Pre-Leased Student Housing Duplex
3605 Burt Drive, Raleigh, NC 27606
New
MULTI_FAMILY - Raleigh, NC
Property size:
13,800 SFLot size:
0.21 AcresPrice / SF:
$250/SF- Added:
- Jun 3, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 3 at 12:06 pm
Property Features for 3605 Burt Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-10
- Bedrooms
- 24
- Bathrooms
- 27
- Rooms
- Bathroom 30, Bathroom 16, Bathroom 13, Bedroom 23, Bathroom 22, Bedroom 9, Bathroom 25, Bathroom 7, Bathroom 20, Bedroom 15, Bathroom 10, Bathroom 28, Bathroom 19, Bedroom 5, Bedroom 6, Bathroom 6, Bedroom 10, Bathroom 3, Bathroom 4, Bedroom 13, Bedroom 3, Bedroom 21, Bathroom 21, Bedroom 19, Bedroom 14, Bathroom 9, Bedroom 1, Bedroom 4, Bathroom 12, Bedroom 8, Bedroom 16, Bedroom 17, Bathroom 24, Bathroom 23, Bedroom 22, Bedroom 11, Bathroom 29, Bedroom 24, Bedroom 20, Bathroom 1, Bathroom 2, Bathroom 26, Bedroom 7, Bedroom 18, Bathroom 8, Bathroom 11, Bathroom 17, Bathroom 14, Bathroom 5, Bedroom 2, Bathroom 18, Bathroom 15, Bedroom 12, Bathroom 27
- Parking features
- Parking Lot, Off Street
- Standard status
- Active
- APN
- 079310371478000 0473894
- Size
- 13,800 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lo3 Evans Place On Burt Bm2020-00256
- Tax Annual Amount
- 8451
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2020
- Floors in Building
- 2
- Number of units
- 6
- Flooring type
- Plank, Tile, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Shingle
Listing agent Thomas Furlow License #222598 (919) 412-3913
Listing office Deaton Investment Real Estate 6817 Falls of Neuse Ste. 106 Stephen Deaton, Raleigh, NC (919) 847-1117
Listing date Jun 3, 2026
MLS# 10171367
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.
HighLights
- Purpose‑built student housing asset near NC State University in Raleigh, built in 2020
- Three duplex‑style buildings with six luxury townhome units and 24 student beds
- Four‑bedroom / four‑and‑a‑half‑bath layout design with private bathrooms for each bedroom
- Currently 96% pre‑leased for the 2026–2027 academic year at average rents of $1,113 per bed
- Central air cooling, vinyl siding exterior, and shingle roof
- Public water and public sewer; parking lot and off‑street parking
Overview
Evans Place Burt is a purpose-built student housing asset made up of three duplex-style buildings totaling six luxury townhome units and 24 student beds. Built in 2020, the property is designed for the modern student renter with spacious four-bedroom, four-and-a-half-bath layouts, high-end interior finishes, private bathrooms for each bedroom, and large outdoor living areas. The result is a low-maintenance, durable multifamily investment with proven in-place demand.
Located at 3605 Burt Drive in Raleigh, the asset is positioned for students at North Carolina State University. The property is currently 96% pre-leased for the 2026–2027 academic year, with average rents of $1,113 per bed. With a compact lot size and purpose-built configuration, it offers investors a highly efficient, income-focused profile.
Given the unit mix and student-oriented layouts, this community is well suited for investors seeking stable leasing and long-term academic-year occupancy. The nearly full pre-leasing supports near-term cash flow, while the durable construction and private bathroom setup align with common student housing preferences. With this configuration, operators can also benefit from straightforward, repeatable leasing across the duplex-style townhome units.
Located at 3605 Burt Drive in Raleigh, the asset is positioned for students at North Carolina State University. The property is currently 96% pre-leased for the 2026–2027 academic year, with average rents of $1,113 per bed. With a compact lot size and purpose-built configuration, it offers investors a highly efficient, income-focused profile.
Given the unit mix and student-oriented layouts, this community is well suited for investors seeking stable leasing and long-term academic-year occupancy. The nearly full pre-leasing supports near-term cash flow, while the durable construction and private bathroom setup align with common student housing preferences. With this configuration, operators can also benefit from straightforward, repeatable leasing across the duplex-style townhome units.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.685879
- Latitude
- 35.775916
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Purpose-built student housing with private bedroom bathrooms and large outdoor living areas, nearly fully pre-leased for 2026–2027.
Where is this duplex located?
The property is located at 3605 Burt Drive Raleigh, NC.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Purpose‑built student housing asset near NC State University in Raleigh, built in 2020; Three duplex‑style buildings with six luxury townhome units and 24 student beds; Four‑bedroom / four‑and‑a‑half‑bath layout design with private bathrooms for each bedroom
