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    Four-Unit Waterfront Duplex Investment Title is generated by Realmo AI

    518 Norton Street, Oak Island, NC 28465

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    Claim this Listing
    New
    For Sale
    $1,200,000

    MULTI_FAMILY - Oak Island, NC

    Property size:
    3,024 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $396/SF
    Added:
    Jun 23, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 25 at 12:06 pm

    Property Features for 518 Norton Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Ok-R-9
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 4, Bathroom 3, Bedroom 8, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 7, Bathroom 4, Bathroom 2, Bedroom 6, Bedroom 2
    Parking features
    Paved or Surfaced, Off Street
    Appliances
    Refrigerator, Range
    Standard status
    Active
    APN
    250cg04401
    Size
    3,024 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    L-9 B2Bb Yaupon Plat 36/201 L-10 B2Bb Yaupon Plat 36/201

    Utilities

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

    Building Details

    Year built
    1973
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Lvt/lvp, Carpet
    Building materials
    Wood Siding, Wood Frame
    Roof type
    Shingle

    We can help!

    Contact an agent
    Carolina Coastal Group
    Carolina Coastal Group

    Listing agent Carolina Coastal Group

    Listing office Northrop Realty 514 N Howe Street, Southport, NC

    Listing date Jun 23, 2026

    MLS# 100583677 Listing URL

    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.

    HighLights

    • 4 total rental units: two separate parcels, each improved with a duplex
    • Includes 516 Norton Dr (Lot 9, PID 250CG04401) and 518 Norton Dr
    • Waterway/marsh views from the shared courtyard and viewing deck
    • Ongoing ownership improvements include new roofs on both buildings
    • Central air cooling with heat pump and electric heating; public water service
    • Wood‑frame construction with shingle roof; paved off‑street parking

    Overview

    This offering includes four residential rental units arranged as two separate duplexes on two parcels. The property is improved with duplex structures and includes shared outdoor areas, including a courtyard and a viewing deck, designed to capture Intracoastal Waterway and marsh views. The seller notes ongoing ownership improvements over time, including new roofs on both buildings.

    The property is located in Oak Island, Brunswick County, NC, at 518 Norton Street. The listing states that it also includes 516 Norton Drive, with information provided for 516 Norton Drive, Lot 9, PID 250CG04401. Lot size is listed at 0.34 acres and the total property size is provided as 3,024 square feet.

    For tenants or buyers seeking an income-focused residential asset, this configuration allows continued operation of all four units as rentals, or alternative use scenarios such as occupying one unit while generating income from the others. The duplex-by-duplex layout and shared courtyard and deck create practical shared exterior space for residents, while the stated waterway and marsh views support an appealing coastal lifestyle.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Island
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.078362
    Latitude
    33.912385

    FAQs

    What type of property is this?
    Quadplex - Four rental units across two duplexes, with shared outdoor space offering Intracoastal water and marsh views.
    Where is this quadplex located?
    The property is located at 518 Norton Street Oak Island, NC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 4 total rental units: two separate parcels, each improved with a duplex; Includes 516 Norton Dr (Lot 9, PID 250CG04401) and 518 Norton Dr; Waterway/marsh views from the shared courtyard and viewing deck
    More about this property
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