Ocean-View Duplexes with
For Sale
$382,500
9005 E 9th St, Surf City, NC 28445
Two adjoining units provide flexible layouts near direct beach access, with separate deeds and no HOA.
Property Size1,344 SF
Price / SF$284.60
Days on Market87
Property Features for 9005 E 9th St
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
RV parking
Building Details
Year Built
1984
Listing Agency:
Century 21 Coastal Advantage
Listed By:
Taylor M Greene · License #198259
(919) 422-6281
Source:
Bradberrygarnerrealestate
Added: Jul 21
Changed: Oct 2
Last Checked: Oct 7 at 1:31PM
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 Century 21 Coastal Advantage
Investment Insights
Based on property information with market context.
This duplex offering combines two adjoining townhome-style units sold together while remaining separately deeded. The property contains 1,344 square feet and was built in 1984. Each side includes a lower-level bedroom arrangement, an upper loft, and a half bath, with front and rear decks oriented toward ocean views. Unit 9005 has an updated kitchen with stainless steel appliances installed in 2026.
The property is located at 9003-9005 E 9th St in Surf City, approximately ¼ block from direct beach access. Both units benefit from the coastal setting and deck areas, while the property also includes RV parking. There is no HOA. The configuration supports flexible use as a beach residence, second home, or rental property, subject to applicable requirements.
The property is located at 9003-9005 E 9th St in Surf City, approximately ¼ block from direct beach access. Both units benefit from the coastal setting and deck areas, while the property also includes RV parking. There is no HOA. The configuration supports flexible use as a beach residence, second home, or rental property, subject to applicable requirements.
Key Highlights
- Two adjoining duplex units sold together with separate deeds
- 1,344 square feet across the property; built in 1984
- Ocean views from front and rear decks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,442
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,840
$268.8K
Cap Rate 7%
$192,029
$192.0K
Cap Rate 9%
$149,356
$149.4K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$20.2K $15.00/SF
− Vacancy
−$958 −$0.71/SF
EGI
$19.2K $14.29/SF
− OpEx
−$5.8K −$4.29/SF
NOI
$13.4K $10.00/SF
Area
Onslow County, NC
Vacancy
4.75%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,840
Cap Rate 7%
$192,029
Cap Rate 9%
$149,356
Alternative Uses
Best Use
Multifamily LT 5
$192.0K
$168.0K – $224.0K
NOI $13,442 @ 7.0% cap · market cap 3.51%
Second Best
Apartment 5plus
$174.6K
$152.7K – $203.7K
NOI $12,219 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$292.0K
$255.5K – $340.6K
NOI $20,437 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 28445, NC
10,243
Population
8,832
Households
1.2
Avg Household Size
38
Median Age
42%
College-Educated
92%
High-School Grad
103.7 sq mi
ZIP Area
99
Density / Sq Mi
$89,250
Median Household Income
$56,844
Median Earnings
$1,318
Median Rent
$332,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two adjoining units provide flexible layouts near direct beach access, with separate deeds and no HOA.
Where is this duplex located?
The property is located at 9005 E 9th St Surf City, NC.
What is the asking price?
The asking price for this property is $382,500.
What are key features of this property?
This property features: Two adjoining duplex units sold together with separate deeds; 1,344 square feet across the property; built in 1984; Ocean views from front and rear decks
