Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4820 Gossamer Lane unit 102 & 104 Raleigh, NC 27616

    View on Map
    For Sale
    $680,000

    MULTI_FAMILY - Raleigh, NC

    Property size:
    3,358 SF
    Added:
    Sep 19, 2025
    Days on Market:
    194
    Last Refresh:
    Mar 31 at 7:06 pm

    Property Features for 4820 Gossamer Lane unit 102 & 104

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    8
    Bathrooms
    7
    Rooms
    Bedroom 3, Bathroom 8, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 8, Bedroom 6, Bathroom 7, Bedroom 4, Dining Room, Bathroom 5, Bedroom 1, Bedroom 7, Bathroom 6, Bathroom 2, Bathroom 3, Bedroom 5
    Parking features
    Parking Lot, Assigned
    Vegetation
    Cleared, Grassed
    Patio and Porch features
    Patio, Porch
    Interior features
    Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Shower Only, Smooth Ceilings, Storage, Walk-In Shower
    Exterior features
    Rain Gutters
    Appliances
    Dishwasher, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Washer/Dryer
    Standard status
    Active
    APN
    1738103765 // 1738103765
    Size
    3,358 SF

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    DURANT TOWNS CONDOMINIUMS BLDH UN102 BMCM2024-00216 // DURANT TOWNS CONDOS BLDH UN104 BMCM2024-216

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Heat Pump (Heating), Forced Air
    Cooling system
    Heat Pump, Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    2023
    Floors in Building
    3
    Number of units
    4
    Flooring type
    Vinyl, Carpet, Tile
    Building materials
    Fiber Cement, Low VOC Paint/Sealant/Varnish
    Roof type
    Shingle
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Johnny Chappell
    Johnny Chappell

    Listing agent Johnny Chappell License #267248

    Listing office Compass -- Raleigh 3800 Glenwood Avenue Suite 150, Raleigh, NC

    Listing date Sep 19, 2025

    MLS# 10122995

    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.

    Overview

    Raleigh Multifamily Investment Opportunity

    Available for purchase are two fully leased, four-bedroom side-by-side units located in North Raleigh. These developer-owned units have leases extending through April 2027 and April 2026, respectively. Situated in a new home community near I-540, this property presents a strong investment opportunity as Raleigh expands. The property offers approximately 3358 square feet of space. The location provides tenants with adaptability and urban accessibility, suitable for those expanding their footprint or embracing work-from-home lifestyles. Ample square footage allows for home offices, gyms, or studios. Nearby amenities include 237 acres of trails, lakes, and green space, with convenient access to shopping and dining at Triangle Town Center and Lafayette Village via I-540. A community dog park and dedicated parking enhance the property's appeal in the rental market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.556492
    Latitude
    35.894396

    Nearby Similar for Sale

    • $3,900,000
      11,200 SF

      Modern Flex Building in Raleigh

      Built in 2021, suitable for industrial, office, retail.
      4550 Preslyn Drive, Raleigh, NC 27616
      View Details
    • $650,000
      1,890 SF

      Versatile Office/Flex Condo in Raleigh

      1,890 sq ft end-unit, ideal for various business uses.
      148 Annaron Court unit: 160, Raleigh, NC 27603
      View Details
    • $895,000
      2,025 SF

      Raleigh Commercial Building Near Downtown

      2,025 SF commercial building near Downtown Raleigh for sale.
      405 Morson Street, Raleigh, NC 27601
      View Details
    • $760,000
      1,833 SF

      Raleigh Commercial Flex Space

      1833 sq ft flex space with bayfront drive-in.
      5621 Departure Drive unit: 101, Raleigh, NC 27616
      View Details
    • $599,900
      2,083 SF

      Raleigh Office Suite For Sale

      Office suite with modern amenities and easy highway access.
      6512 Six Forks Road, Raleigh, NC 27615
      View Details
    • $2,400,000
      6,018 SF

      Raleigh Commercial Space For Sale

      Versatile 6,018 sqft commercial space in Raleigh's Six Forks area.
      1665 N Market Drive, Raleigh, NC 27609
      View Details
    • $609,900
      2,012 SF

      Modern Duplex Near Downtown Raleigh

      New construction duplex with modern finishes, minutes from downtown.
      808 Culpepper Lane, Raleigh, NC 27610
      View Details
    • $625,000
      1,352 SF

      Raleigh Duplex with Development Potential

      Rental income property with redevelopment possibilities in downtown Raleigh.
      1511 Joe Louis Avenue, Raleigh, NC 27610
      View Details
    • $209,900
      1,036 SF

      Raleigh Office Condo For Sale

      Office condo in North Raleigh, currently used for massage therapy.
      1100 Logger Court, Raleigh, NC 27609
      View Details
    • $700,000
      3,408 SF

      Raleigh Multifamily Investment Opportunity

      Four-unit multifamily property on 1.24 acres in Raleigh.
      626 Maple Lane, Raleigh, NC 27603
      View Details
    • $600,000
      3,028 SF

      Income-Producing Triplex in Raleigh, NC

      Stable income triplex near Downtown Raleigh with high occupancy.
      15 N Fisher Street, Raleigh, NC 27610
      View Details
    • $567,500
      2,234 SF

      Raleigh Duplex Near Crabtree Valley

      Fully leased duplex in prime Raleigh location near Crabtree Valley.
      4012 Arckelton Drive, Raleigh, NC 27612
      View Details

    FAQs

    What type of property is this?
    Quadplex - Two fully leased, four-bedroom units in North Raleigh.
    Where is this quadplex located?
    The property is located at 4820 Gossamer Lane unit 102 & 104 Raleigh, NC.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: Two fully leased, four‑bedroom side‑by‑side units providing immediate rental income.; Leases in place through April 2026 and April 2027.; New construction (2023) minimizing maintenance costs.
    (919) 737-2247
    We can help!
    Listing Contact
    Johnny Chappell
    Johnny Chappell
    Real Estate License ID: 267248
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!