your home worth?

Get instant property value now!