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.
For sale
$850,000
133 SE 48th Street, Oak Island, NC 28465
6beds
3baths
2,208sqft
Triplex
Built in 1985
-- sqft lot
$-- Zestimate®
$385/sqft
$-- HOA
What's special
Ocean viewsOverlooking middleton park
- 108 days
- 185
- 11
Zillow last checked:
Listing updated:
Listed by:
Carolina Coastal Group 910-352-6471,
Northrop Realty,
Devin B. Tickle 336-327-0716,
Northrop Realty
Source: Hive MLS,MLS#: 100580696
Originating MLS: Brunswick County Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Oven, Refrigerator, Dishwasher
- Laundry: Dryer Hookup, Washer Hookup, Laundry Closet, Hookup - Dryer
Features
- Eat-in Kitchen
- Flooring: Laminate
Interior area
- Total structure area: 2,208
- Total interior livable area: 2,208 sqft
Property
Parking
- Parking features: On Site
Features
- Levels: Two
- Patio & porch: Deck, Front Porch
- Fencing: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: None
- Frontage type: See Remarks
Lot
- Size: 8,146 Square Feet
- Dimensions: 74 x 111 x 72 x 1111
- Features: Dead End
Details
- Parcel number: 235md004
- Zoning: OK-CR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: E. Long Beach
Location
- Region: Oak Island
Financial & listing details
- Price per square foot: $385/sqft
- Tax assessed value: $401,730
- Annual tax amount: $2,939
- Date on market: 7/27/2026
- Cumulative days on market: 108 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Tenant pays: Cable TV, Electricity, Water, All Utilities
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,814/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $850,000$385/sqft |
Source: | ||
| 7/3/2026 | Pending sale | $850,000$385/sqft |
Source: | ||
| 6/18/2026 | Listed for sale | $850,000+9.7%$385/sqft |
Source: | ||
| 12/30/2025 | Listing removed | $775,000$351/sqft |
Source: | ||
| 3/12/2025 | Listing removed | $1,600$1/sqft |
Source: Hive MLS #100485962 Report a problem | ||
| 3/8/2025 | Listed for rent | $1,600$1/sqft |
Source: Hive MLS #100485962 Report a problem | ||
| 8/25/2022 | Listing removed | -- |
Source: | ||
| 5/4/2022 | Listed for sale | $775,000+158.3%$351/sqft |
Source: | ||
| 7/30/2018 | Sold | $300,000-7.7%$136/sqft |
Source: | ||
| 2/17/2018 | Pending sale | $324,900$147/sqft |
Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem | ||
| 12/12/2017 | Listed for sale | $324,900$147/sqft |
Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem | ||
| 11/20/2017 | Pending sale | $324,900$147/sqft |
Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem | ||
| 4/15/2017 | Listed for sale | $324,900$147/sqft |
Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem | ||
| 3/20/2017 | Pending sale | $324,900$147/sqft |
Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem | ||
| 8/26/2016 | Listed for sale | $324,900-7.1%$147/sqft |
Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem | ||
| 2/4/2016 | Price change | $349,900-7.9%$158/sqft |
Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem | ||
| 11/24/2015 | Listed for sale | $379,900-2.6%$172/sqft |
Source: Better Beach Sales & Rentals #698106 Report a problem | ||
| 10/18/2015 | Listing removed | $389,900$177/sqft |
Source: Better Beach Sales & Rentals #686294 Report a problem | ||
| 9/11/2014 | Listed for sale | $389,900-2.3%$177/sqft |
Source: Better Beach Rentals & Sales #686294 Report a problem | ||
| 11/6/2013 | Listed for sale | $399,000-4.8%$181/sqft |
Source: Coldwell Banke rSea Coast Advantage #661773 Report a problem | ||
| 12/6/2011 | Listed for sale | $419,000-6.9%$190/sqft |
Source: Coldwell Banker Sea Coast Rlty #661773 Report a problem | ||
| 8/17/2010 | Listing removed | $450,000$204/sqft |
Source: Intracoastal Realty Corp #641011 Report a problem | ||
| 8/23/2009 | Listed for sale | $450,000-23.1%$204/sqft |
Source: Intracoastal Realty Corp #641011 Report a problem | ||
| 1/13/2009 | Listing removed | $585,000$265/sqft |
Source: Homes.com #627067 Report a problem | ||
| 5/4/2008 | Listed for sale | $585,000$265/sqft |
Source: Homes.com #627067 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,535 -20.7% | $401,730 |
| 2024 | $1,935 | $401,730 |
| 2023 | $1,935 -5% | $401,730 +25.8% |
| 2022 | $2,036 +3% | $319,300 |
| 2021 | $1,976 +2.6% | $319,300 |
| 2020 | $1,926 | $319,300 |
| 2019 | $1,926 | $319,300 +152.1% |
| 2018 | -- | $126,640 |
| 2017 | $1,314 | $126,640 |
| 2016 | $1,314 | $126,640 -40.3% |
| 2015 | $1,314 -10.5% | $212,130 -19.3% |
| 2014 | $1,468 | $262,785 |
| 2013 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28465
Nearby schools
Schools provided by the listing agent
- Elementary: Southport
- Middle: South Brunswick
- High: South Brunswick
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






