2824 Providence Road
Raleigh, NC 27610
- 8 beds
- 7 baths
- 2,922 sqft
- ~1/2 acre lot
- $402 per sqft
- 2023 build
- – on site
Exceptional Investment Opportunity: 3 Residential Units Just Minutes from Downtown Raleigh! This property offers a steady stream of income with a duplex and an ADU (Accessory Dwelling Unit), both fully occupied by tenants with leases in place until 5/1/25. The duplex units feature spacious, open-concept living areas on the first floor. The kitchens are beautifully designed with large islands, stainless steel appliances (refrigerators included), ceramic tile subway backsplashes, and sleek quartz countertops. A convenient half bath for guests and a one-car garage complete the main floor. Upstairs, each duplex unit offers three bedrooms, two full bathrooms, and a laundry closet in the hallway, with wood shelving in the closets for added storage. At the rear of the duplex is the ADU, which includes two bedrooms, one full bathroom, and a bright, open kitchen that flows into the living room with vaulted ceilings—creating a spacious and airy atmosphere. All units boast luxurious upgrades, including tile showers, stylish tile backsplashes, quartz countertops, high-end appliances, and modern fixtures. This is a prime opportunity to secure a well-maintained, income-generating property in a sought-after location. Additionally, you may qualify for up to $11,750 in lender credits with the use of our preferred lender. Don't miss out on this rare investment opportunity!
Last checked:
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Last updated Dec 13, 2024
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MLS# 10066115 —
The Building
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Year Built:2023
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New Construction:false
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Construction Materials:Fiber Cement
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Architectural Style:Contemporary
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Structure Type:Duplex
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Roof:Metal
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Stories:2
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Levels:One
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Basement:false
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Foundation Details:Raised
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Building Features:Primary Walk-In Closet(s)
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Patio And Porch Features:Covered
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Building Area Total:2922
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Building Area Units:Square Feet
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# of Units Total:3
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Above Grade Finished Area:2922
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Carpet
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Fireplace:false
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Laundry Features:In Hall
Room Dimensions
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Living Area:2922
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Living Area Units:Square Feet
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Living Area Source:Plans
Financial & Terms
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Lease Term:3 To 6 Months
Location
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Directions:40 East to exit 300. Right on Rock Quarry Rd. Left onto Rockwood Dr. Right onto Providence Rd. Home on right.
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Latitude:35.742814
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Longitude:-78.574064
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Coordinates:-78.574064, 35.742814
The Property
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Parcel Number:1722653594
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Property Subtype:Duplex
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Property Type:Residential Income
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Lot Size Acres:0.46
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Lot Size Area:20037.6
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Lot Size SqFt:20037.6
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Lot Size Units:Square Feet
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View:true
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Other Structures:Residence
Listing Agent
- Contact info:
- Agent phone:
- (910) 474-3626
- Office phone:
- (919) 676-0600
Taxes
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Tax Annual Amount:6626.26
Beds
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Bedrooms Total:8
Baths
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Total Baths:6
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Total Baths:6
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Total Baths:7
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Full Baths:5
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Half Baths:2
The Listing
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:Heat Pump
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Electric Range
Schools
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Elementary School:Wake - Walnut Creek
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Middle Or Junior School:Wake - West Lake
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High School:Wake - S E Raleigh
The Community
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Subdivision Name:Green Valley
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Pool Private:false
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# of Units Leased:3
Parking
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Attached Garage:false
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Covered Spaces:1
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Parking Features:Attached Carport
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/5/24
Dec 5, 2024
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Listed / Active | DMLS | $1,175,000 | 370.0% (275.5% / YR) |
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8/3/23
Aug 3, 2023
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DMLS | $250,000 | ||
|
7/25/23
Jul 25, 2023
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DMLS | $250,000 |
