SOLD AUG 14, 2026

Sold on Aug 2026

$610,000

•

2,792

sq ft

508 Ileagnes Rd, Raleigh, NC 27603

Track this home’s value and nearby sales activity

About this home

Excellent investment opportunity in a convenient and accessible Raleigh location! This fully remodeled quadplex over $180K invested sits on a spacious 0.87-acre lot, offering a rare combination of completely updated rental units, generous outdoor space, and strong long-term investment potential. Each unit features 2 bedrooms and 1 full bath and has been remodeled to provide a clean, modern, and low-maintenance living environment. Interior updates include fresh paint, durable luxury vinyl plank flooring throughout, and no carpet for easy upkeep. The updated kitchens feature brand-new stainless steel appliances, including a refrigerator, electric range, and range hood. Spacious bedrooms, full baths with shower/tub combinations, and optional washer/dryer access add everyday convenience and functionality. The large lot provides extra outdoor space for relaxing, entertaining, gardening, or enjoying the wooded setting and added privacy. Off-street parking and practical property features further enhance tenant appeal. Prime Raleigh location near Downtown Raleigh, just minutes from Garner, NC State University, shopping, dining, I-40, and surrounding areas. Fully leased and income-producing, this remodeled quadplex is ready for its next owner to start enjoying rental income from day one, while offering both immediate cash flow potential and long-term value.

Multi-familyProperty Type

1952Year Built

0.87 acresLot Size

$218Price/Sq.Ft.

4 spacesParking

Listed by Hannah Chan • Cary-Raleigh Realty, Inc.

Bought with Oscar Corrales • The Insight Group

Redfin checked: a minute ago

•Source:TMLS #10168156

Redfin Estimate

$594,527

$15K since sold in August 2026$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.7% higher than the average sale price ($477K) of 6 comparable homes.

SOLD AUG 14, 2026
$465,000
A
6 beds3 baths2,540 sq ft
4508 Greenbrier Rd, Raleigh, NC 27603
SOLD JAN 12, 2026
$560,000
B
4 beds3.5 baths2,281 sq ft
2517 Newbold St, Raleigh, NC 27603
SOLD AUG 31, 2026
$590,000
C
4 beds3.5 baths3,425 sq ft
1128 Chapanoke Rd, Raleigh, NC 27603
SOLD SEP 11, 2026
$215,200
D
3 beds2.5 baths1,802 sq ft
808 Campanella Ln, Raleigh, NC 27610
SOLD JUN 9, 2026
$415,000
E
4 beds3 baths2,401 sq ft
923 Meadowbrook Dr, Garner, NC 27529
SOLD JUL 16, 2026
$615,000
F
4 beds2.5 baths2,753 sq ft
1340 Palace Garden Way, Raleigh, NC 27603

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Market trends in 27603, NC

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.9%

0.1% MoM

Median sale price

$425K

$7K MoM

Avg. days on market

37d

2 days MoM

Recently sold homes

207

21 MoM

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Sale and tax history for 508 Ileagnes Rd

