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106 N 9th Street, Morehead City, NC, 28557

6beds
5baths
3,744sqft
$495,000
$132price/sqft
$3,379/moest. monthly cost
$135,160/yrincome needed

About This Home

Rarely available income producing property in great Morehead City location! Over 3600 sq feet consisting of FIVE SEPARATE UNITS each with separate entrances, bedrooms and baths. Three downstairs units/ two upstairs. Good rental history over many years-long time managment in place. All city services. Some recent improvements. Short walk/bike or golf cart ride to downtown Morehead waterfront/ Big Rock Landing/ Carteret Community Theater /restaurants/concerts/Seafood Festival

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

8/10
3/10
West Carteret High SchoolGrades 9-124.3 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction materials: Wood Siding,Wood Frame,See Remarks

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: See Remarks
  • Laundry features: Dryer Hookup,Washer Hookup

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Apt/Suite,Other,See Remarks
  • Flooring: Carpet,Laminate,Tile,Wood
  • Attic: See Remarks

Heating & Cooling

  • Heating features: Space Heater,Electric
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,744
  • Total interior livable area: 3,744 sqft

Property

Details

  • Parcel number: 638619618640000
  • Zoning: OP
  • Special condition: Standard

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Porch
  • Exterior features: See Remarks
  • Fencing: None
  • Has view: Yes
  • View description: See Remarks
  • Waterfront features: None
  • Frontage type: See Remarks
  • Living area range: 3500 - 3999

Lot

  • Lot size: 6,969 sqft
  • Features: Open Lot,Interior Lot,Level,See Remarks
  • Lot size dimensions: 70' x 100'

Parking

  • Parking features: See Remarks,No Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Winter Weather
Lightning
Tsunami

FEMA Declared Disasters in Carteret County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,502$30,024
Home Insurance *$116$1,392
Property Taxes $413$4,956
Electricity $348$4,184
Total$3,379$40,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,851/yr
40% on housing$101,370/yr
45% on housing$90,106/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$132This listing

vs Other Active Listings

Avg $/sqft

ZIP 28557$340
Carteret County$292

vs Homes Sold Last Month

Median $/sqft

ZIP 28557$222
Carteret County$252

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-07Price change$525,000
2026-01-30Listed for sale$563,900

For Sale by Agent

AgentAlan T Leary
BrokerageRE/MAX Ocean Properties

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