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Pending
  • $850,000

    133 SE 48th Street, Oak Island, NC 28465

    6beds
    3baths
    2,208sqft
    : 
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    Triplex
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $385/sqft
    $-- HOA

    What's special

    Ocean viewsOverlooking middleton park
    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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    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#: 100580696MLS LogoOriginating 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: 6/18/2026
      • Cumulative days on market: 20 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,634/mo

        Price history

        DateEventPrice
        7/3/2026Pending sale$850,000$385/sqft
        Source: Hive MLS #100580696 Report a problem
        6/18/2026Listed for sale$850,000+9.7%$385/sqft
        Source: Hive MLS #100580696 Report a problem
        12/30/2025Listing removed$775,000$351/sqft
        Source: Hive MLS #100325843 Report a problem
        3/12/2025Listing removed$1,600$1/sqft
        Source: Hive MLS #100485962 Report a problem
        3/8/2025Listed for rent$1,600$1/sqft
        Source: Hive MLS #100485962 Report a problem
        8/25/2022Listing removed--
        Source: Hive MLS #100325843 Report a problem
        5/4/2022Listed for sale$775,000+158.3%$351/sqft
        Source: Hive MLS #100325843 Report a problem
        7/30/2018Sold$300,000-7.7%$136/sqft
        Source: Hive MLS #20698106 Report a problem
        2/17/2018Pending sale$324,900$147/sqft
        Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem
        12/12/2017Listed for sale$324,900$147/sqft
        Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem
        11/20/2017Pending sale$324,900$147/sqft
        Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem
        4/15/2017Listed for sale$324,900$147/sqft
        Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem
        3/20/2017Pending sale$324,900$147/sqft
        Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem
        8/26/2016Price change$324,900-7.1%$147/sqft
        Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem
        2/4/2016Price change$349,900-7.9%$158/sqft
        Source: Better Beach Sales & Rentals, Inc. #20698106 Report a problem
        11/24/2015Listed for sale$379,900-2.6%$172/sqft
        Source: Better Beach Sales & Rentals #698106 Report a problem
        10/18/2015Listing removed$389,900$177/sqft
        Source: Better Beach Sales & Rentals #686294 Report a problem
        9/11/2014Price change$389,900-2.3%$177/sqft
        Source: Better Beach Rentals & Sales #686294 Report a problem
        11/6/2013Price change$399,000-4.8%$181/sqft
        Source: Coldwell Banke rSea Coast Advantage #661773 Report a problem
        12/6/2011Listed for sale$419,000-6.9%$190/sqft
        Source: Coldwell Banker Sea Coast Rlty #661773 Report a problem
        8/17/2010Listing removed$450,000$204/sqft
        Source: Intracoastal Realty Corp #641011 Report a problem
        8/23/2009Listed for sale$450,000-23.1%$204/sqft
        Source: Intracoastal Realty Corp #641011 Report a problem
        1/13/2009Listing removed$585,000$265/sqft
        Source: Homes.com #627067 Report a problem
        5/4/2008Listed for sale$585,000$265/sqft
        Source: Homes.com #627067 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28465

        Getting around

        49 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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