$850,000
 $4,434 est/mo Sourced by Back At You

133 SE 48th Street,Oak Island, NC 28465

Oak Island, NC 28465

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Description

THREE INCOME-PRODUCING RENTAL UNITS! OCEAN VIEWS! OVERLOOKING MIDDLETON PARK! Unique opportunity to own a triplex in the heart of Oak Island featuring three separate two-story units, each with its own private entrance. With all units currently occupied, this property offers established rental income from day one while providing exceptional flexibility for future use. Whether you're looking to continue operating all three units as income-producing rentals, occupy one unit while renting the others, or create the perfect coastal getaway with built-in income potential, the possibilities are endless with this one-of-a-kind property. Relax--own a piece of Oak Island while rental income helps make beach ownership a breeze. Ideally positioned with ocean views and overlooking Middleton Park, owners and tenants enjoy front-row access to many of Oak Island's most popular events, including the summer concert series, farmers markets, festivals, pickleball courts, tennis courts, ball fields, playgrounds, and recreational amenities. Public beach access is just a short distance away, making it easy to enjoy the best of island living. Located in the center of Oak Island, you'll also enjoy convenient access to local restaurants, shopping, entertainment, and area attractions. Just minutes from the historic waterfront town of Southport, known for its boutique shopping, waterfront dining, and coastal charm, this location offers the best of beach living. Conveniently situated between Wilmington, NC and Myrtle Beach, SC, owners enjoy easy access to airports, entertainment, healthcare, and everything the Carolina coast has to offer. Whether you're searching for a proven investment property, a multi-generational beach retreat, or a second home with income potential, this unique Oak Island triplex delivers location, flexibility, and opportunity in one of North Carolina's most desirable coastal communities.

Details

MLS #100580696
Listing TypeFor Sale
StyleTriplex
Sub-TypeResale
StatusActive
Year1985
Days On Site71
Listing Provided ByNorthrop Realty | Carolina Coastal Group

Features

Bed(s)6
Bath(s)3
SQ Feet2,208
Story(s)2
Units3
ZoningOK-CR
Acreage0.19
Property ViewOcean

Interior

Interior FeaturesEat-in Kitchen
Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air
Laundry FeaturesDryer Hookup, Washer Hookup, Laundry Closet
FurnishedUnfurnished

Exterior

RoofMetal
Foundation DetailsSlab
Lot FeaturesDead End
Waterfront FeaturesNone
ViewOcean
Construction MaterialsVinyl Siding, Wood Frame

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesOn Site

Utilities

UtilitiesCable Available, Sewer Connected, Water Connected

Taxes

Tax Assessed Value401730
Tax Book Number6
Tax Legal DescriptionL-28-31 B-152 S-N1 LB PLAT 6/12&12A
Tax Year2025

Area Information

StateNC
CountyBrunswick
CityOak Island
Zip Code28465
Community NameE. Long Beach
School DistrictBrunswick County Schools
Elementary SchoolSouthport
High SchoolSouth Brunswick
Listing VS Median (in E. Long Beach)
Price:
$850,000
low | high
Med:
$1,349,990
8.822352941176% of Average
sqft:
2,208
low | high
Med:
1,675
74.139492753623% of Average
$ / sqft:
$385
low | high
Med:
$806
59.361047936787% of Average
On site:
71
low | high
Med:
54
100% of Average
Sourced by Back At You

Market Activity 28465

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Learn More About This Property

StateNC
CountyBrunswick
CityOak Island
Zip Code28465
Community NameE. Long Beach
School DistrictBrunswick County Schools
Elementary SchoolSouthport
High SchoolSouth Brunswick
Listing VS Median (in E. Long Beach)
Price:
$850,000
low | high
Med:
$1,349,990
8.822352941176% of Average
sqft:
2,208
low | high
Med:
1,675
74.139492753623% of Average
$ / sqft:
$385
low | high
Med:
$806
59.361047936787% of Average
On site:
71
low | high
Med:
54
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $637K - $1.62M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
5016 E Oak Island Drive Apt 8 Property Photo 1
$399,900
5016 E Oak Island Drive Apt 8
Oak Island, NC 28465
111 SE 44th Street Property Photo 1
$1,099,000
111 Se 44th Street
Oak Island, NC 28465
Listing Updated: August 20, 2026 at 12:03:19 AM PDT