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Two-Cottage Income Property

218 N Third Avenue N Kure Beach, NC 28449

218 N Third Avenue N, Kure Beach, NC, 28449
$549,000
For Sale
$549,000

Two 1-bedroom, 1-bath cottages on a B-2-zoned lot near the ocean offer rental and redevelopment flexibility.

Property Size634 SF
Price / SF$865.93
Days on Market282

Property Features for 218 N Third Avenue N

General Information

Standard status
Active
Size
634 SF
Property subtype
Multi-Family

Building Details

Year Built
1949
Listing Agency Long & Foster Real Estate
Listed by Tina Powers
Source Hamiltonrealtygroupnc
Added: Oct 10, 2025 Checked: Jul 17 at 2:17 am

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 Long & Foster Real Estate


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.

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

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Building Supply Hair Salon Spa & Massage Center Nail Salon Restaurant Pet Grooming Service Accounting Firm (Bike/Boat/Book/etc) Store Food Market

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

FAQs

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
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