Cash flow quads in the heart of Raleigh. All ranches style one floor living area. Each unit is 2 bedroom 2 bath. Fridge, stove included. Washer and dryer hook up. 4 units are fully renovated. 1909 D left vacant for showing. If fully rented gross rent can be $3895. Market rent is $1100-$1200. Unit B and Unit C are section 8.NO HOA. Same owner is also selling 1913 Tischer and 1917 Tischer.
Multi-familyProperty Type
1983Year Built
3 spacesParking
Listed by Iris Lee• Sunshine Properties LLC
Bought with Carolyn Graven• Keller Williams Preferred Realty
Cash flow quads in the heart of Raleigh. All ranches style one floor living area. Each unit is 2 bedroom 2 bath. Fridge, stove included. Washer and dryer hook up. 4 units are fully renovated. 1909 D left vacant for showing. If fully rented gross rent can be $3895. Market rent is $1100-$1200. Unit B and Unit C are section 8.NO HOA. Same owner is also selling 1913 Tischer and 1917 Tischer.
TMLS #2355862
Mar 9, 2021
Sold
$1,380,000
Mar 9, 2021
Sold
$1,380,000
Feb 12, 2021
Pending
—
Dec 24, 2020
Contingent
—
Dec 2, 2020
Price Changed
$1,500,000
Dec 1, 2020
Listed
$15,000,000
Dec 1, 2020
Listed
$1,500,000
Hard to find 12 units are sold at once, money maker, in the heart of Raleigh, 4 unites are fully renovated and 8 unites need an updates, which the seller will provide assistant with it. all ranches style one floor living area. NO HOA. 4 unites are new leases 8 unites are old leases. selling all of them.
Public Records
Nov 20, 2019
Sold
$930,000
Public Records
Mar 24, 2004
Sold
$222,500
Public Records
Dec 13, 2002
Sold
$220,000
Public Records
Apr 24, 1997
Sold
$171,000
Year
Property tax
Land + Additions
Assessment*
2025
$5,195 (+0.4%)
$175,000 + $411,496
$586,496
2024
$5,174 (+10.4%)
$175,000 + $411,496
$586,496
2023
$4,685 (+7.5%)
$175,000 + $411,496
$586,496
2022
$4,358 (+33.5%)
$85,000 + $337,521
$422,521
2021
$3,266 (+1.8%)
$85,000 + $242,395
$327,395
2020
$3,207 (+28.4%)
$85,000 + $242,395
$327,395
2019
$2,499 (+5.9%)
$85,000 + $242,395
$327,395
2018
$2,360 (+4.8%)
$70,000 + $138,695
$208,695
2017
$2,251 (+2.0%)
$70,000 + $138,695
$208,695
2016
$2,206 (−9.4%)
$70,000 + $138,695
$208,695
2015
$2,435 (+5.3%)
$70,000 + $138,695
$208,695
2014
$2,312 (+6.8%)
$76,000 + $151,429
$227,429
2013
$2,165
$76,000 + $151,429
$227,429
2012
$2,165 (+1.0%)
$76,000 + $151,429
$227,429
2011
$2,144
$76,000 + $151,429
$227,429
Tax history for 1909 Tischer Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,195 (+0.4%)
$175,000 + $411,496
$586,496
2024
$5,174 (+10.4%)
$175,000 + $411,496
$586,496
2023
$4,685 (+7.5%)
$175,000 + $411,496
$586,496
2022
$4,358 (+33.5%)
$85,000 + $337,521
$422,521
2021
$3,266 (+1.8%)
$85,000 + $242,395
$327,395
2020
$3,207 (+28.4%)
$85,000 + $242,395
$327,395
2019
$2,499 (+5.9%)
$85,000 + $242,395
$327,395
2018
$2,360 (+4.8%)
$70,000 + $138,695
$208,695
2017
$2,251 (+2.0%)
$70,000 + $138,695
$208,695
2016
$2,206 (−9.4%)
$70,000 + $138,695
$208,695
2015
$2,435 (+5.3%)
$70,000 + $138,695
$208,695
2014
$2,312 (+6.8%)
$76,000 + $151,429
$227,429
2013
$2,165
$76,000 + $151,429
$227,429
2012
$2,165 (+1.0%)
$76,000 + $151,429
$227,429
2011
$2,144
$76,000 + $151,429
$227,429
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
3.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.4 Acres
Year renovated
2003
Sq. Ft.
3,132
Year built
1983
Style
Multi-Family (2-4 Unit)
County
Wake County
APN
0792.11 66 6392 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-10
SRPOD
Residential-10 District
R-10 allows single-unit living in a detached house, or tiny house, and twounit living in an attached house or townhouse or tiny house with a minimum lot size of 4,000 sq ft. Multi-unit living is also allowed in a townhouse or apartment. Smaller minimum lot sizes are permitted as part of a compact development.; Smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space. Smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space.; Dimensional standards, maximum density, and allowed uses may be modified for the R- 10 district within the TOD overlay to enable transitoriented development.; R-10 allows single-unit living in a detached house, or tiny house and two-unit living in an attached house or tiny house with a minimum lot size of 4,000 sq ft. Multi-unit living is also allowed in a townhouse.; Smaller minimum lot sizes are permitted as part of a compact development.; Additional building types, and smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preservingcommon open space.; Dimensional standards, maximum density, allowed building types, and allowed uses may be modified for the R-6 district within the TOD overlay or Frequent Transit Areas identified in the City’s Comprehensive Plan to enable transit oriented development.
Zone overlays
Special Residential Parking Overlay District
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Property details
Parking
Parking Information
Parking Total: 3
Interior
Interior Features
Fireplace: Yes
Flooring: Luxury Vinyl, Vinyl
Multi-Family Financial Information
Number Of Units Total: 4
Owner Pays: None
Exterior
Building Information
Construction Materials: Brick
Building Area Total: 0.0
Exterior Features
Foundation Details: Slab
Lot Information
Lot Size Acres: 0.0
Lot Size Area: 0.0
Lot Size Square Feet: 0.0
Financial
Tax Information
Tax Annual Amount: 3207.0
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Heating: Yes
Heating Information: Electric, Heat Pump
Cooling: Yes
Cooling Information: Central Air
Location
School Information
Elementary School: Wake - Penny
Middle Or Junior School: Wake - Apex
High School: Wake - Apex Friendship
Location Information
County Or Parish: Wake
Directions: From I-440 beltline take Lake Wheeler Rd exit south towards Tryon Rd. Take a left on PeachCreek Ct, Right on Tischer Road.
Latitude: 35.745261
Longitude: -78.674208
Postal Code: 27603
Public facts
Beds: —
Baths: 3.5
Sq. Ft.: 3,132
Stories: 1.0
Lot Size: 0.4 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1983
Year Renovated: 2003
County: Wake County
APN: 0792.11 66 6392 000
Home facts updated by county records on Aug 10, 2026
Other
Listing Date Information
Contract Status Change Date: 2022-01-06
Documents Change Timestamp: 2023-11-28T23:33:31Z
Photos Change Timestamp: 2023-11-28T23:32:55Z
Around this home
Schools
Penny Road Elementary
Public K-5 • Assigned • 7.2mi
4/10
Apex Middle
Public 6-8 • Assigned • 9.8mi
10/10
Apex High
Public 9-12 • Assigned • 9.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
59% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27603
Average low and high temperatures (°F)
49
28
55
35
70
45
77
54
79
59
90
68
91
73
82
67
81
64
73
51
66
43
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
8.9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$635,000 – $768,000
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