Updated Duplex Income
8025 Perry Creek Road Raleigh, NC 27616
8025 Perry Creek Road, Raleigh, NC, 27616
$250,000
Pending
For Sale
$250,000
Pending
MULTI_FAMILY - Raleigh, NC
Property Size1,437 SF
Lot Size0.10 Acres
Days on Market51
Property Features for 8025 Perry Creek Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-6
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3
- Parking features
- Driveway
- Vegetation
- Grassed
- Patio and Porch features
- Deck
- Exterior features
- Balcony, Fenced Yard, Rain Gutters, Storage
- Fencing
- Fenced, Chain Link
- Appliances
- Dishwasher, Electric Oven, Refrigerator
- Standard status
- Pending
- APN
- 1737272423 0532804
- Size
- 1,437 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 2181
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Vinyl, Carpet
- Building materials
- Vinyl Siding
- Roof type
- Shingle
- Additional Structures
- Storage
Listing Agency
Bliss & Oak Realty And Propert
(919) 369-1540
5190 NC 56 HWY, Franklinton, NC
Listed by
Tanya Lynn Laton
(919) 369-1540
Added: May 27 Checked: Jul 16 at 11:06 pm
MLS# 10169965
Listing URL
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 recently updated duplex income property includes two separate units, each featuring 3 bedrooms and 3 bathrooms. Interior updates include granite countertops and LVP flooring downstairs. The property also includes a fenced back yard. The duplex was recently subdivided and is associated with two individual parcel numbers.
The property is located at 8025 Perry Creek Road in Raleigh, North Carolina, within Wake County, and is zoned R-6. The listing notes that the related property at 8023 Perry Creek Road should be sold together, and a new survey is available.
Because the units are fully occupied, this offering is suited for buyers seeking an income property with in-place tenants and recently refreshed interior finishes. The two-unit configuration with matching 3 bed, 3 bath layouts may support straightforward leasing and tenant planning. Please do not disturb tenants; appointments are handled through ShowingTime or by contacting the listing agent.
The property is located at 8025 Perry Creek Road in Raleigh, North Carolina, within Wake County, and is zoned R-6. The listing notes that the related property at 8023 Perry Creek Road should be sold together, and a new survey is available.
Because the units are fully occupied, this offering is suited for buyers seeking an income property with in-place tenants and recently refreshed interior finishes. The two-unit configuration with matching 3 bed, 3 bath layouts may support straightforward leasing and tenant planning. Please do not disturb tenants; appointments are handled through ShowingTime or by contacting the listing agent.
Key Highlights
- Recently updated income property duplex with both units currently fully occupied
- 3 bed, 3 bath layout in each unit (listed rooms include Bedroom 1–3 and Bathroom 1–3)
- Granite countertops and LVP flooring downstairs in the updated units
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 | $25.0k | $17.40 |
| − Vacancy | −$1.3k | −$0.90 |
| EGI | $23.7k | $16.50 |
| − OpEx | −$7.1k | −$4.95 |
| NOI | $16.6k | $11.55 |
1,437 SF · lease $17.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$237.0K
$207.4K – $276.6K
NOI $16,593 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$210.1K
$183.9K – $245.2K
NOI $14,710 @ 7.0% cap · market cap 5.88%
Theoretical Best
Specialty Retail
$410.3K
$359.0K – $478.7K
NOI $28,721 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Recently updated duplex is fully occupied with 3 bed, 3 bath units and interior finishes including granite countertops.
Where is this duplex located?
The property is located at 8025 Perry Creek Road Raleigh, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Recently updated income property duplex with both units currently fully occupied; 3 bed, 3 bath layout in each unit (listed rooms include Bedroom 1–3 and Bathroom 1–3); Granite countertops and LVP flooring downstairs in the updated units
