Laura Burlage
Burlage Realty LLC
(844) 544-0790
55 Total Sales
1 in Creedmoor
$260,000 Price
ATTENTION INVESTORS! Rare Duplex (1of 5 being offered by this seller) in Creedmoor at an in place Cap Rate of 7% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Creedmoor is a convenient small town to live in close to everything in downtown or a quick drive down HWY 50 to North Raleigh or out to HWY 85 and over to Durham or Chapel Hill. Being offered 100% occupied with substantially below market rents. New owners could do minor CAP X improvements like flooring and paint and push rents, or remodel the kitchen and bathrooms as well and push rents even higher and realize up to a 9.8% cap rate at the market rent of $1795 per side (estimate) fully upgraded. The current owners have made significant upgrades over the last 5 yeas with over $25K in renovations including refinished decks 2024, New HVAC systems 2020 and some new appliances. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors.
Last Agent to Sell the Property
Keller Williams Elite Realty License #234841 Listed on: 04/03/2025
Laura Burlage
Burlage Realty LLC
(844) 544-0790
55 Total Sales
1 in Creedmoor
$260,000 Price
Stephanie Mann
eXp Realty, LLC - C
(877) 545-3214
96 Total Sales
1 in Creedmoor
$343,000 Price
Fab Adler
Howard Hanna Allen Tate Wake Forest/Rolesville
(877) 760-3259
65 Total Sales
1 in Creedmoor
$305,000 Price
Janene Carver
RE/MAX Premier Realty
(336) 915-8017
139 Total Sales
1 in Creedmoor
$310,000 Price
Monica Boswell
The M Homes Group
(919) 804-0991
62 Total Sales
1 in Creedmoor
$317,000 Price
Katrina Higgins
eXp Realty, LLC - Clayton
(855) 597-0988
61 Total Sales
3 in Creedmoor
$270K - $380K Price Range
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 |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $379,900 | 0.0% | $153 / Sq Ft |
| 04/23/2025 04/23/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | For Sale | $379,900 | -- | $153 / Sq Ft |
Seller's Agent in 2025
Matt Perry
Keller Williams Elite Realty
(919) 789-1635
750 Total Sales
Buyer's Agent in 2025
Emilee Carraway
Compass -- Raleigh
(910) 431-4637
154 Total Sales
Source: Doorify MLS
MLS Number: 10086710
Ask me questions while you tour the home.