Sale History
Tax History

Date

Event

Price

TMLS #10168156

Aug 14, 2026

Sold

$610,000

$218/sq ft

Jun 26, 2026

Contingent

—

May 18, 2026

Listed

$660,000

$236/sq ft

TMLS #10098509

Dec 9, 2025

Rental Removed

$990

$0/sq ft

Nov 8, 2025

Listed for Rent

$990

$0/sq ft

Sep 9, 2025

Rental Removed

$1,095

$0/sq ft

Jul 21, 2025

Price Changed

$1,095

$0/sq ft

May 24, 2025

Listed for Rent

$1,125

$0/sq ft

TMLS #10102416

Nov 5, 2025

Rental Removed

$990

$0/sq ft

Oct 22, 2025

Price Changed

$990

$0/sq ft

Sep 20, 2025

Price Changed

$1,070

$0/sq ft

Sep 10, 2025

Price Changed

$1,085

$0/sq ft

Jun 12, 2025

Listed for Rent

$1,120

$0/sq ft

TMLS #10077583

Nov 24, 2025

Rental Removed

$990

$0/sq ft

Oct 22, 2025

Price Changed

$980

$0/sq ft

Sep 20, 2025

Price Changed

$1,060

$0/sq ft

Sep 10, 2025

Price Changed

$1,075

$0/sq ft

Apr 26, 2025

Price Changed

$1,115

$0/sq ft

Mar 17, 2025

Price Changed

$1,125

$0/sq ft

Feb 20, 2025

Listed for Rent

$1,195

$0/sq ft

TMLS #10077584

May 3, 2025

Rental Removed

$1,085

$0/sq ft

Apr 26, 2025

Price Changed

$1,085

$0/sq ft

Mar 17, 2025

Price Changed

$1,095

$0/sq ft

Feb 20, 2025

Listed for Rent

$1,185

$0/sq ft

APPFOLIO #1

May 6, 2025

Rental Removed

$1,085

$0/sq ft

May 4, 2025

Listed for Rent

$1,085

$0/sq ft

Feb 20, 2025

Rental Removed

$1,185

$0/sq ft

Feb 18, 2025

Listed for Rent

$1,185

$0/sq ft

TMLS #1856503

Apr 4, 2013

Sold

$213,000

$76/sq ft

Apr 4, 2013

Sold

$213,000

$76/sq ft

Mar 28, 2013

Pending

—

Mar 6, 2013

Contingent

—

Feb 6, 2013

Price Changed

$235,000

$84/sq ft

Sep 26, 2012

Listed

$250,000

$90/sq ft

Sep 26, 2012

Listed

$235,000

$84/sq ft

TMLS #1752226

May 21, 2012

Listing Removed

—

Oct 14, 2010

Listed

$250,000

$90/sq ft

Public Records

Jul 1, 1998

Sold

$425,000

$152/sq ft

Public Records

Dec 30, 1988

Sold

$18,000

$6/sq ft

Public Records

Dec 30, 1968

Sold

$18,000

$6/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,291 (+0.4%)

$131,024 + $237,218

$368,242

2024

$3,278 (+16.3%)

$131,024 + $237,218

$368,242

2023

$2,818 (+7.4%)

$131,024 + $237,218

$368,242

2022

$2,623 (+3.9%)

$89,214 + $161,944

$251,158

2021

$2,524 (+1.8%)

$89,214 + $161,944

$251,158

2020

$2,479 (−4.1%)

$89,214 + $161,944

$251,158

2019

$2,586 (+5.9%)

$89,214 + $161,944

$251,158

2018

$2,443 (+4.9%)

$94,076 + $122,171

$216,247

2017

$2,330 (+2.0%)

$94,076 + $122,171

$216,247

2016

$2,283 (+31.7%)

$94,076 + $122,171

$216,247

2015

$1,733 (+5.2%)

$94,076 + $122,171

$216,247

2014

$1,647 (+6.7%)

$52,008 + $107,685

$159,693

2013

$1,544

$52,008 + $107,685

$159,693

2012

$1,544 (+1.0%)

$52,008 + $107,685

$159,693

2011

$1,529

$52,008 + $107,685

$159,693

Public record

Public record
Zoning

Beds

—

Baths

3.5

Stories

Lot width

—

Lot depth

—

Lot size

0.87 Acres

Year renovated

1952

Sq. Ft.

2,762

Year built

1952

Style

Multi-Family (2-4 Unit)

County

Wake County

APN

1702.10 36 8432 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 10, 2026.

R-10-CU

TOD

Residential-10 District-Conditional Use

Subject to the density restriction of 10 units per acre, R-10 allows single-unit living in a detached house with a minimum lot size of 4,000 square feet and 2-unit living in an attached house with a minimum lot size of 6,000 square feet. 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 and increased density as part of a conservation development or cottage court are allowed in exchange for preserving common open space.; Each conditional district (bearing the designated CU on the Official Zoning Map) corresponds to a general use district. All zoning requirements that apply to the general use district are also applicable to the corresponding conditional district unless adopted conditions are more restrictive.

