Raleigh NC 27603
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.
Property Details
- MLS #10168156
- Price$660K
- StatusActive
- Square Footage2,792
- Bedrooms8
- Bathrooms4
- Acres0.87
- Year Built1952
- Property TypeResidential Income
- Property Sub TypeQuadruplex
- Days on Site19
- CountyWake
- SubdivisionTwin Lakes Estates
- CityRaleigh
- StateNC
- ZIP Code27603
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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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