Courtesy: EXP Realty LLC
888-584-9431
Exceptional investment opportunity in Historic Oakwood! This updated four-unit property offers a mix of one- and two-bedroom apartments featuring renovated kitchens and baths, refinished hardwood floors, and in-unit laundry. Located just minutes from Downtown Raleigh's restaurants, shops, parks, and entertainment, this turnkey property offers strong rental appeal in one of the city's most desirable neighborhoods. Ideal for investors seeking a well-maintained multifamily asset with immediate income potential and long-term appreciation in a premier downtown location.
Courtesy: Compass -- Cary
919-769-1956
Exceptional opportunity to acquire a cash-flowing asset in one of Raleigh's most desirable and rapidly evolving urban neighborhoods. Located at 700 Glascock Street, this income-producing property sits on a highly visible corner lot comprising approximately 0.22 acres and offers investors immediate returns alongside compelling long-term redevelopment potential. The property is zoned R-10 and positioned within one of Raleigh's most active redevelopment corridors. Surrounded by luxury new construction and high-end infill development, the site is ideally situated to benefit from continued neighborhood growth and increasing land values. Currently operating as an 8-room income-producing property generating approximately $62,700 in annual gross income ($5,225/month), the asset benefits from strong rental demand and flexible month-to-month occupancy agreements. The property has been well maintained and improved, with major updates already completed, including a new roof in 2023; HVAC systems installed in 2019; furnaces replaced in 2018 and 2019; a hot water heater installed in 2019; updated bathrooms and kitchen cabinetry in 2023; new windows installed in 2024 and 2025; new gutters in 2025; and fresh interior and exterior paint completed in 2025. Public water and sewer service, along with approximately 10 off-street parking spaces, further enhance the property's functionality and appeal. Beyond the property's income potential, the location offers the highly desirable lifestyle amenities driving demand throughout Downtown Raleigh's urban core. Residents are close to a growing collection of restaurants, retail destinations, and neighborhood gathering spots while enjoying convenient access to Oakwood Park, Gateway Plaza, area schools, greenway trails, and public transit. A nearby dog park and numerous recreational amenities further enhance the area's appeal. The combination of connectivity, and the city's sought-after "live, work, play" lifestyle makes this location particularly attractive to both tenants and long-term investors. Whether pursuing stable cash flow, a value-add investment strategy, land banking, or future redevelopment, 700 Glascock Street offers multiple paths to value creation in one of Raleigh's strongest growth markets. Opportunities combining current income, corner-lot positioning, and proximity to Downtown Raleigh are increasingly difficult to find.
Courtesy: Redfin Corporation
919-816-5981
Strategically positioned along one of Raleigh's most actively evolving urban corridors, this prominent OX-3 zoned corner property offers a rare opportunity to acquire a four-unit structure with exceptional mixed-use redevelopment, adaptive reuse, office conversion, residential repositioning, or future infill construction potential just minutes from Downtown Raleigh. Existing improvements require substantial rehabilitation and the property is being sold as-is, creating an ideal canvas for investors, developers, and visionary buyers seeking a high-visibility asset with multiple long-term value creation paths. The property is further strengthened by immediate adjacency to recently completed new home and condominium development and sits directly within the trajectory of significant public and private corridor investment, including New Bern Avenue Bus Rapid Transit infrastructure, expanding transit-oriented development momentum, rising multifamily and mixed-use demand, and increasing institutional growth connecting Downtown Raleigh, WakeMed, workforce housing nodes, and surrounding commercial services. With strong corridor presence, strategic downtown proximity, and continued redevelopment pressure throughout the surrounding area, this site represents a compelling opportunity to capitalize on one of Raleigh's emerging gateway growth corridors. Buyer to verify all intended uses with City of Raleigh. See photos of early plans of potential four-unit townhome building not yet city approved.
Courtesy: The New Realty Group, LLC
919-772-1338
Excellent location in traditional neighborhoodof off of Capital Blvd. one tenant has been there for 20 yrs. One vacant apartment can be shown. Occupied appartments will be shown during DD period. Being sold as is.
