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Sold for $1,000,000
    • $1,000,000

    1612 Boyer St, Raleigh, NC 27610

    8beds
    3,905sqft
    Quadruplex, Multi Family
    Built in 1970
    -- sqft lot
    $999,900 Zestimate®
    $256/sqft
    $1,816 Estimated rent

    Home value

    $999,900

    $950,000 - $1.05M

    $1,816/mo

    Zestimate® history
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    What's special

    1612-1618 Boyer Street presents an investor-ready quadplex portfolio in one of Raleigh's fastest-growing corridors, surrounded by new residential and commercial development. This property features four updated 2-bedroom, 1-bathroom units, each equipped with in-unit washer and dryer, modern finishes, and dedicated parking with additional side parking for tenants and guests. All units underwent major updates in 2020, and 1618 and 1616 Boyer received further renovations in 2025, allowing for an immediate $250 per-unit rent increase. To prepare the property for its next owner, two units were strategically bought out to complete these improvements, ensuring a seamless handoff to the next investor. One of those units is now being re-leased at the new higher rent, validating the area's strong rental growth and setting the stage for top-market performance. Just behind the property sits 15 Fisher Street, a triplex that can be purchased together with Boyer to form a 7-unit portfolio with a combined pro forma NOI of approximately $120,000 per year. 15 Fisher must be a cash purchase but can be negotiated into the overall acquisition price, offering buyers a rare multi-property opportunity in a thriving, high-demand area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalie Pearse 919-839-3131,

    United Real Estate Triangle

    Bought with:

    Evilia Enid Rivera, 344003

    Davis Real Estate Services

    Source: Doorify MLS,MLS#: 10136261MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Heat Pump
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Electric Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer, Water Heater
    • Laundry: In Unit
    Features
    • Bathtub/Shower Combination, High Ceilings, Kitchen/Dining Room Combination, Open Floorplan, Quartz Counters, Smooth Ceilings
    • Flooring: Hardwood, Vinyl
    • Windows: Blinds
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,905
    • Total interior livable area: 3,905 sqft
    • Finished area above ground: 3,905
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Additional Parking, Attached, Concrete, On Site
    • Has attached garage: Yes
    • Uncovered spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch
    • Exterior features: Awning(s), Fenced Yard, Private Yard, Rain Gutters
    • Fencing: Back Yard, Wood
    • Has view: Yes
    Lot
    • Size: 9,147 Square Feet
    • Features: Back Yard, Cleared, Few Trees, Landscaped, Near Public Transit
    Details
    • Parcel number: 1713.06491324 0013583
    • Zoning: RX-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Aluminum Siding, Vertical Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Playground
    • Subdivision: Collage Park
    HOA
    • Has HOA: No
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $256/sqft
    • Tax assessed value: $737,400
    • Annual tax amount: $6,510
    • Date on market: 12/6/2025
    • Lease term: Month To Month
    • Road surface type: Concrete, Paved

    Price history

    DateEventPrice
    3/23/2026Sold$1,000,000-16.7%$256/sqft
    Source: Doorify MLS #10136261 Report a problem
    3/9/2026Pending sale$1,200,000$307/sqft
    Source: Doorify MLS #10136261 Report a problem
    12/7/2025Listed for sale$1,200,000$307/sqft
    Source: Doorify MLS #10136261 Report a problem
    1/26/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/23/2024Listed for rent$1,450+9.4%
    Source: Zillow Rentals Report a problem
    4/22/2022Listing removed--
    Source: Zillow Rental Network Premium_1 Report a problem
    4/19/2022Listed for rent$1,325+2.3%
    Source: Zillow Rental Network Premium_1 Report a problem
    2/22/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/10/2021Price change$1,295-0.4%
    Source: Zillow Rental Manager Report a problem
    2/2/2021Price change$1,300-1.9%
    Source: Zillow Rental Manager Report a problem
    1/18/2021Price change$1,325-3.6%
    Source: Zillow Rental Manager Report a problem
    1/12/2021Listed for rent$1,375+3.8%
    Source: Zillow Rental Manager Report a problem
    8/8/2019Listing removed$1,325
    Source: Just In Time #2268740 Report a problem
    7/31/2019Price change$1,325-1.9%
    Source: Just In Time #2268740 Report a problem
    7/25/2019Listed for rent$1,350
    Source: Just In Time #2268740 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,511 +0.4%$737,400
    2024$6,484 +19.5%$737,400 +50.3%
    2023$5,427 +7.5%$490,554
    2022$5,047 +4%$490,554
    2021$4,853 +1.8%$490,554
    2020$4,766 +134.2%$490,554 +190.8%
    2019$2,035 $168,697
    2018$2,035 +10.9%$168,697
    2017$1,835 +2%$168,697
    2016$1,799 -5.2%$168,697 -3.9%
    2015$1,898 +5.2%$175,592
    2014$1,804 $175,592
    2013-- $175,592
    2012-- $175,592
    2011-- $175,592
    2010-- $175,592
    2009-- $175,592
    2008-- --
    2007-- --
    2006-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: North Central

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Powell
    • Middle: Wake - Ligon
    • High: Wake - Broughton

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $999,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $999,900

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