$1,275,000

Estimated payment $6,925/month

Total Views 1,435
6 Beds
8 Baths
4,080 Sq Ft
$312 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • No HOA
  • Tile Flooring
  • Broughton Magnet High School Rated A-
  • 1 Car Attached Garage
  • 4-minute walk to Pender Street Park

About This Home

Priced at 1,275,000 per duplex, with the option to purchase both together for 2,550,000, 1508 and 1510 Boyer Street offer one of the most flexible and forward looking investment opportunities in Raleigh. Built in 2025, each property features two thoughtfully designed units. One unit in each building is secured with a long term lease, providing immediate and stable income. The second unit in each building is furnished and operating as a short term rental through Airbnb, with a strong performance history that continues to improve. The furnished units can be sold fully furnished, creating a true turnkey experience for the next investor or owner occupant. The versatility of these properties opens the door to multiple strategies. A buyer could live in one of the furnished units while collecting rent from the long term tenant in the adjoining unit. An investor could continue the proven combination of long term and short term rentals, maximizing cash flow. A portfolio buyer could purchase both buildings and control all four doors in a rapidly appreciating pocket of Raleigh. The location offers exceptional upside. Boyer Street sits near Raleigh's planned Bus Rapid Transit line and is surrounded by ongoing development throughout Raleigh and Southeast Raleigh. This area is experiencing significant public and private investment, increasing demand and long term value for well built and well located rental properties. Whether you are a seasoned investor or just getting started, these properties provide immediate income, flexible use options, low maintenance new construction, and prime positioning within one of Raleigh's most exciting growth corridors. Your next high performing investment is ready at 1508 and 1510 Boyer Street.

Listing Agent

Annette Holt

Compass -- Cary License #231450 Listed on: 12/04/2025

Compass -- Cary

Co-Listing Agent

Davis Holt

Compass -- Cary License #275522

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,696

Year Built

  • Built in 2025

Parking

  • 1 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Membrane Roofing

Interior Spaces

  • 4,080 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Powell Elementary School
  • Ligon Middle School
  • Broughton High School

Additional Features

  • 4,356 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • College Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 171306398324000 0487227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,696

Year Built

Built in 2025

Lot Details

0

Parking

1

Listing Details

  • Year Built: 2025
  • Prop. Type: Residential Income
  • Co List Office Phone: 919-769-1956
  • Subdivision Name: College Park
  • Above Grade Finished Sq Ft: 4080.0
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • General Property Information Senior Community YN: No
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 4080.0
  • Structure Type Duplex: Yes
  • General Property Information Lot Size Square Feet2: 4356.0
  • General Property Information Lot Size Acres: 0.1
  • General Property Information:Living Area3: 4080.0
  • DelayedMarketingYN: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Roof: Membrane, Shingle
  • Acres: 0.1
  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Construction Materials:Fiber Cement: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Attached
  • Parking Features:Attached: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Ligon

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 171306398324000 0487227

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Electricity, Gas, Water

Tax Info

  • Tax Annual Amount: 2695.67
  • Tax Year: 2025
  • Tax Map Number: 334

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Wake - Powell

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $1,164 $115,000 $115,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2025 12/04/25 For Sale $1,275,000 +325.0% $313 / Sq Ft
12/15/2023 12/15/23 Off Market $300,000 -- --
12/14/2023 12/14/23 Off Market $235,000 -- --
08/03/2023 08/03/23 Sold $300,000 -14.0% -- View Prior Sale
05/24/2023 05/24/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $349,000 +48.5% --
12/10/2021 12/10/21 Sold $235,000 0.0% -- View Prior Sale
11/16/2021 11/16/21 Pending -- -- --
11/10/2021 11/10/21 Price Changed $235,000 -4.1% --
09/21/2021 09/21/21 For Sale $245,000 -- --
Source: Doorify MLS

Source: Doorify MLS

MLS Number: 10135868

Doorify MLS

APN: 1713.06-39-8324-000