Oak Island, NC 28465 133 SE 48th Street
$850,000
Pending



10 more










Presented By: Carolina Coastal Group with Northrop Realty.
Home Details
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.
Presented By: Carolina Coastal Group with Northrop Realty.
Interior Features for 133 SE 48th Street
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths3
Other Interior Features
SmokingYNNo
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate
Furnished Y/NUnfurnished
Heating Y/NYes
Interior AmenitiesEat-in Kitchen
Laundry FeaturesDryer Hookup, Washer Hookup, Laundry Closet
Total Stories2
General for 133 SE 48th Street
AppliancesElectric Oven, Refrigerator, Dishwasher
Attached Garage No
Carport Spaces0.0
Carport Y/NNo
CityOak Island
Construction MaterialsVinyl Siding, Wood Frame
CoolingCentral Air
CountyBrunswick
DirectionsTraveling on Oak Island Drive, turn on SE 48th St. The property is at the end of the road on the right.
Elementary SchoolSouthport
Garage Y/NNo
HOANo
HeatingElectric, Heat Pump
High SchoolSouth Brunswick
High School DistrictBrunswick County Schools
Home Warranty Y/NNo
In City Limits? (Y/N)Yes
IslandOrMainlandIsland
Land Lease Y/NNo
Lease Considered Y/NNo
Legal DescriptionL-28-31 B-152 S-N1 LB PLAT 6/12&12A
LevelsTwo
Lot Size Square Feet8146.0
Lot Size UnitsAcres
Middle/Junior High SchoolSouth Brunswick
New ConstructionNo
Number Of Units Total3
Operating Expense0.0
Parcel Number235md004
Patio/Porch FeaturesDeck, Front Porch
PossessionClose Of Escrow, At Closing
Property Attached Y/NNo
Property SubtypeTriplex
Property TypeResidential Income
RoofMetal
Standard StatusPending
StatusPending
Structure TypeWood Frame
Subdivision NameE. Long Beach
Tax Assessed Value401730
Tax Year2025
Taxes$2,940
UtilitiesCable Available, Sewer Connected, Water Connected
ViewOcean
Waterfront FeaturesNone
Year Built1985
ZoningOK-CR
Exterior for 133 SE 48th Street
Building Area Total2208.0
Crops Included Y/NNo
Exterior FinishVinyl Siding
FencingNone
Foundation DetailsSlab
Frontage TypeSee Remarks
Horse Y/NNo
Lot Dimensions74x111x72x1111
Lot FeaturesDead End
Lot Size Acres0.19
Lot Size Area0.19
Parking FeaturesOn Site
Road Frontage TypeMaintained, City Street, State Road, Paved
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Southport Elementary School
Middle School
South Brunswick Middle School
High School
South Brunswick High School
SQFT • 2,208