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    1612 Boyer St Raleigh, NC 27610

    New
    For Sale
    $1,200,000

    MULTI_FAMILY - Raleigh, NC

    Property size:
    3,905 SF
    Lot size:
    0.21 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 1612 Boyer St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Cleared
    Window features
    Blinds
    Zoning
    RX-3
    Rooms
    Bedroom 8, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 7, Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 4, Dining Room, Bathroom 2, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    APN
    1713.06-49-1324 0013583
    Patio and Porch features
    Deck, Porch
    Interior features
    Bathtub/Shower Combination, High Ceilings, Kitchen/Dining Room Combination, Open Floorplan, Quartz Counters, Smooth Ceilings
    Exterior features
    Awning(s), Fenced Yard, Private Yard, Rain Gutters
    Fencing
    Fenced
    Appliances
    Electric Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer, Water Heater
    Size
    3,905 SF
    Lot size
    0.21 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Forced Air
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1970
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Hardwood, Vinyl
    Building materials
    Aluminum Siding, Vertical Siding
    Roof type
    Shingle

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

    Listing agent Natalie Pearse (919) 839-3131

    Listing date Dec 7, 2025

    MLS# 10136261 Listing URL

    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

    Updated Quadplex Portfolio in Raleigh

    The property at 1612-1618 Boyer Street is a quadplex portfolio located in a rapidly developing area of Raleigh. The property contains four updated units, each featuring 2 bedrooms and 1 bathroom, as well as in-unit washer and dryer, modern finishes, and dedicated parking. Additional side parking is available for tenants and guests. Major updates were completed in 2020, with further renovations to 1618 and 1616 Boyer in 2025. The updates allow for a potential rent increase of $250 per unit. Two units were strategically bought out to complete these improvements. One of those units is being re-leased at a higher rent. Located just behind the property is 15 Fisher Street, a triplex that can be purchased together with Boyer to form a 7-unit portfolio with a combined pro forma NOI of approximately $120,000 per year. The triplex purchase must be a cash transaction but can be negotiated into the overall acquisition price. The property is zoned RX-3 and has a lot size of 0.21 acres. The property size is 3905 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.615188
    Latitude
    35.780849

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    FAQs

    What type of property is this?
    Quadplex - Investor-ready quadplex with updated units in a growing corridor.
    Where is this quadplex located?
    The property is located at 1612 Boyer St Raleigh, NC.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Investor-ready quadplex portfolio in a rapidly growing Raleigh corridor.; - Significant rent increase potential of $250 per unit due to recent renovations (2020 and 2025).; - **Each unit features 2 bedrooms, 1 bathroom, in-unit washer/dryer, modern finishes, and dedicated parking.**
    (919) 839-3131
    Request Owner's contact information
    1612 Boyer 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
    1612 Boyer St Raleigh, NC 27610
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