Raleigh NC Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- 2,417
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.31 Acres
- Year built:
- 1958
- Baths:
- 2.00
- MLS#:
- 10068373
- Subdivision:
- Cardinal Hills
View additional info
Courtesy: DAVIS REALTY AND DEVELOPMENT C
919-356-6881
ADDITIONAL INFORMATION
Incredible investment opportunity in desirable Cardinal Hills/NC State area. Cash flowing, stabilized property with leases in place through 6/30/2026. This thoughtfully updated 5 bedroom, 2 bathroom home is located on a large, fenced 0.31 acre lot. Master lease in effect - Not individual. 7/1/24 - 6/30/25 Lease at $5,000/month. 7/1/25 - 6/30/26 Lease at $5,000/month. Extremely turnkey property with designer finishes and sleek new appliances. Improvements in 2023 include: New roof, updated kitchen, 2 full bathroom renovations, premium crawlspace encapsulation, Rheem tankless hot water heater, refinished hardwoods, and new concrete driveway. 3 bedrooms are located on the main level with 2 additional bedrooms located on the second floor. Two separate front entrances, interior spiral staircase, and second floor loft provide tenants with maximum living flexibility and privacy. Close proximity to NC State and 440. Appliances and Washer/Dryer convey. This investment property is As-Is and ready to go! Buyers & Buyers Agents, please reach out to Listing Agent for all property disclosures and full list of upgrades.
$535,000
360 Wilmot Drive Raleigh, NC 27606
- Type:
- Single Family
- Sq.Ft.:
- 2,016
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.47 Acres
- Year built:
- 1956
- Baths:
- 3.00
- MLS#:
- 10068320
- Subdivision:
- Fairview Acres
View additional info
Courtesy: DAVIS REALTY AND DEVELOPMENT C
919-356-6881
ADDITIONAL INFORMATION
Fantastic investment opportunity in highly sought after Fairview Acres in close proximity to NC State. Cash flowing, stabilized property with leases in place through 6/30/2026. Master lease in effect - Not individual. 7/1/24 - 6/30/25 Lease at $4,000/month. 7/1/25 - 6/30/26 Lease at $4,450/month. Gorgeous open floorplan with finishes that are rarely seen at this price point. Fully updated kitchen with Samsung appliances, new cabinets, granite countertops, eat-in kitchen bar with waterfall edge. New bathroom upgrades include double vanity cabinets, walk-in shower, tiled floor/shower, and anti-fog backlit mirrors. Additional improvements include New Roof, refinished hardwood floors, new driveway and privacy fencing. Finished daylight basement, with separate entrance from main house, offers additional flex space and laundry room. Property is located on a spacious 0.47 acre lot within the Raleigh Frequent Transit area. Please refer to City of Raleigh UDO for guidelines, but potential to increase revenue by adding ADUs. Covered carport with Storage. Detached shed on property offers additional storage, but is not in habitable condition. Appliances and Washer/Dryer convey. This investment property is As-Is and ready to go! Buyers & Buyers Agents, please reach out to Listing Agent for all property disclosures, financials, and full list of upgrades.
- Type:
- Apartment
- Sq.Ft.:
- 3,120
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.17 Acres
- Year built:
- 1919
- Baths:
- 4.00
- MLS#:
- 10067979
- Subdivision:
- Cameron Park
View additional info
Courtesy: Shelton Properties by KW
864-574-6000
ADDITIONAL INFORMATION
Prime Income-Producing Opportunity Across from NCSU! Welcome to 191 Chamberlain St., Raleigh, NC, a high-demand, income-generating property just steps away from NC State University and the vibrant Hillsborough Street corridor. This 4-bedroom, 3.5-bath home with a 4-car garage and walk-in closets offers both comfort and convenience, making it an ideal rental for students and professionals alike. Income Potential: Generate approximately $5,000 per month in rental income, with strong lease demand in this unbeatable location. The Appeal: Proximity: Just 1 block from NCSU, a short walk to the Village District, Cameron Village, and countless amenities. Versatility: Zoned RX-3, allowing for single-unit, multi-unit, or group living, with future redevelopment potential. Convenience: Spacious 3,120 SF layout on a 0.17-acre lot with modern amenities and plenty of parking. Zoning and Redevelopment Potential: The RX-3 zoning opens up a range of possibilities, including multi-unit housing, dormitories, or future redevelopment projects with favorable setbacks. This is an excellent opportunity for residential investors seeking high-yield properties in a prime location. Don't miss the chance to invest in one of Raleigh's most sought-after rental neighborhoods!
