About This Home

This 6-bedroom, 3-bathroom multi-family at 133 SE 48th Street in Oak Island, NC is listed for $850,000 ($385 per sqft). Built in 1985, the home offers 2,208 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1985
  • 0.19 acre lot
  • 2 stories

Property Details

2 stories
3 full, 3 half
1985

Amenities

ViewA/C
Listing 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.

Monthly Cost Estimate

$4,546/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

133 SE 48th Street

Oak Island, NC 28465

E. Long Beach

Features & Amenities

Interior Features

Eat-in Kitchen

Property Details

Flooring

Laminate

Construction

Vinyl Siding Wood Frame

Views

Ocean

Outdoor Features

DeckPorch

Heating

Heat Pump (Heating)Electric (Heating)

Cooling

Central Air

Appliances

Electric OvenRefrigeratorDishwasher

Questions & Answers

This 6-bedroom, 3-bathroom multi-family at 133 SE 48th Street is listed at $850,000 ($385/sqft). The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1985, 0.19 acre lot, 2 stories. Interior Features: Eat-in Kitchen.

This property is listed by Carolina Coastal Group.

CG

Carolina Coastal Group

Agent at Northrop Realty

Listed by Northrop Realty · Broker phone: 9104773501 · View on Broker Site

MLS# 100580696· Source: Hive MLS· 133 days on PropertySimple

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

133 SE 48th Street, Oak Island, NC 28465

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