404 E Edenton Street,Raleigh, NC 27601
Raleigh, NC 27601
Description
INVESTORS! Four units, an unbeatable Downtown Raleigh location, and immediate flexibility to put your rental strategy to work. Located in Historic Oakwood, this updated quadplex offers a mix of one and two bedroom units with updated kitchens and bathrooms, refinished hardwood floors, and in-unit laundry. One unit is currently leased, while three vacant units give the next owner the opportunity to establish rents and choose their preferred leasing strategy from day one. Just blocks from Downtown Raleigh's restaurants, entertainment, parks, and employment centers, this property combines historic character, rental appeal, and long-term investment potential in one of Raleigh's most established neighborhoods.
Details
| MLS # | 10174559 |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Year | 1910 |
| Days On Site | 105 |
| Listing Provided By | EXP Realty LLC | Anna Powell |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 3,677 |
| Story(s) | 2 |
| Zoning | OX-3 |
| Acreage | 0.10 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Central Air |
| Laundry Features | In Unit |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Crawlspace |
| Construction Materials | Unknown |
| Patio And Porch Features | Deck, Patio |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, On Street |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 647861 |
|---|---|
| Tax Legal Description | Prcl 3 Frank & Augusta Turner Bm1998-468 |
| Tax Year | 2025 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27601 |
| Area | Wake |
| Community Name | Historic Oakwood |
| Listing VS Median (in Historic Oakwood) | |
Price: $799,900 low | high Med: $849,900 sqft: 3,677 low | high Med: 2,925 $ / sqft: $218 low | high Med: $316 On site: 105 low | high Med: 67.5 | |
Market Activity 27601
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27601 |
| Area | Wake |
| Community Name | Historic Oakwood |
| Listing VS Median (in Historic Oakwood) | |
Price: $799,900 low | high Med: $849,900 sqft: 3,677 low | high Med: 2,925 $ / sqft: $218 low | high Med: $316 On site: 105 low | high Med: 67.5 | |
 | $1,589,000550 E Edenton StreetRaleigh, NC 27601 |