- Type:
- Single Family
- Sq.Ft.:
- 924
- Status:
- Active
- Beds:
- 2
- Year built:
- 1940
- Baths:
- 1.00
- MLS#:
- 10067846
- Subdivision:
- Battery Heights
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Courtesy: Offerpad Brokerage LLC
844-448-0439
ADDITIONAL INFORMATION
Seize this rare chance to own not one but two adjacent parcels of prime real estate being sold together. 1246 and 1250 New Bern Avenue represent a compelling opportunity to capitalize on Raleigh's growth trajectory and urban development trends. With its strategic location, strong market fundamentals, and zoning potential, this property is ideal for investors or developers seeking to create a high-yield, future-forward project. Property Highlights: Location: Strategically positioned on a high-traffic corridor, with excellent visibility and easy access to public transit, downtown amenities, and major highways. RX-3 Zoning: Ideal for combining retail, office and residential space (confirm zoning with city guidelines). Lot Size: Combined, the two lots span .29 acres with a 3 story building height capacity, offering ample space for creative development. Neighborhood Growth: Situated in an area poised for transformation, this property is surrounded by recent and upcoming developments, making it an excellent investment opportunity in an emerging market. Why This Property? Whether you're looking to create modern multifamily housing, retail spaces, or a mixed-use community hub, this location offers a blank canvas for your vision. Its proximity to Raleigh's thriving downtown, universities, hospitals, and employment hubs makes it highly desirable for future residents or tenants. Conceptual sketches available upon request. Key Benefits: Rising Property Values: Take advantage of the upward trend in property values in this area. High Visibility: Benefit from daily exposure to thousands of potential clients, residents, or customers passing along New Bern Avenue. Proximity to Amenities: Close to shopping, dining, healthcare, and cultural hotspots. Don't miss out on this incredible opportunity to invest in one of Raleigh's most promising neighborhoods!
$1,175,000
2824 Providence Road Raleigh, NC 27610
- Type:
- Duplex
- Sq.Ft.:
- 2,922
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.46 Acres
- Year built:
- 2023
- Baths:
- 7.00
- MLS#:
- 10066115
- Subdivision:
- Green Valley
View additional info
Courtesy: Keller Williams Realty
919-676-0600
ADDITIONAL INFORMATION
Exceptional Investment Opportunity: 3 Residential Units Just Minutes from Downtown Raleigh! This property offers a steady stream of income with a duplex and an ADU (Accessory Dwelling Unit), both fully occupied by tenants with leases in place until 5/1/25. The duplex units feature spacious, open-concept living areas on the first floor. The kitchens are beautifully designed with large islands, stainless steel appliances (refrigerators included), ceramic tile subway backsplashes, and sleek quartz countertops. A convenient half bath for guests and a one-car garage complete the main floor. Upstairs, each duplex unit offers three bedrooms, two full bathrooms, and a laundry closet in the hallway, with wood shelving in the closets for added storage. At the rear of the duplex is the ADU, which includes two bedrooms, one full bathroom, and a bright, open kitchen that flows into the living room with vaulted ceilings—creating a spacious and airy atmosphere. All units boast luxurious upgrades, including tile showers, stylish tile backsplashes, quartz countertops, high-end appliances, and modern fixtures. This is a prime opportunity to secure a well-maintained, income-generating property in a sought-after location. Additionally, you may qualify for up to $11,750 in lender credits with the use of our preferred lender. Don't miss out on this rare investment opportunity!
- Type:
- Duplex
- Sq.Ft.:
- 2,801
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.2 Acres
- Year built:
- 1986
- Baths:
- 5.00
- MLS#:
- 10065953
- Subdivision:
- Berkshire Downs West
View additional info
Courtesy: BLISS & OAK REALTY AND PROPERT
919-369-1540
ADDITIONAL INFORMATION
Don't miss this rare investment opportunity to own a 6bed 4.5 bath Duplex in North Raleigh! Centrally located in a high demand rental area between 401 and Capital Blvd, minutes from I-540, Wake Tech Northern Campus, Wake Med North, N Raleigh Christian Academy, Lafayette Village, shopping, dining, and more. New roof 2024! Unit 8031 recently updated, new carpet, paint, ready for new tenant w/ potential for $1650+ rental income. Unit 8029 currently rents for $1400 with a longterm tenant in place since 2016. Could be a great opportunity for a first time investor - live on one side, collect rental income from the other!
