Browse All Kill Devil Hills NC Multi-Family Properties for Sale

This Historical Landmark was built on the oceanfront in 1945 and later moved to the current location. Built in the era of architecture typical of Outer Banks style, similar to those built on Millionaire Row, this beauty consists of the main house along with two apartments: former garage-now apartment and former maids quarters-now upstairs studio apartment. This triplex affords each unit with a full kitchen and washer/dryer; water, electric, and internet services are included in current rents. Definitely room to increase rents; see projections in AD. The interior staircase to the maids quarters has been closed off, but can readily be returned to accessibility should one desire. Numerous scenarios present themselves: continue renting as long-term workforce housing, live in the main house and continue renting the other two apartments, keep the studio for one's vacation retreat while renting the other two... One will appreciate the fine craftsmanship of the beautiful woodwork throughout the main home; oh, if those walls could talk, the stories they could tell! Hayman Boulevard offers both ocean beach access (with parking) and sound access (with a few parking spaces), along with a community park. Centrally located in Kill Devil Hills.

418 W Hayman Boulevard, Kill Devil Hills

Listing courtesy of Atlantic Realty.

$549,000

4 Beds ⋅ 4 Baths

Great Investment! Money Maker! This duplex sits on a generous corner lot. Framed by mature trees and a wide sweep of open space, the property immediately gives off a sense of possibilities—part home, part opportunity. Whether you’re an investor seeking reliable income or a homeowner looking to offset your mortgage, this property quietly checks every box. Each unit offers a thoughtfully designed 2-bedroom, 2-bath layout that balances comfort with practicality. Step into the upper unit and you’re greeted by an airy living space that feels both bright and welcoming. The true highlight, though, is the expansive screened porch—an ideal spot for morning coffee, evening unwinding, or hosting friends without ever worrying about the elements. It’s the kind of feature that turns a rental into a retreat, making it especially appealing to long-term tenants or an owner-occupant who values a private outdoor escape. Downstairs, the lower unit has its own charm. A smaller screened porch offers a cozy nook for quiet moments, while the direct access to outdoor space creates a natural extension of the home. There’s room here for a garden, a seating area, or even a small fenced yard—details that renters notice and appreciate. The connection to the ground-level surroundings gives this unit a distinct personality, making it just as desirable in its own way. The large corner lot is more than just a backdrop—it’s an asset. Extra parking potential, and room to expand or enhance, it opens the door to future improvements or increased value over time. Tucked neatly on the property, a storage shed provides practical space for tools, seasonal items, or tenant use, adding yet another layer of convenience. From an investment perspective, the flexibility is where this duplex truly shines. Live in one unit and rent out the other to significantly reduce your monthly expenses, turning homeownership into a more manageable—and even strategic—financial move. Alternatively, rent both units and enjoy a steady stream of income from a property designed to attract and retain tenants. The dual-unit setup is a smart addition to any real estate portfolio. In a market where versatility and value are increasingly rare, this duplex stands out as a property that adapts to your goals. Whether you’re starting your investment journey, expanding it, or simply looking for a home that helps pay for itself, this corner-lot duplex is ready to deliver. Currently generating $49K in steady annual income with projection of $54K! No septic worries-connected to town sewer. All windows replaced 2023 for enhanced energy efficiency and storm resilience. What a bargain!

319 W Ocean Acres Drive, Kill Devil Hills

Listing courtesy of Howard Hanna Outer Banks Realty.

$899,000

4 Beds ⋅ 4 Baths

Rare opportunity to own a Soundfront Duplex in Colington Harbour with great rental history. This gem offers stunning water views, private soundfront dock, and a wealth of community amenities. The 4-bedroom, 2 & 2 half-bath duplex features central HVAC, laminate wood floors, and expansive views from every level. Each side has 2 bedrooms & 1/2 baths. Refrigerator, stove, dishwasher & washer/dryer. With multiple levels of living space and expansive balconies and decks, this duplex offers the ultimate waterfront lifestyle. Don't miss this opportunity to live in a desirable boating community, with all the amenities you need at your doorstep, including a clubhouse, pool, tennis courts, and marina. Residents for a fee can take advantage of the community's pool, tennis courts, clubhouse, and marina, perfect for boating enthusiasts. Updates include: Vinyl Siding 2022-some Upper windows & doors 2022-Electric service both sides, exterior light fixtures, Front deck, Stairs on back, Roof (approximately 2013)

219 Kitty Hawk Bay Drive, Kill Devil Hills

Listing courtesy of Outer Banks Beach Rentals & Sales.

Start Your Search

Kill Devil Hills Multi-Family Real Estate

Our website features the best real estate search for multi-family properties available in Kill Devil Hills and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!