Two-Cottage Income
For Sale
$549,000
Pending
218 N Third Avenue N, Kure Beach, NC 28449
Two 1-bedroom, 1-bath cottages on a B-2-zoned lot near the ocean offer rental and redevelopment flexibility.
Property Size634 SF
Days on Market327
Property Features for 218 N Third Avenue N
General Information
Standard status
Pending
Size
634 SF
Property subtype
Contingent
Zoning
B-2
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,236
Building Details
Building Size
634 SF
Year Built
1949
Stories
1
Listing Agency:
Berkshire Hathaway HomeServices Carolina Premier Properties
(910) 448-2466
Listed By:
Tina Powers
(910) 448-2466
Source:
Hamiltonrealtygroupnc
Added: Oct 10, 2025
Changed: Aug 16
Last Checked: Aug 14 at 7:11AM
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 Berkshire Hathaway HomeServices Carolina Premier Properties
Investment Insights
Based on property information with market context.
This property at 218 N 3rd Ave consists of two separate 1-bedroom, 1-bath cottages. The cottages have been operated as part of a successful long-term rental program for over 10 years. The zoning and lot configuration also provide flexibility for future redevelopment.
The property is located in the B-2 zoning district and is described as being just steps from the ocean in Kure Beach. The lot is also noted to support additional development, with the public remarks stating that a duplex can be built.
For buyers seeking an income-producing setup or a redevelopment pathway, the existing cottage layout paired with the B-2 designation offers practical options, whether continuing the current long-term rental use or pursuing an alternative use as allowed by zoning.
The property is located in the B-2 zoning district and is described as being just steps from the ocean in Kure Beach. The lot is also noted to support additional development, with the public remarks stating that a duplex can be built.
For buyers seeking an income-producing setup or a redevelopment pathway, the existing cottage layout paired with the B-2 designation offers practical options, whether continuing the current long-term rental use or pursuing an alternative use as allowed by zoning.
Key Highlights
- Two 1‑bedroom, 1‑bath cottages on one lot
- B‑2 zoning district with flexibility to redevelop (a duplex can be built)
- Year built: 1949
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
135
Businesses Nearby
Explore this area
Business Placement
Demographics for 28449, NC
1,926
Population
1,958
Households
1
Avg Household Size
58
Median Age
51%
College-Educated
98%
High-School Grad
4.0 sq mi
ZIP Area
482
Density / Sq Mi
$106,518
Median Household Income
$43,036
Median Earnings
$1,356
Median Rent
$643,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two 1-bedroom, 1-bath cottages on a B-2-zoned lot near the ocean offer rental and redevelopment flexibility.
Where is this duplex located?
The property is located at 218 N Third Avenue N Kure Beach, NC.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bath cottages on one lot; B‑2 zoning district with flexibility to redevelop (a duplex can be built); Year built: 1949
