Raleigh NC Multi Family for Sale

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Type:
Single Family
Sq.Ft.:
1,848
Status:
Active
Beds:
4
Lot size:
0.18 Acres
Year built:
1942
Baths:
2.00
MLS#:
10060490
Subdivision:
Fairmont

ADDITIONAL INFORMATION

Stabilized, picturesque 4 bedroom, 2 bath rental property in Village District ready for short term and long term investment. Renovated bathrooms, hardwood floors, updated kitchen, washer/dryer, new sump pump, 2018 roof, detached garage with roughed-in 220 electrical allows the potential to expand. 24 month leases in place, each bedroom has its own lease. Tenants pay all utilities except pest and landscaping. Financials and copies of lease are available upon request. Great opportunity for passive income while reducing cost basis over next 24 months.

Type:
Fourplex
Sq.Ft.:
7,894
Status:
Active
Beds:
17
Lot size:
0.24 Acres
Year built:
1961
Baths:
9.00
MLS#:
10051972
Subdivision:
Not In A Subdivision

ADDITIONAL INFORMATION

Presenting an exciting student-housing investment opportunity located in a bullseye location in Raleigh, North Carolina - one of the hottest markets in the country. Located at 2208 Garden Place, this nearly 8,000 square foot multi-family property is within a short distance of both NC State University and the Village District, a mecca of restaurants, bars and upscale retail. Prominent retailers within ½ mile radius include popular national stores such as Starbucks, Sephora, Chopt, Cava, Insomnia Cookies and Barnes & Nobles as well as local favorites like Jubala Coffee, Ajisai Sushi, Cantina 18 and more. With a walk-score of 92 reaching over 100 food, hotel and retail options, this Property is truly in the center of it all. The Property is currently available for purchase as four spacious four-bedroom apartments, with the opportunity to add an additional ground level studio apartment. Significantly renovated in August of 2024, the Property includes seven dedicated on-site parking spaces with additional city-issued permitted parking in the neighborhood.

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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


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 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.



Raleigh Real Estate

The median home value in Raleigh, NC is $427,000. This is lower 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 $427,000. 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 27607 has a population of 462,219. Raleigh 27607 is less family-centric than the surrounding county with 31.82% 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 27607 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 27607 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.

Raleigh Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    83
    30-day change

Raleigh Schools and Demographics

Education near Raleigh, NC

Metric City County
High School Graduates 92.33 93.66
College Degree - 2 year 7.27 8.04
College Degree - 4 year 52.4 54.72
Graduate Degree 13.7 15.71
Expenditures per Student 11,618 11,618
Students per Teacher 15.1 15.1

Elementary Schools near Raleigh, NC

School Grades Students P/T Ratio ZIP
Harris Creek Elementary School PK - 05 1,025 15.2 27616
Holly Grove Elementary School PK - 05 1,128 16.9 27540
Holly Springs Elementary School PK - 05 1,086 16.8 27540
Jeffreys Grove Elementary School PK - 05 543 14.5 27612
Joyner Elementary School PK - 05 686 14.8 27608
Kingswood Elementary School PK - 05 415 12.3 27513
Lacy Elementary School PK - 05 788 15.5 27607
Lynn Road Elementary School PK - 05 522 13.6 27612
Northwoods Elementary School PK - 05 515 13 27513
Olds Elementary School PK - 05 349 15.1 27607
Olive Chapel Elementary School PK - 05 1,023 17.5 27502
Partnership Elementary School KG - 05 292 12 27605
Reedy Creek Elementary School KG - 05 651 13.8 27513
Stough Elementary School PK - 05 538 13 27612
Sycamore Creek Elementary School PK - 05 1,132 16.6 27613
Underwood Elementary School KG - 05 520 14.1 27608
Weatherstone Elementary School PK - 05 910 16.6 27513
Wiley Elementary School KG - 05 429 12.9 27605
Willow Springs Elementary School KG - 05 1,017 16.7 27592
York Elementary School PK - 05 492 13.4 27612

Middle Schools near Raleigh, NC

School Grades Students P/T Ratio ZIP
Davis Drive Middle School 06 - 08 1,322 19.3 27519
Durant Road Middle School 06 - 08 1,245 15.8 27614
East Garner Middle School 06 - 08 1,361 16.4 27529
Heritage Middle School 06 - 08 1,287 17.4 27587
Holly Grove Middle School 06 - 08 1,439 17.7 27540
Holly Ridge Middle School 06 - 08 1,222 17.7 27540
Leesville Road Middle School 06 - 08 1,228 17.9 27613
Martin Middle School 06 - 08 1,079 14.7 27607
Mills Park Middle School 06 - 08 1,836 18.8 27519
Rolesville Middle 06 - 08 1,263 16.8 27571
Salem Middle School 06 - 08 1,238 16.1 27523
West Lake Middle School 06 - 08 1,344 17.4 27539

High Schools near Raleigh, NC

School Grades Students P/T Ratio ZIP
Apex High School 09 - 12 2,549 19.3 27502
Cary High School 09 - 12 2,396 17.7 27511
Garner High School 09 - 12 2,650 18.2 27529
Green Hope High School 09 - 12 2,380 19.8 27519
Holly Springs High School 09 - 12 2,418 19.7 27540
Leesville Road High School 09 - 12 2,281 18.7 27613
Middle Creek High School 09 - 12 2,249 18.7 27539
Millbrook High School 09 - 12 2,571 17.7 27615
Needham Broughton High School 09 - 12 2,112 16.6 27605
Panther Creek High School 09 - 12 2,893 20.6 27519
Wakefield High School 09 - 12 2,387 18.1 27614
William G Enloe High School 09 - 12 2,656 17 27610

Ungraded Schools near Raleigh, NC

School Grades Students P/T Ratio ZIP
* Phillips High School 09 - 12 168 5.2 27610
Apex Friendship High UG - UG 0 27502
Longview 06 - 12 73 3.2 27610
Rolesville High 09 - 11 1,200 17.3 27571
Scotts Ridge Elementary UG - UG 0 27502
Wake Young Men's Leadership Academy 06 - 11 247 12.3 27601
Wake Young Women's Leadership Academy 06 - 11 281 12.6 27606

Demographics near Raleigh, NC 27607

Metric Zip Code City
Neighborhood Type Suburban
Population 462,219 1,112,883
Population Density 3,182 1,333
Median Age 34.2 36.7
People per Household 2.4 2.6
Median Household Income 72,996 88,471
Average Income per Capita 42,632 45,425