3408 Atlantic Avenue, Raleigh, NC 27604
DUPLEX - Other - Raleigh, NC
- Added:
- May 19, 2026
- Days on Market:
- 47
- Last Refresh:
- Jul 4 at 8:06 am
Property Features for 3408 Atlantic Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-6
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Laundry Room, Bedroom 2, Dining Room
- Parking features
- Open
- Interior features
- Bathtub/Shower Combination, Ceiling Fan(s), Dining L
- Standard status
- Active
- APN
- 171512766934000 0031173
- Size
- 2,344 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lo11 Brentwood Ests Bl111
- Tax Annual Amount
- 2645
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Multi Units, Heat Pump, Central Air
- Water source
- Public
Building Details
- Year built
- 1968
- Floors in Building
- 2
- Flooring type
- Vinyl
- Building materials
- Brick Veneer, Masonite
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Brandon Williams License #311072 (919) 602-1437
Listing office EXP Realty LLC 5200 Greens Dairy Rd Ste 106C, Raleigh, NC (888) 584-9431
Listing date May 19, 2026
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑unit duplex built in 1968
- 0.33‑acre lot with parking for open spaces
- Left unit layout: 3 bedrooms and 1.5 bathrooms
- Right unit layout: 2 bedrooms and 1 bathroom
- Central heating and central air with heat pump; ceiling fans
- Public utilities: water available and public sewer; vinyl flooring and shingle roof
Overview
Located at 3408 Atlantic Avenue in Raleigh, NC 27604, the duplex is zoned R-6. The public remarks note convenient access to Downtown Raleigh, shopping, dining, and major commuter routes, supporting day-to-day practicality for occupants.
For buyers seeking an owner-occupant setup, the unit mix allows you to live in one side while renting the other. For investors, the property presents a two-unit configuration designed for income production from both residences, with updated interiors already in place. As a residential income property, it’s also a good fit for those evaluating a duplex within Wake County’s R-6 zoning framework.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.8k | $17.40 |
| − Vacancy | −$2.5k | −$1.07 |
| EGI | $38.3k | $16.33 |
| − OpEx | −$11.5k | −$4.90 |
| NOI | $26.8k | $11.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.603155
- Latitude
- 35.829145
