Building Details

Year Built 1940

Tenancy Multi

Listing Agency: Coldwell Banker Sea Coast Advantage Show Phone

Listed By: Katie Moore Team Show Phone

Source: Exitrealty

Added: Apr 12, 2025 Changed: Jul 22 Last Checked: Jul 22 at 6:56AM

Report an Issue

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 Coldwell Banker Sea Coast Advantage

Investment Insights

Based on property information with market context.

This coastal cottage is currently configured as a duplex with two self-sufficient 2BR/2BA units, offering flexibility as an income property or a candidate for conversion to a single-family retreat. The home includes spacious covered porches and screened French doors that open to bright interiors, with hardwood floors flowing through the living spaces.

Situated on an oversized lot in a coveted residential area on Harbor Island, the property is positioned second row from Banks Channel. The home offers partial water views to the east and marsh and sunset views to the west.

Additional outdoor space includes ample green space in the side yard, providing an extra buffer for quiet, low-maintenance enjoyment while remaining within a short walk of the beach, local shops, and dining.

Key Highlights

• 1940 coastal cottage currently configured as a duplex with two self‑sufficient 2BR/2BA units
• Oversized lot with ample green space in the side yard
• Covered porches plus screened French doors opening to bright interiors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Building Supply Hair Salon Auto Repair Shop HVAC Service Nail Salon

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

2

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

328

Businesses Nearby

Explore this area Business Placement

Demographics for 28480, NC

2,476

Population

2,940

Households

0.8

Avg Household Size

46

Median Age

72%

College-Educated

99%

High-School Grad

3.9 sq mi

ZIP Area

635

Density / Sq Mi

$165,682

Median Household Income

$72,017

Median Earnings

$1,892

Median Rent

$1,049,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Frequently Asked Questions

What type of property is this?

Duplex - Oversized lot duplex features two self-sufficient 2BR/2BA units with covered porches and hardwood floors.

Where is this duplex located?

The property is located at 511 N Channel Drive Wrightsville Beach, NC.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: 1940 coastal cottage currently configured as a duplex with two self‑sufficient 2BR/2BA units; Oversized lot with ample green space in the side yard; Covered porches plus screened French doors opening to bright interiors