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Updated Two-Unit Duplex
For Sale
$535,000
Pending

725/727 Carolina Avenue, Raleigh, NC 27606

Both residences received extensive interior upgrades in 2022 and include private decks, extended driveways, and street parking.

Property Size1,261 SF
Days on Market14

Property Features for 725/727 Carolina Avenue

General Information

Standard status Pending
Size 1,261 SF
Property subtype Duplex

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,760

Amenities

private deck
easy-to-maintain landscaping

Building Details

Building Size 1,261 SF
Year Built 1985
Listing Agency: Keller Williams Elite Realty
Listed By: Jeremy Cleveland · License #282153
Source: Dustinbennett
Added: Aug 8 Changed: Aug 16 Last Checked: Aug 20 at 11:56AM

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 Keller Williams Elite Realty

Investment Insights

Based on property information with market context.

This duplex contains two three-bedroom residences at 725/727 Carolina Avenue, with a 1985 construction date and substantial interior improvements completed in 2022. Updates include interior paint, flooring, cabinetry, quartz countertops, tile backsplashes, stainless steel appliances, renovated bathrooms, and luxury vinyl plank flooring. Each side also has a private deck and access to extended driveway and street parking.

The property is positioned near shopping, dining, major highways, and downtown Raleigh amenities. Its two-residence configuration provides separate living spaces within one property, with each unit offering a three-bedroom layout and updated finishes.

Key Highlights

  • Two three‑bedroom residences at 725/727 Carolina Avenue
  • Interior improvements completed in 2022
  • Quartz countertops, tile backsplashes, and stainless steel appliances

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Spa & Massage Center Hair Salon Nail Salon Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

597
Businesses Nearby

Demographics for 27606, NC

48,343
Population
22,199
Households
2.2
Avg Household Size
29
Median Age
59%
College-Educated
93%
High-School Grad
24.5 sq mi
ZIP Area
1,973
Density / Sq Mi
$75,640
Median Household Income
$40,950
Median Earnings
$1,369
Median Rent
$423,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences received extensive interior upgrades in 2022 and include private decks, extended driveways, and street parking.
Where is this duplex located?
The property is located at 725/727 Carolina Avenue Raleigh, NC.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Two three‑bedroom residences at 725/727 Carolina Avenue; Interior improvements completed in 2022; Quartz countertops, tile backsplashes, and stainless steel appliances
More about this property
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