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Raleigh, NC Apartment Buildings for Sale

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Found 7 apartment buildings for sale in Raleigh, NC, averaging $276/sq ft. Use valuation data to compare deals faster.
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Apartment Building with Shared Kitchens
Updated: Jul 17, 2025
Apartment Building with Shared Kitchens

2911 Boone Trail, Raleigh, NC 27610

$1,550,000
6,780 sqft 0.46 AC lot
20 one‑bedroom, one‑bath apartments in one 6,780‑square‑foot building
Four sections with 5 units per section
Private kitchenettes plus shared kitchens with refrigerators and ovens
Recently replaced metal roof; aluminum siding
Fully rented apartment property
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This listing looks promising.

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2911 Boone Trail, Raleigh, NC 27610

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6-Unit Multifamily Property
Updated: Jun 3
6-Unit Multifamily Property

720 Noble Town Way, Raleigh, NC 27603

$4,200,000
9,062 sqft 2.16 AC lot
Six townhome‑style condominium units
9,062 square feet on 2.16 acres
Each unit includes 3 bedrooms or 2 bedrooms plus an office/flex space
Three full bathrooms, a private garage, and a screened‑in porch per unit
Units 105 and 106 include a 4th story with private rooftop terraces
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New Construction Apartment Buildings
New Construction Apartment Buildings

3712 Mineral Mill, Raleigh, NC 27616

$5,700,000
28,224 sqft

Bundled townhome residences offer three-level layouts, private bedroom suites, attached garages, and flexible loft space.

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Stabilized Multifamily Community in Raleigh
Stabilized Multifamily Community in Raleigh

2821 Club Plaza, Raleigh, NC 27603

$1,200,000
5,742 sqft 0.70 AC lot

7-unit multifamily property in South Raleigh, 100% occupied.

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Raleigh Multifamily Investment Opportunity
Raleigh Multifamily Investment Opportunity

1600 Poole Rd, Raleigh, NC 27610

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5,900 sqft

Multifamily property near Downtown Raleigh with convenient city access.

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Multifamily Property in Raleigh, NC
Multifamily Property in Raleigh, NC

4700 Westgrove St, Raleigh, NC 27606

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204-unit multifamily property with development opportunity in Raleigh, North Carolina.

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Development Opportunity with Rental Income
Development Opportunity with Rental Income

517 Buck Jones, Raleigh, NC 27606

$3,678,900

3186 sq. ft. property with ASR approval for development.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Raleigh, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Brick Apartment Building
Historic Brick Apartment Building

915 Raleigh Rd Parkway W, Wilson, NC 27896

$995,000
13,650 sqft 1.00 AC lot

Masonry construction, on-site laundry, and proximity to Barton College support multifamily operations.

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13-Unit Brick Apartment Building
13-Unit Brick Apartment Building

915 Raleigh Rd Parkway W, Wilson, NC 27896

$995,000
13,650 sqft

Historic masonry apartment property with varied unit types and on-site coin-operated laundry.

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8-Unit Multifamily Property
8-Unit Multifamily Property

210 Purefoy Road, Chapel Hill, NC 27514

$950,000
4,320 sqft 1.79 AC lot

Two structures provide eight residential units on an R-4-zoned site.

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Fully Leased Condo Portfolio
Fully Leased Condo Portfolio

500 Shepherd Ln, Chapel Hill, NC 27514

Contact for pricing

Condo portfolio of eight units, fully leased, featuring studio and one-bedroom configurations.

