$400,000

3111 Merrill Ct Raleigh, NC 27604

Atlantic Neighborhood

Estimated payment $2,299/month

2 Beds
4 Baths
2,280 Sq Ft
$175 Price per Sq Ft

Highlights

  • 0.63 Acre Lot
  • Wood Flooring
  • Cul-De-Sac
  • Colonial Architecture
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

SELLER FINANCING OPPORTUNITY! Are you looking to start investing in rental property? Maybe you're interested in living in one side of a duplex and renting out the other? Or maybe you're interested in completing your first renovations? This property holds so much opportunity, just needs someone with a little vision and TLC. 3111 Merrill Court is located just minutes from downtown Raleigh and comes with easy access to HWY 40 and other major roadways. Property is currently rented to two long-term tenants, on a month-to-month lease. Rental opportunity ranges from $1,400-$1,600 per month, per side, with some updates needed - current rental rate is lower than marketed. Property offers a 2 bedroom, 1.5 bath, identical layout on each side. Property does come with the opportunity for Seller Financing making this a hard-to-pass deal! Please contact agent for seller financing details.

Listing Agent

Marisa Chatman

Chatman Realty License #337986 Listed on: 02/23/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 1968

Lot Details

  • 0.63 Acre Lot
  • Property fronts a state road
  • 1 Common Wall
  • Cul-De-Sac
  • Back Yard Fenced
  • Chain Link Fence
  • Lot Sloped Down

Home Design

  • Duplex
  • Colonial Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • 2 Open Parking Spaces

Outdoor Features

  • Patio

Schools

  • Brentwood Elementary School
  • Centennial Campus Middle School
  • S E Raleigh High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Wood
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Brentwood Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 171511753884000 0037696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,853

Year Built

Built in 1968

Lot Details

0.63 Acres

Listing Details

  • Year Built: 1968
  • Prop. Type: Residential
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Subdivision Name: Brentwood Estates
  • Above Grade Finished Sq Ft: 2280.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: Second
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Remarks and Miscellaneous Syndication Remarks2: SELLER FINANCING OPPORTUNITY! Are you looking to start investing in rental property? Maybe you're interested in living in one side of a duplex and renting out the other? Or maybe you're interested in completing your first renovations? This property holds so much opportunity, just needs someone with a little vision and TLC. 3111 Merrill Court is located just minutes from downtown Raleigh and comes with easy access to HWY 40 and other major roadways. Property is currently rented to two long-term tenants, on a month-to-month lease. Rental opportunity ranges from $1,400-$1,600 per month, per side, with some updates needed - current rental rate is lower than marketed. Property offers a 2 bedroom, 1.5 bath, identical layout on each side. Property does come with the opportunity for Seller Financing making this a hard-to-pass deal! Please contact agent for seller financing details.
  • General Property Information Senior Community YN: No
  • Architectural Style Colonial: Yes
  • Flooring Laminate: Yes
  • Attic Features Scuttle: Yes
  • General Property Information Enhanced Accessible2: No
  • Special Listing Conditions Real Estate Owned: Yes
  • Utilities Water Connected: Yes
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 2280.0
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Fencing Back Yard: Yes
  • Roof Architectural Shingle: Yes
  • Utilities Phone Connected: Yes
  • Road Frontage Type State Road: Yes
  • Disclosures Lead Based Paint: Yes
  • Structure Type Multi Family: Yes
  • Structure Type Duplex: Yes
  • General Property Information Lot Size Square Feet2: 27443.0
  • Fencing Chain Link: Yes
  • General Property Information Lot Size Acres: 0.63
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 2280.0
  • DelayedMarketingYN: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Laminate, Vinyl
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Oven, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Cooktop: Yes
  • Appliances:Electric Water Heater: Yes
  • Laundry Features:In Kitchen: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Fenced Yard, Private Yard
  • Fencing: Back Yard, Chain Link
  • Acres: 0.63
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Common Walls: 1 Common Wall
  • Construction Type: Wood Siding
  • Patio And Porch Features: Patio
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Sloped Down: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: On Site, Paved, Shared Driveway
  • Parking Features:Paved2: Yes
  • Parking Features:On Site: Yes
  • Parking Features:Shared Driveway: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Heat Pump, Wood
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Wood3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - S E Raleigh
  • Middle Or Junior School: Wake - Centennial Campus

Lot Info

  • Zoning: R-6
  • Lot Size Sq Ft: 27443.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 171511753884000 0037696

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 2853.2
  • Tax Year: 2025
  • Tax Map Number: 26

MLS Schools

  • Elementary School: Wake - Brentwood

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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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
2025 $2,853 $322,578 $145,000 $177,578
2024 $2,842 $322,578 $145,000 $177,578
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2026 02/23/26 For Sale $400,000 -- $175 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 None Listed On Document
Deed $4,000 --
Source: Public Records

Source: Doorify MLS

MLS Number: 10148162

Doorify MLS

APN: 1715.11-75-3884-000

North Carolina Wake County Raleigh 27604 Atlantic

3111 Merrill Ct, Raleigh, NC

For Sale

MultiFamily

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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Listing Agent
Marisa Chatman
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Chatman Realty
(984) 232-6513
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