For sale

Price cut: $25K (10/4)

$764,950

4300 Presley Ct #A, Raleigh, NC 27604

8beds

4,192sqft

$4,968/mo

Get pre-qualified

Quadruplex

Built in 1983

-- sqft lot

$735,200 Zestimate^®

$182/sqft

$-- HOA

What's special

Excellent opportunity to acquire a strong income producing quadplex in a centrally located Raleigh submarket. All four HVAC systems have been replaced within the past six years, significantly reducing near term capital expenditures. Each unit is clean, well maintained, and nicely updated, supporting stable tenant demand. Two units were recently vacated and are in the process of being re leased at $1,500 per month, bringing the property to a projected gross annual income of $72,000 once fully stabilized. The building sits at the end of a quiet cul de sac, offering added privacy and appeal for renters. With quick access to Capital Blvd and major Raleigh employment centers, this location consistently delivers strong rental performance and historically low vacancy rates. For investors seeking a cash flowing, mechanically updated asset with clear rent growth potential, 4300 Presley Ct is a compelling addition to any portfolio.

41 days
355
32

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8
Full bathrooms: 8

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Refrigerator, Range Hood
Laundry: Laundry Closet

Features

Crown Molding
Flooring: Carpet, Luxury Vinyl, Wood
Common walls with other units/homes: 2+ Common Walls,End Unit

Interior area

Total structure area: 4,192
Total interior livable area: 4,192 sqft
Finished area above ground: 4,192
Finished area below ground: 0

Property

Parking

Total spaces: 8
Parking features: Off Street
Uncovered spaces: 8

Features

Levels: Two
Stories: 2
Patio & porch: Front Porch

Lot

Size: 0.45 Acres
Features: Cul-De-Sac

Details

Parcel number: 1726.17120204 0128078
Zoning: RX-3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Board & Batten Siding, Frame, Lap Siding, Vertical Siding
Foundation: Slab
Roof: Composition,Metal,Shingle

Condition

Updated/Remodeled
New construction: No
Year built: 1983

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Pepperdine

HOA

Has HOA: No

Location

Region: Raleigh

Financial & listing details

Price per square foot: $182/sqft
Tax assessed value: $589,503
Annual tax amount: $5,221
Date on market: 8/26/2026
Listing agreement: Exclusive Right To Sell
Listing terms: 1031 Exchange,Cash,Conventional
Lease term: Month To Month
Tenant pays: All Utilities, Cable TV, Gas, Sewer, Trash Collection, Water
Road surface type: Asphalt

Estimated market value

$735,200

$698,000 - $772,000

$1,694/mo

Price history

Date	Event	Price
10/4/2026	Price change	$764,950-3.2%$182/sqft
Source: Doorify MLS #10188603 Report a problem
9/23/2026	Listing removed	$1,350
Source: Zillow Rentals Report a problem
8/26/2026	Listed for sale	$789,950$188/sqft
Source: Doorify MLS #10188603 Report a problem
8/6/2026	Listed for rent	$1,350
Source: Zillow Rentals Report a problem
12/9/2024	Listing removed	$1,350
Source: Zillow Rentals Report a problem
12/4/2024	Listed for rent	$1,350
Source: Zillow Rentals Report a problem
7/25/2024	Listing removed	--
Source: Zillow Rentals Report a problem
7/10/2024	Price change	$1,350-3.6%
Source: Zillow Rentals Report a problem
6/13/2024	Listed for rent	$1,400+51.4%
Source: Zillow Rentals Report a problem
4/23/2021	Listing removed	--
Source: Zillow Rental Network Premium Report a problem
4/7/2021	Listed for rent	$925
Source: Zillow Rental Network Premium Report a problem