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3816 Thelma Street

Raleigh, NC 27610

8 beds
8 baths
2,696 sqft
~2 acre lot
$704 per sqft
1969 build
– on site

Income producing Duplex includes two adjacent vacant land lots: 3900 and 3904 Thelma St. The three contiguous parcels have a combined size of 1.54 +/- Acres. SELLER FINANCING AVAILABLE. Zoning and Planning Overlays include the Transit Overlay District (TOD) and RX-4 zoning. SELLER IS OPEN TO SELLING EITHER THE DUPLEX, OR THE LAND SEPARATELY. The TOD allows up to 6 story building height with minimal parking or frontage requirements. A rent by room, 8 bed / 8 bath fully leased Duplex, is in place.

Listing courtesy of DMLS / Compass -- Raleigh

Last checked: Checking… • Last updated Oct 28, 2024 •

MLS# 10047999 —

The Building

Year Built:

1969
New Construction:

false
Construction Materials:

Brick
Architectural Style:

Ranch
Roof:

Shingle
Stories:

1
Levels:

One
Basement:

false
Foundation Details:

Block
Building Area Total:

2696
Building Area Units:

Square Feet
Above Grade Finished Area:

2696
Above Grade Finished Area Units:

Square Feet
Below Grade Finished Area Units:

Square Feet

Interior

Flooring:

Carpet

Room Dimensions

Living Area:

2696
Living Area Units:

Square Feet

Financial & Terms

Lease Term:

Weekly

Location

Directions:

Take 440E to Exit 13B / US 64 Bus E / New Bern Ave. Right onto Beacon Lake Drive. Right turn onto Thelma St. Destination is on your left.
Latitude:

35.795287
Longitude:

-78.573502
Coordinates:

-78.573502, 35.795287

The Property

Parcel Number:

0076853
Property Subtype:

Duplex
Property Type:

Residential
Lot Size Acres:

1.75
Lot Size Area:

1.75
Lot Size SqFt:

76230
Lot Size Units:

Acres
Zoning:

RX-4
View:

true
Property Attached:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2711.51

Beds

Bedrooms Total:

8

Baths

Total Baths:

8
Total Baths:

8
Total Baths:

8
Full Baths:

8

The Listing

Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Heat Pump
Heating:

true
Cooling:

Gas
Cooling:

true

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Wake - Partnership
Middle Or Junior School:

Wake - Moore Square Museum
High School:

Wake - S E Raleigh

The Community

Subdivision Name:

Beacon Lake
Senior Community:

false
Spa:

false
Pool Private:

false
Association:

false

Parking

Garage:

false
Open Parking:

true
Open Parking Spaces:

8

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
10/28/24 Oct 28, 2024	Price Changed	DMLS	$1,899,000	-5.1%
8/20/24 Aug 20, 2024	Listed / Active	DMLS	$2,000,000

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This multifamily located in Southeast Raleigh, Raleigh, NC 27610 is currently for sale for $1,899,000. 3816 Thelma Street is a 2,696 square foot multifamily with 8 beds and 8 baths that has been on Estately for 127 days. 3816 Thelma Street is in the Southeast Raleigh neighborhood of Raleigh and has a WalkScore® of 37, making it car-dependent. This multifamily is in the attendance area of Moore Square Middle School, Southeast Raleigh High School, and Partnership Magnet Elementary School.

Listing Courtesy of: DMLS and Compass -- Raleigh.

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.