Courtesy: Deaton Investment Real Estate
919-847-1117
Well-maintained, single-story triplex located in an established West Raleigh neighborhood. Built in 1984, the property consists of three identical 2-bed, 2-bath units, each approximately 1,000 square feet. The property offers investors an opportunity to acquire an income-producing asset in a desirable location convenient to NC State University, I-40, Crossroads Plaza and the surrounding Raleigh/Cary employment centers. The property has benefited from substantial capital improvements, including a major renovation program in 2016 that addressed the roof, windows, exterior siding, decks, HVAC systems, water heaters and other building components. Additional improvements from 2021 through 2026 include updated flooring, interior renovations, exterior siding replacement and a new HVAC system, helping position the property for continued long-term ownership. Currently fully leased, the property offers immediate rental income with additional flexibility as one unit is scheduled to become available in November 2026. This upcoming vacancy presents an opportunity for an owner-occupant to occupy one residence while generating rental income from the other two, or for an investor to evaluate current market rents upon turnover. Lease expiration dates and rents: A-moving out end of November ($1300 + $125/mon), B-6/30/27 ($1300 + $125/mon), C-6/30/27 ($1300 + $125/mon). Owner pays water, but all tenants pay $125/mon fee.
Courtesy: Compass -- Raleigh
919-726-6548
The final three available townhomes at City Hike are offered together as a turnkey investment portfolio near Downtown Raleigh. Two homes are currently leased at $3,195 and $3,095 per month, providing combined in-place rental income of $6,290 per month and $75,480 annually, while the the third and final unit is being leased up now by KeyRenter property management. Each completed townhome features approximately 2,300 square feet with four bedrooms and four full baths, an open-concept layout, spacious chef's kitchen, private garage and complete bedroom suites across multiple levels. Approximately 400-square-foot rooftop terraces provide generous outdoor living space and Downtown Raleigh skyline views. The homes offer contemporary architecture, thoughtfully selected designer finishes and solar-ready construction, with the ability to support optional solar and energy-monitoring features. City Hike provides convenient access to Downtown Raleigh's employment, dining, entertainment and cultural destinations, along with nearby parks and major commuter routes. This is a rare opportunity to acquire the final three residences in a completed 12-home community, combining immediate rental income with additional upside in a growing urban Raleigh location.
Courtesy: Keaton Barrow Realty
919-571-9973
20 unit apartment complex in an excellent North Raleigh location. Close proximity to shopping, restaurants and major highways. Two separate buildings with 10 units each. Each building has Six 2 bedroom/2 bathroom units and four 3 bedroom/2 Bathroom units. Units feature stainless steel appliances. Kitchens have granite countertops and island. Units have ceiling fans, walk in closets covered porches/balconies. Washer and dryer connections. 9 foot ceilings, lots of windows and LVP flooring. Financials provided upon request. Property sits on 2.06 acres.
Courtesy: Rich Realty Group
919-710-0256
Sale includes 2 parcels, 2 buildings + a garage which include 13 rental units 3021 Medlin + 3029-3035 Medlin. Building 1 @ 3021 Medlin has 9 units, all 2bed 2bath. 3029-2025 Medlin is 4 units. Property is 1.53 Acres across the 2 parcels. Preliminary subdivision plan attached for up to 6 Single Family or Duplex lots.
