Located within Wilmington’s coveted Residential Overlay District, 4911 Oleander Drive offers a unique investment and live/work opportunity on a versatile 0.45-acre lot. This historic property blends residential comfort with commercial functionality, enabling an array of potential uses including professional office, medical, or multi-stream residential income. The main structure features a flexible configuration ideal for both private living space and client-facing operations, complemented by separate access points that enhance usability for different purposes. Additionally, the detached Accessory Dwelling Unit (ADU) provides a ready source of secondary rental income or private workspace, expanding revenue potential. Zoning allows for adaptable live/work arrangements, supporting owners who wish to integrate lifestyle and business under one address.