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Furnished 3BR Townhome Investment

5748 3 Oaks Drive Raleigh, NC 27612

New
5748 3 Oaks Drive, Raleigh, NC, 27612
$315,000
For Sale
$315,000

MULTI_FAMILY - Raleigh, NC

Property Size1,400 SF
Lot Size0.02 Acres
Price / SF$225
Days on Market3

Property Features for 5748 3 Oaks Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 3, Bathroom 2
Parking features
Assigned
Patio and Porch features
Porch, Deck
Fireplace
1
Appliances
Dishwasher, Microwave, Range, Refrigerator
Standard status
Active
APN
0796970064
Size
1,400 SF
Lot size
0.02 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2261

Utilities

Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public

Building Details

Year built
1979
Floors in Building
2
Number of units
1
Flooring type
Vinyl
Building materials
Frame
Roof type
Shingle
Listing Agency Clifton Property Investment
4008 Barrett Dr., Unit 101, Raleigh, NC
Listed by Paula Patricia Villalva · License #329054
Added: Jul 16 Checked: Jul 18 at 6:06 am
MLS# 10180682 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.

A newly renovated 3BR/2.5BA furnished townhome built for turnkey short-term rental use. The interior features an open living/dining layout, a windowed kitchen with all-new appliances and a breakfast nook, and en suite bedrooms throughout, including a primary en suite. The sale includes all furniture, fixtures, and equipment, supporting an income-producing setup from day one.

Located in the Six Forks area at 5748 3 Oaks Drive, Raleigh, NC 27612, the property is across from Shelley Lake and minutes to North Hills. Two free parking spaces are available out front. Public remarks also note established booking history and 5-star guest reviews.

Key Highlights

  • Newly renovated 3BR/2.5BA townhome with open living/dining layout and en suite bedrooms
  • Kitchen includes windowed breakfast nook and appliances: range, refrigerator, microwave, dishwasher
  • Furnished for short‑term rental use; sale includes all furniture, fixtures & equipment

Local Financial Insights For Apartment 5plus

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 $27.7k $19.80
− Vacancy −$1.8k −$1.29
EGI $25.9k $18.51
− OpEx −$11.7k −$8.33
NOI $14.3k $10.18
1,400 SF · lease $19.80/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$203.6K
$178.2K – $237.6K (±1% cap)
NOI $14,255 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$384.8K
$336.7K – $448.9K (±1% cap)
NOI $26,933 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Dental Office Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom Auto Parts Store HVAC Service Grocery & Convenience Store Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Short term rental property - Newly renovated 3BR/2.5BA furnished townhome with en suite bedrooms and two parking spaces, offered turnkey for short-term rental income.
Where is this short term rental property located?
The property is located at 5748 3 Oaks Drive Raleigh, NC.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Newly renovated 3BR/2.5BA townhome with open living/dining layout and en suite bedrooms; Kitchen includes windowed breakfast nook and appliances: range, refrigerator, microwave, dishwasher; Furnished for short‑term rental use; sale includes all furniture, fixtures & equipment
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More about this property
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