Fantastic investment opportunity in highly sought after Fairview Acres in close proximity to NC State. Cash flowing, stabilized property with leases in place through 6/30/2026. Single lease in effect - Not individual. 7/1/24 - 6/30/25 Lease at $4,000/month. 7/1/25 - 6/30/26 Lease at $4,450/month. Gorgeous open floorplan with finishes that are rarely seen at this price point. Fully updated kitchen with Samsung appliances, new cabinets, granite countertops, eat-in kitchen bar with waterfall edge. New bathroom upgrades include double vanity cabinets, walk-in shower, tiled floor/shower, and anti-fog backlit mirrors. Additional improvements include New Roof, refinished hardwood floors, new driveway and privacy fencing. Finished daylight basement, with separate entrance from main house, offers additional flex space and laundry room. Property is located on a spacious 0.47 acre lot within the Raleigh Frequent Transit area. Please refer to City of Raleigh UDO for guidelines, but potential to increase revenue by adding ADUs. Covered carport with Storage. Detached shed on property offers additional storage, but is not in habitable condition. Appliances and Washer/Dryer convey. This investment property is As-Is and ready to go! Buyers & Buyers Agents, please reach out to Listing Agent for all property disclosures, financials, and full list of upgrades.
Sold for $525,000
Street View
$525,000
360 Wilmot Dr, Raleigh, NC 27606
5beds
2,016sqft
Single Family Residence, Multi Family
Built in 1956
-- sqft lot
$513,300 Zestimate®
$260/sqft
$1,621 Estimated rent
Home value
$513,300
$483,000 - $544,000
$1,621/mo
Zestimate® history
Owner options
List your home for rent
$1,621/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,621/mo
Rent Zestimate®
Refinance and save
$3,102/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,102/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Finished daylight basementRefinished hardwood floorsNew drivewayWalk-in showerAnti-fog backlit mirrorsOpen floorplanGranite countertops
Zillow last checked:
Listing updated:
Listed by:
Ben Davis 919-356-6881,
DAVIS REALTY AND DEVELOPMENT C,
Elizabeth Ann Jordan 919-308-2337,
DAVIS REALTY AND DEVELOPMENT C
Bought with:
Eric Alexander, 246536
Choice Residential Real Estate
Source: Doorify MLS,MLS#: 10068320
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: In Basement, Laundry Room
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Master Downstairs, Recessed Lighting, Smart Thermostat, Storage, Walk-In Closet(s), Walk-In Shower
- Flooring: Hardwood, Tile, Wood
- Windows: Screens, Wood Frames
- Basement: Crawl Space, Daylight, Exterior Entry, Finished, Partial, Sump Pump, Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
- Finished area above ground: 1,587
- Finished area below ground: 429
Property
Parking
- Total spaces: 3
- Parking features: Attached, Carport, Driveway, Paved
- Has attached garage: Yes
- Carport spaces: 1
- Uncovered spaces: 2
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck, Front Porch, Patio
- Exterior features: Rain Gutters, Smart Lock(s), Storage
- Fencing: Partial
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.47 Acres
Details
- Additional structures: Outbuilding, Shed(s), Storage, Workshop
- Parcel number: 0783075703
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Multi Family
Materials
- Brick, Fiber Cement, Frame
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: Fairview Acres
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2025 | Sold | $525,000-1.9%$260/sqft |
Source:  Doorify MLS #10068320 Report a problem | ||
| 1/7/2025 | Pending sale | $535,000$265/sqft |
Source: Doorify MLS #10068320 Report a problem | ||
| 12/26/2024 | Listed for sale | $535,000+66.4%$265/sqft |
Source: Doorify MLS #10068320 Report a problem | ||
| 4/12/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/6/2024 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2023 | Sold | $321,500+7.5%$159/sqft |
Source: Doorify MLS #2523776 Report a problem | ||
| 7/31/2023 | Contingent | $299,000$148/sqft |
Source: Doorify MLS #2523776 Report a problem | ||
| 7/27/2023 | Listed for sale | $299,000$148/sqft |
Source: Doorify MLS #2523776 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,962 +0.4% | $442,509 +31.2% |
| 2024 | $2,950 +12.2% | $337,333 +41% |
| 2023 | $2,628 +7.6% | $239,270 |
| 2022 | $2,443 +4% | $239,270 |
| 2021 | $2,348 +1.8% | $239,270 |
| 2020 | $2,306 +7.8% | $239,270 +30.9% |
| 2019 | $2,138 | $182,741 |
| 2018 | $2,138 | $182,741 |
| 2017 | -- | $182,741 |
| 2016 | -- | $182,741 +6.8% |
| 2015 | -- | $171,097 |
| 2014 | -- | $171,097 |
| 2013 | -- | $171,097 |
| 2012 | -- | $171,097 |
| 2011 | -- | $171,097 |
| 2010 | -- | $171,097 |
| 2009 | -- | $171,097 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: West Raleigh
Nearby schools
GreatSchools rating
- 8/10Farmington Woods ElementaryGrades: PK-5Distance: 2.9 mi
- 7/10Martin MiddleGrades: 6-8Distance: 3.4 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Wake - Farmington Woods
- Middle: Wake - Martin
- High: Wake - Athens Dr
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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
$513,300
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
$513,300
- North Carolina
- Wake County
- Raleigh
- 27606
- West Raleigh
- 360 Wilmot Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Raleigh Topics
