Raleigh, NC 27603

$610,000
8
BD
4
BA
2,792
SqFt

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Seller Representative Cary-Raleigh Realty, Inc.

Buyer Representative

Sold Price
$610,000
List Price
$660,000
Closing Date
Aug 14, 2026
Status
CLOSED
MLS#
10168156
Bedrooms
8
Bathrooms
4
Full-baths
4
Living Area
2,792
Lot Size
37,897
Subdivision
Twin Lakes Estates
Year Built
1952
Acres
0.87

Property Description

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.

Additional Information

Foundation
Crawl Space
Water
Public
Flooring
Vinyl
Roof
Shingle
Heating
Forced Air

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .