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148 NW 3rd Street # Units A & B Oak Island, NC $ 619,000
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148 NW 3rd Street # Units A & B
$ 619,000
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148 NW 3rd Street # Units A & B

Oak Island, NC, 28465
$ 619,000
Bedrooms6 Baths2.0 Sq 2,160

Monthly Estimate*

$ 3,862

148 NW 3rd Street # Units A & B, Oak Island, NC 28465 - Image 1
148 NW 3rd Street # Units A & B, Oak Island, NC 28465 - Image 2
148 NW 3rd Street # Units A & B, Oak Island, NC 28465 - Image 3
148 NW 3rd Street # Units A & B, Oak Island, NC 28465 - Image 4
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148 NW 3rd Street # Units A & B, Oak Island, NC 28465 - Image 7
148 NW 3rd Street # Units A & B, Oak Island, NC 28465 - Image 8
148 NW 3rd Street # Units A & B, Oak Island, NC 28465 - Image 9
148 NW 3rd Street # Units A & B, Oak Island, NC 28465 - Image 10
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148 NW 3rd Street # Units A & B, Oak Island, NC 28465 - Image 21

Multi-Family Home for sale in Oak Island, NC

for $619,000 with 6 bedrooms and 2 full baths. This 2,160 square foot home was built in 1972 on a lot size of 0.3.

PHENOMENAL INVESTMENT OPPORTUNITY! This tenant occupied 6 Bedroom, 2 Full Bathroom duplex provides 3 Bedrooms and 1 Full Bathroom on each side and includes an adjacent vacant lot that conveys with the sale too! Ready-made gross rental income currently stands at $33,600 annually with recent renovations made to the front side unit. This single Parcel ID# property is actually two separate lots with the existing home on one side leaving the opportunity to construct a new home on the left side vacant lot - check out the survey. That's right, this listing is actually two separate properties with no Instrument of Separation required, an incoming producing actively rented duplex on one side and a vacant lot to improve as you see fit on the other side! There are many options to explore for this property and its new Owner! This property is located just 0.9 miles to the beach and just three blocks from easy on and off access to the island via the new Middleton Street bridge, a short distance to all the island's goods and services and another great chance for a solid Oak Island beach investment! Schedule your showing today!!

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Multi-Family Active

Price

$ 619,000

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,907

Style

Duplex

Lot Size

0.3

Year Built

1972

Town/City

Oak Island

County/Region

Brunswick

MLS | Web ID

100530095
Features
Interior
Interior Amenities Wash/Dry Connect Ceiling Fan(s)
Flooring Carpet Laminate
Water Heater Electric
Fireplace Features None
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Laundry Features Dryer Hookup Washer Hookup
Total Bedrooms 6
Attic Features Access Only
Room Type Dining Area
Total Baths 2
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General
Heating Heat Pump Electric
Cooling Heat Pump
Utilities Electricity Connected Sewer Connected
Possession Subject To Tenant Rights See Remarks
Roof Shingle
Appliances Electric Oven Electric Cooktop Refrigerator
Zoning Ok-R-6
Garage Spaces 0.0
Patio/Porch Features None
Construction Materials Vinyl Siding
Year Built 1972
Stories Count 1
Levels One
Unit Number Units A & B
Property Subtype Duplex
Tax Year 2024
Taxes 2907.24
Parcel Number 234eh036
Gross Income 33600.0
Accessibility None
County Brunswick
Operating Expense 0.0
New Construction N
Property Type Residential Income
In City Limits? (Y/N) Y
Association Amenities See Remarks
HOA N
Attached Garage N
Subdivision Name Tranquil Harbor
Garage Y/N N
Status Active
Directions Access the island via Midway Drive to cross the new bridge. Once over the bridge make the first right at the light onto W. Oak Island Drive. Proceed 3 blocks and turn right onto NW 3rd St. Proper
High School South Brunswick
City Oak Island
High School District Brunswick County Schools
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 13199.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Southport
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School South Brunswick
Lease Considered Y/N N
Structure Type Wood Frame
Standard Status Active
Tax Assessed Value 351560
Legal Description L-54&55 B-201 S-15 Tranquil Harbor PL 6/67
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Exterior
Exterior Finish Vinyl Siding
Fencing Partial Split Rail Front Yard
Parking Features Off Street Unpaved
Lot Features See Remarks Open Lot Front Yard
Water Source Public
Total Parking 0.0
Lot Size Area 0.3
Foundation Details Slab
Spa N
Building Area Total 2160
Lot Dimensions 110 x 120
Lot Size Acres 0.3
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 148
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* Excluded Features
List By
Brendan Gordon

Listing Agent

Coastal Development & Realty Oak Island

Broker

brendan@coastaloakisland.com

Email

Affordability Calculator

$4,104
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,862
Monthly Property Taxes
$242
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4664917 Elementary School
4664920 Middle School
South Brunswick High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2025$619,000 Listed Price

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148 NW 3rd Street # Units A & B, Oak Island, NC, 28465 is a Multi-Family Home for sale at $619,000 with 2,160 sqft and a lot size of 0.3. 148 NW 3rd Street # Units A & B has 6 bedrooms, 2.0 baths, and was built in 1972. The property's zip code is 28465 which is in Oak Island, NC

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