Courtesy: Anchored Realty Services LLC
919-623-3309
913 S Person Street Raleigh, NC Offered at $359,000 2 Bedrooms 1 Bathroom Renovated Downtown Raleigh Bungalow with Skyline Views & Private Backyard Retreat! Discover the perfect blend of historic charm, modern upgrades, and urban convenience in this beautifully renovated bungalow, just minutes from the heart of Downtown Raleigh! Flooded with natural light from oversized, energy-efficient double-pane windows, this thoughtfully designed home features an inviting open living space, beautiful hardwood floors, and a modern kitchen with white cabinetry, stone countertops, stainless steel appliances, and a breakfast bar. The spacious bathroom is a standout feature, offering an oversized double vanity with quartz countertops, contemporary finishes, and a beautifully tiled walk-in shower. Two comfortable bedrooms are thoughtfully positioned on opposite sides of the bathroom, creating a functional layout with privacy and flexibility. Step outside to your own private backyard retreat! The fenced outdoor space features a spacious entertaining area, firepit, ambient string lighting, and plenty of room to relax, host friends, or enjoy an evening under the stars. Best of all, enjoy views of the Downtown Raleigh skyline from the living room, front porch, and backyard! Location is everything! Enjoy the convenience of living just a short stroll from Transfer Co. Food Hall, local coffee shops, restaurants, and the energy of Downtown Raleigh. With a bicycle lane right outside your front door, nearby greenway access, and convenient connections to I-40, getting around couldn't be easier. Currently configured as a fully furnished rental, the property offers flexibility for buyers seeking a primary residence, downtown retreat, or investment opportunity. Property highlights: Beautifully renovated, move-in-ready bungalow Two bedrooms and a spacious, modern bathroom Oversized windows providing exceptional natural light Updated kitchen with stainless steel appliances and breakfast bar Hardwood floors and contemporary finishes throughout Oversized double vanity and tiled walk-in shower Dedicated workspace for working from home Private fenced backyard with firepit and entertaining area Downtown Raleigh skyline views Walkable to Transfer Co. Food Hall and downtown destinations Nearby bicycle routes, greenway access, and I-40 Excellent potential for owner-occupants and investors alike Urban living, modern comfort, and your own private outdoor oasis—all for $359,000. Schedule your showing and experience 913 S Person Street!
Courtesy: Parker James Properties LLC
919-771-8114
Updated Quadruplex in Prime Raleigh Location with Strong Cash Flow 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 key transit corridors. Its central location supports consistent tenant demand and long term stability. All units have been thoughtfully updated or remodeled, creating a clean, modern living experience. Recent improvements include new windows throughout the building within the last five years, enhancing energy efficiency and reducing long term operating costs. The ground level of each unit features durable LVP flooring, ideal for high traffic rental use. Each unit also includes two assigned off street parking spaces, a valuable amenity in this area. Each unit offers a highly functional two bedroom layout, with private bathroom areas (toilet + sink) for each bedroom and a shared Jack and Jill shower/tub. This configuration maximizes privacy for tenants while keeping maintenance simple and cost efficient for owners. Unit B is currently vacant and easy to show. This unit, like the others has been thoughtfully updated and shows very well. It will most likely be re-rented before the next buyer closes the transaction. The asking rent for this unit is $1,500 per month. Once rented the total rents for this property will be $5,870 per month. Tenants pay their own utilities, including garbage service, keeping operating expenses predictable and favorable for the owner. Location Benefits: Positioned in a high demand Raleigh submarket, this property offers quick access 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 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 quadruplex is a compelling addition to any rental portfolio—designed for durability, consistent occupancy, and strong income performance.
Courtesy: BEYCOME BROKERAGE REALTY LLC
804-656-5007
Walk to the park, dinner, a concert, or even to work. This home, located in Historic Boylan Heights in downtown Raleigh, is convenient to everything while keeping the charm of a small-town neighborhood. House is located on a private corner lot with low traffic and a wonderful view of Dix Hill/Dix Park. The house is currently a front/back duplex. Each apartment contains a large one-bedroom layout (approx. 800 square feet) with one full bath, living room, and an eat-in kitchen. Both units also have a washer and dryer. Live in one unit and rent the other, or the house could also easily be made back into a single-family home. Currently 1,582 square feet, and there is a large yard with room to expand. Features include a large two-car garage, wraparound front porch, and upgraded electrical and plumbing. It has a five-year-old roof and a three-year-old gas furnace. Much has been done to this house, but there is more to do. House will be sold as is. Bathrooms and kitchens are functional but could use some updating.