Courtesy: Deaton Investment Real Estate
919-847-1117
Evans Place Burt, a purpose-built student housing asset at North Carolina State University in Raleigh, North Carolina. The Property consists of three duplex-style buildings totaling six luxury townhome units and 24 student beds, purposefully designed for the modern student renter with spacious four-bedroom / four-and-a-half-bath floor plans, high-end interior finishes, private bathrooms for each bedroom, and large outdoor living areas. Built in 2020, the Property offers investors a highly efficient, low-maintenance asset with durable construction, strong in-place cash flow, and proven leasing performance. Evans Place Burt is currently 96% pre-leased for the 2026-2027 academic year at average rents of $1,113 per bed.
Courtesy: LPT Realty, LLC
877-366-2213
Great investment opportunity available. One side is currently rented and other side is ready if move-in investor. Great location between Raleigh & Cary. Unit 1 is Freshly Painted with New Luxury Vinyl Plank Flooring throughout which is currently vacant. Both units have 2 Bedrooms & 1 Full Bath and are mirror image of each other. Unit 2 is currently being rented for $1,225 a month through May, 31st of 2027. Fantastic location just off Jones Franklin Rd near 440 and tucked away in naturally wooded yard with driveway parking! Both units have Patio in backyard nestled in the trees. Living room, dining area and Kitchen with Laundry closet with Washer and Dryer provided!
Courtesy: Coldwell Banker HPW
919-876-8824
INVESTOR ALERT! Beautiful income-producing duplex just minutes from Downtown Raleigh and NCSU CAMPUS! This modern, like-new property is an exceptional opportunity for investors or anyone seeking strong rental potential in a rapidly growing location. This home offers two units numbered 808 and 810. Each thoughtfully designed unit features a bright open-concept floorplan with seamless flow between the living room and kitchen, creating a spacious and inviting atmosphere! The stylish kitchens are outfitted with stainless steel appliances, white shaker cabinets, sleek countertops, and contemporary tile backsplashes for a clean, upscale look. Each unit offers a highly desirable first-floor primary suite complete with a shared en suite bathroom, while upstairs includes two additional bedrooms and a shared full bath--providing flexible living arrangements ideal for roommates or families. Modern finishes throughout include durable LVP flooring, designer lighting and beautifully finished bathrooms that give the home a fresh, contemporary feel. Outside, both units enjoy private fenced backyards, perfect for pets, entertaining, or relaxing outdoors. With strong rental appeal, low-maintenance newer construction, and a prime location convenient to Downtown Raleigh dining, shopping, entertainment, and major highways, this duplex is a rare investment opportunity you won't want to miss.
Courtesy: Coldwell Banker HPW
919-876-8824
INVESTOR ALERT! Beautiful income-producing duplex just minutes from Downtown Raleigh and NCSU CAMPUS! This modern, like-new property is an exceptional opportunity for investors or anyone seeking strong rental potential in a rapidly growing location. This home offers two units numbered 804 and 806. Each thoughtfully designed unit features a bright open-concept floorplan with seamless flow between the living room and kitchen, creating a spacious and inviting atmosphere! The stylish kitchens are outfitted with stainless steel appliances, white shaker cabinets, sleek countertops, and contemporary tile backsplashes for a clean, upscale look. Each unit offers a highly desirable first-floor primary suite complete with a shared en suite bathroom, while upstairs includes two additional bedrooms and a shared full bath--providing flexible living arrangements ideal for roommates or families. Modern finishes throughout include durable LVP flooring, designer lighting and beautifully finished bathrooms that give the home a fresh, contemporary feel. Outside, both units enjoy private fenced backyards, perfect for pets, entertaining, or relaxing outdoors. With strong rental appeal, low-maintenance newer construction, and a prime location convenient to Downtown Raleigh dining, shopping, entertainment, and major highways, this duplex is a rare investment opportunity you won't want to miss.
