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    218 N 3Rd Ave N Kure Beach, NC 28449

    New
    For Sale
    $585,000

    MULTI_FAMILY - Kure Beach, NC

    Property size:
    634 SF
    Lot size:
    0.12 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 218 N 3Rd Ave N

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    B-2
    Rooms
    Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
    Bedrooms
    2
    Bathrooms
    2
    APN
    R09213-006-006-000
    Parking features
    Paved or Surfaced
    Patio and Porch features
    Porch
    Appliances
    Refrigerator, Range
    Size
    634 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1949
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl, Carpet
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    Network Real Estate Inc. of Wilmington (910) 395-4100 [email protected]

    Listing agent Lauren A Bollinger (910) 458-8881 License #245127

    Listing date Dec 5, 2025

    MLS# 100535480 Listing URL

    Copyright © 2025 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.

    Overview

    Kure Beach Multifamily Redevelopment Opportunity

    Located in Kure Beach, this multifamily property at 218 N 3rd Ave, features two 1-bedroom, 1-bath cottages. The property has been part of a long-term rental program for over 10 years. Situated in the B-2 zoning district, the 0.12-acre lot offers redevelopment potential, allowing for the construction of a duplex. The property provides flexibility for future expansion or increased income. Potential uses include continuing the current long-term rentals, converting to short-term vacation rentals, or redeveloping into a new beach retreat. The property size is 634 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kure Beach
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.90645
    Latitude
    34.000683

    Nearby Similar for Sale

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      2,273 SF

      Kure Beach Boho-Style Triplex

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      135 N 3Rd Ave N, Kure Beach, NC 28449
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    • New
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      Two new luxury oceanfront residences in Kure Beach.
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    • New
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      Oceanfront Duplex in Kure Beach

      Luxury duplex with ocean views, flexible living, and investment potential.
      601 Fort Fisher Blvd S, Kure Beach, NC 28449
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    • New
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      Kure Beach Multifamily Opportunity

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    • $499,995
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      Kure Beach Oceanfront Condo

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    FAQs

    What type of property is this?
    Duplex - Multifamily property near the ocean with redevelopment potential.
    Where is this duplex located?
    The property is located at 218 N 3Rd Ave N Kure Beach, NC.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: - Steps from the ocean in a desirable Kure Beach location.; - B-2 zoning allows for duplex construction, offering redevelopment potential.; - Two existing 1-bedroom, 1-bath cottages included.
    (910) 458-8881
    Request Owner's contact information
    218 N 3Rd Ave N Kure Beach, NC 28449
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    Kure Beach, NC 28449
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    218 N 3Rd Ave N Kure Beach, NC 28449
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