Investment Property in Prime Raleigh Location w/ POSITIVE CASH FLOW!!! Single story Quad with 2 BD/1BA in each of the units. Recently updated interiors bringing in over $4,000/month in income w/ potential for more w/ 0% vacancy rate! Two leases end April 2022 & 3rd ends May 2022. Fourth unit is currently month to month. Tenants pay their own utilities. Many updates throughout!
*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
0.42 Acres
Year renovated
2002
Sq. Ft.
3,136
Year built
1982
Style
Multi-Family (2-4 Unit)
County
Wake County
APN
1726.13 12 1724 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2026.
RX-3
Residential Mixed Use District-3 Stories
RX is a mixed residential district intended to provide for a variety of residential building types and housing options at density in excess of 10 du per acre.; RX can serve as a land use transition between other mixed use districts and residential neighborhoods.; RX allows limited retail and services subject to use standards that limit the size and scale to the ground floor corner unit of an apartment building.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Lodging & hospitality
Public service-Other
Recreation-Other
Park & open space
Property details
Parking
Parking
# of Parking (Total): 1
Interior
Room Information
Basement Information: Crawl Space
Interior Features
Flooring: Carpet
Multi Unit Information
# Of Units Total: 4
Exterior
Building Information
Construction Details: Masonite
Financial
Assessment
Assessed Value: $292,579
Tax Information
Annual Amount: $2,926
Tax Year: 2021
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Electric
Location
School
Elementary School: Wake - Lynn Road
Middle Or Junior School: Wake - Carroll
High School: Wake - Sanderson
Public facts
Beds: —
Baths: 3.5
Sq. Ft.: 3,136
Stories: 1.0
Lot Size: 0.42 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1982
Year Renovated: 2002
County: Wake County
APN: 1726.13 12 1724 000
Home facts updated by county records on Aug 11, 2026
Around this home
Schools
Lynn Road Elementary
Public PreK-5 • Assigned • 4.7mi
7/10
Carroll Middle
Public 6-8 • Assigned • 2.8mi
5/10
Sanderson High
Public 9-12 • Assigned • 3.4mi
6/10
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
7/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
50% 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 • 27604
Average low and high temperatures (°F)
49
29
54
35
70
46
76
54
78
60
89
69
90
73
82
67
80
63
72
52
65
44
53
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
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