Updated Duplex with Separate
For Sale
$245,000
325 Ranch Farm Road # B Unit A - B, Raleigh, NC 27603
Two separately metered units include updated appliances and private outdoor areas.
Property Size1,312 SF
Days on Market372
Property Features for 325 Ranch Farm Road # B Unit A - B
General Information
Standard status
Active
Size
1,312 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,798
Amenities
deck
covered porch
washer/dryer
Building Details
Building Size
1,312 SF
Year Built
1957
Buildings
1
Listing Agency:
Blue Diamond Realty
Listed By:
Tina Lawson · License #284491
(919) 980-0833
Source:
Dustinbennett
Added: Oct 24, 2025
Changed: Oct 25
Last Checked: Oct 28 at 2:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue Diamond Realty
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Investment Insights
Based on property information with market context.
Built in 1957, this duplex contains two distinct residences with separate electric meters and appliances updated within the last 1 to 4 years. Unit 325-A includes an eat-in kitchen with conveying refrigerator, living room, bedroom, full bathroom, laundry closet with stacked washer and dryer, and a large open deck. Unit 325-B offers two bedrooms, one full bathroom, an eat-in kitchen with conveying refrigerator, living room, laundry storage room, and a covered front porch. Hardwood flooring, refinished wood floors, updated interior and exterior trim paint, and tile in the kitchen and bathroom add to the property’s current features.
The property includes a new permitted drilled well, pump, and service lines, along with a new roof installed in 2022-2023 with a transferable warranty. A new survey has also been completed. Ample parking, a concrete walkway, a grassy front yard, and a private rear yard bordering a wooded tree line serve both units. The duplex is less than 1 mile from US-70 and NC-401, less than 1 mile from shopping, dining, entertainment, financial, education, medical, and convenience services, and approximately 5 to 6 minutes from downtown Raleigh. RDU is approximately 20 minutes away.
The property includes a new permitted drilled well, pump, and service lines, along with a new roof installed in 2022-2023 with a transferable warranty. A new survey has also been completed. Ample parking, a concrete walkway, a grassy front yard, and a private rear yard bordering a wooded tree line serve both units. The duplex is less than 1 mile from US-70 and NC-401, less than 1 mile from shopping, dining, entertainment, financial, education, medical, and convenience services, and approximately 5 to 6 minutes from downtown Raleigh. RDU is approximately 20 minutes away.
Key Highlights
- Duplex built in 1957 with two separately metered units
- New permitted drilled well, pump, and service lines
- New roof installed 2022‑2023 with transferable warranty
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,104
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,080
$282.1K
Cap Rate 7%
$201,486
$201.5K
Cap Rate 9%
$156,711
$156.7K
Market Conditions
NOI Build-Up for 1,312 SF
Gross rent
$21.3K $16.20/SF
− Vacancy
−$1.1K −$0.84/SF
EGI
$20.1K $15.36/SF
− OpEx
−$6.0K −$4.61/SF
NOI
$14.1K $10.75/SF
Area
ZIP 27603
Vacancy
5.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,080
Cap Rate 7%
$201,486
Cap Rate 9%
$156,711
Alternative Uses
Best Use
Multifamily LT 5
$201.5K
$176.3K – $235.1K
NOI $14,104 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$174.8K
$152.9K – $203.9K
NOI $12,235 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$415.0K
$363.1K – $484.2K
NOI $29,050 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
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Business Placement
Demographics for 27603, NC
54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered units include updated appliances and private outdoor areas.
Where is this duplex located?
The property is located at 325 Ranch Farm Road # B Unit A - B Raleigh, NC.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Duplex built in 1957 with two separately metered units; New permitted drilled well, pump, and service lines; New roof installed 2022‑2023 with transferable warranty
