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    15 N Fisher St Raleigh, NC 27610

    New
    For Sale
    $600,000

    MULTI_FAMILY - Raleigh, NC

    Property size:
    3,028 SF
    Lot size:
    0.11 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 15 N Fisher St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    mixed use
    APN
    171306491228000 0008701
    Parking
    6
    Size
    3,028 SF
    Lot size
    0.11 Acres

    Utilities

    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1960
    Floors in Building
    2
    Building materials
    Brick

    United Real Estate Triangle (919) 573-8322 [email protected]

    Listing agent Natalie Pearse (919) 839-3131

    Listing date Dec 6, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Triplex in Raleigh, NC

    The property at 15 N Fisher Street is an income-producing triplex. The property delivers stable rental income and consistent 100% occupancy across three well-maintained units. The units are leased at $1,350, $1,495, and $1,575 per month, producing an approximate annual NOI of $53,040. The property is located near Downtown Raleigh. The property is located in a revitalizing area. The lot size is 0.11 acres. The property size is 3028 square feet. Strong tenant demand and ongoing revitalization in the surrounding area support its long-term performance, while proximity to Downtown Raleigh enhances both rentability and appreciation potential. The property offers immediate, reliable cash flow with clean financials and minimal management needs. This is a rare chance to secure stabilized doors in one of Raleigh's fastest-advancing growth areas, backed by dependable income today and meaningful upside over time. The property is zoned for mixed use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.615206
    Latitude
    35.780662

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    FAQs

    What type of property is this?
    Triplex - Stable income triplex near Downtown Raleigh with high occupancy.
    Where is this triplex located?
    The property is located at 15 N Fisher St Raleigh, NC.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - High Income Potential: Generates approximately $53,040 annual NOI with 100% occupancy.; - Stable Rental Income: Three well-maintained units are currently leased at $1,350, $1,495, and $1,575 per month.; - Portfolio Expansion Opportunity: Can be paired with the adjacent quadplex at 1612 Boyer for a combined seven-unit portfolio.
    (919) 839-3131
    Request Owner's contact information
    15 N Fisher St Raleigh, NC 27610
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    Raleigh, NC 27610
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 N Fisher St Raleigh, NC 27610
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