SELLER FINANCING OPPORTUNITY! Are you looking to start investing in rental property? Maybe you're interested in living in one side of a duplex and renting out the other? Or maybe you're interested in completing your first renovations? This property holds so much opportunity, just needs someone with a little vision and TLC. 3111 Merrill Court is located just minutes from downtown Raleigh and comes with easy access to HWY 40 and other major roadways. Property is currently rented to two long-term tenants, on a month-to-month lease. Rental opportunity ranges from $1,400-$1,600 per month, per side, with some updates needed - current rental rate is lower than marketed. Property offers a 2 bedroom, 1.5 bath, identical layout on each side. Property does come with the opportunity for Seller Financing making this a hard-to-pass deal! Please contact agent for seller financing details.
Sold for $383,000
$383,000
3111 Merrill Ct, Raleigh, NC 27604
2beds
2,280sqft
Duplex, Residential, Multi Family
Built in 1968
-- sqft lot
$397,500 Zestimate®
$168/sqft
$1,800 Estimated rent
Home value
$397,500
$378,000 - $417,000
$1,800/mo
Zestimate® history
Owner options
List your home for rent
$1,800/mo
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$1,800/mo
Rent Zestimate®
Refinance and save
$2,319/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,319/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Marisa Warren Chatman 919-616-8690,
Chatman Realty
Bought with:
Jonathan Smith, 285033
EXP REALTY OF PIEDMONT NC LLC
Source: Doorify MLS,MLS#: 10148162
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Heat Pump, Wood
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Oven, Refrigerator, Washer
- Laundry: In Kitchen
Features
- Flooring: Hardwood, Laminate, Vinyl
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,280
- Total interior livable area: 2,280 sqft
- Finished area above ground: 2,280
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: On Site, Paved, Shared Driveway
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Fenced Yard, Private Yard
- Fencing: Back Yard, Chain Link
- Has view: Yes
Lot
- Size: 0.63 Acres
- Features: Cul-De-Sac, Sloped Down
Details
- Parcel number: 171511753884000 0037696
- Zoning: R-6
- Special conditions: Seller Licensed Real Estate Professional
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex, Residential, Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Brentwood Estates
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $322,578
- Annual tax amount: $2,853
- Date on market: 2/23/2026
- Lease term: Month To Month
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Sold | $383,000-4.3%$168/sqft |
Source:  Doorify MLS #10148162 Report a problem | ||
| 2/28/2026 | Pending sale | $400,000$175/sqft |
Source: Doorify MLS #10148162 Report a problem | ||
| 2/23/2026 | Listed for sale | $400,000+166.7%$175/sqft |
Source: Doorify MLS #10148162 Report a problem | ||
| 3/1/2022 | Sold | $150,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,853 +0.4% | $322,578 |
| 2024 | $2,842 +46.1% | $322,578 +84.5% |
| 2023 | $1,945 +7.5% | $174,808 |
| 2022 | $1,810 +4% | $174,808 |
| 2021 | $1,741 +1.8% | $174,808 |
| 2020 | $1,710 -3% | $174,808 +17.6% |
| 2019 | $1,763 | $148,643 |
| 2018 | $1,763 +11.1% | $148,643 |
| 2017 | $1,586 +2.1% | $148,643 |
| 2016 | $1,554 -3.2% | $148,643 -1.7% |
| 2015 | $1,606 +5.3% | $151,240 |
| 2014 | $1,525 | $151,240 |
| 2013 | -- | $151,240 |
| 2012 | -- | $151,240 |
| 2011 | -- | $151,240 |
| 2010 | -- | $151,240 |
| 2009 | -- | $151,240 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: Northeast Raleigh
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Brentwood ElementaryGrades: PK-5Distance: 0.5 mi
- 2/10Centennial Campus MiddleGrades: 6-8Distance: 6.6 mi
- 4/10Southeast Raleigh HighGrades: 9-12Distance: 5.6 mi
Schools provided by the listing agent
- Elementary: Wake - Brentwood
- Middle: Wake - Centennial Campus
- High: Wake - S E Raleigh
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
$397,500
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
$397,500
- North Carolina
- Wake County
- Raleigh
- 27604
- Northeast Raleigh
- 3111 Merrill Ct
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