626 Maple Lane, Raleigh, NC 27603
MULTI_FAMILY - Raleigh, NC
- Added:
- Dec 5, 2025
- Days on Market:
- 189
- Last Refresh:
- Jun 12 at 3:06 am
Property Features for 626 Maple Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 5, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 4, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 1, Bathroom 2
- Parking features
- Carport
- Appliances
- Electric Range, Refrigerator
- Standard status
- Active
- APN
- 1701412860
- Size
- 3,408 SF
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4664
Utilities
- Sewer type
- Septic Tank
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Vinyl, Wood, Hardwood
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Laura Thompson Vevurka License #324056 (919) 279-5912
Listing office FAB Real Estate Services, LLC 341-201 Kilmayne Drive, cary, NC (919) 262-6828
Listing date Dec 5, 2025
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
- Income‑producing property with 4 units (2 adjoined duplexes).
- Priced below tax value.
- Large 1.24‑acre lot.
- No HOA or restrictive covenants.
- Features a total of 8 bedrooms and 4 bathrooms.
- All 4 units are currently on month‑to‑month leases.
Overview
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 | $55.2k | $16.20 |
| − Vacancy | −$2.9k | −$0.84 |
| EGI | $52.3k | $15.36 |
| − OpEx | −$15.7k | −$4.61 |
| NOI | $36.6k | $10.75 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.648755
- Latitude
- 35.705286
