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.
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.
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.
Calling all investors. Eight 3 bedroom 1 bath units in one of the hottest zip codes in Raleigh. Walk to downtown Raleigh restaurants and entertainment. Minutes to shopping in the Village, 440, Midtown Raleigh and the inner beltline. Minutes to NCSU, William Peace and Meredith Colleges. Ten minutes to North Hills.
1612-1618 Boyer Street presents an investor-ready quadplex portfolio in one of Raleigh's fastest-growing corridors, surrounded by new residential and commercial development. This property features four updated 2-bedroom, 1-bathroom units, each equipped with in-unit washer and dryer, modern finishes, and dedicated parking with additional side parking for tenants and guests. All units underwent major updates in 2020, and 1618 and 1616 Boyer received further renovations in 2025, allowing for an immediate $250 per-unit rent increase. To prepare the property for its next owner, two units were strategically bought out to complete these improvements, ensuring a seamless handoff to the next investor. One of those units is now being re-leased at the new higher rent, validating the area's strong rental growth and setting the stage for top-market performance. Just behind the property sits 15 Fisher Street, a triplex that can be purchased together with Boyer to form a 7-unit portfolio with a combined pro forma NOI of approximately $120,000 per year. 15 Fisher must be a cash purchase but can be negotiated into the overall acquisition price, offering buyers a rare multi-property opportunity in a thriving, high-demand area.
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.
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.
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.
This beautiful NCSU cash-flow student rental is in amazing shape. beautiful original hardwood floors support 6 large bedrooms in comfort and style. Walk to NCSU and all the extras that are near. (Jade Garden the bakery, etc) income is $6500/mo. with leases until next (2027 School year) July at $6750. There is an easement that allows the neighbor to use the shared driveway.
These striking duet-style homes deliver a rare combination: designer details, modern minimalism, and outdoor space that opens up in a way most DTR homes simply can't. Delivered by a trusted local builder and brought to market by local experts, your next-level neighborhood never shies away from a chance to show off the best Oak City offers new homebuyers & investors. Think three stories of sun-soaked sophistication, high-end finishes, and the kind of easy upkeep that gives you back your weekends. Here, your comfort was considered in every design choice. Custom-built-ins and cozy alcoves invite you to make this space your own, while ample suites spread between levels ensure everyone enjoys their own space. Inside, oversized windows, a central chef's kitchen, and an open-concept layout make hosting or hanging a breeze. Gather around the fireplace, statement island, designated dining nook, or retreat to any of the three outdoor spaces for fresh air. Grill on the deck, play games in your fenced-in backyard, or relax under a covered patio, enjoying the flexibility and alfresco accessibility that's increasingly hard to find this close to the city's core. Speaking of, Oakway puts Downtown Raleigh's vibrant scene at your front door, meaning you're seconds from award-winning restaurants, endless shopping, and fun for all ages. Yet back home, it feels like your own private pocket of peace. With prices starting in the mid-$500Ks, Oakway's duet-style dwellings offer a rare opportunity: live in a million-dollar neighborhood at a value that lets you invest in the lifestyle, not just the location. When it comes to embracing the best of DTR? There's the average way, and there's the Oakway. Tour move-in-ready homes today!
Two—fully leased, four bedroom side-by-side townhomes—now available for purchase in North Raleigh. Both are Developer owned, and fully leased until 2026. This new home community is situated in close proximity to I-540, perfect for an investment as Raleigh continues growth beyond the beltline. Nearly new construction = nearly no maintenance for those looking to self-manage and optimize cash flow. At Durant, hybrid adaptability meets urban accessibility for tenants expanding their footprint or embracing WFH lifestyles. From 9 to 5 - ample SQ FT prioritizes their passions; providing adaptable space for any home office, gym or studio. But after clocking out? Adventure awaits. Escape to 237 acres of nearby trails, lakes and green space, or hop on I-540 to explore endless shopping/dining at Triangle Town Center, Lafayette Village and more. A community dog park and dedicated parking allow you to compete in today's rental market—experience everything #DurantDelivers.
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!
These striking duet-style homes deliver a rare combination: designer details, modern minimalism, and outdoor space that opens up in a way most DTR homes simply can't. Delivered by a trusted local builder and brought to market by local experts, your next-level neighborhood never shies away from a chance to show off the best Oak City offers new homebuyers & investors. Think three stories of sun-soaked sophistication, high-end finishes, and the kind of easy upkeep that gives you back your weekends. Here, your comfort was considered in every design choice. Custom-built-ins and cozy alcoves invite you to make this space your own, while ample suites spread between levels ensure everyone enjoys their own space. Inside, oversized windows, a central chef's kitchen, and an open-concept layout make hosting or hanging a breeze. Gather around the fireplace, statement island, designated dining nook, or retreat to any of the three outdoor spaces for fresh air. Grill on the deck, play games in your fenced-in backyard, or relax under a covered patio, enjoying the flexibility and alfresco accessibility that's increasingly hard to find this close to the city's core. Speaking of, Oakway puts Downtown Raleigh's vibrant scene at your front door, meaning you're seconds from award-winning restaurants, endless shopping, and fun for all ages. Yet back home, it feels like your own private pocket of peace. With prices starting in the mid-$500Ks, Oakway's duet-style dwellings offer a rare opportunity: live in a million-dollar neighborhood at a value that lets you invest in the lifestyle, not just the location. When it comes to embracing the best of DTR? There's the average way, and there's the Oakway. Tour move-in-ready homes today!
*19 units sold, this listing is for the remaining 7 homes, all completed in 2025* 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*
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.
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
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..
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.
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.
Unique opportunity 2 houses in 1. Zoned OX Mixed Use offers flexibility with some business options. Area currently has salon, attorney offices and non profit offices. Main house is 3388 sqft w/5bedrooms. Carriage house is 670 sqft 1B/1B. In the Historic district of Oakwood this wrap around porch is what southern dreams are made of. Entertain inside or outside. Gorgeous pine flooring and beautiful century old details. Hard to find driveway space for at least 2 cars plus free/no permit required street parking. Walk to Transfer Food Hall, Fayetteville St, Person St District shops, Museums. Carriage house could make a highly profitable short term rental but has been successful as an annual rental also.
Duplex in Downtown! Come and see this high potential investment gem today.
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.
AMAZING OPPORTUNITY! This beautiful all brick Duplex is in an extremely fantastic location and sold as-is. Both units are occupied month to month, both units well maintained. Showings can be arranged for serious interest only (24hr notice). Other unit address is 2829 1/2 Mayview. Rents can be increased.
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.
Endless opportunities in one of the most walkable neighborhoods in Raleigh! Single family home with accessory duplex dwelling in back. Lots of potential options with new Raleigh code changes. Walkable to NCSU. Seller to do No repairs. Sold AS-IS. Owner is agent.

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.