1612 Boyer St Raleigh, NC 27610
College Park NeighborhoodEstimated payment $6,719/month
Highlights
- Open Floorplan
- Deck
- Transitional Architecture
- Broughton Magnet High School Rated A-
- Property is near public transit
- 2-minute walk to Fisher Street Park
About This Home
1612-1618 Boyer Street presents an investor-ready quadplex portfolio in one of Raleigh's fastest-growing corridors, surrounded by new residential and commercial development. This property features four updated 2-bedroom, 1-bathroom units, each equipped with in-unit washer and dryer, modern finishes, and dedicated parking with additional side parking for tenants and guests. All units underwent major updates in 2020, and 1618 and 1616 Boyer received further renovations in 2025, allowing for an immediate $250 per-unit rent increase. To prepare the property for its next owner, two units were strategically bought out to complete these improvements, ensuring a seamless handoff to the next investor. One of those units is now being re-leased at the new higher rent, validating the area's strong rental growth and setting the stage for top-market performance. Just behind the property sits 15 Fisher Street, a triplex that can be purchased together with Boyer to form a 7-unit portfolio with a combined pro forma NOI of approximately $120,000 per year. 15 Fisher must be a cash purchase but can be negotiated into the overall acquisition price, offering buyers a rare multi-property opportunity in a thriving, high-demand area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,511
Year Built
- Built in 1970 | Remodeled
Lot Details
- 9,148 Sq Ft Lot
- Property fronts a state road
- Two or More Common Walls
- Wood Fence
- Landscaped
- Cleared Lot
- Few Trees
- Back Yard Fenced
Home Design
- Quadruplex
- Transitional Architecture
- Slab Foundation
- Shingle Roof
- Aluminum Siding
- Vertical Siding
- Lead Paint Disclosure
Interior Spaces
- 3,905 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Awning
- Blinds
- Combination Kitchen and Dining Room
Kitchen
- Electric Oven
- Gas Range
- Microwave
- Quartz Countertops
Flooring
- Wood
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Attached Garage
- Additional Parking
- 6 Open Parking Spaces
Outdoor Features
- Deck
- Rain Gutters
- Front Porch
Location
- Property is near public transit
Schools
- Powell Elementary School
- Ligon Middle School
- Broughton High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Water Heater
- Cable TV Available
Listing and Financial Details
- The owner pays for common area maintenance, exterior maintenance, grounds care, HVAC maintenance, insurance, repairs, taxes
- Assessor Parcel Number 1713.06-49-1324 0013583
Community Details
Overview
- No Home Owners Association
- 4 Units
- Collage Park Subdivision
Recreation
- Community Playground
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $6,511 | $737,400 | $236,250 | $501,150 |
| 2024 | $6,484 | $737,400 | $236,250 | $501,150 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2026 03/06/26 | Pending | -- | -- | -- |
| 12/07/2025 12/07/25 | For Sale | $1,200,000 | 0.0% | $307 / Sq Ft |
| 03/01/2024 03/01/24 | Rented | $1,450 | 0.0% | -- |
| 01/08/2024 01/08/24 | For Rent | $1,450 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: Doorify MLS
MLS Number: 10136261
APN: 1713.06-49-1324-000
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