Zone overlays

Transit 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
Open Parking: Yes
Open Parking Spaces: 4
Parking Features: Off Street

Interior

Bathroom Information
Bathrooms Full: 4

Bedroom Information
Bedrooms Total: 8

Interior Features
Flooring: Luxury Vinyl

Multi-Family Financial Information
Number Of Units Total: 4
Owner Pays: None

Exterior

Building Information
Number Of Buildings: 1
Construction Materials: Brick
Building Area Total: 2792.0
Structure Type: Quadruplex

Exterior Features
Patio and Porch Features: Deck
Roof: Shingle

Property information
Living Area: 2,792
Above Grade Finished Area: 2792.0
Above Grade Finished Area Source: Appraiser
Below Grade Finished Area: 0.0
Levels: One

Lot Information
Lot Size Acres: 0.87
Lot Size Area: 0.87
Lot Size Square Feet: 37897.0
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: 3291.44

Financial Information
Buyer Financing: Conventional

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public

Heating & Cooling
Heating: Yes
Heating Information: Forced Air
Cooling: Yes
Cooling Information: Ceiling Fan(s), Central Air, Zoned

Location

HOA Information
Association: No

Location Information
County Or Parish: Wake
Directions: Starting from 7-Eleven Fuel, exit the parking lot toward US-401 S/US-70 E, then turn right onto US-401 S/US-70 E. Continue and turn right onto Ileagnes Rd, then turn right. The destination will be on the left.
Latitude: 35.7455
Longitude: -78.649993
Postal Code: 27603
Road Responsibility: Public Maintained Road

Public facts

Beds: —
Baths: 3.5
Sq. Ft.: 2,762
Stories: 1.0
Lot Size: 0.87 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1952
Year Renovated: 1952
County: Wake County
APN: 1702.10 36 8432 000

Home facts updated by county records on Aug 10, 2026

Other

Listing Date Information
Contract Status Change Date: 2026-08-14
Documents Change Timestamp: 2026-05-21T19:12:50Z
Photos Change Timestamp: 2026-05-18T20:35:19Z

Around this home

Schools

Salem Elementary

Public PreK-5 • Assigned • 11.3mi

9/10

Salem Middle

Public 6-8 • Assigned • 11.2mi

10/10

Athens Drive High

Public 9-12 • Assigned • 3.8mi

8/10

Provided by GreatSchools

Climate risks

10/10 Flood Factor

Estimated 80%+ chance 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

53% 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

89/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.5 hrs

6.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$565,000 – $684,000

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New listings for sale in 27603

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NEW 11 HRS AGO

$559,000

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NEW 15 HRS AGO

$415,000

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10008 Jordan Rd, Raleigh, NC 27603

NEW 18 HRS AGO

$475,000

3 beds2.5 baths2,461 sq ft

148 Amber Acorn Ave, Raleigh, NC 27603

OPEN TODAY, 12PM TO 3PM

$519,000

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OPEN TODAY, 1PM TO 3PM

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1027 Renewal Pl, Raleigh, NC 27603

3D WALKTHROUGH

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4 beds3 baths2,689 sq ft

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$469,900

4 beds2.5 baths2,426 sq ft

824 Elbridge Dr, Raleigh, NC 27603

Home values near 508 Ileagnes Rd

Data from public records.

Address	Redfin Estimate
525 Ileagnes Rd, Raleigh, NC - Beds \| - Baths \| 2240 Sq. Ft.	$373,454
129 Ileagnes Rd, Raleigh, NC - Beds \| 2 Baths \| 1096 Sq. Ft.	$248,348

Address	Redfin Estimate
529 Ileagnes Rd, Raleigh, NC - Beds \| - Baths \| - Sq. Ft.	$475,051
605 Ileagnes Rd, Raleigh, NC 4 Beds \| 3.5 Baths \| 1110 Sq. Ft.	$323,434

Address	Redfin Estimate
608 Ileagnes Rd, Raleigh, NC 3 Beds \| 1.5 Baths \| 1080 Sq. Ft.	$267,592
521 Ileagnes Rd, Raleigh, NC - Beds \| - Baths \| - Sq. Ft.	$376,170

Property information provided by TMLS when last listed in 2025. This data may not match . Learn more.

Listing provided courtesy of: REFOLIO Properties Inc.

Listing agent: Leo Chan

© 2026 Triangle MLS, Inc. of North Carolina. All rights reserved. The data relating to real estate for sale on this web site comes from the Internet Data Exchange™ Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange™ thumbnail logo (

) and detailed information about them includes the name of the listing firms.

Last Updated: 2025-12-10T02:15:03.436Z

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508 Ileagnes Rd, Raleigh, NC 27603

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About this home

Redfin Estimate

Market trends in 27603, NC

Homeowner tools

Sale and tax history for 508 Ileagnes Rd

Public record

Property details

Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

Other

Around this home

Schools

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 27603

Home values near 508 Ileagnes Rd

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