Courtesy: Huntley Realty
919-815-0820
Looks can be deceiving. This vintage 1940 brick 1.5 story still looks like a single family residence from the street but at some point in the past it was converted to a 4-plex. It has been well maintained (and loved) for many years. Energy Efficient windows were new in 2010. Roof new in 2017, exterior trim painted and gutters replaced in 2022, extensive plumbing upgrades including basement drainage and new water heaters in 2021. New insulation in basement in 2026. Original tubs reglazed. Termite bond . Gross monthly rent is $4,360. Owner pays electric for A & B, water for whole house, Spectrum ($85/month) for whole house, quarterly Neuse termite ($94/Qtr + $250 annual renew). C & D pay their electric bills. tenants use laundry facility in basement and can use storage. Listing Agent will meet you to show apartments, need at least 24 hour notice for tenants approval. 3 long term tenants are month to month and Apt A lease ends Oct. 31 then goes month to month. All interior pictures were taken when Apt. A was vacant in Fall 2025. No other interior shots are published out of respect to the tenants.
Courtesy: Choice Residential Real Estate
919-720-4991
Four units. One building. One very good investment opportunity. Channel your inner Wolf in Wall Street- minus the questionable decisions- and take a look at 708 Park & Oak. This renovated 4 unit condo building is being offered as one investment package, with all four units currently leased. Each townhome style condo features 2 bedrooms, 1.5 baths, renovated, and a practical layout designed for easy living and strong rental appeal. In other words: the renovation is done, the tenants are in place, and you can skip the part where someone asks, "So... what's the rehab budget?" Located in Raleigh's highly desirable Five Points area, Park & Oak puts residents close to neighborhood restaurants, shopping, parks, greenways, and all the reasons this part of Raleigh continues to be such a popular place to live. Four renovated units. Four income producing doors. One opportunity to add a turnkey asset to your portfolio. As they say in The Wolf of Wall Street: "Pick up the phone." Your next investment might just be calling.
Courtesy: Compass -- Raleigh
919-726-6548
Newly constructed student housing investment opportunity adjacent to NC State. Eight@State consists of eight purpose-built 4-bedroom, 4.5-bath townhomes (32 beds total) designed for strong student rental demand, with private bathrooms for every bedroom, attached garages, modern finishes, stainless steel appliances, in-unit washer/dryer, and low-maintenance construction. The property is already 50% leased for the 2026-2027 academic year, including three student leases and one developer-leased model home, providing immediate leasing momentum while allowing investors to complete lease-up ahead of the school year. Offered at $4,950,000, the asset is projected to achieve a 6.0% cap rate based on current market rental expectations of approximately $950 per bedroom per month. Located just minutes from NC State University with convenient access to Downtown Raleigh, I-440, shopping, dining, and public transit, Eight@State offers investors the opportunity to acquire a newly delivered, institutional-quality student housing asset with minimal deferred maintenance and significant long-term rental demand.34
Courtesy: 1st Choice Realty of Triangle
919-475-8310
Duplex with strong rental history, located near I-540, Hwy 401 and the Triangle Town Center area. Situates at the end of a quiet cul-de-sac, this property features two well-maintained units. Unit A offers fresh New Carpet and New HVAC Unit (2026) while Unit B has been Fully Renovated. The duplex benefits offer a new roof in 2020. Both units are currently leased at $1,325 each. This would be a wonderful addition to your portfolio.
Courtesy: Parker James Properties LLC
919-771-8114
Excellent opportunity to acquire a strong income producing quadplex in a centrally located Raleigh submarket. All four HVAC systems have been replaced within the past six years, significantly reducing near term capital expenditures. Each unit is clean, well maintained, and nicely updated, supporting stable tenant demand. Two units were recently vacated and are in the process of being re leased at $1,500 per month, bringing the property to a projected gross annual income of $72,000 once fully stabilized. The building sits at the end of a quiet cul de sac, offering added privacy and appeal for renters. With quick access to Capital Blvd and major Raleigh employment centers, this location consistently delivers strong rental performance and historically low vacancy rates. For investors seeking a cash flowing, mechanically updated asset with clear rent growth potential, 4300 Presley Ct is a compelling addition to any portfolio.
