133 SE 48th Street
Oak Island, NC, 28465 $ 850,000
Bedrooms6 Baths3.0 Sq 2,208 Monthly Estimate*
$ 5,234
for $850,000 with 6 bedrooms and 3 full baths. This 2,208 square foot home was built in 1985 on a lot size of 0.19.
THREE INCOME-PRODUCING RENTAL UNITS! OCEAN VIEWS! OVERLOOKING MIDDLETON PARK! Unique opportunity to own a triplex in the heart of Oak Island featuring three separate two-story units, each with its own private entrance. With all units currently occupied, this property offers established rental income from day one while providing exceptional flexibility for future use. Whether you're looking to continue operating all three units as income-producing rentals, occupy one unit while renting the others, or create the perfect coastal getaway with built-in income potential, the possibilities are endless with this one-of-a-kind property. Relax--own a piece of Oak Island while rental income helps make beach ownership a breeze. Ideally positioned with ocean views and overlooking Middleton Park, owners and tenants enjoy front-row access to many of Oak Island's most popular events, including the summer concert series, farmers markets, festivals, pickleball courts, tennis courts, ball fields, playgrounds, and recreational amenities. Public beach access is just a short distance away, making it easy to enjoy the best of island living. Located in the center of Oak Island, you'll also enjoy convenient access to local restaurants, shopping, entertainment, and area attractions. Just minutes from the historic waterfront town of Southport, known for its boutique shopping, waterfront dining, and coastal charm, this location offers the best of beach living. Conveniently situated between Wilmington, NC and Myrtle Beach, SC, owners enjoy easy access to airports, entertainment, healthcare, and everything the Carolina coast has to offer. Whether you're searching for a proven investment property, a multi-generational beach retreat, or a second home with income potential, this unique Oak Island triplex delivers location, flexibility, and opportunity in one of North Carolina's most desirable coastal communities.
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FeaturesInteriorInterior Amenities Eat-in Kitchen
Flooring Laminate
Furnished Y/N Unfurnished
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Dryer Hookup Washer Hookup Laundry Closet
Total Bedrooms 6
Total Baths 3
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GeneralHeating Electric Heat Pump
Cooling Central Air
Utilities Cable Available Sewer Connected Water Connected
Possession Close Of Escrow At Closing
Roof Metal
Appliances Electric Oven Refrigerator Dishwasher
Zoning OK-CR
Patio/Porch Features Deck Front Porch
Construction Materials Vinyl Siding Wood Frame
Year Built 1985
View Ocean
Levels Two
Property Subtype Triplex
Tax Year 2025
Taxes 2939.85
Parcel Number 235md004
Waterfront Features None
County Brunswick
Operating Expense 0.0
New Construction N
Property Type Residential Income
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name E. Long Beach
Garage Y/N N
Status Active
Directions Traveling on Oak Island Drive turn on SE 48th St. The property is at the end of the road on the right.
High School South Brunswick
City Oak Island
High School District Brunswick County Schools
Number Of Units Total 3
Lot Size Units Acres
Lot Size Square Feet 8146.0
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 401730
Legal Description L-28-31 B-152 S-N1 LB PLAT 6/12&12A
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ExteriorExterior Finish Vinyl Siding
Fencing None
Parking Features On Site
Lot Features Dead End
Water Source Public
Total Parking 0.0
Lot Size Area 0.19
Foundation Details Slab
Spa N
Building Area Total 2208.0
Lot Dimensions 74x111x72x1111
Lot Size Acres 0.19
Road Surface Type Paved
Frontage Type See Remarks
Waterfront Y/N N
Road Frontage Type Maintained City Street State Road Paved
Crops Included Y/N N
Horse Y/N N
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* Excluded FeaturesList ByCarolina Coastal GroupListing Agent
burt@carolinacoastalgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,234
- Monthly Property Taxes
- $245
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Oak Island, NC
Average List Price $650,000
Percent of Sale Price 24%
About Oak Island, NC 8,346 Population
23% Since 2002
$ 55,425 Median Income
55.39 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
4664917 Elementary School
4664920 Middle School
South Brunswick High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/18/2026 | $850,000 | | Listed Price |