$659,000

Estimated payment $4,001/month

Total Views 2,449
8 Beds
2 Baths
1,891 Sq Ft
$348 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 4-minute walk to Oakwood Park
  • Conn Elementary Rated A-
  • 1-Story Property

About This Home

INVESTORS, don't miss this opportunity!! This 8 room rooming house with community kitchen, 2 full baths and laundry room is located in highly desirable Raleigh neighborhood. Situated amongst newly built million dollar properties, this property boasts a proven track record and excellent rental history, making it an ideal opportunity to own. Each room is fully furnished, including a refrigerator. All units are currently rented with total monthly income of $5,225; all tenants have been strongly screened. Owner provides utilities, WIFI, and cable. Within walking distance to grocery store, trendy restaurants, and on bus line. Oakwood park is one block away offering community co-ed ball games and a large shaded dog park. New roof in 2021/2022, gutters in 2025, HVAC replaced 2018, new windows 2020/2024/2025, updated bathrooms 2023, new kitchen cabinets 2023, freshly painted interior/exterior 2025. This needs to be in your investment portfolio!

Listing Agent

Aimee Anderson

Aimee Anderson & Associates License #237531 Listed on: 06/14/2025

Aimee Anderson & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,246

Year Built

  • Built in 1950

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,891 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 10 Open Parking Spaces
  • Off-Street Parking

Schools

  • Conn Elementary School
  • Ligon Middle School
  • Enloe High School

Additional Features

  • 9,583 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Capitol Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1714230654

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,246

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • Prop. Type: Residential Income
  • Subdivision Name: Capitol Heights
  • Above Grade Finished Sq Ft: 1891.0
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Foundation Details Block3: Yes
  • Roof:Shingle: Yes
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 1891.0
  • General Property Information Number Of Units Total3: 8.0
  • General Property Information Lot Size Square Feet2: 9583.0
  • General Property Information Lot Size Acres: 0.22
  • Owner Pays:All Utilities: Yes
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Crawl Space
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 8
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.22
  • Construction Type: Unknown
  • Foundation Details: Block
  • Construction Materials:Unknown: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 10.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1714230654

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: All Utilities, Cable TV

Tax Info

  • Tax Annual Amount: 4245.64
  • Tax Year: 2024
  • Tax Map Number: 24

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Wake - Conn

Map

Range of Values:

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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
2024 $4,242 $469,970 $300,000 $169,970
2023 $3,843 $337,847 $225,000 $112,847
2022 $3,581 $337,847 $225,000 $112,847
2021 $3,447 $337,847 $225,000 $112,847
2020 $3,387 $337,847 $225,000 $112,847
2019 $2,528 $204,319 $120,000 $84,319
2018 $2,392 $204,319 $120,000 $84,319
2017 $2,286 $204,319 $120,000 $84,319
2016 $2,242 $204,319 $120,000 $84,319
2015 $1,632 $142,176 $103,500 $38,676
2014 $1,556 $145,117 $103,500 $41,617
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2025 06/14/25 For Sale $659,000 -- $348 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 None Available
Warranty Deed $120,000 --
Warranty Deed -- --
Warranty Deed $93,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Commercial
Closed $112,200 Commercial
Previous Owner $96,000 Commercial
Previous Owner $74,320 Commercial
Closed $24,000 No Value Available
Source: Public Records

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Source: Doorify MLS

MLS Number: 10103246

Doorify MLS

APN: 1714.13-23-0654-000