409 Monroe Ave Carolina Beach, NC 28428
Estimated payment $4,592/month
Highlights
- Fenced Yard
- Balcony
- Baseboard Heating
- Carolina Beach Elementary School Rated A-
- Ceiling Fan
About This Home
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 fully furnished 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. Enjoy the benefits of three investments in one closing with only one insurance bill and one tax bill. Maintenance is a breeze with all three under one roof! Plenty of off street parking and a large backyard. 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
Home Type
- Multi-Family
Est. Annual Taxes
- $2,352
Year Built
- Built in 1966
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x100x50x100
- Fenced Yard
Parking
- Off-Street Parking
Home Design
- Triplex
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Bathrooms
- 2-Story Property
- Ceiling Fan
- Partial Basement
Outdoor Features
- Balcony
Schools
- Carolina Beach Elementary School
- Murray Middle School
- Ashley High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number R09006-014-015-000
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 |
|---|---|---|---|---|
| 2024 | $2,352 | $343,300 | $172,300 | $171,000 |
| 2023 | $2,280 | $342,800 | $172,300 | $170,500 |
| 2022 | $2,297 | $342,800 | $172,300 | $170,500 |
| 2021 | $2,365 | $342,800 | $172,300 | $170,500 |
| 2020 | $1,974 | $246,800 | $72,800 | $174,000 |
| 2019 | $1,974 | $246,800 | $72,800 | $174,000 |
| 2018 | $1,925 | $246,800 | $72,800 | $174,000 |
| 2017 | $1,962 | $246,800 | $72,800 | $174,000 |
| 2016 | $1,767 | $205,900 | $78,000 | $127,900 |
| 2015 | $1,666 | $205,900 | $78,000 | $127,900 |
| 2014 | $1,625 | $205,900 | $78,000 | $127,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $825,000 | -2.8% | -- |
| 05/30/2025 05/30/25 | Price Changed | $849,000 | -1.3% | -- |
| 04/23/2025 04/23/25 | For Sale | $860,000 | +7.9% | -- |
| 07/18/2023 07/18/23 | Sold | $797,000 | -0.4% | $322 / Sq Ft |
| 06/06/2023 06/06/23 | Pending | -- | -- | -- |
| 06/02/2023 06/02/23 | For Sale | $800,000 | +107.8% | $323 / Sq Ft |
| 06/10/2019 06/10/19 | Sold | $385,000 | 0.0% | $155 / Sq Ft |
| 05/17/2019 05/17/19 | Pending | -- | -- | -- |
| 05/14/2019 05/14/19 | For Sale | $385,000 | -- | $155 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $797,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $385,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | $83,500 | -- | |
| Deed | $60,000 | -- | |
| Deed | $37,000 | -- | |
| Deed | $65,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $589,500 | New Conventional | |
| Previous Owner | $287,000 | New Conventional | |
| Previous Owner | $257,600 | Unknown |
Source: Hive MLS
MLS Number: 100503107
APN: R09006-014-015-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. 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 Homesnap, Inc. 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. ©2025 Hive MLS LLC
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