Courtesy: Parker James Properties LLC
919-771-8114
Updated Quadruplex in Prime Raleigh Location with Strong Cash Flow Potential Outstanding investment opportunity in the heart of Raleigh. This well maintained quadruplex sits on a desirable corner lot at Kilcullen and Hoyle Dr., offering excellent access to major employers, shopping, parks, and transit corridors. Its central location supports consistent tenant demand and long term stability. All units have been thoughtfully updated or remodeled, providing a clean and modern living experience. Recent improvements include new windows throughout the building within the last five years, boosting energy efficiency and reducing long term operating costs. Ground level of each unit features durable LVP flooring, ideal for high traffic rental use. In addition each unit has 2 assigned off street parking spaces. Each unit offers a highly functional layout with two bedrooms, each with its own private bathroom area with toilet and sink. The bedrooms share a Jack and Jill shower/tub, a layout that maximizes privacy while keeping maintenance simple--an appealing feature for renters and a cost efficient setup for owners. Two units are currently vacant, and both vacant units have been remodeled with new floor, paint, appliances and cabinets offering flexibility for an owner occupant or the ability to place a new tenant at market rent, enhancing immediate cash flow potential. The remaining units are tenant occupied. Tenants pay their own utilities, including garbage service, which helps keep operating expenses predictable and favorable for the owner. Location Benefits: This property is positioned in a high demand area of Raleigh, close to major employment hubs, universities, medical centers, and retail corridors. Raleigh's strong population growth and rental demand contribute to stable occupancy and competitive rents. The corner lot placement also provides easy access and visibility, adding long term value for both renters and investors. With its updates, efficient layout, tenant paid utilities, and prime location, this property is a compelling addition to any rental portfolio--designed for durability, consistent occupancy, and strong income performance. Listing agent will be selling three additional units in the area. All units are in similar condition to 4632 Kilcullen and will be listed after 4632 Sells. Owners will consider selling all properties together.
Courtesy: Monarch Realty Co.
919-606-2905
Modern design. Prime location. Elevated living and investment opportunity inside Raleigh's Historic Oakwood corridor. This newly constructed duplex scheduled to be completed at the end of June offers over 4,300 square feet of intentional design across two thoughtfully crafted residences, just minutes from Downtown Raleigh. Clean architectural lines, a striking two-tone exterior, and curated finishes create a cohesive and elevated presence from the moment you arrive. Each unit is designed for how today's buyers and tenants live. Light-filled open layouts center around statement kitchens featuring large islands, custom cabinetry, premium countertops, and full appliance packages. The living and dining areas flow seamlessly, delivering functional spaces ideal for both everyday living and entertaining. Upstairs, both residences feature spacious primary suites designed as private retreats, complete with spa-style baths, walk-in showers, dual vanities, and generous closet space. Secondary bedrooms in each unit include access to private baths, offering flexibility for guests, work-from-home setups, or strong rental appeal. Additional highlights include: • Two units Each ~2,195 sqft (Total ~4,390 sqft) • Each unit offers 3 bedrooms 3.5+ baths • Attached garages • Multiple levels of living with abundant natural light • Ideal for owner-occupants, investors, or multi-generational living Positioned in one of Raleigh's most sought-after areas, this property provides immediate access to Historic Oakwood, Downtown, dining, coffee, and greenway connections. A rare opportunity to own a full duplex in a high-demand location--offering flexibility, income potential, and long-term upside. Estimated completion in early May. Availability and configuration may vary depending on stage of construction.
