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Occupied Three-Unit Coastal Triplex
For Sale
$850,000

133 SE 48th Street, Oak Island, NC 28465

Residential Income, Oak Island, NC

Property Size2,208 SF
Lot Size0.19 Acres
Price / SF$384.96
Days on Market92

Property Features for 133 SE 48th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning OK-CR
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Half bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bathroom 6, Bedroom 1, Bathroom 4, Bathroom 2, Bathroom 5
Patio and Porch features Porch, Deck
Interior features Eat-in Kitchen
Appliances Electric Oven, Refrigerator, Dishwasher
Subdivision E. Long Beach
Lot features Dead End
View Ocean
Elementary school Southport
Middle school South Brunswick
High school South Brunswick
High school district Brunswick County Schools
Directions Traveling on Oak Island Drive, turn on SE 48th St. The property is at the end of the road on the right.
Standard status Active
APN 235md004
Size 2,208 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description L-28-31 B-152 S-N1 LB PLAT 6/12&12A
Tax Annual Amount 2940
Legal Description L-28-31 B-152 S-N1 LB PLAT 6/12&12A

Utilities

Utilities Cable Available
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1985
Floors in Building 2
Number of units 3
Flooring type Laminate
Building materials Vinyl Siding, Wood Frame
Roof type Metal
Listing Agency: Northrop Realty
Listed By: Carolina Coastal Group
Added: Jun 18 Changed: Sep 12 Last Checked: Sep 17 at 12:06AM
MLS# 100580696

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.

Investment Insights

Based on property information with market context.

This 2,208-square-foot triplex contains three separate two-story residences, each with a private entrance. All three units are currently occupied. The property includes eat-in kitchens with electric ovens, refrigerators, and dishwashers, along with laminate flooring, central air, electric heat pump systems, porches, and decks. Public water serves the property, with cable available. Built in 1985, the building has vinyl siding, wood-frame construction, and a metal roof.

Positioned at 133 SE 48th Street in Oak Island, the property has ocean views and overlooks Middleton Park. Park amenities include pickleball and tennis courts, ball fields, playgrounds, recreational areas, festivals, farmers markets, and a summer concert series. Public beach access is a short distance away, while restaurants, shopping, entertainment, and Southport are also nearby. The property is zoned OK-CR and occupies 0.187 acres.

Key Highlights

  • Three separate two‑story units, each with a private entrance
  • All three units currently occupied
  • 2,208 square feet on 0.187 acres

Property Analytics

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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.

Lease Details

3
Residential units
100%
Occupancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 two-story residences offer separate entrances, ocean views, and proximity to Middleton Park and public beach access.
Where is this triplex located?
The property is located at 133 SE 48th Street 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 separate two‑story units, each with a private entrance; All three units currently occupied; 2,208 square feet on 0.187 acres
More about this property
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