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Two-Story Triplex with Ocean Views
For Sale
$850,000

133 SE 48th St, Oak Island, NC 28465

Three occupied rental units with private entrances overlook Middleton Park and offer ocean views.

Property Size2,208 SF
Price / SF$384.96
Days on Market32

Property Features for 133 SE 48th St

General Information

Standard status Active
Size 2,208 SF
Property subtype Multi-Family

Building Details

Year Built 1985
Listing Agency: Keller Williams Realty Points East
Listed By: Tyre Realty Group · License #263277
Source: Tyrerealtygroup
Added: Jul 29 Changed: Aug 28 Last Checked: Aug 29 at 8:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Points East

Investment Insights

Based on property information with market context.

This 2208 SF triplex contains three separate two-story units, each arranged with its own private entrance. All three units are currently occupied, providing an existing multifamily configuration in a coastal setting. The property was built in 1985 and is positioned to capture ocean views while overlooking Middleton Park.

Located in Oak Island, the property places residents near park events, farmers markets, festivals, pickleball and tennis courts, ball fields, playgrounds, and other recreational amenities. Public beach access is a short distance away, with restaurants, shopping, and entertainment available throughout the island. Southport is minutes away, while Wilmington and Myrtle Beach are both within convenient regional reach.

Key Highlights

  • Three‑unit triplex with 2208 SF of total property size
  • Each unit has two stories and a private entrance
  • All three units are currently occupied

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Law Firm Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby

Demographics for 28465, NC

8,020
Population
10,482
Households
0.8
Avg Household Size
60
Median Age
45%
College-Educated
97%
High-School Grad
10.9 sq mi
ZIP Area
736
Density / Sq Mi
$83,739
Median Household Income
$49,936
Median Earnings
$1,154
Median Rent
$436,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied rental units with private entrances overlook Middleton Park and offer ocean views.
Where is this triplex located?
The property is located at 133 SE 48th St Oak Island, NC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Three‑unit triplex with 2208 SF of total property size; Each unit has two stories and a private entrance; All three units are currently occupied
More about this property
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