ALL OF OUR LISTINGS ARE SOLD 'AS IS' AND ALL INSPECTIONS SHOULD BE DONE PRIOR TO GOING UNDER CONTRACT. NO FINANCING CONTINGENCY/ APPRAISAL OKAY. LOW MAINTENANCE BRICK EXTERIOR. TWO LONG-TERM TENANTS. LEASE EXP. : UNIT A - 5/31/06 (TENANT OVER 3 YRS), UNIT B AND C - VACANT (RENT REFLECTS MKT RENT), UNIT D - M/M (TENANT OVER 3 YRS).
Multi-familyProperty Type
1984Year Built
0.41 acresLot Size
$165Est. Price/Sq.Ft.
Source:AMLSNC #857494
Redfin Estimate
$581,979
$362K since sold in June 2009$8,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 5.8% lower than the average sale price ($618K) of 6 comparable homes.
ALL OF OUR LISTINGS ARE SOLD 'AS IS' AND ALL INSPECTIONS SHOULD BE DONE PRIOR TO GOING UNDER CONTRACT. NO FINANCING CONTINGENCY/ APPRAISAL OKAY. LOW MAINTENANCE BRICK EXTERIOR. TWO LONG-TERM TENANTS. LEASE EXP. : UNIT A - 5/31/06 (TENANT OVER 3 YRS), UNIT B AND C - VACANT (RENT REFLECTS MKT RENT), UNIT D - M/M (TENANT OVER 3 YRS).
Public Records
Mar 15, 1993
Sold
$137,500
$39/sq ft
Public Records
Dec 31, 1985
Sold
$182,000
$51/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,542 (+0.4%)
$166,250 + $345,415
$511,665
2024
$4,524 (+23.8%)
$166,250 + $345,415
$511,665
2023
$3,654 (+7.5%)
$166,250 + $345,415
$511,665
2022
$3,400 (+4.0%)
$80,750 + $247,109
$327,859
2021
$3,270 (+1.8%)
$80,750 + $247,109
$327,859
2020
$3,212 (+3.3%)
$80,750 + $247,109
$327,859
2019
$3,109 (+5.9%)
$57,000 + $222,398
$279,398
2018
$2,936 (+4.9%)
$66,500 + $194,895
$261,395
2017
$2,799 (+2.1%)
$66,500 + $194,895
$261,395
2016
$2,743 (+12.5%)
$66,500 + $194,895
$261,395
2015
$2,439 (+5.3%)
$66,500 + $194,895
$261,395
2014
$2,317 (+6.8%)
$76,000 + $151,853
$227,853
2013
$2,169
$76,000 + $151,853
$227,853
2012
$2,169 (+1.0%)
$76,000 + $151,853
$227,853
2011
$2,148
$76,000 + $151,853
$227,853
Tax history for 2541 Lake Wheeler Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,542 (+0.4%)
$166,250 + $345,415
$511,665
2024
$4,524 (+23.8%)
$166,250 + $345,415
$511,665
2023
$3,654 (+7.5%)
$166,250 + $345,415
$511,665
2022
$3,400 (+4.0%)
$80,750 + $247,109
$327,859
2021
$3,270 (+1.8%)
$80,750 + $247,109
$327,859
2020
$3,212 (+3.3%)
$80,750 + $247,109
$327,859
2019
$3,109 (+5.9%)
$57,000 + $222,398
$279,398
2018
$2,936 (+4.9%)
$66,500 + $194,895
$261,395
2017
$2,799 (+2.1%)
$66,500 + $194,895
$261,395
2016
$2,743 (+12.5%)
$66,500 + $194,895
$261,395
2015
$2,439 (+5.3%)
$66,500 + $194,895
$261,395
2014
$2,317 (+6.8%)
$76,000 + $151,853
$227,853
2013
$2,169
$76,000 + $151,853
$227,853
2012
$2,169 (+1.0%)
$76,000 + $151,853
$227,853
2011
$2,148
$76,000 + $151,853
$227,853
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Interior
Basement Information
Basement Type: Crawl-Space
Bathroom Information
# of Full Baths: 3
# of 1/2 Baths: 1
# of Bathroom Fixtures: 39
Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Gas
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 16
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: Conventional
Exterior Wall: Frame Brick
Roof Shape Type: Gable
Building Type: Four Family
Property Information
Subdivision Name: INWOOD FOREST SUB
Living Sq. Ft: 3,534
Building Sq. Ft: 3,534
# of Units: 4
# of Stories: 2
Stories Type: 2
Legal Description: LO2-A INWOOD FOREST SUB BM1983-1398
Lot Information
# of Buildings: 1
Land Sq. Ft: 17,860
Legal Lot Number: 2-A
Municipality Name: RALEIGH
Acres: 0.41
Zoning Code: R-10
County Use Description: RESIDENTIAL-4 FAMILY
Utility Information
Utility Type: All
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 3.5
Sq. Ft.: 3,534
Stories: 2.0
Lot Size: 0.41 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1984
Year Renovated: 1989
County: Wake County
APN: 0792.11 56 9431 000
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Yates Mill Elementary
Public PreK-5 • Assigned • 3.0mi
7/10
Dillard Drive Middle
Public 6-8 • Assigned • 2.7mi
7/10
Athens Drive High
Public 9-12 • Assigned • 2.5mi
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
55% 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
72
82
67
81
62
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
$553,000 – $670,000
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