REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Samantha Hall

sam@brickhousenc.com +1(919) 749-0489

Listed by Keller Williams Elite Realty

$699,999

Est. payment - /mo

8 Beds

8 Baths

3,981 SqFt

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,981 sqft

Price per Sqft $175

Subdivision Wayneridge

MLS Listing ID 10178364

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1984

Annual Tax Amount $6,115

Lot Size 3,981 Sqft

Acres 0.48

Property Sub-Type Quadruplex

Source Doorify MLS

Land Area 3981

Property Description

Investors, this one checks every box: location, income, and upside. Tucked right next to Lake Johnson Park, this quadplex puts tenants steps from 1.5 miles of unpaved trails, 2.8 miles of paved greenway, a nature preserve, and an outdoor swimming pool — the kind of lifestyle amenities that keep units filled and renters happy long-term. The Raleigh Greenway system connects directly from the property, and commuters will love the easy access to I-40, NC State, RDU International Airport, and Research Triangle Park. Each of the four units offers 2 bedrooms and 2 bathrooms, plus its own private deck — a layout that appeals to a wide range of renters, from students and young professionals to roommates and downsizers. All four units are currently on month-to-month leases, giving the new owner maximum flexibility to renovate one unit at a time while continuing to collect rental income throughout the process. This property is priced with that upside in mind — a rare chance to force appreciation through strategic upgrades in a location that's already in high demand. Whether you're looking to add a turnkey cash-flow property to your portfolio or want room to execute a value-add strategy at your own pace, this quadplex offers the location, layout, flexibility, and upside investors look for. Highlights: 4 units, each 2 bed / 2 bath with a private deck Steps from Lake Johnson Park & Raleigh Greenway system 1.5 mi unpaved trails + 2.8 mi paved trails right outside your door Access to nature preserve and outdoor pool Minutes to I-40, NC State, RDU, and RTP All 4 units on month-to-month leases — renovate unit by unit without losing income Priced to allow for capital improvements. Contact Listing Agent to schedule a showing/Tour!

Location

State NC

County Wake

Community Wayneridge

Area 0.48

Zoning R-10

Interior

Interior Features Dual Closets

Cooling Varies by Unit

Flooring Carpet, Vinyl

Fireplace No

Exterior

Parking Features Asphalt, Lighted

Community Features Curbs, Fishing, Lake, Sidewalks

Roof Type Shingle

Garage No

Building

Lot Description Few Trees

Story Two

Foundation Brick/Mortar

Water Public

New Construction No

Schools

Elementary Schools Wake - Dillard Drive Elementary

Middle Schools Wake - Dillard Drive Middle

High Schools Wake - Athens Drive High

Others

Senior Community No

Tax ID 0783119846

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

Read Less Info

Nearby School & Business

Get More Information

Samantha Hall

+1(919) 749-0489

Broker in Charge | License ID: 294458

Broker in Charge License ID: 294458

Quick Search

5333 Wayne ST Raleigh, NC 27606

Samantha Hall

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information