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    Morehead City, NC
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    Morehead City, NC Multifamily Properties for Sale

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    Five-Unit Apartment Building
    Updated: Jan 29
    Five-Unit Apartment Building

    106 N 9th Street, Morehead City, NC 28557

    $495,000
    3,644 sqft 0.16 AC lot
    3,644‑square‑foot apartment building built in 1930
    Five separate units: three downstairs and two upstairs
    Each unit includes a separate entrance, bedrooms, and bathrooms
    OP zoning by the Town of Morehead City
    Off‑street parking, public water, and natural gas available
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    This listing looks promising.

    Here's a quick look at some key insights for

    106 N 9th Street, Morehead City, NC 28557

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    • Est. Cap Rate

      6%
      Above avg (5.9%)

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $421K
      Suggested

    • Property Type

      Duplex
      Built 1930
    View Property Analytics
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Morehead City, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    16-Suite Hotel With Covered Parking
    16-Suite Hotel With Covered Parking

    313 Cedar Street, Beaufort, NC 28516

    $2,495,000
    8,100 sqft 0.28 AC lot

    Operating hospitality property with full-kitchen suites, elevator service, covered parking, and outdoor gathering areas.

    View details
    Downtown Mixed-Use Property
    Downtown Mixed-Use Property

    119 Turner Street, Beaufort, NC 28516

    $1,099,900
    2,003 sqft 0.03 AC lot

    Retail and residential components create a flexible live-work configuration in downtown Beaufort.

    View details
    Furnished Beachside Triplex
    Furnished Beachside Triplex

    205 Barefoot Lane, Atlantic Beach, NC 28512

    $950,000
    1,964 sqft 0.14 AC lot

    Two-level residential income property with multiple kitchens, flexible living areas, outdoor amenities, and established rental history.

    View details
    Furnished Duplex Near the Beach
    Furnished Duplex Near the Beach

    205 Barefoot Lane, Atlantic Beach, NC 28512

    $950,000
    1,964 sqft

    Two-level property offers flexible living arrangements, outdoor amenities, and established rental history near Atlantic Beach beaches.

    View details

    Off-Market Properties in Morehead City, NC

    Consider similar Off-Market properties in Morehead City, 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.

    Morehead City, NC 28557
    MOBILE HOME PARK, TRAILER PARK

    Morehead City, NC 28557

    $3,235,000
    Estimated value
    8,160 sqft 0.61 AC lot
    View details
    136 Gloria Dawn Rd
    MOBILE HOME PARK, TRAILER PARK

    136 Gloria Dawn Rd, Morehead City, NC 28557-8430

    $515,000
    Estimated value
    3.70 AC lot
    View details
    4856 Arendell St
    MOBILE HOME PARK, TRAILER PARK

    4856 Arendell St, Morehead City, NC 28557-2635

    $185,000
    Estimated value
    1.27 AC lot
    View details
    2100 Fisher St
    MOBILE HOME PARK, TRAILER PARK

    2100 Fisher St, Morehead City, NC 28557-3564

    $315,000
    Estimated value
    0.57 AC lot
    View details
    1013 Oak Dr
    MOBILE HOME PARK, TRAILER PARK

    1013 Oak Dr, Morehead City, NC 28557-6265

    $505,000
    Estimated value
    28.21 AC lot
    View details
    1200 20th St
    MOBILE HOME PARK, TRAILER PARK

    1200 20th St, Morehead City, NC 28557-4410

    $5,005,000
    Estimated value
    15.81 AC lot
    View details
    3314 Bridges St
    MOBILE HOME PARK, TRAILER PARK

    3314 Bridges St, Morehead City, NC 28557-3207

    $360,000
    Estimated value
    17.24 AC lot
    View details
    1807 Oglesby Rd
    MOBILE HOME PARK, TRAILER PARK

    1807 Oglesby Rd, Morehead City, NC 28557-4444

    $310,000
    Estimated value
    8.00 AC lot
    View details

    Morehead City, NC Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Morehead City, NC on our real estate platform. These investment opportunities span a total of 3,644 square feet of properties for sale, with an estimated market value of $495,000.

    Sale prices for multifamily properties in Morehead City, NC average $495,000 — 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 1

    Demographics Overview

    Population 15K
    Population Growth (5Y) +1.0%
    Median Household Income $67,753
    College Educated 54.0%

    High-Yield Neighborhoods for Investment

    Identify Morehead City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    28557 $525K

    Taxes & Financing

    Tax Rate (average for all types) 0.35%
    Property Tax per SF $4.64 per SF
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carteret County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Morehead City fall within the 100,000+ square foot range.

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