Prime rental investment opportunity in a proven West Raleigh corridor. Located just minutes from North Carolina State University and Meredith College, this property benefits from consistent year-round rental demand driven by two major campuses.
The property is a brick duplex consisting of two mirrored layout units, each offering 4 bedrooms and 2 bathrooms, and back porches. Both units include washer/dryer and appliances. The layout is well-suited for student or shared housing, supporting strong occupancy and stable income potential.
The home features paved and spacious parking with ample room for tenant parking. The property has a long, proven rental history with little to no vacancy over the past several decades. The property is being sold as-is with no repairs. Buyer to verify potential subdivision or other development possibilities.
Please Note: Seller reserves the right to show the interior of the property until a written offer is delivered. Photos may be supplied in the meantime upon request.
Sold for $560,000
$560,000
4111 Reavis Rd, Raleigh, NC 27606
8beds
4baths
2,509sqft
Single Family Residence
Built in 1951
0.26 Acres Lot
$570,000 Zestimate®
$223/sqft
$4,509 Estimated rent
Home value
$570,000
$542,000 - $599,000
$4,509/mo
Zestimate® history
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$4,509/mo
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$3,361/mo
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$3,361/mo
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Zillow last checked:
Source: National Land Realty
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Has basement: No
Interior area
- Total structure area: 2,509
- Total interior livable area: 2,509 sqft
Property
Lot
- Size: 0.26 Acres
Details
- Parcel number: 0794004832
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1951
Community & HOA
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $223/sqft
- Tax assessed value: $492,669
- Annual tax amount: $4,337
- Date on market: 3/5/2026
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Sold | $560,000-5.9%$223/sqft |
Source: Public Record Report a problem | ||
| 5/15/2026 | Pending sale | $595,000$237/sqft |
Source: National Land Realty Report a problem | ||
| 5/8/2026 | Contingent | $595,000$237/sqft |
Source: My State MLS #11665606 Report a problem | ||
| 3/3/2026 | Listed for sale | $595,000+194.6%$237/sqft |
Source: National Land Realty Report a problem | ||
| 7/29/2011 | Sold | $202,000$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,337 +0.4% | $492,669 |
| 2024 | $4,319 +45.7% | $492,669 +83.6% |
| 2023 | $2,964 +7.5% | $268,301 |
| 2022 | $2,757 +4% | $268,301 |
| 2021 | $2,651 +1.8% | $268,301 |
| 2020 | $2,603 +5.7% | $268,301 +28.3% |
| 2019 | $2,463 | $209,057 |
| 2018 | $2,463 +11.2% | $209,057 |
| 2017 | $2,215 +2.1% | $209,057 |
| 2016 | $2,170 -9.4% | $209,057 -8.1% |
| 2015 | $2,395 +5.4% | $227,397 |
| 2014 | $2,273 | $227,397 |
| 2013 | -- | $227,397 |
| 2012 | -- | $227,397 |
| 2011 | -- | $227,397 |
| 2010 | -- | $227,397 |
| 2009 | -- | $227,397 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: West Raleigh
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Nearby schools
GreatSchools rating
- 9/10Combs ElementaryGrades: PK-5Distance: 0.8 mi
- 2/10Centennial Campus MiddleGrades: 6-8Distance: 1.9 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 1.5 mi
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Estimated market value
$570,000
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
$570,000
- North Carolina
- Wake County
- Raleigh
- 27606
- West Raleigh
- 4111 Reavis Rd