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For sale
  • $660,000

     Raleigh, NC 27603

    8beds
    2,792sqft
    : 
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    Quadruplex, Multi Family
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $236/sqft
    $-- HOA

    What's special

    Spacious bedroomsFresh paintOff-street parkingRange hoodElectric rangeFully remodeled quadplexUpdated kitchens
    Excellent investment opportunity in a convenient and accessible Raleigh location! This fully remodeled quadplex over $180K invested sits on a spacious 0.87-acre lot, offering a rare combination of completely updated rental units, generous outdoor space, and strong long-term investment potential. Each unit features 2 bedrooms and 1 full bath and has been remodeled to provide a clean, modern, and low-maintenance living environment. Interior updates include fresh paint, durable luxury vinyl plank flooring throughout, and no carpet for easy upkeep. The updated kitchens feature brand-new stainless steel appliances, including a refrigerator, electric range, and range hood. Spacious bedrooms, full baths with shower/tub combinations, and optional washer/dryer access add everyday convenience and functionality. The large lot provides extra outdoor space for relaxing, entertaining, gardening, or enjoying the wooded setting and added privacy. Off-street parking and practical property features further enhance tenant appeal. Prime Raleigh location near Downtown Raleigh, just minutes from Garner, NC State University, shopping, dining, I-40, and surrounding areas. Fully leased and income-producing, this remodeled quadplex is ready for its next owner to start enjoying rental income from day one, while offering both immediate cash flow potential and long-term value.
    35 days
    |
    995
    |
    95
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Hannah Chan 919-426-1854,

    Cary-Raleigh Realty, Inc.

    Source: Doorify MLS,MLS#: 10168156MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • Ceiling Fan(s), Central Air, Zoned
      Features
      • Flooring: Vinyl
      Interior area
      • Total structure area: 2,792
      • Total interior livable area: 2,792 sqft
      • Finished area above ground: 2,792
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Street
      • Uncovered spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Has view: Yes
      Lot
      • Size: 0.87 Acres
      Details
      • Parcel number: 1702368432
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Multi Family
      Materials
      • Brick
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1952

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Twin Lakes Estates
      HOA
      • Has HOA: No
      Location
      • Region: Raleigh

      Financial & listing details

      • Price per square foot: $236/sqft
      • Annual tax amount: $3,291
      • Date on market: 5/20/2026
      • Lease term: 12 Months

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/18/2026Listed for sale$660,000+209.9%$236/sqft
        Source: Doorify MLS #10168156 Report a problem
        5/4/2025Listing removed$1,085
        Source: Doorify MLS #10077584 Report a problem
        4/26/2025Price change$1,085-0.9%
        Source: Doorify MLS #10077584 Report a problem
        4/1/2025Listed for rent$1,095
        Source: Doorify MLS #10077584 Report a problem
        3/22/2025Listing removed$1,095
        Source: Zillow Rentals Report a problem
        3/16/2025Price change$1,095-7.6%
        Source: Zillow Rentals Report a problem
        2/18/2025Listed for rent$1,185
        Source: Zillow Rentals Report a problem
        4/4/2013Sold$213,000-9.4%$76/sqft
        Source: Public Record Report a problem
        2/6/2013Price change$235,000-6%$84/sqft
        Source: Prudential York Simpson Underwood Realty #1856503 Report a problem
        9/27/2012Listed for sale$250,000$90/sqft
        Source: Prudential York Simpson Underwood Realty #1856503 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,291 +0.4%$368,242
        2024$3,278 +16.3%$368,242 +46.6%
        2023$2,818 +7.4%$251,158
        2022$2,623 +3.9%$251,158
        2021$2,524 $251,158
        2020-- $251,158 +16.1%
        2019-- $216,247
        2018-- $216,247
        2017-- $216,247
        2016-- $216,247 +35.4%
        2015-- $159,693
        2014-- $159,693
        2013-- $159,693
        2012-- $159,693
        2011-- $159,693
        2010-- $159,693
        2009-- $159,693
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          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.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: Southwest Raleigh

          Getting around

          46 / 100
          Car-Dependent
          39 / 100
          Some Transit
          44 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Wake - Salem
          • Middle: Wake - Salem
          • 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.

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