Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    410 S Anderson Boulevard Topsail Beach, NC 28445

    View on Map
    For Sale
    Under Contract
    $997,000

    MULTI_FAMILY - Topsail Beach, NC

    Property size:
    2,739 SF
    Lot size:
    0.19 Acres
    Added:
    Mar 7, 2026
    Days on Market:
    25
    Last Refresh:
    Apr 1 at 8:06 am

    Property Features for 410 S Anderson Boulevard

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-4
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 8, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 2, Bedroom 5
    Parking features
    Paved or Surfaced
    Patio and Porch features
    Porch, Patio, Deck
    Interior features
    Apt/Suite, Ceiling Fan(s), Furnished, Blinds/Shades
    Exterior features
    Balcony
    Appliances
    Electric Oven, Electric Cooktop, Washer, Refrigerator, Dryer
    Standard status
    Active Under Contract
    APN
    4212-58-2737-0000
    Size
    2,739 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    Lot 5, Block N Topsail Inlet Terrance MB 5/11

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating), Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Lvt/lvp
    Building materials
    Composition, Block
    Roof type
    Metal

    We can help!

    Listing Contact
    Kristin K Freeman
    Kristin K Freeman

    Listing agent Kristin K Freeman License #282359

    Listing office BlueStar Real Estate, LLC 8840 Market St. Unit 110, Wilmington, NC

    Listing date Mar 7, 2026

    MLS# 100558855 Listing URL

    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.

    Overview

    Topsail Island Triplex Investment

    This 2,739 square foot triplex is located on Topsail Island and includes three fully furnished units. The property is ideally positioned near beach access, the Intracoastal Waterway, the town center, waterfront dining, and boutique shops. The property includes a spacious 1,369 square foot second-floor unit with 4 bedrooms and 2 bathrooms, abundant natural light, a large living area, expansive front and back decks, and an oversized backyard. Additionally, there are two 685 square foot first-floor units, each with 2 bedrooms, 1 bathroom, living rooms, kitchens, and in-unit washer/dryers. The property has a large backyard and generous parking. The triplex has grandfathered non-conforming status, preserving valuable multi-unit use. The property features three updated units, each offering privacy and comfort. New HVAC and appliances are installed throughout. The top floor unit can accommodate up to 10 guests, and both ground-level units can accommodate up to 6 guests, with potential for group rentals of up to 22 guests. The property is currently operating as a successful vacation rental investment and is offered fully furnished and completely turnkey. The lot size is 0.19 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Topsail Beach
    County
    Onslow
    State
    North Carolina
    Longitude
    -77.514
    Latitude
    34.4895

    Nearby Similar for Sale

    • $1,850,000
      3,348 SF

      Topsail Beach Income-Producing Duplex

      Income-producing duplex with ocean views and private beach access.
      308 N Anderson Boulevard, Topsail Beach, NC 28445
      View Details
    • $1,225,000
      2,742 SF

      Topsail Beach Quadplex Investment Opportunity

      Rare quadplex near the beach with ocean and sound views.
      1008 Ocean Boulevard, Topsail Beach, NC 28445
      View Details

    FAQs

    What type of property is this?
    Triplex - Turnkey coastal triplex near beach, waterway, and town.
    Where is this triplex located?
    The property is located at 410 S Anderson Boulevard Topsail Beach, NC.
    What is the asking price?
    The asking price for this property is $997,000.
    What are key features of this property?
    This property features: Prime location: Steps to beach, one block to Intracoastal Waterway, two blocks to town center with dining and shops.; Turnkey triplex: Fully furnished with new HVAC and appliances, ready for immediate rental income.; Grandfathered non‑conforming triplex status: Preserves valuable multi‑unit use.
    (910) 508-6077
    We can help!
    Listing Contact
    Kristin K Freeman
    Kristin K Freeman
    Real Estate License ID: 282359
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!