Investor Opportunity or Owner-Occupant Dream! This well-maintained duplex offers the flexibility to fit multiple lifestyles. The 2-bedroom unit is already leased at $1,600/month through July 15, 2027, providing immediate, reliable rental income from day one. The 3-bedroom unit is currently vacant, making it ideal for an owner looking to live in one unit while the rental income helps offset the mortgage, taxes, and insurance—or for an investor seeking to lease the second unit at market rent to maximize cash flow. Located on Atlantic Avenue in Raleigh, the property offers convenient access to shopping, dining, major roadways, employment centers, and everyday amenities. With strong rental demand and the rare combination of immediate income plus owner-occupancy potential, this property is an excellent opportunity for investors, first-time buyers, or anyone looking to build wealth through real estate while enjoying the benefits of rental income.
For sale
Price cut: $14K (7/22)
$510,000
3408 Atlantic Ave, Raleigh, NC 27604
5beds
2,344sqft
Duplex
Built in 1968
-- sqft lot
$500,800 Zestimate®
$218/sqft
$-- HOA
What's special
- 122 days
- 467
- 43
Zillow last checked:
Listing updated:
Listed by:
Brandon Williams 919-602-1437,
EXP Realty LLC
Source: Doorify MLS,MLS#: 10168294
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 174.93 Square Feet
- Dimensions: 14.7 x 11.9
Primary bedroom
- Level: First
- Area: 172.5 Square Feet
- Dimensions: 15.0 x 11.5
Bedroom 2
- Level: Second
- Area: 112.13 Square Feet
- Dimensions: 11.5 x 9.75
Bedroom 3
- Level: Second
- Area: 149.16 Square Feet
- Dimensions: 11.3 x 13.2
Bedroom 5
- Level: First
- Area: 142.98 Square Feet
- Dimensions: 13.3 x 10.75
Primary bathroom
- Level: Second
Primary bathroom
- Level: First
Dining room
- Level: First
- Area: 110.88 Square Feet
- Dimensions: 9.9 x 11.2
Other
- Level: Second
- Area: 44.56 Square Feet
- Dimensions: 7.75 x 5.75
Other
- Level: First
- Area: 41.13 Square Feet
- Dimensions: 11.75 x 3.5
Kitchen
- Level: First
- Area: 57.81 Square Feet
- Dimensions: 6.25 x 9.25
Kitchen
- Level: First
- Area: 108 Square Feet
- Dimensions: 12.0 x 9.0
Living room
- Level: First
- Area: 200.58 Square Feet
- Dimensions: 17.75 x 11.3
Heating
- Central
Cooling
- Central Air, Heat Pump, Multi Units
Appliances
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
Features
- Ceiling Fan(s), Dining L, Bathtub/Shower Combination
- Flooring: Luxury Vinyl
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,344
- Total interior livable area: 2,344 sqft
- Finished area above ground: 2,344
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Open
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: Front Door
- Patio & porch: None
Lot
- Size: 0.33 Acres
- Features: Back Yard
Details
- Additional structures: None
- Parcel number: 171512766934000 0031173
- Zoning: R-6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick Veneer, Masonite
- Foundation: Slab, Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Brentwood Estates
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $218/sqft
- Tax assessed value: $298,683
- Annual tax amount: $2,644
- Date on market: 5/19/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,FHA,VA Loan
- Road surface type: Concrete
Estimated market value
$500,800
$476,000 - $526,000
$1,558/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $510,000-2.7%$218/sqft |
Source:  Doorify MLS #10168294 Report a problem | ||
| 6/10/2026 | Price change | $524,000-4.6%$224/sqft |
Source: Doorify MLS #10168294 Report a problem | ||
| 5/19/2026 | Listed for sale | $549,000+399.1%$234/sqft |
Source: Doorify MLS #10168294 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/15/2018 | Listing removed | $800 |
Source: Owner Report a problem | ||
| 7/13/2018 | Listed for rent | $800 |
Source: Owner Report a problem | ||
| 9/15/2014 | Sold | $110,000-20%$47/sqft |
Source: Public Record Report a problem | ||
| 6/2/1998 | Sold | $137,500$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,645 +0.4% | $298,683 |
| 2024 | $2,634 +44.8% | $298,683 +82.9% |
| 2023 | $1,820 +7.5% | $163,262 |
| 2022 | $1,693 +4% | $163,262 |
| 2021 | $1,629 +1.8% | $163,262 |
| 2020 | $1,599 -6.1% | $163,262 +13.7% |
| 2019 | $1,704 | $143,575 |
| 2018 | $1,704 +11.1% | $143,575 |
| 2017 | $1,534 +2.1% | $143,575 |
| 2016 | $1,503 -3.4% | $143,575 -1.9% |
| 2015 | $1,555 | $146,315 |
| 2014 | -- | $146,315 |
| 2013 | -- | $146,315 |
| 2012 | -- | $146,315 |
| 2011 | -- | $146,315 |
| 2010 | -- | $146,315 |
| 2009 | -- | $146,315 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Northeast Raleigh
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - Brentwood Elementary
- Middle: Wake - Centennial Campus Middle
- High: Wake - Southeast Raleigh High
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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