Courtesy: Century 21 New Beginnings
919-494-1283
Buy for Your Student, Let Roommates Help Pay the Mortgage.NC State Parent Opportunity 4BR/4BA with Private Baths. Seller offering $5,000 buyer concession - use it toward closing costs, interest rate buy-down, or updates of your choice! Ideal for NC State parents seeking housing for their student. Each bedroom features a private bath with a shared kitchen and living area, offering both privacy and functional common space and allowing roommates to contribute toward ownership costs while maintaining privacy. Second-floor condo. Current rents are $550 per room per month, increasing to $580 per room starting in August. When fully occupied, the unit offers strong income potential under the room-rental model. Recent improvements include a new roof installed by the HOA in 2025 and a water heater replaced in November 2024. Heat pump installed in 2016. Fresh paint. Professionally managed by Preiss Company, allowing parents and investors to enjoy a hands-off ownership experience. Fridge/washer/dryer convey with unit.Close to Meredith College, NCSU, Centennial Campus, downtown Raleigh, highways, shopping and only 15 minutes to RDU airport. Perfect location! Currently occupied with three tenants in place, with two tenants already leased through July 2027. Buyers are not required to retain the current tenants. For those purchasing the property for personal use or for an NCSU student and friends, Preiss Company can work with the current tenants to find alternative housing within their managed properties.
Courtesy: Corcoran DeRonja Real Estate
919-443-3123
INVESTORS--4 Bedroom/4 Bath condo near NCSU. Walking distance to NCSU bus stop and shopping center with Food Lion. Remodeled in 2023. New cabinets and countertops, dishwasher, refrigerator, paint, flooring. Plank flooring throughout, so no need to replace carpeting. Set up perfectly for roommate situations, as each bedroom (separate leases) has its own bath and walk in closet. Washer and dryer in unit. HVAC replaced in 2019, and hot water heater replaced in 2021. Roof replaced in 2018
Courtesy: Irby Stinson Realty
919-413-6402
Prime investment opportunity in highly desirable North Raleigh! Ideally located near Glenwood Avenue and Creedmoor Road, this property offers quick access to I-540, Research Triangle Park, and Raleigh-Durham International Airport. Everyday conveniences are in every direction, with abundant shopping, grocery stores, restaurants, and medical offices just minutes away. This all-brick, single-level quad features four spacious units, each offering 2 bedrooms and 2 full baths. Open living rooms with vaulted ceilings create an airy feel, while large eat-in kitchens provide excellent functionality. Generous private decks with attached storage rooms extend the living space and offer ideal areas for relaxing or entertaining. A large, level parking area provides ample spaces for residents and guests. The property is fully occupied, making this a turnkey opportunity for immediate income. Located in one of Raleigh's most established and sought-after areas, this asset offers strong tenant appeal and long-term investment potential. Don't miss your opportunity to secure a performing property in the thriving Raleigh market.
Courtesy: Choice Residential Real Estate
919-720-4991
Amazing opportunity to own a rental property with development potential in downtown Raleigh. The property is currently improved with 2 bedroom/1 bathroom duplex units and are tenant occupied, providing immediate rental income with future redevelopment possibilities. Ideal for developers seeking flexibility for higher density residential development, including duplexes, townhomes, or multifamily projects (buyer to confirm zoning, density, and permitted uses). Strong surrounding growth, with proximity to dining, entertainment, employment centers, and major roadways, making this a highly desirable location. The adjacent property, 1511 Joe Louis Ave., is also available for purchase; if acquired together, the two parcels total approximately 0.41 acres with R-10 zoning. Buyer to confirm square footage. Listing agent has not been inside the units.
Courtesy: Choice Residential Real Estate
919-720-4991
Amazing opportunity to own a rental property with development potential in downtown Raleigh. The property is currently improved with 2 bedroom/1 bathroom duplex units and are tenant occupied, providing immediate rental income with future redevelopment possibilities. Ideal for developers seeking flexibility for higher density residential development, including duplexes, townhomes, or multifamily projects (buyer to confirm zoning, density, and permitted uses). Strong surrounding growth, with proximity to dining, entertainment, employment centers, and major roadways, making this a highly desirable location. The adjacent property, 600 Sherrybrook Dr., is also available for purchase; if acquired together, the two parcels total approximately 0.41 acres with R-10 zoning. Buyer to confirm square footage. Listing agent has not been inside the units.
