1 month on rocket

409 Monroe Ave, Carolina Beach, NC, 28428

$860,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Baths
3,072 SqFt
$280/SqFt
Multi

Location

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409 Monroe Ave, Carolina Beach$860,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street
Year Built1966
HeatingBaseboard
CoolingWall/Window Unit(s)
WaterfrontNone
FireplaceNone
MLS #100467909
Lot Size0.11 Acres
StatusActive

About 409 Monroe Ave

Incredibly rare opportunity to buy an updated, clean and turnkey income producing triplex in the heart of Carolina Beach! Don't miss your chance to invest in this beautiful property only 3 blocks from restaurants, entertainment and our famous boardwalk. Live in one and rent the other two or rent all three to instantly build your real estate portfolio. Short-term and long-term rentals allowed with no HOA. On the main floor, you will find two 2 bedroom units with separate, private entrances and upstairs you will find a spacious 3 bedroom unit with an impressive dining room and kitchen. All three units come fully furnished and ready to be rented. Must see in person. Don't sleep on this one!

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Stories: 2
  • Living Area: 3,072 SqFt

Listing Office:

  • Office Name: Beach Brokers Real Estate LLC

Interior Features

Interior Information:

  • Appliances: Refrigerator, Electric Oven, Electric Stove
  • Basement: No
  • Flooring Type: Carpet, Tile, LVT/LVP
  • Interior: Blinds/Shades, Furnished, Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Virtual/3D Tour

  • 3D Tour: 409 Monroe Ave
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Proceed over the bridge. Turn right onto Florence. Turn left onto N 4th. Turn right onto Monroe.

Price Information

Listing Price Info

Price Summary:

  • List Price: $860,000
  • Price Per SqFt: $280/SqFt

Tax Information:

  • Annual Amount: $1,974
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Carolina Beach, NC.

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Carolina Beach, NC

City

Med. Sold Price

$614.1K

Med. Price/SqFt

$469

Avg. Days On Market

87

# of Sold Homes

28

409 Monroe Ave vs Carolina Beach

52 DAYS ON ROCKET

-35 Days

$860,000

+$245.8K More

$280/SqFt

-$190 Less

KEY TAKEAWAY

This property is $245.8K more than the Median Sold Price and $190/SqFt less than other homes in Carolina Beach, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100467909

Listing Office:

  • Office Name: Beach Brokers Real Estate LLC

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 11, 2019Home Sold
$385,000
Jul 08, 2005Home Sold
$275,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,974$246,800
2019$1,925$246,800
2018$1,925$246,800
2017$1,767$246,800

History based on county public records data.

Payment Calculator

$4,360

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,645

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-419494
7
/10

  • Carolina Beach Elementary School

  • 400 Fourth St S

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-419495
6
/10

  • Edwin A Anderson Elementary School

  • 455 Halyburton Memorial Pkwy

  • 4.39 miles

  • Public District Grades KG-5

school-card-donut-419496
8
/10

  • Heyward C Bellamy Elementary School

  • 70 Sanders Rd

  • 6.03 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,667. Typical income of Carolina Beach, NC residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›New Hanover County›Carolina Beach›28428›409 Monroe Ave

This home is located at 409 Monroe Ave in Carolina Beach, NC and zip code 28428. This 3,072 square foot home, which was built in 1966, sits on a 0.11 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $860,000.

In October 2024, from all listings sold in Carolina Beach, NC there were more than 2 sold above asking price, over 24 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Carolina Beach, NC between September 2024 and October 2024 increased by 12.4%. In October 2024 median list price was $614,166 and the average listing age was 87 days.

From Rocket Homes Real Estate and based on county public records data.

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