Estimated payment $3,846/month
Highlights
- Deck
- No HOA
- Luxury Vinyl Tile Flooring
- Salem Elementary Rated A
- Forced Air Zoned Cooling and Heating System
- Ceiling Fan
About This Home
Excellent investment opportunity in a convenient and accessible Raleigh location! This fully remodeled quadplex over $180K invested sits on a spacious 0.87-acre lot, offering a rare combination of completely updated rental units, generous outdoor space, and strong long-term investment potential.
Each unit features 2 bedrooms and 1 full bath and has been remodeled to provide a clean, modern, and low-maintenance living environment. Interior updates include fresh paint, durable luxury vinyl plank flooring throughout, and no carpet for easy upkeep. The updated kitchens feature brand-new stainless steel appliances, including a refrigerator, electric range, and range hood. Spacious bedrooms, full baths with shower/tub combinations, and optional washer/dryer access add everyday convenience and functionality.
The large lot provides extra outdoor space for relaxing, entertaining, gardening, or enjoying the wooded setting and added privacy. Off-street parking and practical property features further enhance tenant appeal.
Prime Raleigh location near Downtown Raleigh, just minutes from Garner, NC State University, shopping, dining, I-40, and surrounding areas. Fully leased and income-producing, this remodeled quadplex is ready for its next owner to start enjoying rental income from day one, while offering both immediate cash flow potential and long-term value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,291
Year Built
- Built in 1952
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2,792 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Luxury Vinyl Tile Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Open Parking Spaces
- Off-Street Parking
Schools
- Salem Elementary And Middle School
- Athens Dr High School
Additional Features
- Deck
- 37,897 Sq Ft Lot
- Forced Air Zoned Cooling and Heating System
Community Details
- No Home Owners Association
- 4 Units
- Twin Lakes Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 1702368432
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 |
|---|---|---|---|---|
| 2025 | $3,291 | $368,242 | $131,024 | $237,218 |
| 2024 | $3,278 | $368,242 | $131,024 | $237,218 |
| 2023 | $2,818 | $251,158 | $89,214 | $161,944 |
| 2022 | $2,623 | $251,158 | $89,214 | $161,944 |
| 2021 | $2,524 | $251,158 | $89,214 | $161,944 |
| 2020 | $2,479 | $251,158 | $89,214 | $161,944 |
| 2019 | $2,586 | $216,247 | $94,076 | $122,171 |
| 2018 | $2,443 | $216,247 | $94,076 | $122,171 |
| 2017 | $2,330 | $216,247 | $94,076 | $122,171 |
| 2016 | $0 | $216,247 | $94,076 | $122,171 |
| 2015 | -- | $159,693 | $52,008 | $107,685 |
| 2014 | -- | $159,693 | $52,008 | $107,685 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2026 05/18/26 | For Sale | $660,000 | -- | $236 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $213,000 | None Available |
Source: Doorify MLS
MLS Number: 10168156
APN: 1702.10-36-8432-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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