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    Kill Devil Hills, NC
    Multifamily

    Kill Devil Hills, NC Multifamily Properties for Sale

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    Kitty Hawk, NC Nags Head, NC Southern Shores, NC Manteo, NC Elizabeth City, NC Harbinger, NC Point Harbor, NC Duck, NC
    Corner-Lot Duplex
    Updated: Apr 20
    Corner-Lot Duplex

    319 W Ocean Acres Drive lot: : 19, Kill Devil Hills, NC 27948

    $549,000
    2,155 sqft
    2,155 square feet on a corner lot
    Two units, each with 2 bedrooms and 2 bathrooms
    Upper unit features an expansive screened porch; lower unit has a separate screened porch
    New shingle roof
    Windows replaced in 2023
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    This listing looks promising.

    Here's a quick look at some key insights for

    319 W Ocean Acres Drive lot: : 19, Kill Devil Hills, NC 27948

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $32K
      Annual

    • Mortgage

      $427K
      May 2023

    • Last Sold

      May 2023
      $450K

    • Property Type

      Residential Income
      Built 1976
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    Historic Triplex with Ocean Access
    Updated: Jun 15
    Historic Triplex with Ocean Access

    418 W Hayman Boulevard lot: 30-33, Kill Devil Hills, NC 27948

    $739,000
    2,650 sqft 0.23 AC lot
    Historic triplex built in 1945, with main house plus two apartments
    Each unit has a full kitchen and washer/dryer
    Water, electric, and internet are included in current rents
    Interior staircase to the maids quarters is closed off, but can be restored for accessibility
    0.23‑acre lot at 418 W Hayman Boulevard lot 30‑33
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    Soundfront Duplex With Private Dock
    Soundfront Duplex With Private Dock

    219 Kitty Hawk Bay Drive lot: 181, Kill Devil Hills, NC 27948

    $899,000
    1,888 sqft 0.25 AC lot

    Four-bedroom property with two sides, central HVAC, appliances, balconies, and decks across multiple levels.

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    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    3207 Briggs St, Kill Devil Hills, NC 27948

    $1,225,000
    3,558 sqft

    Two-story, commercial-zoned property with established multifamily use and an adjacent parcel included.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    8-Unit Condo Complex with Ocean Views
    8-Unit Condo Complex with Ocean Views

    1711 Bobby Lee Trail 1711, Kill Devil Hills, NC 27948

    $1,850,000

    Eight condo units with ocean views, with multiple units renovated within the last year.

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    Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 5 Active listings in Kill Devil Hills, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    24-Unit Apartment Complex
    24-Unit Apartment Complex

    1005 Raleigh Street, Elizabeth City, NC 27909

    $2,695,827
    21,500 sqft 2.86 AC lot

    Multi-family portfolio with two-bedroom apartments, substantial renovations, and current occupancy of 95.8%.

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    Multi-Family Apartment Complex Portfolio
    Multi-Family Apartment Complex Portfolio

    1005 Raleigh St, Elizabeth City, NC 27909

    Contact for pricing
    21,500 sqft

    Well-maintained 24-unit apartment complex with high occupancy rate.

    View details
    Short-Term Rental Park Model RV
    Short-Term Rental Park Model RV

    3665 Sandpiper Road, Virginia Beach, VA 23454

    $225,000

    One-bedroom coastal accommodation with a covered deck and access to extensive resort recreation facilities.

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    RV Lot with Water Views
    RV Lot with Water Views

    3665 Sandpiper Road, Virginia Beach, VA 23456

    $195,000

    Large RV lot with condo-style amenities and water views.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Wooded Corner Lot in Glen Cove
    Wooded Corner Lot in Glen Cove

    114 Spindrift Trail lot: 73, Elizabeth City, NC 27909

    Contact for pricing
    0.44 AC lot

    0.437-acre wooded corner lot in a friendly neighborhood.

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    Waterfront Land in Elizabeth City
    Waterfront Land in Elizabeth City

    Driftwood Drive lot: 0, Elizabeth City, NC 27909

    $550,000
    53.50 AC lot

    53.5-acre waterfront property with development potential in Elizabeth City, NC.

