Brick, one-story duplex in east Raleigh. Units are 2 BD/1 BA with hardwood floors. $700 is market rent estimate (without renovations). Both units are currently vacant. Property offers a good value-add opportunity.
Multi-familyProperty Type
1947Year Built
Listed by Thomas Furlow• Deaton Investment Real Estate
Listed by Stephen Deaton• Deaton Investment Real Estate
Bought with Stephen Deaton• Deaton Investment Real Estate
Brick, one-story duplex in east Raleigh. Units are 2 BD/1 BA with hardwood floors. $700 is market rent estimate (without renovations). Both units are currently vacant. Property offers a good value-add opportunity.
TMLS #817258
Sep 29, 2005
Sold
$124,000
Sep 29, 2005
Sold
$124,000
Aug 11, 2005
Listing Removed
—
Aug 7, 2005
Listed
$133,500
Aug 7, 2005
Listed
$133,500
Fully rented Brick Duplex with good rental history. Storm doors front and back. New HVAC both units. Both units have updated stove, refrigerator, stacking washer/dryer and water heater. Bath updates attic pulldown for storage. Owner retiring offers 80% owner financing to qualified buyer. No lock box. Agent must be present to show. 24 hour notice required.
TMLS #780851
Mar 31, 2005
Listing Removed
—
Jan 14, 2005
Listed
$135,500
TMLS #749467
Jan 14, 2005
Listing Removed
—
Jun 13, 2004
Listed
$129,900
Public Records
Jun 2, 1987
Sold
$64,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,133 (+0.4%)
$230,000 + $124,616
$354,616
2024
$3,120 (+37.9%)
$230,000 + $124,616
$354,616
2023
$2,262 (+7.5%)
$230,000 + $124,616
$354,616
2022
$2,104 (+4.0%)
$120,000 + $83,889
$203,889
2021
$2,024 (+1.8%)
$120,000 + $83,889
$203,889
2020
$1,988 (+37.7%)
$120,000 + $83,889
$203,889
2019
$1,443 (+5.9%)
$120,000 + $83,889
$203,889
2018
$1,363 (+4.9%)
$36,000 + $85,094
$121,094
2017
$1,300 (+2.1%)
$36,000 + $85,094
$121,094
2016
$1,273 (−11.0%)
$36,000 + $85,094
$121,094
2015
$1,430 (+5.3%)
$36,000 + $85,094
$121,094
2014
$1,358 (+6.8%)
$36,000 + $98,300
$134,300
2013
$1,271
$36,000 + $98,300
$134,300
2012
$1,271 (+1.0%)
$36,000 + $98,300
$134,300
2011
$1,259
$36,000 + $98,300
$134,300
Tax history for 216 Colleton Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,133 (+0.4%)
$230,000 + $124,616
$354,616
2024
$3,120 (+37.9%)
$230,000 + $124,616
$354,616
2023
$2,262 (+7.5%)
$230,000 + $124,616
$354,616
2022
$2,104 (+4.0%)
$120,000 + $83,889
$203,889
2021
$2,024 (+1.8%)
$120,000 + $83,889
$203,889
2020
$1,988 (+37.7%)
$120,000 + $83,889
$203,889
2019
$1,443 (+5.9%)
$120,000 + $83,889
$203,889
2018
$1,363 (+4.9%)
$36,000 + $85,094
$121,094
2017
$1,300 (+2.1%)
$36,000 + $85,094
$121,094
2016
$1,273 (−11.0%)
$36,000 + $85,094
$121,094
2015
$1,430 (+5.3%)
$36,000 + $85,094
$121,094
2014
$1,358 (+6.8%)
$36,000 + $98,300
$134,300
2013
$1,271
$36,000 + $98,300
$134,300
2012
$1,271 (+1.0%)
$36,000 + $98,300
$134,300
2011
$1,259
$36,000 + $98,300
$134,300
*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
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
1974
Sq. Ft.
1,624
Year built
1947
Style
Multi-Family (2-4 Unit)
County
Wake County
APN
1714.19 50 0068 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-10
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.
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 Features: Off Street
Interior
Interior Features
Flooring: Hardwood, Vinyl
Room Information
Crawl Space
Multi-Family Financial Information
Number Of Units Total: 2
Owner Pays: None
Exterior
Building Information
Construction Materials: Brick
Building Area Total: 0.0
Lot Information
Lot Size Acres: 0.0
Lot Size Area: 0.0
Lot Size Square Feet: 0.0
Financial
Tax Information
Tax Annual Amount: 1430.0
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Heating: Yes
Heating Information: Forced Air, Natural Gas
Cooling: Yes
Cooling Information: Central Air
Location
School Information
Elementary School: Wake County Schools
Middle Or Junior School: Wake County Schools
High School: Wake County Schools
Location Information
County Or Parish: Wake
Directions: From North Raleigh Blvd, turn East on Oakwood then right on Colleton. Property will be on your left.
Latitude: 35.782878
Longitude: -78.612098
Postal Code: 27610
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,624
Stories: 1.0
Lot Size: 0.32 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1947
Year Renovated: 1974
County: Wake County
APN: 1714.19 50 0068 000
Home facts updated by county records on Aug 10, 2026
Other
Listing Date Information
Contract Status Change Date: 2016-10-26
Photos Change Timestamp: 2023-11-28T21:50:56Z
Around this home
Schools
Hunter Elementary School
Public PreK-5 • Assigned • 0.8mi
8/10
Ligon Middle
Public 6-8 • Assigned • 1.1mi
7/10
William G Enloe High
Public 9-12 • Assigned • 0.5mi
7/10
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
6 days above 106° expected this year, 15 days in 30 years
6/10 Wind Factor
64% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27610
Average low and high temperatures (°F)
49
29
54
35
70
46
77
54
78
60
89
68
90
73
84
68
81
64
72
51
66
44
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$391,000 – $473,000
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