
1003 Fifth St Carolina Beach, NC 28428
Estimated payment $6,079/month
Highlights
- No HOA
- Covered Patio or Porch
- Balcony
- Carolina Beach Elementary School Rated A-
- Fenced Yard
- Wood Siding
About This Home
Opportunity knocks with this updated triplex perfectly situated just blocks from the beach, boardwalk, and Carolina Beach Elementary! Sitting on an oversized 1.5-lot parcel, this versatile home offers serious investment potential--ideal for house hacking, short- or long-term rentals, or even owner occupancy.Unit C (ground floor) is impressively spacious, featuring 3 bedrooms plus a bonus room (currently used as a 4th bedroom), 3 full bathrooms, a sunroom, large living and dining areas, walk-in closets, laundry room, and a roomy kitchen. Upstairs, Unit B boasts 2 bedrooms and 2 full bathrooms, a newly renovated kitchen with updated appliances, fresh flooring, and a private laundry area. Unit A offers 1 bedroom, 1 full bath, a large living room, and a generously sized kitchen--fully renovated in 2020.Each unit has access to inviting porches, a large fenced backyard, and ample off-street parking. A new roof with a 10-year warranty was installed in 2020, and there's still plenty of room to grow--add a pool, additional dwelling unit, or even a pickleball court thanks to the oversized lot.Currently operating as professionally managed Airbnb rentals, this property delivers strong cash flow and offers cost segregation tax benefits for savvy investors. Live in one unit and rent the others, or continue operating as a high-performing STR. Preferred lender credits available for qualified buyers. Reach out for more details! Total of 7 bedrooms, 6 bathrooms with over 3,250 sqft. Property comes fully furnished.
Listing Agent
The Domenico Grillo Real Estate Team
Keller Williams Innovate-Wilmington Listed on: 06/30/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,389
Year Built
- Built in 1953
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 75'x100'x73'x100'
- Fenced Yard
- Wood Fence
Home Design
- Triplex
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 6 Bathrooms
- 2-Story Property
- Crawl Space
- Dishwasher
Laundry
- Dryer
- Washer
Parking
- Driveway
- Paved Parking
- On-Site Parking
Outdoor Features
- Balcony
- Covered Patio or Porch
Schools
- Carolina Beach Elementary School
- Murray Middle School
- Ashley High School
Utilities
- Heat Pump System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R09009-017-018-001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2023 | $2,389 | $348,700 | $201,900 | $146,800 |
2022 | $2,336 | $348,700 | $201,900 | $146,800 |
2021 | $2,406 | $348,700 | $201,900 | $146,800 |
2020 | $2,352 | $294,000 | $73,000 | $221,000 |
2019 | $2,352 | $262,700 | $73,000 | $189,700 |
2018 | $0 | $262,700 | $73,000 | $189,700 |
2017 | $2,088 | $262,700 | $73,000 | $189,700 |
2016 | $2,118 | $246,800 | $86,800 | $160,000 |
2015 | $1,997 | $246,800 | $86,800 | $160,000 |
2014 | $1,947 | $246,800 | $86,800 | $160,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/11/2025 07/11/25 | Pending | -- | -- | -- |
06/30/2025 06/30/25 | For Sale | $1,079,000 | +66.0% | -- |
10/13/2021 10/13/21 | Sold | $650,000 | 0.0% | $200 / Sq Ft |
08/15/2021 08/15/21 | Pending | -- | -- | -- |
08/11/2021 08/11/21 | For Sale | $650,000 | +85.7% | $200 / Sq Ft |
09/05/2018 09/05/18 | Sold | $350,000 | 0.0% | $129 / Sq Ft |
08/01/2018 08/01/18 | Pending | -- | -- | -- |
08/01/2018 08/01/18 | For Sale | $350,000 | -- | $129 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $650,000 | None Available | |
Warranty Deed | $350,000 | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Deed | -- | -- | |
Deed | $16,000 | -- | |
Deed | $79,000 | -- | |
Deed | $75,500 | -- | |
Deed | $50,000 | -- | |
Deed | $10,500 | -- | |
Deed | $3,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $520,000 | Purchase Money Mortgage | |
Previous Owner | $300,000 | New Conventional | |
Previous Owner | $297,500 | New Conventional | |
Previous Owner | $50,000 | Credit Line Revolving |
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Source: Hive MLS
MLS Number: 100516461

APN: R09009-017-018-001
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