ATTENTION INVESTORS! Rare Duplex offered in Knightdale at an in place Cap Rate of 7.2% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Being offered 100% occupied with below market rents. Perfectly situated in a prime location within walking distance to groceries and restaurants and Knightdale Station Park. Knightdale has hundreds of jobs and good schools but is also just a short drive to downtown Raleigh on Hwy 64 or 540. The current owners have made significant upgrades with over $40K in renovations the last 2 years including a new roof in 2023 and a full gut remodel on unit 313 featuring new kitchen and bathroom cabinets and appliances and flooring. A full basement Encapsulation was done in 2023 as well, with an HVAC air handler upgrade for unit 313. All new windows throughout in 2013. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors. Also it currently has a married 2nd lot that has the potential to be developed or separated and sold, or the whole property could possibly be rezoned with surrounding area to be a mixed commercial and residential development on a trophy piece of land in Knightdale.
Sold for $451,000
$451,000
313 Main St, Knightdale, NC 27545
6beds
2,173sqft
Duplex, Residential
Built in 1964
-- sqft lot
$443,700 Zestimate®
$208/sqft
$1,380 Estimated rent
Home value
$443,700
$422,000 - $466,000
$1,380/mo
Zestimate® history
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Full basement encapsulationNew windowsNew roofFull gut remodel
Zillow last checked:
Listing updated:
Listed by:
Matt Perry 919-818-7016,
Keller Williams Elite Realty
Bought with:
Angie Cole, 254201
LPT Realty LLC
Source: Doorify MLS,MLS#: 10085819
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Electric
Features
- Flooring: Vinyl
- Basement: Crawl Space
Interior area
- Total structure area: 2,173
- Total interior livable area: 2,173 sqft
- Finished area above ground: 2,173
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Porch, Rear Porch
- Has view: Yes
Lot
- Size: 0.83 Acres
Details
- Parcel number: 1754330140
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex, Residential
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Knightdale
- Subdivision: Not in a Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2025 | Sold | $451,000+2.5%$208/sqft |
Source:  Doorify MLS #10085819 Report a problem | ||
| 4/6/2025 | Pending sale | $439,900$202/sqft |
Source: Doorify MLS #10085819 Report a problem | ||
| 3/31/2025 | Listed for sale | $439,900+137.8%$202/sqft |
Source: Doorify MLS #10085819 Report a problem | ||
| 1/2/2014 | Sold | $185,000+54.8%$85/sqft |
Source: Public Record Report a problem | ||
| 11/13/2009 | Sold | $119,500$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,513 +0.4% | $362,915 |
| 2024 | $3,500 +36.8% | $362,915 +59.5% |
| 2023 | $2,558 +3.4% | $227,481 |
| 2022 | $2,473 +4.8% | $227,481 |
| 2021 | $2,360 | $227,481 |
| 2020 | $2,360 +8.8% | $227,481 +22.9% |
| 2019 | $2,169 | $185,038 |
| 2018 | $2,169 +9.9% | $185,038 |
| 2017 | $1,974 +1.4% | $185,038 |
| 2016 | $1,947 +16% | $185,038 +18% |
| 2015 | $1,678 +3.5% | $156,851 |
| 2014 | $1,621 | $156,851 |
| 2013 | -- | $156,851 |
| 2012 | -- | $156,851 |
| 2011 | -- | $156,851 |
| 2010 | -- | $156,851 |
| 2009 | -- | $156,851 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: 27545
Nearby schools
GreatSchools rating
- 7/10Lockhart ElementaryGrades: PK-5Distance: 0.9 mi
- 3/10Neuse River MiddleGrades: 6-8Distance: 2.6 mi
- 3/10Knightdale HighGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Wake - Lockhart
- Middle: Wake - Neuse River
- High: Wake - Knightdale
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
$443,700
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
$443,700
- North Carolina
- Wake County
- Knightdale
- 27545
- 313 Main St
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