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Off-Market Properties in Raleigh, NC

Consider similar Off-Market properties in Raleigh, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1002 Mls St
GARDEN APT, COURT APT (5+ UNITS)

1002 Mls St, Raleigh, NC 27608-1855

$1,350,000
Estimated value
2,968 sqft 1.94 AC lot
View details
4028 Mitchell Ml Rd
GARDEN APT, COURT APT (5+ UNITS)

4028 Mitchell Ml Rd, Raleigh, NC 27616-8732

$790,000
Estimated value
10,048 sqft 2.06 AC lot
View details
7731 Midtown Market Ave
GARDEN APT, COURT APT (5+ UNITS)

7731 Midtown Market Ave, Raleigh, NC 27616-6777

Value Estimation by Request
28,944 sqft 7.81 AC lot
View details
1200 Person St
GARDEN APT, COURT APT (5+ UNITS)

1200 Person St, Raleigh, NC 27601-2653

$320,000
Estimated value
17,342 sqft 3.31 AC lot
View details
400 Chamberlain St
GARDEN APT, COURT APT (5+ UNITS)

400 Chamberlain St, Raleigh, NC 27607-0002

$305,000
Estimated value
4,434 sqft 0.20 AC lot
View details
4038 Arckelton Dr
GARDEN APT, COURT APT (5+ UNITS)

4038 Arckelton Dr, Raleigh, NC 27612-4449

$485,000
Estimated value
6,000 sqft 1.69 AC lot
View details
810 Maple Berry Ln
GARDEN APT, COURT APT (5+ UNITS)

810 Maple Berry Ln, Raleigh, NC 27607-4120

$765,000
Estimated value
19,170 sqft 1.26 AC lot
View details
12120 Tango Ln
GARDEN APT, COURT APT (5+ UNITS)

12120 Tango Ln, Raleigh, NC 27613-7327

Value Estimation by Request
15,055 sqft 15.25 AC lot
View details
2613 Mcneill St
GARDEN APT, COURT APT (5+ UNITS)

2613 Mcneill St, Raleigh, NC 27608-1784

$5,105,000
Estimated value
6,790 sqft 4.17 AC lot
View details
3005 Leonard St
GARDEN APT, COURT APT (5+ UNITS)

3005 Leonard St, Raleigh, NC 27607-0050

$825,000
Estimated value
5,120 sqft 0.55 AC lot
View details
5104 Hollyridge Dr
GARDEN APT, COURT APT (5+ UNITS)

5104 Hollyridge Dr, Raleigh, NC 27612-3149

$1,925,000
Estimated value
14,238 sqft 0.71 AC lot
View details
501 Chris St
GARDEN APT, COURT APT (5+ UNITS)

501 Chris St, Raleigh, NC 27610-0109

$480,000
Estimated value
3,768 sqft 4.80 AC lot
View details
564 Dacian Rd
GARDEN APT, COURT APT (5+ UNITS)

564 Dacian Rd, Raleigh, NC 27610-0031

Value Estimation by Request
6,032 sqft 0.85 AC lot
View details
801 New Bern Ave
GARDEN APT, COURT APT (5+ UNITS)

801 New Bern Ave, Raleigh, NC 27601-1657

$570,000
Estimated value
6,380 sqft 0.25 AC lot
View details
1317 Kent Rd
GARDEN APT, COURT APT (5+ UNITS)

1317 Kent Rd, Raleigh, NC 27606-6498

Value Estimation by Request
4,392 sqft 4.61 AC lot
View details
6200 Shanda Dr
GARDEN APT, COURT APT (5+ UNITS)

6200 Shanda Dr, Raleigh, NC 27609-3305

$88,485,000
Estimated value
10,872 sqft 24.22 AC lot
View details
400 Woods Of N Bnd Dr
GARDEN APT, COURT APT (5+ UNITS)

400 Woods Of N Bnd Dr, Raleigh, NC 27609-3948

$58,950,000
Estimated value
5,062 sqft 25.42 AC lot
View details

Raleigh, NC Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Raleigh, NC, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 55,708 square feet of properties for sale, with an estimated market value of $16,328,900.

Sale prices for two-family homes in Raleigh, NC start at $1,200,000, averaging $3,265,780, and reaching up to $5,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 560K
Population Growth (5Y) +2.6%
Median Household Income $90,224
College Educated 30.2%

High-Yield Neighborhoods for Investment

Identify Raleigh submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
27604 $625K
27610 $1.6M
27603 $2.7M
27606 $3.7M
27616 $5.8M

Taxes & Financing

Tax Rate (average for all types) 1.00%
Property Tax per SF $8.87 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wake County

Residential Income

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