518 Norton Street, Oak Island, NC 28465

Oak Island
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
518 Norton Street,Oak Island, NC 28465
$1,200,000
  • 8 Beds
  • 4 Baths
  • 3,024 sq. ft.
  • Multi-family
  • Active
Listed by: carolina coastal group, devin b. tickle
Office: northrop realty
MLS#:100583677
Source:NC_CCAR

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$396.83

About this home

**4 UNITS! WATERWAY VIEWS! ESTABLISHED RENTAL HISTORY!** Rare opportunity to own four income-producing units on Oak Island with Intracoastal Waterway and marsh views. This unique offering consists of two separate parcels, each improved with a duplex, for a total of four rental units. **(This listing includes 518 Norton Dr and 516 Norton Dr. 516 Norton Dr, Lot 9, PID 250CG04401.)** Each unit has an established rental history, providing immediate income potential and making this an attractive addition to an investment portfolio. Whether you're looking to continue operating all four units as rentals, create a family compound, occupy one unit while generating income from the others, or explore future redevelopment opportunities, the possibilities are extensive with this versatile Oak Island property. Perfectly positioned to take advantage of coastal living, residents enjoy beautiful Intracoastal Waterway and marsh views from the shared courtyard and viewing deck. Public beach...

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Home facts

  • Year built:1973
  • Listing ID #:100583677
  • Added:5 day(s) ago
  • Updated:June 28, 2026 at 04:40 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet
  • Kitchen Description:Range, Refrigerator
  • Living area:3,024 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Heat Pump, Heating
  • Central air:Yes

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:1973
  • Building area:3,024 sq. ft.
  • Lot area:0.34 Acres
  • Construction Materials:Wood Frame, Wood Siding
  • Exterior Features:Screened
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:South Brunswick
  • Middle school:South Brunswick
  • Elementary school:Southport

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$396.83

Features and amenities

  • Appliances:Range, Refrigerator
  • Laundry features:Washer Hookup

Parking

  • Parking description:Gravel, Off Street, On Site, Unpaved
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