613 Bellhaven Street, Garner, NC 27529
MULTI_FAMILY - Garner, NC
- Added:
- Mar 5, 2026
- Days on Market:
- 117
- Last Refresh:
- Jun 30 at 8:06 am
Property Features for 613 Bellhaven Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MF-A
- Bedrooms
- 10
- Bathrooms
- 5
- Rooms
- Bedroom 7, Bedroom 9, Bedroom 10, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 5, Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 8
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 171115547419000 0138466
- Size
- 4,624 SF
- Lot size
- 0.55 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lo1 Prop W A Weston Bm1984-1942
- Tax Annual Amount
- 4130
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1943
- Floors in Building
- 1
- Number of units
- 5
- Flooring type
- Carpet, Tile
- Building materials
- Vinyl Siding
- Roof type
- Flat
Listing agent Purvi Thakar (919) 656-5843
Listing office Real Triangle Properties LLC 7231 Carpenter Fire Station Rd, Cary, NC (919) 380-7325
Listing date Mar 5, 2026
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
- 5‑unit multifamily in Garner behind the Garner Performing Arts Center
- Two units rented on month‑to‑month at $1,150/month; three additional units ready for immediate occupancy
- Two of the units are fully renovated
- Units listed as 615 A & B, 609 A & B, 617, and 613
- Public water and public sewer; forced air heating; flat roof
- Vinyl siding exterior; parking lot parking; interior flooring includes carpet and tile
Overview
Located at 613 Bellhaven Street in Garner, the property is described as being just behind the Garner Performing Arts Center. The seller also notes it is approximately 3 miles from an Amazon warehouse in Garner and about 7 minutes from major shopping and dining, with convenient access to downtown Garner and Raleigh. The property is zoned MF-A, consistent with multifamily use.
This offering may fit investors seeking a small, operational multifamily asset with on-site rental depth through both current tenancy and immediate occupancy. The seller projects approximately $6,000+ in monthly rental income based on current leases and remaining units being leased at market rates.
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 | $91.6k | $19.80 |
| − Vacancy | −$5.5k | −$1.19 |
| EGI | $86.1k | $18.61 |
| − OpEx | −$38.7k | −$8.38 |
| NOI | $47.3k | $10.24 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Garner
- County
- Wake
- State
- North Carolina
- Longitude
- -78.610186
- Latitude
- 35.71254
