Downtown Homes under $400,000

Welcome to Downtown, North Carolina—a vibrant and dynamic subdivision that perfectly blends urban convenience with a charming community atmosphere. Nestled in the heart of the state, Downtown is a thriving hub that offers an array of amenities, cultural experiences, and recreational activities, making it an ideal place to call home.

One of the most appealing aspects of Downtown is its diverse selection of homes, particularly for those looking for options under $400,000. Whether you’re a first-time homebuyer, a young professional, or looking to downsize, Downtown has a variety of charming residences that cater to different lifestyles and budgets. From cozy bungalows to modern townhouses, each property reflects the unique character of the area while providing comfortable living spaces.

Living in Downtown means you’re just steps away from an eclectic mix of boutiques, cafes, and restaurants that showcase the local flavor. Enjoy leisurely strolls through picturesque parks or take advantage of the numerous events and festivals that bring the community together throughout the year. With excellent schools and easy access to public transportation, Downtown is perfect for families and commuters alike.

Moreover, the real estate market in Downtown is thriving, and homes under $400,000 are not only affordable but also a smart investment in a rapidly growing area. With its rich history, welcoming atmosphere, and modern conveniences, Downtown, NC, is ready to welcome you home. Come explore the possibilities and discover why so many are choosing to make this charming subdivision their new address!

Newest Downtown Homes under $400,000

$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

$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

$344,900

1 Beds ⋅ 1 Baths ⋅ 100602457 MLS

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

$365,000

3 Beds ⋅ 2 Baths ⋅ 100600913 MLS

Welcome to 110 Campbell Street, a beautifully refreshed 3-bedroom, 2-bath home offering approximately 1,948 square feet on a spacious 0.69 acre lot near downtown Aberdeen. Set along one of the area's most appealing established streets, this home blends classic character with thoughtful improvements and abundant outdoor space. The refinished kitchen and updated bathrooms provide a fresh, inviting feel, while original hardwoods throughout the living room and bedrooms retain the charm of this lovely home. The covered front porch, rear deck, carport, brick patio and storage building make this a wonderful home to enjoy an indoor/outdoor lifestyle. The spacious backyard offers countless possibilities. With generous living space, excellent storage, and a peaceful setting convenient to downtown shops, dining, parks, and area amenities, 110 Campbell Street offers a rare combination of location, character, and practical updates. Call today to schedule your showing!

110 Campbell St, Aberdeen

$315,000

3 Beds ⋅ 3 Baths ⋅ 100594947 MLS

Discover easy, low-maintenance living in this beautifully designed new construction home at 535 S. Henley St. in Southern Pines. Offering 3 bedrooms, 2.5 bathrooms, and 1,619 square feet, this contemporary cottage blends modern finishes with a functional layout designed for today's lifestyle. The main level features durable luxury vinyl plank flooring, stylish lighting, and an open living space that's perfect for entertaining or everyday living. Upstairs, upgraded carpeting creates a cozy retreat in each bedroom. Outside, enjoy a spacious backyard with room for gardening, play, or gathering with family and friends, all complemented by professional landscaping. With a one-car garage, no HOA, and the added confidence of a comprehensive home warranty, this move-in-ready home is an exceptional opportunity in one of Southern Pines' most convenient locations. The spacious kitchen flows seamlessly into the living and dining areas, creating an ideal space for entertaining or relaxing at home. Upstairs, the comfortable bedrooms provide a peaceful retreat, including a well-appointed primary suite. Step outside to enjoy the patio overlooking a generously sized backyard with plenty of room for gardening, outdoor gatherings, or simply enjoying the Carolina seasons. Professionally landscaped and complete with a one-car garage and an excellent home warranty, this move-in-ready home offers the perfect combination of quality, comfort, and convenience. Don't miss your opportunity to own this exceptional new home in SoPines!

535 S Henley St, Southern Pines

$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

$339,500

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

$298,000

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

$298,000

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

$390,000

1 Beds ⋅ 1 Baths ⋅ 100571763 MLS ⋅ Downtown BLDG.

Located directly beneath the rooftop bar in the historic Masonic Temple building at 21 N Front Street, this distinctive condo puts you in the heart of downtown Wilmington's vibrant atmosphere. The owner openly discloses the rooftop bar's location to prospective Airbnb guests, and the property continues to rent consistently and receive rave reviews. Offered fully furnished, this turnkey, income-producing condo blends historic character with modern comfort. Set within a late-1800s landmark that once served as a lively social and commercial hub, the two-story residence features soaring 30-foot ceilings, beautifully refinished hardwood floors over 100 years old, and original crown molding. The updated kitchen offers granite countertops, stainless steel appliances, white cabinetry, and a spacious island for gathering and entertaining. Upstairs, the loft-style primary retreat includes a king-size bed and an additional living area, along with peek views of the Cape Fear River and Cape Fear Memorial Bridge. Currently operating as a successful short-term rental, this furnished property offers an inviting opportunity for investors, second-home buyers, or anyone seeking a distinctive downtown residence. Enjoy a walkable location just steps from the Riverwalk, restaurants, shopping, and entertainment, with Live Oak Bank Pavilion, Kilwins, Ice Cream and Gelarto nearby. Historic charm, downtown energy, and an established rental history--all in one remarkable property. Schedule your showing today!

21 N Front St Unit Unit 3b3, 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

$250,000

2 Beds ⋅ 1 Baths ⋅ 100550669 MLS

Charming Cottage in the Heart of Southern Pines Welcome to this delightful 2-bedroom, 1-bath cottage located on desirable W Connecticut Avenue, just minutes from downtown Southern Pines. Built in the 1930s, this home offers classic charm paired with a functional layout, making it an excellent opportunity for homeowners, investors, or those looking to downsize. Situated on a spacious lot, the property provides ample outdoor space for gardening, entertaining, or future expansion. The home's cozy interior is filled with natural light and showcases the character of an earlier era, while offering potential for personalization or updates to suit your vision. Enjoy a prime location close to local shops, dining, parks, and all that Southern Pines has to offer. Whether you're seeking a primary residence, rental property, this charming cottage delivers location, character, and potential.

350 W Connecticut Ave, Southern Pines

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