2902 E Oak Island Drive, A&B, Oak Island, NC 28465
$440,000
Property Type:
Multi-Family
Bedrooms:
5
Baths:
2
Square Footage:
1,949
Lot Size (sq. ft.):
15,246
Status:
Closed
Current Price:
$440,000
List Date:
7/25/2025
Last Modified:
8/05/2025
Description
Coastal Charm Meets Investment Opportunity - Just Two Blocks from the Beach Scenic Walk Over! This all-brick, single-story duplex offers the perfect blend of long-term rental income and laid-back coastal living. Nestled on a generous .35-acre lot, this 1945 Ft ² property is just steps from the 31st Street beach walkover, Recreation Center, Kayak Launch and Basket Ball Courts making it a dream for investors, house hackers, or those seeking a beach retreat with built-in income.This solidly built has two sides and is currently tenant-occupied on month-to-month leases, providing immediate, stable cash flow. Live in one side and rent the other, or rent both — the flexibility is yours! Side A: 2 Bed / 1 Bath, HVAC (2010), Water Heater (2023). Side B: 3 Bed / 1 Bath, HVAC (2019), Water Heater (2017). Both Sides Feature Stylish LVP flooring and crawl space spray foam insulation for energy efficiency.With its durable brick exterior, and unbeatable location just a short stroll to the sand and surf, this home offers both lifestyle and legacy. Whether you're building your investment portfolio or planting roots on Oak Island, this home delivers.
More Information MLS# 100521392
Contract Info
Status: Closed
Delayed Marketing?: No
Marketing Start Date: 2025-06-09
Sub-Type: Duplex
Listing Price: 475000
Current Price: $440,000
List Price/SqFt: 243.71
Stipulation of Sale: Standard
Location Information
Street #: 2902
Pre Direction: E
Street Name: Oak Island
Street Suffix: Drive
Unit #: A&B
County: Brunswick
State/Province: NC
Zip Code: 28465
City Limits: Yes
Marketing City: Oak Island
Subdivision: Tranquil Harbor
Secondary Subdivision: N/A
Geo Lat: 33.919521
Geo Lon: -78.131531
Remarks and Showing
Directions to Property: Oak Island Drive east from Middleton, Home is on the left at the corner of E Oak Island Drive and NE 29th St.,
Sign on Property: Yes
Building Info
New Construction: No
Property ExteriorInterior Info
# Bedrooms: 5
SqFt - Heated (Primary): 1949
Legal and Taxes
Tax Assessed Value: 447230
Deed Book: 00945
Deed Page: 843
Legal: L-1&P/O 2 B-137 S-9 TH PLAT 5/107
Broker Owner: Yes
PID: 235KD001
Tax Identifier: 235kd001
Plat Book: 5
Plat Page: 107
Special Assessments: NA
Tax Year: 2024
Year Built: 1977
Zoning: R-6
Cobra Zone: No
Elementary School: Southport
Middle School: South Brunswick
High School: South Brunswick
School District: Brunswick County Schools
Status Change Info
Under Contract Date: 2025-07-23
Sold Price: $440,000
Sold Date: 2025-08-05
Current Service Providers
Trash Provider: City/Town
Electric Provider: Brunswick Electric
Internet Service Provider(s): Focus Broadband
Sewer Provider: Brunswick County Public Utilities
Water Provider: Brunswick County Public Utilities
Rental Income
Gross Rental Income: 31200
Year Gross Rental Income Collected: 31200
Occupancy Rate: 100
Property Features
Attic: Scuttle
Construction: Wood Frame
Exterior Finish: Brick
Fencing: Back Yard; Partial
Foundation: Brick/Mortar; Crawl Space
Fuel Tank: None
Parking Features: Dirt; Gravel; Off Street
Patio and Porch Features: None
Roof: Architectural Shingle
Lot Description: Corner Lot
Cooling: Heat Pump
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Connected; Water Connected
Water Source: Municipal Water
Sewer: Municipal Sewer
Fireplace: None
Flooring: Vinyl; LVT/LVP
Furnished: Unfurnished
Interior Features: None
Laundry Location: Hookup - Dryer; Hookup - Washer; Laundry Closet
Dining Room Type: Combination
HOA and Neigh Amenities: See Remarks
Terms: Cash; Conventional
Listing Office: Keller Williams Innovate-OKI
Last Updated: August - 05 - 2025
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