$500,000
About this home
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.
Property details
- MLS
- Hive MLS
- MLS #
- 100581885
- Property type
- Quadruplex
- Subdivision
- Old Settlers Beach
- Status
- Active
- Days on market
- 124
- On market date
- June 15, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- 2
- Parking spaces
- 2
- Lot size
- 0.11 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
- 576
- Student:teacher ratio
- 16.5:1
- District
- Pender County Schools
- Enrollment
- 785
- Student:teacher ratio
- 20.7:1
- District
- Pender County Schools
- Enrollment
- 218
- Student:teacher ratio
- 27.3:1
- District
- Pender County Schools
Walkability
Blended score for Surf 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). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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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.