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3935 Smith Street #LOT 9

Kitty Hawk, NC 27949
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Bed 3

Bed

Bath 3

Bath

SqFt1,791

Sqft

Excellent investment opportunity just a short walk from the beach! This income-producing property offers two separate rental units with established rental history, making it an ideal addition to an investment portfolio or an excellent option for an owner seeking supplemental rental income. The upper-level unit features three spacious bedrooms and two full bathrooms with a comfortable, well-designed floor plan that appeals to long-term tenants. This unit is currently occupied by a reliable long-term renter paying $2,250 per month, providing immediate, consistent cash flow. The lower-level unit offers a one-bedroom, one-bath layout complete with a living area and kitchenette. It is also long-term tenant occupied for $1250/mo. Together, the property produces $3,500 in monthly rental income wi th both units already leased. Inside, both units are in nice, move-in-ready condition, allowing a new owner to continue collecting rental income without the need for significant interior improvements. The functional layouts, well-maintained interiors, and proximity to the beach make this property attractive to both current and future tenants. The exterior presents an opportunity for value-added improvements. The home will benefit from replacement of the siding, exterior deck, and stairs, providing the next owner with the chance to enhance curb appeal while increasing the property's long-term value. The owner is currently cleaning and improving the yard, further enhancing the outdoor space. Adding to its appeal, the property offers a beach view and is located within an easy walk of the shoreline, allowing tenants to enjoy coastal living without the premium price of direct waterfront ownership. This desirable location supports strong rental demand and long-term investment potential. Whether you're looking to expand your rental portfolio, generate immediate income, or invest in a property with upside potential, this duplex offers an appealing combination of established cash flow, desirable location, and future improvement opportunities. Don't miss the chance to own a versatile coastal investment with steady income and room to add value.

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Detail Ic Property Details

Property Type : Residential

Price : $449,000

AD Id : 88360368

MLS Id : 133546

Beds : 3

Living Area Size : 1,791

Year Built : 1984

County : Dare

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Full Baths: 3
  • Flooring Information

    Carpet, Vinyl
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt Appliances: None Laundry Features: Laundry Room
  • Heating & Cooling

    Has Heating: Yes Heating: Heat Pump Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Heat Pump, Multi Units

  • Building Information

    Year Built: 1984 Building Area Total: 1791 Construction Materials: Wood Siding, Frame Patio And Porch Features: Patio Private Pool: No

  • Lot Information

    Lot Description: Level

    Property Information

    Subdivision: Ted Wood Kh Ter Source Property Type: Residential MLS Area Minor: Kitty Hawk Westside Property SubType: Single Family Residence Property Age: 42

  • Listing Price Information

    Listing Price: $449000

  • Tax Information

    Parcel Number: 987619508190 Tax Year: 2025 Annual Tax: $2052.63

  • Parking Information

    Off Street, Attached

  • Location Information

    Direction: Headed South on Croatan Hwy. Right on Lillian. Left on Smith. House on your left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3710 N Virginia Dare Tr.., Kitty Hawk, NC, 27949 $795,000 3 2 1,017 1,017 SqFt
3712 Hallett Street #LO.., Kitty Hawk, NC, 27949 $615,000 3 2 1,055 1,055 SqFt
3729 Hallett Street #LO.., Kitty Hawk, NC, 27949 $769,000 4 3 2,441 2,441 SqFt
121 Ascension Drive #LO.., Kitty Hawk, NC, 27949 $499,000 3 2 1,253 1,253 SqFt
3736 Hallett Street #LO.., Kitty Hawk, NC, 27949 $950,000 4 3.5 1,596 1,596 SqFt
3505 Bay Drive #LOT 7, Kitty Hawk, NC, 27949 $849,000 4 3 2,028 2,028 SqFt
107 First Flight Run #L.., Kitty Hawk, NC, 27949 $999,000 4 3.5 2,667 2,667 SqFt
407 Da Vinci Lane #LOT 48, Kitty Hawk, NC, 27949 $885,000 3 3.5 2,688 2,688 SqFt
3940 N Virginia Dare Tr.., Kitty Hawk, NC, 27949 $2,399,000 7 7.5 3,472 3,472 SqFt
3929 Shelby Avenue #LOT.., Kitty Hawk, NC, 27949 $399,900 2 1 816 816 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of the Outer Banks Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Outer Banks Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 07/24/2026 @ 23:14

MLS: 133546 LISTED BY: Lynn Bulman, Howard Hanna Outer Banks Realty SOURCE: Outer Banks Association of REALTORS

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