Raleigh, NC 27603
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Raleigh, NC 27603
Raleigh, NC 27603
Raleigh, NC 27603
Raleigh, NC 27603
Listed by Cary-Raleigh Realty, Inc.

$610,000

Est. payment /mo

$660,000

7.6%
Est.Price: ?

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Raleigh, NC 27603

8 Beds

4 Baths

2,792 SqFt

SOLD DATE : 08/14/2026

Key Details

Sold Price $610,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,792 sqft

Price per Sqft $218

Subdivision Twin Lakes Estates

MLS Listing ID 10168156

Sold Date 08/14/26

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1952

Annual Tax Amount $3,291

Lot Size 0.870 Acres

Acres 0.87

Property Sub-Type Quadruplex

Source Doorify MLS

Land Area 2792

Property Description

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.

Location

State NC

County Wake

Community Twin Lakes Estates

Area 0.87

Interior

Cooling Ceiling Fan(s), Central Air, Zoned

Flooring Luxury Vinyl

Fireplace No

Exterior

Parking Features Off Street

Roof Type Shingle

Garage No

Building

Story One

Water Public

New Construction No

Schools

Elementary Schools Wake - Salem Elementary

Middle Schools Wake - Salem Middle

High Schools Wake - Athens Drive High

Others

Tax ID 1702368432

Acceptable Financing Cash, Conventional, FHA, VA Loan, USDA Loan

Listing Terms Cash, Conventional, FHA, VA Loan, USDA Loan

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Doorify MLS
Oscar Corrales

Oscar Corrales

Broker License ID: 267500

+1(919) 500-9880

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