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Updated Duplex With Private Decks
New
For Sale
$535,000

725/727 Carolina Avenue, Raleigh, NC 27606

MULTI_FAMILY - Raleigh, NC

Property Size1,261 SF
Lot Size0.17 Acres
Price / SF$424.27
Days on Market1

Property Features for 725/727 Carolina Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-6
Bedrooms 3
Bathrooms 3
Full bathrooms 6
Half bathrooms 1
Rooms Bathroom 5, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 6, Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1
Parking features Driveway
Patio and Porch features Porch, Deck
Interior features Bathtub/Shower Combination, Ceiling Fan(s), Stone Counters
Fireplace 1
Appliances Dishwasher, Microwave, Range, Refrigerator
Subdivision Carolina Heights
Elementary school Wake County Schools
Middle school Wake County Schools
High school Wake County Schools
Standard status Active
APN 0783490764 0783490751
Size 1,261 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Lo14 Carolina Heights Bm1984-01802 LO13 CAROLINA HEIGHTS BM1984-01802
Tax Annual Amount 3760
Legal Description Lo14 Carolina Heights Bm1984-01802 LO13 CAROLINA HEIGHTS BM1984-01802

Utilities

Sewer type Public Sewer
Heating system Fireplace(s), Central
Cooling system Central Air
Water source Public

Amenities

private deck
landscaping

Building Details

Year built 1985
Floors in Building 2
Number of units 2
Flooring type Tile, Vinyl, Carpet
Building materials Brick, HardiPlank Type, Masonite
Roof type Shingle
Listing Agency: Keller Williams Elite Realty · Keller Williams Realty
Listed By: Jeremy Cleveland · License #282153
Added: Aug 8 Last Checked: Aug 8 at 11:06PM
MLS# 10185199

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.

Investment Insights

Based on property information with market context.

This duplex at 725/727 Carolina Avenue contains two three-bedroom residences within 1,261 square feet. Renovations completed in 2022 included interior paint, flooring, cabinetry, quartz countertops, tile backsplashes, stainless steel appliances, and bathroom updates. Luxury vinyl plank flooring was also installed throughout. Each unit includes a private deck, while the property adds an extended driveway and street parking. Central heating and air conditioning, fireplaces, public water, and public sewer serve the property. The R-6 zoning designation and two-unit layout support both income-producing use and the option to occupy one residence while leasing the other.

The property is in Raleigh, NC 27606, near shopping, dining, major highways, and downtown Raleigh amenities. The lot measures 0.17 acres and includes landscaping designed for straightforward maintenance.

Key Highlights

  • Two‑unit duplex with 3 bedrooms in each residence
  • 1,261 square feet on a 0.17‑acre lot
  • Renovations completed in 2022, including kitchens, bathrooms, flooring, and interior finishes

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Spa & Massage Center Hair Salon Nail Salon Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

Demographics for 27606, NC

48,343
Population
22,199
Households
2.2
Avg Household Size
29
Median Age
59%
College-Educated
93%
High-School Grad
24.5 sq mi
ZIP Area
1,973
Density / Sq Mi
$75,640
Median Household Income
$40,950
Median Earnings
$1,369
Median Rent
$423,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two renovated residences offer three bedrooms each, separate outdoor space, and flexible rental or owner-occupant use.
Where is this duplex located?
The property is located at 725/727 Carolina Avenue Raleigh, NC.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms in each residence; 1,261 square feet on a 0.17‑acre lot; Renovations completed in 2022, including kitchens, bathrooms, flooring, and interior finishes
More about this property
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