404 E Terminal Boulevard, Atlantic Beach, NC 28512

$1,000,000
Property Type: Multi-Family Bedrooms: 6 Baths: 4 Square Footage: 2,160 Lot Size (sq. ft.): 4,879 Status: Active
Current Price: $1,000,000 List Date: 12/31/2025 Last Modified: 12/31/2025

Description

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!

More Information MLS# 100547031

Property Interior Info

ud_i_10: 2

Contract Info

Delayed Marketing?: No Sub-Type: Quadruplex List Price/SqFt: 462.96 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-12-31 Listing Price: 1000000 Current Price: $1,000,000

Location Information

City Limits: Yes Marketing City: Atlantic Beach Secondary Subdivision: N/A Street #: 404 Pre Direction: E Street Name: Terminal Street Suffix: Boulevard County: Carteret State/Province: NC Zip Code: 28512 Subdivision: Atlantic Bch Isles Geo Lat: 34.698858 Geo Lon: -76.732664

Remarks and Showing

Sign on Property: Yes Directions to Property: From Atlantic Beach Causeway turn Left onto E Fort Macon Rd. Turn Right onto Wilson Ave. Then Left onto E Terminal. Property will be on Right

Building Info

New Construction: No

Property Exterior/Interior Info

Lot Acres: 0.11 Lot SqFt: 4879 Lot Dimensions: IRR Waterfront: No Waterview: No Location Type: Island # Baths - Total: 4 # Total Units: 4 Fireplace Y/N: No Owner Occupied: No Property Mgmt Company: Yes Financials Available: Yes

Legal and Taxes

Tax Assessed Value: 0 Deed Book: 1287 Deed Page: 455 Legal: L6 B1 ATLANTIC BEACH ISLES Broker Owner: No PID: 638513133043000 Tax Identifier: 638513133043000 Plat Book: 1 Plat Page: 131 Total Real Estate Property Taxes: 0 Special Assessments: None Tax Year: 2025 Zoning: R HOA: No Cobra Zone: No Federal Flood Ins Avlbl: No Elementary School: Morehead City Elem Middle School: Morehead City High School: West Carteret Year Built: 1960

Garage & Parking

Attached Garage Spaces: 0 Detached Garage Spaces: 0 Total # Garage Spaces: 0 Total Carport Spaces: 0

Parking Features

Dirt: 1 Off Street: 1 On Site: 1

HOA and Neigh Amenities

No Tenant Pets: 1

Frontage Type

See Remarks: 1

View Type

See Remarks: 1

Construction

Block: 1

Exterior Finish

Block: 1 Wood Siding: 1

Terms

Cash: 1 Conventional: 1

Fencing

None: 1

Foundation

Block: 1

Fuel Tank

None: 1

Patio and Porch Features

Covered: 1 Patio: 1 Porch: 1

Roof

Shingle: 1

Levels

Two: 1

Entry Level Information

Entry Level: 1

Road Type/Frontage

Paved: 1 Public (City/Cty/St): 1

Cooling

Central Air: 1

Heating

Floor Furnace: 1 Wall Furnace: 1

Heating System Fuel Source

Electric: 1

Water Heater

Electric: 1

Water Source

Municipal Water: 1

Sewer

Septic Tank: 1

Interior Features

Ceiling Fan(s): 1

Security Features

Smoke Detector(s): 1

Laundry Location

Hookup - Dryer: 1 Hookup - Washer: 1

Dining Room Type

Combination: 1

Side/Unit 1

Total Rooms: 3 # of Bedrooms: 2 Full Baths: 1 Avg SqFt: 720 Furnished: No Rent: 1200 Occupied: Yes

Side/Unit 1 Cooling

Central: 1

Side/Unit 1 Heating

Wall Furnace: 1

Side/Unit 1 Rent Frequency

Monthly: 1

Side/Unit 2

Total Rooms: 4 # of Bedrooms: 2 Full Baths: 1 Avg SqFt: 720 Furnished: No Rent: 1200 Occupied: Yes

Side/Unit 2 Cooling

Central: 1

Side/Unit 2 Heating

Wall Furnace: 1

Side/Unit 2 Rent Frequency

Monthly: 1

Side/Unit 3

Total Rooms: 3 # of Bedrooms: 1 Full Baths: 1 Avg SqFt: 360 Furnished: No Rent: 1000 Occupied: Yes

Side/Unit 3 Cooling

Central: 1

Side/Unit 3 Heating

Wall Furnace: 1 See Remarks: 1

Side/Unit 3 Rent Frequency

Monthly: 1

Side/Unit 4

Total Rooms: 3 # of Bedrooms: 1 Full Baths: 1 Avg SqFt: 360 Furnished: No Rent: 950 Occupied: Yes

Side/Unit 4 Cooling

Central: 1

Side/Unit 4 Heating

Wall Furnace: 1

Side/Unit 4 Rent Frequency

Monthly: 1

Property ExteriorInterior Info

# Bedrooms: 6 SqFt - Heated (Primary): 2160

Property Features

Frontage Type: See Remarks View Type: See Remarks Construction: Block Exterior Finish: Block; Wood Siding Fencing: None Foundation: Block Fuel Tank: None Parking Features: Dirt; Off Street; On Site Patio and Porch Features: Covered; Patio; Porch Roof: Shingle Levels: Two Cooling: Central Air Heating: Floor Furnace; Wall Furnace Heating System Fuel Source: Electric Water Heater: Electric Water Source: Municipal Water Sewer: Septic Tank Interior Features: Ceiling Fan(s) Security Features: Smoke Detector(s) Laundry Location: Hookup - Dryer; Hookup - Washer Dining Room Type: Combination HOA and Neigh Amenities: No Tenant Pets Terms: Cash; Conventional
Listing Office: Linda Rike Real Estate
IDX
Last Updated: December - 31 - 2025
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