Courtesy: EXP Realty LLC
888-584-9431
Raleigh quadplex with immediate cash flow and opportunity for additional rental income! Three of the four 2-bedroom units are currently leased, including Unit A at $1,400/month, Unit C with a newly signed lease at $1,430/month, and Unit D on a newly signed 2-year lease at $1,650/month. Unit B is currently undergoing final cosmetic updates and will be ready for tenant placement, giving the next owner the opportunity to bring the property to full occupancy at current market rents. Significant improvements have been completed since 2022, including new siding, windows, exterior doors, gutters, updated exterior plumbing and drainage improvements. Interior renovations throughout the property include updated kitchens, stainless steel appliances, LVP flooring, plumbing and electrical updates, newer HVAC systems, and additional cosmetic improvements. Each unit features 2 bedrooms with a unique layout offering each bedroom its own private sink and toilet area with a shared connecting tub/shower. With three units leased, including a newly secured 2-year lease, substantial improvements already completed, and additional rental income potential in Unit B, 4304 Presley Court offers an attractive combination of existing cash flow, stability, and upside for its next investor. See attached improvements list for additional details.
Courtesy: Bliss & Oak Realty And Propert
919-369-1540
Attn: Investors!! Don't miss this well maintained and fully occupied townhouse duo with NO HOA or yearly assessment fees! Located just minutes from Wake Tech Community College, local shopping, WRAL Soccer Park, and the bus line, these North Raleigh homes are a perfect location for rental properties! Note: Each unit sold separately. Unit 8029, a beautiful 3 bed 2 full bath TWNH, offers a first floor master w/full bath + second floor master w/ walk-in closet and full bath. Updates include a new HVAC unit (2026), new roof (2024), a new electric water heater (2025), updated LVP flooring + carpet throughout (2025), SS appliances, and a private fenced backyard. This former duplex now TWNH, was subdivided in 2025 for individual resale and has additional 3 bed 2.5 bath attached unit (8031 Perry Creek) that is also for sale. Both townhomes are fully occupied! This is an excellent opportunity for new investors looking to start earning rental income or for those savvy and seasoned landlords desiring a turnkey portfolio. The list PRICE REFLECTS EACH UNIT. Property tax, assessed value, and acreage listed per unit as well. New survey uploaded in docs along with list of additional property improvements. Please do not disturb tenants! No sign on property at this time. NO seller financing. POF required before showing. Send all inquiries, POF, and offers to listing agent: Tanya Lynn Laton: [email protected], call/text 919-369-1540, or visit my website at www.blissoakrealty.com.
Courtesy: Bliss & Oak Realty And Propert
919-369-1540
Attn: Investors!! Don't miss this well maintained and fully occupied townhouse duo with NO HOA or yearly assessment fees! Located just minutes from Wake Tech Community College, local shopping, WRAL Soccer Park, and the bus line, these North Raleigh homes are a perfect location for rental properties! Note: Each unit sold separately. Unit 8031, a beautiful 3 bed 2.5l bath TWNH, offers a spacious layout that tenants will love, with all bedrooms upstairs and a Jack and Jill bath between the 2nd and 3rd bedrooms. Updates include a new roof (2024), updated LVP flooring + carpet throughout (2025), rebuilt chimney (2026), and a private fenced backyard. This former duplex now TWNH, was subdivided in 2025 for individual resale and has an additional 3 bed 2.5 bath attached unit (8031 Perry Creek) that is also for sale. Both townhomes are fully occupied! This is an excellent opportunity for new investors looking to start earning rental income or for those savvy and seasoned landlords desiring a turnkey portfolio. The list PRICE REFLECTS EACH UNIT. Property tax, assessed value, and acreage listed per unit as well. New survey uploaded in docs along with list of additional property improvements. Please do not disturb tenants! No sign on property at this time. NO seller financing. POF required before showing. Send all inquiries, POF, and offers to listing agent: Tanya Lynn Laton: [email protected], call/text 919-369-1540, or visit my website at www.blissoakrealty.com.
Courtesy: Ammons Pittman Property Manage
919-790-5455
Offering three units as a package, conveniently located in downtown Raleigh with quick access to NCSU, highways, shopping, restaurants and more.
