409 Monroe Avenue, Carolina Beach, NC 28428 (MLS# 100503107)

409 Monroe Avenue, Carolina Beach, NC 28428

$820,000
Property Type: Multi-Family Bedrooms: 7 Baths: 3 Square Footage: 3,072 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $820,000 List Date: 4/24/2025 Last Modified: 12/03/2025

Description

Incredibly rare opportunity to buy an updated, clean and turnkey income producing triplex in the heart of Carolina Beach! Don't miss your chance to invest in this fully furnished property only 3 blocks from restaurants, entertainment and our famous boardwalk. Live in one and rent the other two or rent all three to instantly build your real estate portfolio. Short-term and long-term rentals allowed with no HOA. Enjoy the benefits of three investments in one closing with only one insurance bill and one tax bill. Maintenance is a breeze with all three under one roof! Plenty of off street parking and a large backyard. On the main floor, you will find two, 2 bedroom units with separate, private entrances and upstairs you will find a spacious 3 bedroom unit with an impressive dining room and kitchen. All three units come fully furnished and ready to be rented. Must see in person. Don't sleep on this one!

More Information MLS# 100503107

Building/Ext Features

ud_i_08: 0

Contract Info

Delayed Marketing?: No Sub-Type: Triplex List Price/SqFt: 266.93 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-04-23 Listing Price: 820000 Current Price: $820,000

Location Information

City Limits: No Marketing City: Carolina Beach Secondary Subdivision: N/A Street #: 409 Street Name: Monroe Street Suffix: Avenue County: New Hanover State/Province: NC Zip Code: 28428 Subdivision: Not In Subdivision Geo Lat: 34.036021 Geo Lon: -77.898296

Remarks and Showing

Sign on Property: Yes Directions to Property: Proceed over the bridge. Turn right onto Florence. Turn left onto N 4th. Turn right onto Monroe.

Building Info

New Construction: No

Property Exterior/Interior Info

Lot Acres: 0.11 Lot SqFt: 4792 Lot Dimensions: 50x100x50x100 Waterfront: No Waterview: No Location Type: Island # Baths - Total: 3 # Total Units: 3 Fireplace Y/N: No Stories: 2 Owner Occupied: No Property Mgmt Company: Yes Financials Available: Yes

Legal and Taxes

Tax Assessed Value: 534100 Deed Book: 6652 Deed Page: 3739 Legal: Lt 8 Blk 76 Carolina Beach Broker Owner: No PID: R09006-014-015-000 Tax Identifier: R09006-014-015-000 Plat Book: 2 Plat Page: 106 Special Assessments: None Tax Year: 2025 Zoning: R-1-WB Cobra Zone: No Elementary School: Carolina Beach Middle School: Murray High School: Ashley Year Built: 1966

Garage & Parking

Attached Garage Spaces: 0 Detached Garage Spaces: 0 Total # Garage Spaces: 0 Total Carport Spaces: 0

Parking Features

Off Street: 1

Construction

Wood Frame: 1

Current Service Providers

Electric Provider: Duke Energy Internet Service Provider(s): Spectrum Water Provider: City/Town

Exterior Finish

Vinyl Siding: 1

Fencing

Back Yard: 1 Partial: 1

Foundation

Slab: 1

Fuel Tank

None: 1

Patio and Porch Features

Balcony: 1

Roof

Shingle: 1

Levels

Two: 1

Cooling

Wall/Window Unit(s): 1

Heating

Baseboard: 1

Heating System Fuel Source

Electric: 1

Interior Features

Ceiling Fan(s): 1

Security Features

Smoke Detector(s): 1

Side/Unit 1

Total Rooms: 6 # of Bedrooms: 3 Full Baths: 1 Avg SqFt: 809 Furnished: Yes Rent: 0 Occupied: Yes

Side/Unit 1 Cooling

Wall/Window Unit: 1

Side/Unit 1 Heating

Baseboard: 1

Side/Unit 1 Rent Frequency

Other: 1

Side/Unit 2

Total Rooms: 4 # of Bedrooms: 2 Full Baths: 1 Avg SqFt: 632 Furnished: Yes Rent: 0 Occupied: Yes

Side/Unit 2 Cooling

Wall/Window Unit: 1

Side/Unit 2 Heating

Baseboard: 1

Side/Unit 2 Rent Frequency

Other: 1

Side/Unit 3

Total Rooms: 5 # of Bedrooms: 2 Full Baths: 1 Avg SqFt: 888 Furnished: Yes Rent: 0 Occupied: Yes

Side/Unit 3 Cooling

Wall/Window Unit: 1

Side/Unit 3 Heating

Baseboard: 1

Side/Unit 3 Rent Frequency

Other: 1

Property ExteriorInterior Info

# Bedrooms: 7 SqFt - Heated (Primary): 3072

Property Features

Construction: Wood Frame Exterior Finish: Vinyl Siding Fencing: Back Yard; Partial Foundation: Slab Fuel Tank: None Parking Features: Off Street Patio and Porch Features: Balcony Roof: Shingle Levels: Two Cooling: Wall/Window Unit(s) Heating: Baseboard Heating System Fuel Source: Electric Interior Features: Ceiling Fan(s) Security Features: Smoke Detector(s)
Listing Office: Beach Brokers Real Estate LLC
IDX
Last Updated: December - 03 - 2025
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