Duplex with
New
For Sale
$490,000
7413 Leesville Road, Raleigh, NC 27613
DUPLEX - Other - Raleigh, NC
Property Size2,231 SF
Lot Size0.33 Acres
Price / SF$219.63
Days on Market2
Property Features for 7413 Leesville Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-6
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 3, Bathroom 4, Bathroom 1
Interior features
Ceiling Fan(s)
Fireplace
1
Appliances
Dishwasher, Disposal, Electric Range, Microwave, Range Hood, Refrigerator, Washer/Dryer
Subdivision
Not in a Subdivision
Elementary school
Wake - York Elementary
Middle school
Wake - Leesville Road Middle
High school
Wake - Leesville Road High
Standard status
Active
APN
078715744416000 0118573
Size
2,231 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Loj Subd Of J W Belch Bm1981-00283
Tax Annual Amount
3772
Legal Description
Loj Subd Of J W Belch Bm1981-00283
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Heat Pump, Central Air
Water source
Private, Well
Amenities
fireplaces
private back decks
storage closets
Building Details
Year built
1981
Floors in Building
2
Flooring type
Carpet, Hardwood, Vinyl, Tile
Building materials
Wood Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
DASH Carolina
(984) 205-2279
Listed By:
Charles Michael Willis
(252) 723-9236
Added: Jul 30
Last Checked: Jul 31 at 2:06AM
MLS# 10183280
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.
This duplex features two residential units, each with two bedrooms, one full bathroom, and one half bathroom. The interiors include bright, open living areas with fireplaces, ceiling fans, and comfortable everyday layouts. Full bathrooms offer dual vanities, and each unit includes a private back deck with an attached storage closet for outdoor space and organization.
The property sits on a 0.33-acre lot and was built in 1981. Heating is provided by forced air, and cooling is handled by central air with a heat pump. Flooring includes hardwood, tile, carpet, and vinyl, with a shingle roof and wood siding.
Utility connections include private well water and public sewer service. Appliances included are dishwasher, disposal, electric range, microwave, range hood, refrigerator, and washer/dryer.
The property sits on a 0.33-acre lot and was built in 1981. Heating is provided by forced air, and cooling is handled by central air with a heat pump. Flooring includes hardwood, tile, carpet, and vinyl, with a shingle roof and wood siding.
Utility connections include private well water and public sewer service. Appliances included are dishwasher, disposal, electric range, microwave, range hood, refrigerator, and washer/dryer.
Key Highlights
- Two‑unit duplex with each unit offering two bedrooms, one full bath, and one half bath
- Fireplaces in the bright, open living areas
- Private back decks with attached storage closets and dual vanities in full bathrooms
Financial Insights For Multifamily LT 5
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 | $36.1k | $16.20 |
| − Vacancy | −$1.9k | −$0.84 |
| EGI | $34.3k | $15.36 |
| − OpEx | −$10.3k | −$4.61 |
| NOI | $24.0k | $10.75 |
2,231 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$342.6K
$299.8K – $399.7K
NOI $23,984 @ 7.0% cap · market cap 4.89%
Second Best
Apartment 5plus
$303.2K
$265.3K – $353.7K
NOI $21,222 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$581.0K
$508.3K – $677.8K
NOI $40,667 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Explore this area
Business Placement
Demographics for 27613, NC
46,969
Population
20,099
Households
2.3
Avg Household Size
39
Median Age
68%
College-Educated
98%
High-School Grad
25.5 sq mi
ZIP Area
1,842
Density / Sq Mi
$119,362
Median Household Income
$70,722
Median Earnings
$1,478
Median Rent
$478,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R-6 zoned duplex with private back decks, fireplaces, and central air with heat pump.
Where is this duplex located?
The property is located at 7413 Leesville Road Raleigh, NC.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Two‑unit duplex with each unit offering two bedrooms, one full bath, and one half bath; Fireplaces in the bright, open living areas; Private back decks with attached storage closets and dual vanities in full bathrooms
