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Raleigh NC 27603

Raleigh, NC 27603
$660K Active 🛌 Beds 8 🛁 Baths 4 ⛶ Sqft 2,792
Acres0.87
Year1952
Days on Site19
Property TypeResidential Income
Sub TypeQuadruplex
Per Square Foot$236
Date ListedMay 21, 2026
SubdivisionTwin Lakes Estates
MLS #10168156

Description of Raleigh NC 27603

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.

Listed by Hannah Chan, Cary-Raleigh Realty, Inc..

Property Details

Overview
  • MLS #10168156
  • Price$660K
  • StatusActive
  • Square Footage2,792
  • Bedrooms8
  • Bathrooms4
  • Acres0.87
  • Year Built1952
  • Property TypeResidential Income
  • Property Sub TypeQuadruplex
  • Days on Site19
Community Information
  • CountyWake
  • SubdivisionTwin Lakes Estates
  • CityRaleigh
  • StateNC
  • ZIP Code27603

Listing Provided By

Listing Agent Hannah Chan · hannahchan@caryraleighrealty.com
Source Cary-Raleigh Realty, Inc.

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Principal & interest only. Does not include taxes, insurance, HOA, or PMI. Contact the Tim M. Clarke Team for a complete loan estimate.

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