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    409 Monroe Ave Carolina Beach, NC 28428

    For Sale
    $820,000

    MULTI_FAMILY - Carolina Beach, NC

    Property size:
    3,072 SF
    Lot size:
    0.11 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 409 Monroe Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R-1-WB
    Rooms
    Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 3, Bathroom 2
    Bedrooms
    7
    Bathrooms
    3
    APN
    R09006-014-015-000
    Parking features
    Off Street
    Interior features
    Ceiling Fan(s)
    Exterior features
    Balcony
    Size
    3,072 SF
    Lot size
    0.11 Acres

    Utilities

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

    Building Details

    Year built
    1966
    Floors in Building
    2
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    Beach Brokers Real Estate LLC (703) 855-9502

    Listing agent Heidi E Brown (703) 855-9502 License #313250

    Listing date Nov 19, 2025

    MLS# 100503107 Listing URL

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carolina Beach Triplex Investment Opportunity

    This is a rare opportunity to acquire an updated, clean, and turnkey income-producing triplex in the heart of Carolina Beach. The fully furnished property is located just three blocks from restaurants, entertainment, and the boardwalk. This property offers the flexibility to live in one unit and rent out the other two, or rent all three units to build a real estate portfolio. Short-term and long-term rentals are permitted, and there is no HOA. The property offers the benefits of three investments in one closing, with a single insurance bill and tax bill. Maintenance is simplified with all three units under one roof. The property, situated on a 0.11-acre lot, includes ample off-street parking and a large backyard. The main floor features two 2-bedroom units, each with separate, private entrances. Upstairs, there is a spacious 3-bedroom unit with a dining room and kitchen. The property is zoned R-1-WB. The building size is 3072 square feet. All three units are fully furnished and ready to be rented.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carolina Beach
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.898296
    Latitude
    34.036021

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    FAQs

    What type of property is this?
    Triplex - Turnkey, fully furnished triplex near Carolina Beach boardwalk.
    Where is this triplex located?
    The property is located at 409 Monroe Ave Carolina Beach, NC.
    What is the asking price?
    The asking price for this property is $820,000.
    What are key features of this property?
    This property features: - Turnkey, income-producing triplex in Carolina Beach.; - Fully furnished units ready for short-term or long-term rentals (no HOA).; - Prime location: just 3 blocks from restaurants, entertainment, and the boardwalk.
    (703) 855-9502
    Request Owner's contact information
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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
    409 Monroe Ave Carolina Beach, NC 28428
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