Courtesy: Clifton Property Investment
919-335-6894
Turnkey investment. Furnished, income producing Airbnb with an established booking history and 5 star guest reviews. Newly renovated 3BR/2.5BA townhome in the Six Forks area, across from Shelley Lake and minutes to North Hills. Open living/dining layout, windowed kitchen with all new appliances and breakfast nook, and en suite bedrooms throughout including a primary en suite. Ideal for a buyer seeking a proven short-term rental with room to grow. Sale includes all furniture, fixtures & equipment, so there's no gap in cash flow from day one. Two free parking spaces out front.
Courtesy: Costello Real Estate & Investm
980-938-8920
Welcome to 1208 Schaub Dr, a well-located 2-bedroom, 1.5-bath condo just minutes from NC State University and less than 10 minutes from campus! This home features a comfortable, functional layout with great natural light and easy everyday living! The HVAC system was updated in August 2025, offering added peace of mind with a recent major system upgrade! The location provides quick access to shopping, dining, bus routes, and major roadways, and sits conveniently between Raleigh and Cary—keeping you close to everything without the feel of heavy or constant traffic! The community includes a swimming pool, basketball courts, and playgrounds, adding everyday convenience and lifestyle amenities right outside your door! Whether you're looking for a well-located place to call home or a property in a consistently in-demand area, this condo offers a strong opportunity in a highly connected location!
Courtesy: Compass -- Raleigh
919-726-6548
Turnkey investment opportunity with immediate rental income! This well-maintained end-unit townhome is currently leased for $1,900 per month with a lease in place through March 2027, making it an ideal addition to an investment portfolio. The property has maintained a strong rental history with no gaps in tenancy, providing consistent income and long-term rental appeal. This light-filled home offers 3 bedrooms, 2.5 bathrooms, and an open-concept layout with engineered hardwood floors throughout the main living areas. Upstairs, you'll find generously sized bedrooms, abundant storage, a convenient laundry area, and a spacious primary suite with a large ensuite bath. Enjoy a private back patio and the added convenience of an attached two-car garage. Ideally located just minutes from downtown, shopping, dining, and major highways including I-440 and I-540, this property offers a desirable location with strong rental demand. Whether you're expanding your portfolio or purchasing your first investment property, this is an excellent opportunity to acquire a cash-flowing asset with an established tenant already in place. Lease details and additional investment information are available upon request.
Courtesy: EXP Realty LLC
888-584-9431
INVESTORS! Four units, an unbeatable Downtown Raleigh location, and immediate flexibility to put your rental strategy to work. Located in Historic Oakwood, this updated quadplex offers a mix of one and two bedroom units with updated kitchens and bathrooms, refinished hardwood floors, and in-unit laundry. One unit is currently leased, while three vacant units give the next owner the opportunity to establish rents and choose their preferred leasing strategy from day one. Just blocks from Downtown Raleigh's restaurants, entertainment, parks, and employment centers, this property combines historic character, rental appeal, and long-term investment potential in one of Raleigh's most established neighborhoods.
Courtesy: Compass -- Raleigh
919-726-6548
Turnkey investment opportunity in Downtown Raleigh with immediate cash flow. This modern 4-bedroom, 4-bath townhome at City Hike is currently leased through March 31, 2027, generating $3,195/month in rental income. Ideally located just minutes from Downtown Raleigh, major employers, dining, entertainment, and the greenway system, the property offers strong long-term rental appeal in one of the Triangle's fastest-growing urban markets. The thoughtfully designed floor plan features a private bedroom suite on each level, making it well-suited for a variety of tenant profiles including roommates, professionals, and households seeking flexible living arrangements. The home features the popular "Vista" interior package with warm wood cabinetry, quartz countertops, contemporary finishes, and abundant natural light throughout. A refrigerator, washer, and dryer are already installed, and blinds are included throughout for added convenience and a truly turnkey ownership experience. Additional highlights include a private rooftop terrace, one-car garage, and energy-conscious design with solar-ready infrastructure and Tesla Powerwall compatibility. Whether you're looking to add a stable, income-producing asset to your portfolio or secure a property in a high-growth Downtown Raleigh submarket with future appreciation potential, 610 Rocky Knob Court offers immediate rental income with minimal ownership transition.
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.
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.
