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$1,895,000
21 Days On Site

500 Arendell Street
Morehead City, NC 28557

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,969
SqFt
$381
/SqFt
1920
Built
Subdivision:
Not In Subdivision
County:
Carteret
Call Now: 910-408-4250
Is this the listing for you? We can help make it yours.
910-408-4250
500 Arendell Street500 Arendell Street500 Arendell Street500 Arendell Street
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The Historic City House was originally constructed as the Tidewater Power Company in 1920 and was often referred to as the Old Well House. So much charm and beauty through this beautifully renovated building, yet still maintaining so much of the original vintage charm. Downtown Morehead City's newest Airbnb just launched this summer is established and ready for investor to step in at any time with this prime location right by the Waterfront. With 4 beautifully furnished units, there are so many possibilities! THE FLAT is the first level and front entry unit and offers 2 bedrooms, 1.5 baths, full kitchen, and a spacious living area. THE RESIDENCE is the largest unit with 2 large bedrooms, 2 full bathrooms, tons of living space, 12'+ ceilings, laundry room, oversized gourmet Kitchen, and rooftop access. The rooftop has a hot tub, and large space for entertaining with views galore of downtown Morehead City Waterfront, Bogue Sound, Sugarloaf Island, Calico Creek, ICW, and more. THE LOFT offers one spacious bedroom suite with full size kitchen and large living room that has 9'+ ceilings. THE CHAMBER offers a more cozy setting with one bedroom suite and more compact kitchen. Be sure to see photos to appreciate the attention to detail throughout. All units can be connected to create one large residence if desired, units are currently closed off for privacy. Ask agent for current website to see current marketing for existing bed and breakfast. This location is tough to beat and truly is a "turn key investment"!!!

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Listing Snapshot
Price 
$1,895,000
Days On Site 
21 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,969 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1920
MLS Number 
100612016
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoStatus changed to Active
3 weeks agoListing updated with changes from the MLS
3 weeks agoListing first seen on site
General Features
Acres 
0.08
Additional Property Use 
ResidentialSee Remarks
Foundation 
BlockSlab
Garage 
Yes
Parking 
Garage Faces SideGarage Door OpenerOn StreetGarage
Parking Spaces 
2
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
4969
Utilities 
Natural Gas AvailableSewer AvailableElectricity ConnectedUnderground UtilitiesElectricity Available
Water Source 
Public
Zoning 
DB
Interior Features
Cooling 
Central AirHeat Pump
Flooring 
TileWood
Heating 
Heat PumpElectric
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Exterior Features
Construction Details 
BlockConcreteStuccoWood SidingFrame
Lot Features 
Corner Lot
Road Frontage 
City StreetState RoadHighway
Roof 
MembraneFlat
View 
SoundMarinaWater
Waterview 
SoundMarinaWater
Community Features
Financing Terms Available 
1031 ExchangeCashConventional
Roads 
Paved
Listing courtesy of Meredith & Matt Team Johnson of RE/MAX Ocean Properties



The data relating to real estate on this website comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-11-11 09:43 AM UTC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. Copyright 2026 Hive MLS

Neighborhood & Commute
Source: Walkscore
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