$1,000,000

404 E Terminal Blvd Atlantic Beach, NC 28512

Estimated payment $5,350/month

Total Views 47
6 Beds
4 Baths
2,160 Sq Ft
$463 Price per Sq Ft

Highlights

  • Ceiling Fan
  • Wood Siding
  • Heating Available
  • Morehead City Primary School Rated A-

About This Home

Discover a rare investment opportunity in the heart of Atlantic Beach with this quadplex, located just a short distance from public beach access at the end of Wilson Avenue. This well-maintained property offers four individual units—perfect for investors seeking reliable income or for buyers interested in living in one unit while renting the others.
The front building features two spacious 2-bed/1-bath units with open-concept living areas and in-unit laundry. The rear building includes two 1-bed/1-bath units: the lower unit has an efficient studio-style layout, while the upper unit offers a covered deck. Each unit is thoughtfully arranged for comfort, with ceiling fans, durable finishes, and practical layouts suited for both short-term and long-term rentals.
Built on a manageable lot, the property includes two covered porches, a front deck, and convenient on-site parking. Shared laundry is located at the rear of the building. The location is ideal—only moments from the sand and surf, and close to restaurants, shops, and all the coastal charm Atlantic Beach is known for. Whether expanding your portfolio or seeking a smart coastal investment, this property is ready to perform. Don't miss this opportunity to Just Add Water to Your Lifestyle!

Listing Agent

Kelinda & Linda Rike

Linda Rike Real Estate License #280656/108865 Listed on: 12/31/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Home Design

  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Washer and Dryer Hookup

Schools

  • Morehead City Elementary School
  • West Carteret High School

Utilities

  • Heating Available
  • Electric Water Heater

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Road Frontage Type: See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer

Exterior Features

  • Exterior Finish: Block, Wood Siding
  • Fencing: None
  • Roof: Shingle

Utilities

  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric
  • Water Source: Public

Lot Info

  • Deed Book: 1287
  • Deed Page: 455.00
  • Zoning: R

Tax Info

  • Tax Year: 2025

MLS Schools

  • Elementary School: Morehead City Elem
  • High School: West Carteret

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $1,512 $628,569 $275,324 $353,245
2024 $974 $257,504 $125,180 $132,324
2023 $891 $257,504 $125,180 $132,324
2022 $865 $257,504 $125,180 $132,324
2021 $515 $257,504 $125,180 $132,324
2020 $865 $257,504 $125,180 $132,324
2019 $614 $193,330 $73,287 $120,043
2017 $614 $193,330 $73,287 $120,043
2016 $614 $193,330 $73,287 $120,043
2015 $595 $193,330 $73,287 $120,043
2014 -- $235,940 $105,938 $130,002
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2025 12/31/25 For Sale $1,000,000 +66.7% $463 / Sq Ft
08/18/2021 08/18/21 Sold $600,000 0.0% $706 / Sq Ft View Prior Sale
07/30/2021 07/30/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $600,000 +160.9% $706 / Sq Ft
11/10/2015 11/10/15 Sold $230,000 0.0% $263 / Sq Ft View Prior Sale
08/31/2015 08/31/15 Pending -- -- --
08/16/2015 08/16/15 For Sale $229,900 +21.0% $262 / Sq Ft
05/31/2013 05/31/13 Sold $190,000 -5.0% $217 / Sq Ft View Prior Sale
04/09/2013 04/09/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $199,900 -- $228 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $600,000 None Listed On Document
Warranty Deed $600,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Hive MLS

MLS Number: 100547031

Hive MLS

APN: 6385.13.13.3043000