Triplex at 133 SE 48th Street, Oak Island, NC 28465
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15 photos

$850,000

133 SE 48th Street, Oak Island, NC 28465
Oak Island, NC 28465
Listed by Carolina Coastal Group · Northrop Realty
Bedrooms
6
Bathrooms
N/A
Living area
N/A
Year built
1985

About this home

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.

Property details

MLS
Hive MLS
MLS #
100580696
Property type
Triplex
Subdivision
E. Long Beach
Status
Active
Days on market
100
On market date
July 27, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.19 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Southport Elementary
4.89 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
432
Student:teacher ratio
13.9:1
District
Brunswick County Schools
Middle
South Brunswick Middle
7.7 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
636
Student:teacher ratio
17.2:1
District
Brunswick County Schools
High
Brunswick County Early College
10.95 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
365
Student:teacher ratio
33.2:1
District
Brunswick County Schools

Walkability

Blended score for Oak Island's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

33
Car-dependent
out of 100
EPA National Walkability Index
8.5 / 20 -- Below average walkable
Google Places amenity density
18 / 100
Restaurants & cafes1
Grocery stores0
Parks6
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,269/mo
$170,000 down
$680,000 loan
Principal & interest$4,410
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.