Available at Auction. Rare opportunity to own a quadruplex, a ''unicorn'' in Surf City. Set on a desirable corner lot, 2nd Row from beach, each of the four units offers a comfortable 2-bedroom, 1-bath floor plan at 768 square feet- a layout coastal renters actively seek out. Eight parking spaces plus a garage give this property a significant edge in a beach town where parking is scarce.
The property is being sold as-is with some work to be done, making it a true value-add play for the right buyer. Updates and improvements here have real upside potential. You're steps from the ocean in one of the Carolina coast's most active rental markets. Three of the Four units are currently occupied, so your investment generates income immediately while you plan improvements at your own pace.
Live in one unit and let the other three help carry the load, or hold all four as rentals and let Surf City's strong beach tourism do the rest. Either way, the potential here is hard to replicate at this price point and proximity to the water.
For sale
Price cut: $475K (9/28)
$500,000
1518 Easy Street #A - D, Surf City, NC 28445
8beds
4baths
3,072sqft
Quadruplex
Built in 1971
-- sqft lot
$484,100 Zestimate®
$163/sqft
$-- HOA
What's special
Proximity to the waterDesirable corner lotSteps from the ocean
- 126 days
- 1,943
- 172
Zillow last checked:
Listing updated:
Listed by:
Stephanie Bolleyer 630-877-5008,
Coldwell Banker Sea Coast Advantage,
Chris S Luther 910-367-8302,
Coldwell Banker Sea Coast Advantage
Source: Hive MLS,MLS#: 100581885
Originating MLS: Cape Fear Realtors MLS, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Oven, Refrigerator
Features
- None
- Flooring: Laminate, Tile
- Attic: Scuttle
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
Property
Parking
- Total spaces: 2
- Parking features: Shared Driveway, Detached, Gravel, On Site, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
- Details: 7 Parking Spaces
Features
- Levels: Two
- Patio & porch: Deck, Front Porch
- Pool features: None
- Fencing: None
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Second Row
- Frontage type: See Remarks
Lot
- Size: 4,922 Square Feet
- Dimensions: 61 x 89 x 62 x 89
- Features: Corner Lot, Second Row
Details
- Parcel number: 42456428500000
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Block
- Foundation: Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: County Sewer
- Water: County Water
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Green verification: None
Community & HOA
Community
- Subdivision: Old Settlers Beach
Location
- Region: Holly Ridge
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $220,085
- Annual tax amount: $2,993
- Date on market: 6/15/2026
- Cumulative days on market: 126 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,1031 Exchange,Private Financing Available
- Tenant pays: Electricity
- Electric utility on property: Yes
Estimated market value
$484,100
$460,000 - $508,000
$1,376/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Price change | $500,000-48.7%$163/sqft |
Source: | ||
| 6/15/2026 | Listed for sale | $975,000$317/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28445
Nearby schools
Schools provided by the listing agent
- Elementary: Surf City
- Middle: Surf City
- High: Topsail
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