- Type:
- Apartment
- Sq.Ft.:
- 3,453
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.1 Acres
- Year built:
- 1910
- Baths:
- 6.00
- MLS#:
- 10035898
- Subdivision:
- Historic Oakwood
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Courtesy: Tri-City Realty
919-649-5216
ADDITIONAL INFORMATION
From Downtown Raleigh take New Bern Ave East, turn left on East Street, Left on Edenton Street
- Type:
- Single Family
- Sq.Ft.:
- 15,540
- Status:
- Active
- Beds:
- 28
- Year built:
- 2023
- Baths:
- 28.00
- MLS#:
- 10035601
- Subdivision:
- Row 12
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Courtesy: Northside Realty Inc.
919-784-0101
ADDITIONAL INFORMATION
New Construction & INCOME producing with 8-12k a month in potential income per unit!! This is an exceptional opportunity in the heart of Downtown Raleigh with amazing income potential! Invest and use as an Airbnb (Airbnb for $599 a night) or corporate furnished rental, with potential monthly income of $8,000 per month (nearby similar unit at ths price). Package consists of 7 single family homes- each with 4 beds, 4 baths, 2220 sq ft and 1 car garage.. Located in the heart of the downtown attractions and Raleigh's vibrant cultural scene. An amazing downtown skyline view from the rooftop terrace is just icing on the cake! Andddddd, this is the perfect time to invest with $7.1 billion currently invested in downtown development per the Downtown Raleigh Alliance. This includes $2.4 billion in completed projects, $911 million currently under construction across 19 sites, and $3.8 billion in planned or proposed developments. Now is the perfect time to invest with Raleigh's dynamic growth. Don't miss out on this outstanding opportunity. Pictures of staged model unit 207. Finishes may vary across units. Includes units Includes units 209, 213, 215, 217, 219, 221 and 227
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Baths:
- MLS#:
- 2478949
- Subdivision:
- Fox Road
View additional info
Courtesy: RE/MAX United
919-469-4700
ADDITIONAL INFORMATION
New Construction .12 Unit Luxury Townhome Community located within walking distance to Triangle Town Center for sale as 1 package. Attached are floorplans and pictures of fit and finish. Builder has other finished Townhomes that can be shown to illustrate fit and finish. Construction to begin Late 2022. Niche community of only 12 Townhomes with common area and dog walk. Loaded with upgrades: Fiber cement siding,30 yr roof shingles, hardwood floors entire 1st floor, quartz countertops, modern tiled in bathrooms, Tile backsplash in kitchen, custom wood closet in Master bedroom, soft close drawers, S.S. appliances, beefy trim package etc..
$1,050,000
720 S State Street Raleigh, NC 27601
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2008
- Baths:
- MLS#:
- 2475712
- Subdivision:
- Not in a Subdivision
View additional info
Courtesy: Fathom Realty NC
888-455-6040
ADDITIONAL INFORMATION
Looking to house hack? Buy this awesome downtown Raleigh Triplex. Live in Unit 103 & collect rent on 101 and 102. Unit 101 & 102 are 2nd floor 4 bed 4 full bath units w/ a 3rd floor. 103 is a 3 bedroom 4 bath 1st floor unit. Unit 103 updated in 2020 w/ white shaker cabinets LVP flooring & stainless steel appliances. Unit 101 updated in January 2022 w/ modern open kitchen layout w/ white shaker cabinets, stainless steel appliances, LVP flooring and custom tile backsplash. Month to Month lease for 102, 12 month lease in Unit 101.
$384,999
931 S East Street Raleigh, NC 27601
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1980
- Baths:
- MLS#:
- 2465553
- Subdivision:
- Not in a Subdivision
View additional info
Courtesy: The Carolina Agency LLC
919-289-8676
ADDITIONAL INFORMATION
Duplex in Downtown! Come and see this high potential investment gem today.
