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    Carolina Beach Triplex Investment Opportunity
    Updated: Apr 23, 2025
    Carolina Beach Triplex Investment Opportunity

    409 Monroe Avenue, Carolina Beach, NC 28428

    $800,000
    3,072 sqft 0.11 AC lot
    1966‑built triplex with three furnished units under one roof
    Unit mix: two 2‑bedroom units on the main floor and one 3‑bedroom unit upstairs
    Two main‑floor units have separate, private entrances
    Short‑term and long‑term rentals allowed with no HOA
    Off‑street parking plus a large backyard
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    This listing looks promising.

    Here's a quick look at some key insights for

    409 Monroe Avenue, Carolina Beach, NC 28428

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    • Est. Cap Rate

      3.7%
      NOI ÷ price

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $417K
      Suggested

    • Property Type

      Triplex
      Built 1966
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    Turnkey 7-Unit Beachfront Area Property
    Updated: May 23
    Turnkey 7-Unit Beachfront Area Property

    415 Carolina Beach Avenue N, Carolina Beach, NC 28428

    $2,950,000
    5,186 sqft 0.14 AC lot
    7‑unit multi‑family property in Carolina Beach built in 1948 with electric heat
    Two‑building setup: front building with 4 units and back building with 3 units
    Front building unit mix: three 1‑bedroom/1‑bath units and one 2‑bedroom loft/1‑bath unit
    Back building unit mix: two 1‑bedroom/1‑bath units and one 2‑bedroom penthouse suite
    2‑bedroom penthouse suite includes ocean and Intracoastal Waterway views
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    Historic Downtown Wilmington Triplex Investment
    Historic Downtown Wilmington Triplex Investment

    308 Church Street, Wilmington, NC 28401

    $1,075,000
    3,125 sqft 0.07 AC lot

    Three-unit property in historic downtown Wilmington with income potential.

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    Turnkey Triplex in Historic District
    Turnkey Triplex in Historic District

    317 S 3rd Street, Wilmington, NC 28401

    $1,019,999
    3,000 sqft 0.10 AC lot

    Updated triplex with three residential units, off-street parking, and a two-car garage.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Two-Cottage Income Property
    Two-Cottage Income Property

    218 N Third Avenue N, Kure Beach, NC 28449

    $549,000
    634 sqft

    Two 1-bedroom, 1-bath cottages on a B-2-zoned lot near the ocean offer rental and redevelopment flexibility.

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    Duplex with Private Boardwalk
    Duplex with Private Boardwalk

    1112 Carolina Beach Avenue N, Carolina Beach, NC 28428

    $1,295,000
    2,068 sqft 0.07 AC lot

    Two furnished cottages each with private entry and full garage, with an elevated private boardwalk to the beach.

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    Triplex with Firepit Lounge
    Triplex with Firepit Lounge

    135 N Third Avenue N, Kure Beach, NC 28449

    $999,900
    2,273 sqft 0.12 AC lot

    Three private units with beach-area appeal and a shared outdoor firepit and grilling setup for guest stays.

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    Remodeled Ocean-Access Quadplex
    Remodeled Ocean-Access Quadplex

    1603 Lake Park Boulevard S, Carolina Beach, NC 28428

    $1,375,000
    2,042 sqft 0.12 AC lot

    Turn-key, fully remodeled 4-unit quadplex positioned for beach-access rental use with designated on-site parking.

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    Historic Mixed-Use Retail and Rentals
    Historic Mixed-Use Retail and Rentals

    220 North Front Street, Wilmington, NC 28401

    $4,100,000
    10,800 sqft

    Three-story mixed-use building with street-level retail and fully furnished short-term rental suites, totaling 10,800 SF.

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    Duplex with Studio Units
    Duplex with Studio Units

    403 S Carolina Avenue, Carolina Beach, NC 28428

    $525,000
    816 sqft 0.12 AC lot

    Turnkey duplex set up for short-term rentals, with both studios offering full kitchens and baths and convenient beach access.

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    Townhome Near Wrightsville Beach
    Townhome Near Wrightsville Beach

    6328 Wrightsville Avenue Apt A2, Wilmington, NC 28403

    $379,000
    1,558 sqft 0.02 AC lot

    Charming townhome near Wrightsville Beach, UNCW, and Mayfaire.

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    Duplex with Three Rental Units
    Duplex with Three Rental Units

    1715 Carolina Beach Avenue N, Carolina Beach, NC 28428

    $875,000
    3,110 sqft 0.14 AC lot

    R-1 zoned duplex configured as three income-producing units with updated roof, HVAC, and renovated interiors.

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    Wilmington Income-Generating Multifamily Property
    Wilmington Income-Generating Multifamily Property

    2020 Princess Place Drive, Wilmington, NC 28405

    $719,000
    2,015 sqft 0.11 AC lot

    Three-unit property near Downtown Wilmington, suitable for various rental strategies.

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    Historic Wilmington Efficiency Condo
    Historic Wilmington Efficiency Condo

    118 Dock Street Apt 3, Wilmington, NC 28401

    $235,000
    370 sqft 0.01 AC lot

    Charming condo in historic district, close to River Walk.

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    Furnished Quadplex with Covered Parking
    Furnished Quadplex with Covered Parking

    710-714 Cronely Alley, Wilmington, NC 28401

    $895,000
    1,680 sqft 0.12 AC lot

    Well-maintained quadplex with furnished one-bedroom units, covered parking, and covered porches for turnkey short-term rental use.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 15 Active listings in New Hanover County, NC, we suggest exploring several alternatives:

    New Hanover County, NC Short Term Rental Properties Market Trends and Statistics

    Explore 15 short term rental properties for sale in New Hanover County, NC, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 41,749 square feet of properties for sale, with an estimated market value of $17,791,899.

    Sale prices for short term rental properties in New Hanover County, NC start at $235,000, averaging $1,186,126, and reaching up to $4,100,000 — 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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