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For sale
  • Price cut: $10K (5/19)
    $800,000

    409 Monroe Avenue, Carolina Beach, NC 28428

    7beds
    3baths
    3,072sqft
    : 
    $4,662/mo
    Get pre-qualified
    Triplex
    Built in 1966
    -- sqft lot
    $762,800 Zestimate®
    $260/sqft
    $-- HOA

    What's special

    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!
    460 days
    |
    571
    |
    47
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Heidi E Brown 703-855-9502,

    Beach Brokers Real Estate LLC

    Source: Hive MLS,MLS#: 100503107MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3
      Heating
      • Baseboard, Electric
      Cooling
      • Wall/Window Unit(s)
      Features
      • Ceiling Fan(s)
      • Has fireplace: No
      Interior area
      • Total structure area: 3,072
      • Total interior livable area: 3,072 sqft

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony
      • Exterior features: Balcony
      • Fencing: Partial,Back Yard
      Lot
      • Size: 4,792 Square Feet
      • Dimensions: 50 x 100 x 50 x 100
      Details
      • Parcel number: R09006014015000
      • Zoning: R-1-WB
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Vinyl Siding, Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1966

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Not In Subdivision
      Location
      • Region: Carolina Beach

      Financial & listing details

      • Price per square foot: $260/sqft
      • Tax assessed value: $534,100
      • Annual tax amount: $2,391
      • Date on market: 1/3/2026
      • Cumulative days on market: 460 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        $762,800

        $725,000 - $801,000

        $2,023/mo

        Price history

        DateEventPrice
        5/19/2026Price change$800,000-1.2%$260/sqft
        Source: Hive MLS #100503107 Report a problem
        4/1/2026Price change$810,000-0.6%$264/sqft
        Source: Hive MLS #100503107 Report a problem
        1/19/2026Price change$815,000-0.6%$265/sqft
        Source: Hive MLS #100503107 Report a problem
        10/2/2025Price change$820,000-0.6%$267/sqft
        Source: Hive MLS #100503107 Report a problem
        8/1/2025Price change$825,000-2.8%$269/sqft
        Source: Hive MLS #100503107 Report a problem
        5/30/2025Price change$849,000-1.3%$276/sqft
        Source: Hive MLS #100503107 Report a problem
        4/24/2025Listed for sale$860,000$280/sqft
        Source: Hive MLS #100503107 Report a problem
        10/21/2024Listing removed$860,000-1.7%$280/sqft
        Source: Hive MLS #100467909 Report a problem
        9/26/2024Listed for sale$875,000+9.8%$285/sqft
        Source: Hive MLS #100467909 Report a problem
        7/18/2023Sold$797,000-0.4%$259/sqft
        Source: Hive MLS #100387610 Report a problem
        6/16/2023Pending sale$800,000$260/sqft
        Source: Hive MLS #100387610 Report a problem
        6/15/2023Listed for sale$800,000$260/sqft
        Source: Hive MLS #100387610 Report a problem
        6/6/2023Pending sale$800,000$260/sqft
        Source: Hive MLS #100387610 Report a problem
        6/2/2023Listed for sale$800,000+107.8%$260/sqft
        Source: Hive MLS #100387610 Report a problem
        6/10/2019Sold$385,000$125/sqft
        Source: Hive MLS #100165845 Report a problem
        5/22/2019Pending sale$385,000$125/sqft
        Source: Intracoastal Realty Corp #100165845 Report a problem
        5/16/2019Listed for sale$385,000+54.6%$125/sqft
        Source: Intracoastal Realty Corp #100165845 Report a problem
        6/15/2014Listing removed$1,900$1/sqft
        Source: Owner Report a problem
        4/4/2014Listed for rent$1,900$1/sqft
        Source: Owner Report a problem
        10/24/2013Listing removed$249,000$81/sqft
        Source: CENTURY 21 Sweyer & Associates #487751 Report a problem
        4/17/2013Price change$249,000-6%$81/sqft
        Source: Century 21 Sweyer & Associates` #487751 Report a problem
        3/5/2013Listed for sale$265,000+51.5%$86/sqft
        Source: Century 21 Sweyer & Associates` #487751 Report a problem
        10/4/2011Listing removed$174,900$57/sqft
        Source: Tregembo & Associates Realty #466763 Report a problem
        8/17/2011Price change$174,900-32.5%$57/sqft
        Source: Tregembo & Associates Realty #466763 Report a problem
        8/10/2011Listed for sale$259,000-13.6%$84/sqft
        Source: Tregembo & Associates Realty #466763 Report a problem
        9/27/2009Listing removed$299,900$98/sqft
        Source: Tregembo & Associates Realty #436677 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,391 +1.7%$534,100 +55.6%
        2024$2,352 +3.2%$343,300 +0.1%
        2023$2,280 -0.7%$342,800
        2022$2,297 -2.9%$342,800
        2021$2,365 +19.8%$342,800 +38.9%
        2020$1,974 $246,800
        2019$1,974 $246,800
        2018$1,974 +2.6%$246,800
        2017$1,925 +9%$246,800 +19.9%
        2016$1,767 +6.1%$205,900
        2015$1,666 +2.5%$205,900
        2014$1,625 $205,900
        2013-- $205,900
        2012-- $205,900 -26.9%
        2011-- $281,489
        2010-- $281,489
        2009-- --
        2008-- --
        2007-- --
        2005-- $151,415
        2004-- $151,415 +5.8%
        2003-- $143,113
        2002-- $143,113
        2001-- $143,113
        2000-- $143,113
        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.
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        Climate risks

        Neighborhood: 28428

        Getting around

        71 / 100
        Very Walkable
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Carolina Beach
        • Middle: Murray
        • High: Ashley

        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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