407 Bledsoe Ave Raleigh, NC 27601
South Park NeighborhoodEstimated payment $6,010/month
Total Views
29,837
8
Beds
4
Baths
4,725
Sq Ft
$211
Price per Sq Ft
Highlights
- Very Popular Property
- Ranch Style House
- No HOA
- Joyner Elementary School Rated A-
- Wood Flooring
- 2-minute walk to Junious N. Sorrell Park
About This Home
Modern Downtown Raleigh Investment Opportunity - 4-Unit Multifamily
Discover upscale urban living in the heart of Downtown Raleigh with this beautifully designed four-unit multifamily property. Each thoughtfully crafted unit offers 675 square feet of modern comfort and sophisticated style. Enjoy hardwood floors in the living and bedroom areas, stylish tile in the kitchens and bathrooms, and contemporary finishes throughout.
Each unit features a remodeled kitchen with quartz countertops, a classic subway tile backsplash, and premium stainless steel appliances—perfect for both tenants and future resale value.
With three units already rented and one vacant, this is an ideal opportunity for investors. Whether you're looking to grow your portfolio or secure a prime piece of Raleigh real estate, this property delivers.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,990
Year Built
- Built in 2022
Home Design
- Quadruplex
- Ranch Style House
- Block Foundation
- Architectural Shingle Roof
- Shake Siding
Interior Spaces
- 4,725 Sq Ft Home
- Ceiling Fan
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- Private Driveway
- 2 Open Parking Spaces
Utilities
- Central Air
- Heat Pump System
- Community Sewer or Septic
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 1703.16-84-7810-000
Map
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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 |
|---|---|---|---|---|
| 2024 | $5,990 | $680,494 | $345,000 | $335,494 |
| 2023 | $2,614 | $232,444 | $192,500 | $39,944 |
| 2022 | $2,433 | $232,444 | $192,500 | $39,944 |
| 2021 | $2,342 | $232,444 | $192,500 | $39,944 |
| 2020 | $2,300 | $232,444 | $192,500 | $39,944 |
| 2019 | $1,798 | $148,208 | $75,000 | $73,208 |
| 2018 | $1,699 | $148,208 | $75,000 | $73,208 |
| 2017 | $1,622 | $148,208 | $75,000 | $73,208 |
| 2016 | $1,590 | $148,208 | $75,000 | $73,208 |
| 2015 | $1,622 | $148,940 | $24,000 | $124,940 |
| 2014 | $1,542 | $148,940 | $24,000 | $124,940 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | For Sale | $995,000 | -- | $211 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $818,000 | -- | |
| Warranty Deed | $780,000 | Fidelity National Title | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $615,000 | None Listed On Document | |
| Warranty Deed | $390,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $410,000 | Construction | |
| Previous Owner | $491,500 | Commercial |
Source: Public Records
About the Listing Agent
Raghava's Other Listings
Source: Doorify MLS
MLS Number: 10107904
APN: 1703.16-84-7810-000
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