Date
Details
Price
Change
Source
6/23/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/22
$1,200,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/22
Property Description
**4 UNITS! WATERWAY VIEWS! ESTABLISHED RENTAL HISTORY!** Rare opportunity to own four income-producing units on Oak Island with Intracoastal Waterway and marsh views. This unique offering consists of two separate parcels, each improved with a duplex, for a total of four rental units. **(This listing includes 518 Norton Dr and 516 Norton Dr. 516 Norton Dr, Lot 9, PID 250CG04401.)** Each unit has an established rental history, providing immediate income potential and making this an attractive addition to an investment portfolio. Whether you're looking to continue operating all four units as rentals, create a family compound, occupy one unit while generating income from the others, or explore future redevelopment opportunities, the possibilities are extensive with this versatile Oak Island property. Perfectly positioned to take advantage of coastal living, residents enjoy beautiful Intracoastal Waterway and marsh views from the shared courtyard and viewing deck. Public beach access is nearby, offering the best of both worlds--easy access to the beach and the relaxing scenery of the waterway. The property has benefited from ongoing ownership improvements over the years, including new roofs on both buildings, while maintaining the character and charm that make Oak Island such a sought-after coastal destination. Conveniently located near local restaurants, shopping, and area attractions, you'll also be just minutes from the historic waterfront town of Southport, known for its boutique shopping, waterfront dining, and coastal charm. Conveniently situated between Wilmington, NC and Myrtle Beach, SC, owners enjoy easy access to airports, entertainment, healthcare, and everything the Carolina coast has to offer. Whether you're searching for a proven investment property, a long-term hold in a highly desirable beach market, a multi-generational retreat, or a property with future upside potential, this unique offering delivers location, flexibility, water views, and opportunity in one of North Carolina's most desirable coastal communities.
Full Property Details
Full Property Details for 518 Norton St
General
- Price: $1,200,000
- Taxes: (2025)
- Status: Active
- Type: Multi-Family
- Source: 2253
- MLS ID: 100583677
- Updated: 6/23/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: None
- Appliances: Refrigerator, Range
- Furnishings: Unfurnished
- Flooring: LVT/LVP, Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup
Exterior
- Porch/Patio/Deck: Screened
Parking
- Parking Features: Gravel, Unpaved, Off Street, On Site
Location
- County: Brunswick
- Subdivision: Yaupon Beach
- Driving Directions: Travel West on Oak Island Drive, turn right on Norton Street, property on right.
School Information
- High School District: Brunswick County Schools
- Elementary School: Southport
- Middle School: South Brunswick
- High School: South Brunswick
Community
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Connected, Water Connected
Structural Information
- Structure Type: Wood Frame
- Construction: Wood Siding, Wood Frame
- Basement Desc.: None
- Roof: Architectural Shingle
- Square Feet: 3,024
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,636
- Lot Dimensions: 122 x 149 x 82 x 133
- Frontage: Maintained, City Street, State Road, Paved, Paved
- Zoning: Ok-R-9
- Fencing (Description): None
Green Features
- Building Certification: None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $396.83
- Assessment Amount: $362,130
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: L-9 B2Bb Yaupon Plat 36/201 L-10 B2Bb Yaupon Plat 36/201
- Property ID: 250cg04401
- Block: 201
- Lot Number: 9 & 10
Listed by Northrop Realty, Carolina Coastal Group and Northrop Realty, Devin B. Tickle
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 518 Norton St —
Carolina Coastal Group
Northrop Realty
Devin B. Tickle
Northrop Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 518 Norton St
School District:Brunswick County Schools
| Name | Grades | Distance |
|---|---|---|
Southport Elementary 701 West 9th Street, Southport, NC 28461 | K-5 | 2.8 mi |
South Brunswick Middle 100 Cougar Road, Southport, NC 28461 | 6-8 | 6.9 mi |
South Brunswick High 280 Cougar Road, Southport, NC 28461 | 9-12 | 7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 518 Norton St
Tax History
Tax History for 518 Norton St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,218
-14%
$318,940
—
2024
$1,418
40%
$318,940
94%
2021
$1,012
-3%
$164,190
—
2022
$1,042
6%
$164,190
—
2020
$987
—
$164,190
—
2019
$987
-15%
$164,190
-17%
2017
$1,165
2%
$198,150
—
2015
$1,140
-7%
$198,150
-15%
2014
$1,227
—
$233,480
—
2013
$1,227
—
$233,480
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 518 Norton St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
518 Norton Street, Oak Island, NC 28465 (MLS# 100583677) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 518 Norton Street is currently listed for $1,200,000 and was received on June 23, 2026. Want to learn more about 518 Norton Street? Do you have questions about finding other Multi-Family real estate for sale in Oak Island? You can browse all Oak Island real estate or contact a Coldwell Banker agent to request more information.