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. All 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.
63 days
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367
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Zillow last checked:
Listing updated:
Listed by:
Stephanie Bolleyer630-877-5008,
Coldwell Banker Sea Coast Advantage,
Taylor R Reed302-632-4675,
Coldwell Banker Sea Coast Advantage-Hampstead
Source: Hive MLS,MLS#: 100581885Originating MLS: Jacksonville Board of Realtors
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
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
Special conditions: Standard
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: $317/sqft
Tax assessed value: $220,085
Annual tax amount: $2,993
Date on market: 6/15/2026
Cumulative days on market: 64 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,VA Loan,1031 Exchange,Private Financing Available