Raleigh NC Multi Family for Sale

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Type:
Single Family
Sq.Ft.:
924
Status:
Active
Beds:
2
Year built:
1940
Baths:
1.00
MLS#:
10067846
Subdivision:
Battery Heights

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!

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

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:
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

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.:
2,400
Status:
Active
Beds:
n/a
Lot size:
0.39 Acres
Year built:
2018
Baths:
MLS#:
2434567
Subdivision:
Not In A Subdivision

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

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.

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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 2025 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 27610 has a population of 462,219. Raleigh 27610 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 27610 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 27610 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

    240
    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
Barwell Road Elementary School PK - 05 798 13.8 27610
Bugg Elementary School PK - 05 584 13.1 27610
Fuller Elementary School KG - 05 554 12.5 27610
Poe Elementary School PK - 05 326 12 27610
Powell Elementary School PK - 05 433 12 27610
Preeminent Charter School KG - 08 565 16.3 27610
Walnut Creek ES PK - 05 818 16.5 27610

Middle Schools near Raleigh, NC

School Grades Students P/T Ratio ZIP
Carnage Middle School 06 - 08 1,156 16.6 27610

High Schools near Raleigh, NC

School Grades Students P/T Ratio ZIP
Southeast Raleigh High School 09 - 12 1,538 13.9 27610
Wake Early College of Health and Science 09 - 13 309 22.9 27610
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
Longview 06 - 12 73 3.2 27610

Demographics near Raleigh, NC 27610

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