$735,000
5313 Wayne Street Raleigh, NC 27606
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1984
- Baths:
- MLS#:
- 2462009
- Subdivision:
- Wayneridge
View additional info
Courtesy: Real Triangle Properties LLC
919-380-7325
ADDITIONAL INFORMATION
Investor ALERT! Beautiful & hard to find Quad near NCSU and inside Raleigh Beltline (I-40,I-440). All 4 units have 2 bedrooms, 2 full baths, spacious livingroom with fireplace. Vinyl in bathrooms and kitchen. Carpet in bedrooms and living room. Hallway laundry closet with Washer/Dryer Hookups. 3 units currently rented with history of long term tenants. Convenient to I-40,I-440, shopping, restaurants, downtown Raleigh, RTP & RDU.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1981
- Baths:
- MLS#:
- 2456578
- Subdivision:
- Fairview Hills
View additional info
Courtesy: Keller Williams Legacy
919-439-2105
ADDITIONAL INFORMATION
Wonderful Investment opportunity! This Duplex has had a great rental history and is in fantastic location just off Jones Franklin Rd. About 4 miles to NSCU Campus. 2 miles to Lake Johnson. Easy Access to I-40, I-440, Route 1. Large Living Room-DiningRoom. Sliding Glass Door to Backyard Patio and Wooded Lot. Backyard StorageCloset. Washer-Dryer Hook-Ups are in Hall Closet. West Raleigh BaseballExchange Club Fields/Park Across the Street.
$555,000
2528 Poole Road Raleigh, NC 27610
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1956
- Baths:
- MLS#:
- 2448578
- Subdivision:
- Not in a Subdivision
View additional info
Courtesy: Berkshire Hathaway HomeService
919-782-6641
ADDITIONAL INFORMATION
Under Contract as single family home MLS #2448534 So Much Potential!! 3 bedroom/2 bath main house with 1 bedroom/1bath basement studio with own entrance PLUS 1 bedroom/1 bath private apartment in back. Zoned for Home Occupation Permit or Live Work Permit. OR tear down and build townhomes! New project 1/2 mile away.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1983
- Baths:
- MLS#:
- 2445534
- Subdivision:
- South Park
View additional info
Courtesy: Allen Tate/ Lake Royale
252-478-5608
ADDITIONAL INFORMATION
RARE Opportunity in downtown Raleigh!!Investor special- 2 units in building,Building right next door is ALSO for sale (515 Hoke St)!Rental potential,valuable land,parking,AND green space.Each apartment is 3bdrm/1ba,w/porch.Up and coming area-new construction on same street,tons of growth!LOCATION can't be beat!4 min drive to NC State!Music venues & restaurants within walking distance or 4-5 min drive!Highways 40,440, 87, 64,540-all within minutes!25 min drive to RTP,parks close by.
- Type:
- Duplex
- Sq.Ft.:
- 2,400
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.39 Acres
- Year built:
- 2018
- Baths:
- MLS#:
- 2434567
- Subdivision:
- Not In A Subdivision
View additional info
Courtesy: DSM Realty Inc
919-697-1451
ADDITIONAL INFORMATION
2018 duplex 3 bed/3.5 baths - close Downtown Raleigh! Both units already occupied. Both leases end by April 30, 2022 && Existing property management services by Belk Realty can be transferred. Great for investor or homeowner. Don't miss out on opportunity!!!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.79 Acres
- Year built:
- 1969
- Baths:
- MLS#:
- 2278732
- Subdivision:
- Beacon Lake
View additional info
Courtesy: Hunt & Company, Realtors
919-833-3041
ADDITIONAL INFORMATION
This is a duplex turned into rooming house .Tenants pay rent by week and units are furnished. .Longterm tenants mostly Very low vacancy or eviction rate.Each rm. has own bath.Property was renovated when converted. Effective age 12/15 years. This unit gets cable from dish across st. Same owner so if bought separately ,this needs to be addressed.Call agent for more info. Selling as is at this price. Seller will offer property mgt. for a price.
Information Not Guaranteed. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.
Raleigh Real Estate
The median home value in Raleigh, NC is $467,625. This is higher than the county median home value of $434,100. The national median home value is $338,100. The average price of homes sold in Raleigh, NC is $467,625. Approximately 46.75% of Raleigh homes are owned, compared to 43.8% rented, while 9.45% are vacant. Raleigh real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Raleigh real estate agent to arrange a tour today!
Raleigh, North Carolina has a population of 462,219. Raleigh is less family-centric than the surrounding county with 31.47% of the households containing married families with children. The county average for households married with children is 37.3%.
The median household income in Raleigh, North Carolina is $72,996. The median household income for the surrounding county is $88,471 compared to the national median of $69,021. The median age of people living in Raleigh is 34.2 years.
Raleigh Weather
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 29.9 degrees. The average rainfall is approximately 45.8 inches per year, with 3.7 inches of snow per year.