$495,000
About this home
Seller will consider financing 20% down @ 6.0% w/5 year balloon Rarely available income producing property in great Morehead City location! Over 3600 sq feet consisting of FIVE SEPARATE UNITS each with separate entrances, bedrooms and baths. Three downstairs units/ two upstairs. Good rental history over many years-long time managment in place. All city services. Some recent improvements. Short walk/bike or golf cart ride to downtown Morehead waterfront/ Big Rock Landing/ Carteret Community Theater /restaurants/concerts/Seafood Festival Agent Remarks: Property sold ''AS-IS'' seller to make no repairs. Please use courtesy and caution when showing and please respect tenants. Property zoned ''OP'' by Town of Morehead Consult with Town of Morehead City regarding zoning and possible uses **NOTE** ''Heated square footage'' is appraiser measured size of building. There is NO fixed heating or cooling-window a/c and electric heat for each unit. Legal: Susan B. Craige/ Trustee of the Harold N. Cragie Trust, dated Sept 10, 1993 Showing Instructions: 48 hours minimum notice. May not get to see all units at same time. Rental info provided to qualified/cash buyers
Property details
- MLS
- Hive MLS
- MLS #
- 100551920
- Property type
- Multi Family
- Subdivision
- Not In Subdivision
- Status
- Active
- Days on market
- 260
- On market date
- August 3, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.16 acres
Location
Get directions →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.
- Enrollment
- 526
- Student:teacher ratio
- 10.7:1
- District
- Carteret County Public Schools
- Enrollment
- 448
- Student:teacher ratio
- 13.6:1
- District
- Carteret County Public Schools
- Enrollment
- 1,134
- Student:teacher ratio
- 15.8:1
- District
- Carteret County Public Schools
Walkability
Blended score for Morehead City'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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
Market position
How this listing compares to current activity in Morehead City, from live MLS data.
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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 28 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.