Courtesy: Navigate Realty
919-873-3000
Discover a rare investment opportunity in the heart of Downtown Raleigh! This fully updated duplex offers turnkey convenience with modern finishes, stainless steel appliances, and stylish furnishings throughout. Currently operating as a successful Airbnb with consistent bookings, this property is perfect for investors searching for immediate cash flow. Both units feature a super cozy layout, abundant natural light, and thoughtful upgrades. Major systems—including the roof and HVAC (2024)—have already been taken care of, giving you peace of mind for years to come. Enjoy a spacious backyard, ideal for entertaining, relaxing, or adding future enhancements. With its unbeatable downtown location, you're just steps from Raleigh's best dining, entertainment, and attractions. Whether you're expanding your portfolio or looking for a high-performing short-term rental, this duplex stands out as a truly exceptional find.
Courtesy: FAB Real Estate Services, LLC
919-262-6828
INVESTOR ALERT!!! Call or text listing agent to schedule showing to see these occupied duplexes! 2 adjoined duplexes for sale for a total of 4 units! Priced BELOW tax value! Are you looking for an investment property to add to your portfolio? This income producing property is in a fantastic location and looking for it's next owner. This 8 bed, 4 bath property is perfect for adding to your income stream. NO HOA or restrictive covenants, and on 1.24 acres!! All 4 units are on month to month leases. Call listing agent for details.
Courtesy: Compass -- Cary
919-769-1956
Priced at 1,275,000 per duplex, with the option to purchase both together for 2,550,000, 1508 and 1510 Boyer Street offer one of the most flexible and forward looking investment opportunities in Raleigh. Built in 2025, each property features two thoughtfully designed units. One unit in each building is secured with a long term lease, providing immediate and stable income. The second unit in each building is furnished and operating as a short term rental through Airbnb, with a strong performance history that continues to improve. The furnished units can be sold fully furnished, creating a true turnkey experience for the next investor or owner occupant. The versatility of these properties opens the door to multiple strategies. A buyer could live in one of the furnished units while collecting rent from the long term tenant in the adjoining unit. An investor could continue the proven combination of long term and short term rentals, maximizing cash flow. A portfolio buyer could purchase both buildings and control all four doors in a rapidly appreciating pocket of Raleigh. The location offers exceptional upside. Boyer Street sits near Raleigh's planned Bus Rapid Transit line and is surrounded by ongoing development throughout Raleigh and Southeast Raleigh. This area is experiencing significant public and private investment, increasing demand and long term value for well built and well located rental properties. Whether you are a seasoned investor or just getting started, these properties provide immediate income, flexible use options, low maintenance new construction, and prime positioning within one of Raleigh's most exciting growth corridors. Your next high performing investment is ready at 1508 and 1510 Boyer Street.
Courtesy: Compass -- Cary
919-769-1956
Priced at 1,275,000 per duplex, with the option to purchase both together for 2,550,000, 1508 and 1510 Boyer Street offer one of the most flexible and forward looking investment opportunities in Raleigh. Built in 2025, each property features two thoughtfully designed units. One unit in each building is secured with a long term lease, providing immediate and stable income. The second unit in each building is furnished and operating as a short term rental through Airbnb, with a strong performance history that continues to improve. The furnished units can be sold fully furnished, creating a true turnkey experience for the next investor or owner occupant. The versatility of these properties opens the door to multiple strategies. A buyer could live in one of the furnished units while collecting rent from the long term tenant in the adjoining unit. An investor could continue the proven combination of long term and short term rentals, maximizing cash flow. A portfolio buyer could purchase both buildings and control all four doors in a rapidly appreciating pocket of Raleigh. The location offers exceptional upside. Boyer Street sits near Raleigh's planned Bus Rapid Transit line and is surrounded by ongoing development throughout Raleigh and Southeast Raleigh. This area is experiencing significant public and private investment, increasing demand and long term value for well built and well located rental properties. Whether you are a seasoned investor or just getting started, these properties provide immediate income, flexible use options, low maintenance new construction, and prime positioning within one of Raleigh's most exciting growth corridors. Your next high performing investment is ready at 1508 and 1510 Boyer Street.
