For sale

$3,450,000

3605 Burt Dr, Raleigh, NC 27606

24beds

13,800sqft

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Duplex, Multi Family

Built in 2020

-- sqft lot

$3,198,400 Zestimate^®

$250/sqft

$-- HOA

What's special

High-end interior finishes

Evans Place Burt, a purpose-built student housing asset at North Carolina State University in Raleigh, North Carolina. The Property consists of three duplex-style buildings totaling six luxury townhome units and 24 student beds, purposefully designed for the modern student renter with spacious four-bedroom / four-and-a-half-bath floor plans, high-end interior finishes, private bathrooms for each bedroom, and large outdoor living areas. Built in 2020, the Property offers investors a highly efficient, low-maintenance asset with durable construction, strong in-place cash flow, and proven leasing performance. Evans Place Burt is currently 96% pre-leased for the 2026-2027 academic year at average rents of $1,113 per bed.

22 days

849

62

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 30
Full bathrooms: 24
1/2 bathrooms: 6

Heating

None

Cooling

Central Air

Features

Flooring: Vinyl, Plank, Tile

Interior area

Total structure area: 13,800
Total interior livable area: 13,800 sqft
Finished area above ground: 13,800
Finished area below ground: 0

Property

Parking

Total spaces: 12
Parking features: Off Street, Parking Lot
Uncovered spaces: 12

Features

Levels: Two
Stories: 2
Has view: Yes

Lot

Size: 9,147 Square Feet

Details

Parcel number: 079310371478000 0473894
Zoning: R-10
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Vinyl Siding
Roof: Shingle

Condition

New construction: No
Year built: 2020

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Not in a Subdivision

HOA

Has HOA: No

Location

Region: Raleigh

Financial & listing details

Price per square foot: $250/sqft
Tax assessed value: $964,448
Annual tax amount: $8,450
Date on market: 6/3/2026
Lease term: 12 Months

Estimated market value

$3,198,400

$3.04M - $3.36M

$1,542/mo

Price history

Date	Event	Price
6/3/2026	Listed for sale	$3,450,000+945.5%$250/sqft
Source: Doorify MLS #10171367 Report a problem
12/6/2020	Listing removed	$1,900
Source: Zillow Rental Manager Report a problem
10/8/2020	Price change	$1,900-36.7%
Source: Zillow Rental Manager Report a problem
8/27/2020	Price change	$3,000+20.2%
Source: Zillow Rental Manager Report a problem
7/21/2020	Price change	$2,495-21.9%
Source: Zillow Rental Manager Report a problem
6/24/2020	Listed for rent	$3,195+191.8%
Source: Zillow Rental Manager Report a problem
6/5/2020	Sold	$330,000$24/sqft
Source: Public Record Report a problem
9/23/2019	Listing removed	$1,095
Source: Zillow Rental Network Report a problem
7/10/2019	Listed for rent	$1,095
Source: Zillow Rental Network Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,451 +0.4%	$964,448
2024	$8,416 +31.6%	$964,448 +65.5%
2023	$6,393 +7.6%	$582,871
2022	$5,942 +4%	$582,871
2021	$5,711	$582,871 +305%
2020	--	$143,915 -39.1%
2019	$2,779	$236,307

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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