Downtown Homes under $400,000

Welcome to Downtown, NC – a vibrant and charming subdivision that perfectly blends urban convenience with small-town charm. Nestled in the heart of North Carolina, Downtown is a delightful community that offers an array of amenities, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of Downtown is its diverse selection of homes priced under $400,000. Whether you’re a first-time homebuyer or looking to downsize, this area provides an excellent opportunity to find your dream home without breaking the bank. From quaint bungalows to modern townhomes, the architectural styles here cater to various tastes and preferences, ensuring that you’ll find something that feels just right.

Living in Downtown means you’re never far from the action. Enjoy leisurely strolls through tree-lined streets, where local shops, cafes, and restaurants beckon with their unique offerings. The community hosts regular events and festivals, fostering a strong sense of camaraderie among residents. Parks and recreational areas are also abundant, providing ample opportunities for outdoor activities and relaxation.

With easy access to major highways, commuting to nearby cities is a breeze, making Downtown an ideal location for those who work in the bustling metropolitan areas but prefer the tranquility of suburban living.

Experience the best of both worlds in Downtown, NC – where charming homes, a welcoming community, and an active lifestyle await you. Your perfect home is just around the corner!

Newest Downtown Homes under $400,000

$385,000

1 Beds ⋅ 1 Baths ⋅ 100613435 MLS ⋅ Downtown BLDG.

An Airbnb Guest Favorite with consistent rentals! Located in the historic Masonic Temple in Downtown Wilmington, this condo delights guests with its posh décor and views of the Cape Fear River and Cape Fear Memorial Bridge from inside the unit. Guests especially enjoy visiting the rooftop bar overlooking the river and downtown without leaving the building. An easy walk leads to the Riverfront, theaters, shops, and Live Oak Bank Pavilion and Park. Paid parking nearby. Seller is selling to purchase an investment closer to home.

21 N Front St Unit Unit 3b3, Wilmington

Listing courtesy of Listing Agent: Cynthia W Wilkinson () from Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties.

$300,000

2 Beds ⋅ 1 Baths ⋅ 100613095 MLS

Situated in Southern Pines, this property offers an opportunity as a starter home or an investment project. The home features a living room, an additional living space, two bedrooms, one bathroom, and a kitchen. Storage is available with a linen closet and coat closet. A screened porch adds potential for outdoor use. The unfinished basement offers space for an additional kitchen and storage. With vision and updates, this property could become a comfortable residence in a desirable location. The lot to the right is also included, giving you ample space for parking and outside fun. (Photos were taken September 2025.)

435 W Connecticut Ave, Southern Pines

Listing courtesy of Listing Agent: Ashley Elaine Schaus () from Listing Office: Keller Williams Pinehurst.

$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.

$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.

$395,000

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.

$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.

$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.

$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

Listing courtesy of Listing Agent: Allison Wunsch () from Listing Office: Everything Pines Partners LLC.

$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

Listing courtesy of Listing Agent: Wesley Smith () from Listing Office: eXp Realty.

$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.

$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.

$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.

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.

Downtown Homes under $400,000

Newest Downtown Homes under $400,000

How much is your home worth?

How much is your home worth?