NOT LISTED FOR SALE

Estimated Value: $995,188

8 Beds
4 Baths
3,905 Sq Ft
$255/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2026

Last sale price $1,000,000 $256 Per Sq Ft

Current estimated payment $6,023 / mo

89 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Quartz Countertops
  • Deck
  • High Ceiling
  • No HOA

About This Home

As of March 2026

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.

Last Agent to Sell the Property

Natalie Pearse

United Real Estate Triangle License #305394 Listed on: 12/07/2025

United Real Estate Triangle

Last Buyer's Agent

Evilia Rivera

Davis Real Estate Services License #344003

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,511

Year Built

  • Built in 1970

Lot Details

  • 9,148 Sq Ft Lot
  • Property fronts a state road
  • Two or More Common Walls
  • Wood Fence
  • Back Yard Fenced
  • Cleared Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding
  • Vertical Siding

Interior Spaces

  • 3,905 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Gas Range
  • Microwave
  • Quartz Countertops

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Parking

  • Attached Garage
  • Additional Parking
  • 6 Open Parking Spaces

Outdoor Features

  • Deck
  • Rain Gutters
  • Front Porch
  • Awning

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

  • Tenant pays for cable TV, electricity, gas, hot water, trash collection
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,511

Year Built

Built in 1970

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1970
  • Prop. Type: Residential Income
  • Road Frontage Type: State Road
  • Road Surface Type: Concrete, Paved
  • Subdivision Name: Collage Park
  • Above Grade Finished Sq Ft: 3905.0
  • Unit Levels: Two
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Luxury Vinyl
  • Interior Amenities: High Ceilings, Open Floorplan, Kitchen/Dining Room Combination, Bathtub/Shower Combination, Quartz Counters, Smooth Ceilings
  • Appliances: Electric Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer, Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Exterior Features: Awning(s), Private Yard, Rain Gutters, Fenced Yard
  • Fencing: Back Yard, Wood
  • Acres: 0.21
  • Disclosures: Lead Based Paint
  • Common Walls: 2+ Common Walls
  • Construction Type: Aluminum Siding, Vertical Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Attached, Concrete, On Site

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground
  • Association: No

Schools

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

Lot Info

  • Zoning: RX-3
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1713.06-49-1324 0013583

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water, Trash Collection
  • Lease Term: Month To Month
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Taxes

Tax Info

  • Tax Annual Amount: 6510.87
  • Tax Year: 2025
  • Tax Map Number: 327-328

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Wake - Powell

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2025
Closed on
Mar 23, 2026
Sold by
Bought by
Seller's Agent
Natalie Pearse
United Real Estate Triangle
Buyer's Agent
Evilia Rivera
Davis Real Estate Services
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Views
110
Current Estimated Value
$995,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,812
Avg. Annual Appreciation
-1.33%

Purchase Details

Closed on
Mar 1, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$1,000,000 None Listed On Document
-- --
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
03/23/2026 03/23/26 Sold $1,000,000 -16.7% $256 / 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 -- --
Source: Doorify MLS

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 $6,511 $737,400 $236,250 $501,150
2024 $6,484 $737,400 $236,250 $501,150
2023 $5,427 $490,554 $132,250 $358,304
2022 $5,047 $490,554 $132,250 $358,304
2021 $4,853 $490,554 $132,250 $358,304
2020 $4,766 $490,554 $132,250 $358,304
2019 $2,035 $168,697 $37,500 $131,197
2018 $0 $168,697 $37,500 $131,197
2017 $1,835 $168,697 $37,500 $131,197
2016 $1,799 $168,697 $37,500 $131,197
2015 $1,898 $175,592 $44,000 $131,592
2014 $1,804 $175,592 $44,000 $131,592
Source: Public Records

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Map

Source: Doorify MLS

MLS Number: 10136261

Doorify MLS

APN: 1713.06-49-1324-000

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