Two 1-Bed Cottages Near
For Sale
Under Contract
$549,000
218 N Third Avenue N, Kure Beach, NC 28449
MULTI_FAMILY - Kure Beach, NC
Property Size634 SF
Lot Size0.12 Acres
Price / SF$865.93
Days on Market295
Property Features for 218 N Third Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
B-2
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Paved or Surfaced
Patio and Porch features
Porch
Appliances
Refrigerator, Range
Subdivision
Not In Subdivision
Elementary school
Carolina Beach
Middle school
Murray
High school
Ashley
Directions
Take HWY 421 to Kure Beach. Turn right on K Ave (at stoplight). Turn right on N Third Ave. Property is on the right.
Standard status
Active Under Contract
APN
R09213-006-006-000
Size
634 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Lot 18 Blk 14 Sec A Kure Beach
Tax Annual Amount
3236
Legal Description
Lot 18 Blk 14 Sec A Kure Beach
Utilities
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1949
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Vinyl Siding, Wood Frame
Roof type
Shingle
Listing Agency:
Network Real Estate
(910) 458-8881
Listed By:
Lauren A Bollinger · License #245127
(910) 520-2630
Added: Oct 10, 2025
Changed: Jul 21
Last Checked: Jul 31 at 2:06AM
MLS# 100535480
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.
Located at 218 N 3rd Ave, this seaside property includes two separate 1-bedroom, 1-bath cottages. The cottages have been part of a successful long-term rental program for over 10 years, offering an existing income setup with a straightforward layout.
The property is situated in the B-2 zoning district and is described as being just steps from the ocean in Kure Beach. The lot also provides redevelopment flexibility, with the remarks noting that a duplex can be built, which may appeal to buyers looking to expand beyond the current cottages.
With two independent units already in place, the site supports continued operation of the long-term rentals or other uses consistent with the buyer’s plans under the B-2 zoning framework.
The property is situated in the B-2 zoning district and is described as being just steps from the ocean in Kure Beach. The lot also provides redevelopment flexibility, with the remarks noting that a duplex can be built, which may appeal to buyers looking to expand beyond the current cottages.
With two independent units already in place, the site supports continued operation of the long-term rentals or other uses consistent with the buyer’s plans under the B-2 zoning framework.
Key Highlights
- Two separate 1‑bedroom, 1‑bath cottages at 218 N 3rd Ave, in a long‑term rental program for over 10 years
- B‑2 zoning district lot allows flexibility for future redevelopment, including potential to build a duplex
- Electric heating with wall/window unit air conditioning for the cottages
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 operate as long-term rentals on a B-2 zoned lot near the ocean.
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 separate 1‑bedroom, 1‑bath cottages at 218 N 3rd Ave, in a long‑term rental program for over 10 years; B‑2 zoning district lot allows flexibility for future redevelopment, including potential to build a duplex; Electric heating with wall/window unit air conditioning for the cottages