    View details

    Off-Market Properties in Kill Devil Hills, NC

    Consider similar Off-Market properties in Kill Devil Hills, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    203 Sandpiper Dr
    MOBILE HOME PARK, TRAILER PARK

    203 Sandpiper Dr, Kill Devil Hills, NC 27948-8620

    Value Estimation by Request
    0.20 AC lot
    View details
    1106 6th Ave
    MOBILE HOME PARK, TRAILER PARK

    1106 6th Ave, Kill Devil Hills, NC 27948-8946

    $245,000
    Estimated value
    0.24 AC lot
    View details
    428 Sandpiper Dr
    MOBILE HOME PARK, TRAILER PARK

    428 Sandpiper Dr, Kill Devil Hills, NC 27948-9009

    $110,000
    Estimated value
    72 sqft 0.29 AC lot
    View details
    705 Airstrip Rd
    MOBILE HOME PARK, TRAILER PARK

    705 Airstrip Rd, Kill Devil Hills, NC 27948-8325

    $255,000
    Estimated value
    432 sqft 0.22 AC lot
    View details
    1202 7th Ave
    MOBILE HOME PARK, TRAILER PARK

    1202 7th Ave, Kill Devil Hills, NC 27948-8342

    $275,000
    Estimated value
    680 sqft 0.24 AC lot
    View details
    901 Airstrip Rd
    MOBILE HOME PARK, TRAILER PARK

    901 Airstrip Rd, Kill Devil Hills, NC 27948

    $210,000
    Estimated value
    0.24 AC lot
    View details
    114 Swan E Ct
    MOBILE HOME PARK, TRAILER PARK

    114 Swan E Ct, Kill Devil Hills, NC 27948-9013

    $225,000
    Estimated value
    224 sqft 0.22 AC lot
    View details
    1005 9th Ave
    MOBILE HOME PARK, TRAILER PARK

    1005 9th Ave, Kill Devil Hills, NC 27948-7910

    $445,000
    Estimated value
    0.24 AC lot
    View details
    1205-A 7th Ave
    MOBILE HOME PARK, TRAILER PARK

    1205-A 7th Ave, Kill Devil Hills, NC 27948

    $50,000
    Estimated value
    0.11 AC lot
    View details
    422 Sandpiper Dr
    MOBILE HOME PARK, TRAILER PARK

    422 Sandpiper Dr, Kill Devil Hills, NC 27948-9009

    $245,000
    Estimated value
    0.23 AC lot
    View details
    1977 Colington Rd
    MOBILE HOME PARK, TRAILER PARK

    1977 Colington Rd, Kill Devil Hills, NC 27948-8038

    $220,000
    Estimated value
    390 sqft 0.14 AC lot
    View details
    364 Sandpiper Dr
    MOBILE HOME PARK, TRAILER PARK

    364 Sandpiper Dr, Kill Devil Hills, NC 27948-8673

    $315,000
    Estimated value
    672 sqft 0.15 AC lot
    View details
    317 Sandpiper Dr
    MOBILE HOME PARK, TRAILER PARK

    317 Sandpiper Dr, Kill Devil Hills, NC 27948-8673

    $55,000
    Estimated value
    0.17 AC lot
    View details
    102 Pirates Moor
    GARDEN APT, COURT APT (5+ UNITS)

    102 Pirates Moor, Kill Devil Hills, NC 27948-7646

    $3,470,000
    Estimated value
    12,096 sqft 14.80 AC lot
    View details
    108 Swan E Ct
    MOBILE HOME PARK, TRAILER PARK

    108 Swan E Ct, Kill Devil Hills, NC 27948

    $245,000
    Estimated value
    0.18 AC lot
    View details
    108 Seagull Ct
    MOBILE HOME PARK, TRAILER PARK

    108 Seagull Ct, Kill Devil Hills, NC 27948-9001

    $50,000
    Estimated value
    0.20 AC lot
    View details
    125 Beasley Ln
    MOBILE HOME PARK, TRAILER PARK

    125 Beasley Ln, Kill Devil Hills, NC 27948-8501

    $165,000
    Estimated value
    0.71 AC lot
    View details
    1505 Memorial Blvd
    GARDEN APT, COURT APT (5+ UNITS)

    1505 Memorial Blvd, Kill Devil Hills, NC 27948-8831

    $750,000
    Estimated value
    3,448 sqft 0.44 AC lot
    View details
    211 Sandpiper Dr
    MOBILE HOME PARK, TRAILER PARK

    211 Sandpiper Dr, Kill Devil Hills, NC 27948

    $70,000
    Estimated value
    0.17 AC lot
    View details

    Kill Devil Hills, NC Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Kill Devil Hills, NC, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 10,251 square feet of properties for sale, with an estimated market value of $5,262,000.

    Sale prices for multifamily properties in Kill Devil Hills, NC start at $549,000, averaging $1,052,400, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 2
    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +13.6%
    Median Household Income $85,319
    College Educated 56.9%

    High-Yield Neighborhoods for Investment

    Identify Kill Devil Hills submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27948 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 0.66%
    Property Tax per SF $6.52 per SF
    Tax Rate vs County Average 0.06 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dare County

    New Delisted

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