$1,270,000
$5K PRICE DROP

Estimated payment $7,199/month

Total Views 20,991
6 Beds
8 Baths
4,080 Sq Ft
$311 Price per Sq Ft

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • Broughton Magnet High School Rated A-
  • Tile Flooring
  • 4-minute walk to Pender Street Park

About This Home

Priced at $1,270,000 per duplex, with the opportunity to purchase both for $2,540,000, 1508 and 1510 Boyer Street offer a unique combination of immediate income, flexibility, and long-term investment potential. Together, the four units are currently generating average gross rents of more than $13,000 per month. Built in 2025, each duplex features two thoughtfully designed units with an established rental strategy already in place. One unit in each building is secured by a long-term lease, providing consistent income from day one. The second unit in each building is fully furnished and operating as a successful short-term rental through Airbnb, with a strong track record and continued growth. Furnishings may convey, offering the opportunity for a truly turnkey investment. The flexibility is what sets these properties apart. Continue the existing mix of long-term and short-term rentals, live in one unit while generating income from the others, or purchase both buildings and control all four units. With new construction and multiple income streams already established, the heavy lifting has been done. Boyer Street is also positioned in an area seeing substantial growth and investment. Located near Raleigh's planned Bus Rapid Transit corridor and convenient to Downtown Raleigh, the properties benefit from continued public and private investment throughout Southeast Raleigh, supporting both rental demand and long-term appreciation potential. Whether purchased individually or together, 1508 and 1510 Boyer Street offer the rare opportunity to acquire newer construction with established income, multiple rental strategies, and flexibility for the future.

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

  • 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
  • Needham Broughton High School

Additional Features

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

Community Details

  • No Home Owners Association
  • 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

4,356 Sq Ft Lot

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 Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTM1ODY4IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA4LTIwVDE4OjQ2OjU1LjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzI1ODcxIiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.HzcpEM1IHZwLwSqZyyiXsYgxsbM6_TBrBnWhaLVyEyY/badge
  • 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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

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

MLS Schools

  • Elementary School: Wake - Powell Elementary

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,696 $309,100 $225,000 $84,100
2024 $1,954 $225,000 $225,000
2023 $1,254 $115,000 $115,000 $0
2022 $1,164 $115,000 $115,000 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2026 08/20/26 Price Changed $1,270,000 -0.4% $311 / Sq Ft
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

Your Personal Tour Guide

Ask me questions while you tour the home.