$1,200,000

8 bd · 4 ba

518 Norton Street

Oak Island, NC, 28465 · Yaupon Beach

Listed 91 days ago

Listed by Northrop Realty

About this home

**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.

Facts

Type: Quadruplex
Year built: 1973
Lot: 0.34 acres
Community: Yaupon Beach
County: Brunswick
MLS #: 100583677

Features

Inside

None
LVT/LVP
Carpet
Refrigerator
Range

Outside

ICW
Marsh
Water

Parking

Gravel
Unpaved
Off Street
On Site

Heating & cooling

Electric
Heat Pump
Central Air

Schools

Elementary: Southport
Middle: South Brunswick
High: South Brunswick

As listed in the MLS (Brunswick County Schools). School assignments can change — confirm with the district for this address.

About 518 Norton Street

518 Norton Street is a 8-bedroom, 4-bath home, built in 1973, on 0.34 acres in Yaupon Beach, Oak Island, Brunswick County, NC 28465.

7 other homes are for sale in Yaupon Beach right now (median asking $1,175,000); 25 homes sold there in the last 12 months at a median of $675,000, typically in about 75 days.

Across ZIP 28465, 1 8-bedroom home sold in the past year at a median of $2,580,700.

It has been on the market for 92 days.

Yaupon Beach neighborhood guide Homes for sale in Oak Island Brunswick County homes

Buying 518 Norton Street

See it in person. Pick a time and we'll call to confirm — often same day.
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Questions about 518 Norton Street

How much is 518 Norton Street?

518 Norton Street is listed at $1,200,000 as of September 23, 2026. Status: for sale.

How many bedrooms and bathrooms does 518 Norton Street have?

8 bedrooms and 4 bathrooms.

What neighborhood is 518 Norton Street in?

Yaupon Beach, in Oak Island, Brunswick County, North Carolina.

How long has 518 Norton Street been on the market?

92 days. Homes in Yaupon Beach sold after a median of 75 days over the past year.

What have homes sold for in Yaupon Beach?

25 homes sold in Yaupon Beach in the last 12 months, at a median price of $675,000.

When was 518 Norton Street built?

1973.

Who is the listing broker for 518 Norton Street?

Northrop Realty (MLS #100583677). The Buddy Blake Team can show it to you and answer questions.

Can I tour 518 Norton Street?

Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.