Brick triplex located just north of Hillsborough St and NC State in the Wilmont neighborhood. Original duplex was built in 1943, these are 2 BD/1 BA units. Rear unit added in 1985 is 2 BD/2 BA. Fully-leased and tenants pay all utilities. Leases expire: A-M/M, B-5/31/11, C-M/M. Plenty of parking in the back. Call LO for showings.
Multi-familyProperty Type
1943Year Built
Listed by Stephen Deaton• Deaton Investment Real Estate
Listed by Thomas Furlow
Bought with Deb Brown• Howard Hanna Allen Tate Raleigh Glenwood
Brick triplex located just north of Hillsborough St and NC State in the Wilmont neighborhood. Original duplex was built in 1943, these are 2 BD/1 BA units. Rear unit added in 1985 is 2 BD/2 BA. Fully-leased and tenants pay all utilities. Leases expire: A-M/M, B-5/31/11, C-M/M. Plenty of parking in the back. Call LO for showings.
Public Records
Aug 31, 2006
Sold
$318,500
Public Records
Nov 24, 1976
Sold
$34,000
Year
Property tax
Land + Additions
Assessment*
2025
$7,021 (+0.4%)
$446,250 + $351,953
$798,203
2024
$6,992 (+38.5%)
$446,250 + $351,953
$798,203
2023
$5,049 (+7.6%)
$446,250 + $351,953
$798,203
2022
$4,695 (+4.0%)
$341,250 + $116,489
$457,739
2021
$4,514 (+1.8%)
$341,250 + $116,489
$457,739
2020
$4,432 (−15.3%)
$341,250 + $116,489
$457,739
2019
$5,233 (+6.0%)
$341,250 + $116,489
$457,739
2018
$4,937 (+5.0%)
$220,000 + $226,371
$446,371
2017
$4,704 (+2.1%)
$220,000 + $226,371
$446,371
2016
$4,607 (+31.9%)
$220,000 + $226,371
$446,371
2015
$3,492 (+5.4%)
$220,000 + $226,371
$446,371
2014
$3,314 (+6.9%)
$171,120 + $160,402
$331,522
2013
$3,099
$171,120 + $160,402
$331,522
2012
$3,099 (+1.0%)
$171,120 + $160,402
$331,522
2011
$3,069
$171,120 + $160,402
$331,522
Tax history for 22 Shepherd St
Year
Property tax
Land + Additions
Assessment*
2025
$7,021 (+0.4%)
$446,250 + $351,953
$798,203
2024
$6,992 (+38.5%)
$446,250 + $351,953
$798,203
2023
$5,049 (+7.6%)
$446,250 + $351,953
$798,203
2022
$4,695 (+4.0%)
$341,250 + $116,489
$457,739
2021
$4,514 (+1.8%)
$341,250 + $116,489
$457,739
2020
$4,432 (−15.3%)
$341,250 + $116,489
$457,739
2019
$5,233 (+6.0%)
$341,250 + $116,489
$457,739
2018
$4,937 (+5.0%)
$220,000 + $226,371
$446,371
2017
$4,704 (+2.1%)
$220,000 + $226,371
$446,371
2016
$4,607 (+31.9%)
$220,000 + $226,371
$446,371
2015
$3,492 (+5.4%)
$220,000 + $226,371
$446,371
2014
$3,314 (+6.9%)
$171,120 + $160,402
$331,522
2013
$3,099
$171,120 + $160,402
$331,522
2012
$3,099 (+1.0%)
$171,120 + $160,402
$331,522
2011
$3,069
$171,120 + $160,402
$331,522
*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
2
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
1988
Sq. Ft.
3,710
Year built
1943
Style
Multi-Family (2-4 Unit)
County
Wake County
APN
0794.15 53 4027 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-6
SRPOD
Residential-6 District
R-6 allows single-unit living in a detached house, or tiny house and two-unit living in an attached house or townhouse or tiny house with a minimum lot size of 6,000 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 preserving common 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 Features: Off Street
Interior
Interior Features
Flooring: Hardwood, Tile, Vinyl
Room Information
Crawl Space
Multi-Family Financial Information
Number Of Units Total: 3
Owner Pays: None
Exterior
Building Information
Construction Materials: Brick Veneer, Masonite
Building Area Total: 0.0
Lot Information
Lot Size Acres: 0.0
Lot Size Area: 0.0
Lot Size Square Feet: 0.0
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Heating: Yes
Heating Information: Electric, Heat Pump
Cooling: Yes
Cooling Information: Central Air, Heat Pump
Location
School Information
Elementary School: Wake - Olds
Middle Or Junior School: Wake - Martin
High School: Wake - Broughton
Location Information
County Or Parish: Wake
Directions: On the first block north of Hillsborough Street on Shepherd. Property on right from Hillsborough, on left if coming from Clark Ave.
Latitude: 35.791298
Longitude: -78.678307
Postal Code: 27607
Public facts
Beds: —
Baths: 3.5
Sq. Ft.: 3,710
Stories: 2.0
Lot Size: 0.37 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1943
Year Renovated: 1988
County: Wake County
APN: 0794.15 53 4027 000
Home facts updated by county records on Aug 10, 2026
Other
Listing Date Information
Contract Status Change Date: 2011-03-23
Photos Change Timestamp: 2023-09-15T01:38:36Z
Around this home
Schools
Olds Elementary
Public PreK-5 • Assigned • 0.2mi
6/10
Martin Middle
Public 6-8 • Assigned • 1.5mi
7/10
Needham Broughton High
Public 9-12 • Assigned • 1.4mi
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
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
61% 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 • 27607
Average low and high temperatures (°F)
48
31
54
37
69
48
77
56
78
61
89
71
91
74
82
68
80
65
71
53
65
46
53
36
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
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