Courtesy: 1st Choice Realty of Triangle
919-475-8310
Investor Alert! Multiple Rentals Available - Duplex with strong rental history, located near I-540, Hwy 401 and the Triangle Town Center area. Situated at the end of a quiet cul-de-sac, this property features two well-maintained units. Unit A offers fresh new carpet, while Unit B has been fully renovated. The duplex also benefits from a new roof in 2020. Both units are currently leased at $1,325 each, totaling $2,650 per month. This Duplex is being sold as a package deal with 594 Cedar Lake, a 6- condo investment package in Chapel Hill. The total income from all properties is $9,875 Please do not approach tenants!
Courtesy: Compass -- Raleigh
919-726-6548
Wrenwood is where metro energy meets lakeside ease, and where Raleigh living hits its stride. Perfectly planted between Downtown Raleigh and Cary, this duet-style collection puts you minutes from the action at Fenton, the trails at Lake Johnson, and the RTP taprooms and tech hubs that keep the Triangle buzzing. Whether you're hunting for a home or a high-potential investment for your residential portfolio, Wrenwood's blend of contemporary design, connected location, and comfortable livability makes it a standout. Phase One sold out fast. Phase Two is here and move-in-ready, with new layouts offering more than 2,400 square feet of space across three bright, flexible levels. Each plan lives like a single-family home, with three bedrooms, three and a half baths, and open living areas built for real life. The kitchens are sleek, the finishes are fresh, and the vibe is modern without trying too hard. The top floor flex space gives you options, whether you're building your work-from-home empire, creating a media retreat, or giving guests their own private suite. Patios and green pockets offer outdoor moments that feel made for an Oak City autumn night. You're steps from everyday essentials and only minutes from Raleigh's best culture, food, and community hubs. Lake Johnson Park. NC State. The Museum of Art. The Fairgrounds. And a straight shot to Downtown or Cary's entertainment core. Buy here and stay. Or buy here and build something bigger. Either way, Wrenwood delivers the kind of connected living that keeps people coming back. Plus, all construction was handled by local experts who love the community as much as you will when you visit. Life on Lundy is calling, don't wait to explore the last move-in-ready homes. *All homes are complete. Floor plans are 3-4 bedrooms and can be modified to meet buyer's needs*
Courtesy: EXP Realty LLC
888-584-9431
Welcome to 1418 & 1420 Joe Louis Avenue — two beautifully crafted, newly built condos in the heart of downtown Raleigh. Each home offers 1,672 square feet of thoughtfully designed living space featuring 3 bedrooms, 2.5 bathrooms, and a dedicated home office — perfect for today's flexible lifestyle. Enjoy a spacious open-concept layout with designer finishes throughout. The walk-in pantry and generously sized closets provide exceptional storage, while large windows fill the home with natural light. Every detail has been curated for comfort, function, and style. Located just minutes from the city's best restaurants, parks, and entertainment, these modern residences blend urban convenience with a residential feel — the perfect place to call home in Raleigh's thriving downtown.
Courtesy: Abron & Associates Realty
919-788-0848
Highest and Best use is probably not the current. Excellent opportunity for tear down and redevelopment. .34-acre lot. OX-3 zoning allows many possibilities
Courtesy: RE/MAX United
919-469-4700
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..
Courtesy: Engel & Volkers Raleigh
919-391-5555
Don't miss this unique opportunity! Four adjacent lots that include TWO duplexes totaling 4 units. Sunset Hills is an established community just minutes away from Windermere Beaver Dam Park, Banbury Park, and Hymettus Woods Park. Neighboring Ridgewood Shopping center, Village district, and Downtown Raleigh will accommodate your lifestyle and social needs. Property is being sold for the value of the land-four buildable lots.
Raleigh is located in North Carolina. 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.
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.
