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1334 S State Street

Raleigh, NC 27610

8 beds
4 baths
2,704 sqft
14,374 sqft lot
$289 per sqft
1981 build
– on site

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Updated and fully leased quadruplex on RX-3 corner lot blocks from Downtown Raleigh! Four 2 bed/1 bath units with ample off street parking, new roof and windows, new siding, new central air, new flooring, quartz countertops, dishwashers, and easy bus stop access on corner. Fully furnished and operated by established single tenant for STR. Tenant covers all utilities for all four units and lawn/common area maintenance. Leased through April of 2025. Great opportunity to invest in a turn key- low maintenance property with many options for future development zoning of RX-3.

Listing courtesy of DMLS / Rich Realty Group

Last checked: Checking… • Last updated Nov 27, 2024 •

MLS# 10035971 —

The Building

Year Built:

1981
Year Built Effective:

1981
New Construction:

false
Construction Materials:

HardiPlank Type
Architectural Style:

Contemporary
Structure Type:

Multi Family
Roof:

Shingle
Stories:

1
Levels:

One
Basement:

false
Foundation Details:

Block
Common Walls:

1 Common Wall
Patio And Porch Features:

Deck
Building Area Total:

2704
Building Area Units:

Square Feet
# of Units Total:

4
Above Grade Finished Area:

2704
Above Grade Finished Area Units:

Square Feet
Below Grade Finished Area Units:

Square Feet

Interior

Interior Features:

Living/Dining Room Combination
Flooring:

Laminate
Fireplace:

false
Laundry Features:

In Hall

Room Dimensions

Living Area:

2704
Living Area Units:

Square Feet

Financial & Terms

Lease Term:

12 Months

Location

Directions:

From MLK take S State south. Property on hard corner of S State and Peterson
Latitude:

35.761141
Longitude:

-78.624765
Coordinates:

-78.624765, 35.761141

The Property

Parcel Number:

1713123116
Property Subtype:

Quadruplex
Property Type:

Residential Income
Lot Features:

Cleared
Lot Size Acres:

0.33
Lot Size Area:

14374.8
Lot Size Dimensions:

100 x 146 x 100 x 148
Lot Size SqFt:

14374.8
Lot Size Units:

Square Feet
Zoning:

RX-3
View:

true
Exterior Features:

Private Entrance
Road Frontage Type:

City Street

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2899

Beds

Bedrooms Total:

8

Baths

Total Baths:

4
Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electricity Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Wake County Schools
Middle Or Junior School:

Wake County Schools
High School:

Wake County Schools

The Community

Subdivision Name:

Not in a Subdivision
Senior Community:

false
Community Features:

None
Spa:

false
Spa Features:

None
Pool Private:

false
Association Amenities:

None
Association:

false
# of Units Leased:

4

Parking

Attached Garage:

false
Parking Features:

Off Street
Open Parking:

true
Open Parking Spaces:

10

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/27/24 Nov 27, 2024	Sold	DMLS	$782,500	-5.2%
9/5/24 Sep 5, 2024	Pending	DMLS	$825,000
7/17/24 Jul 17, 2024	Price Changed	DMLS	$825,000	-4.6%

Multifamily Sold on 11/27/2024

$782,500

Listing provided by broker:

Natalee Choby

Rich Realty Group

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Listing Courtesy of: DMLS and Rich Realty Group.

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.

1334 S State Street

Raleigh, NC 27610