Raleigh Triplex Near
850 Athens Drive, Raleigh, NC 27606
New
DUPLEX - Other - Raleigh, NC
Property size:
2,727 SFLot size:
0.55 AcresPrice / SF:
$241/SF- Added:
- May 15, 2026
- Days on Market:
- 5
- Last Refresh:
- May 19 at 11:06 am
Property Features for 850 Athens Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-6
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 7, Bedroom 8, Bedroom 6, Bathroom 2
- Appliances
- Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
- Standard status
- Active
- APN
- 078306279698000 0010286
- Size
- 2,727 SF
- Lot size
- 0.55 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 78 Thru 81 Fairview Hills
- Tax Annual Amount
- 3768
Utilities
- Sewer type
- Public Sewer
- Heating system
- Radiant, Radiant Floor, Electric (Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Shingle
- Architectural style
- Other
Listing agent George Patrick III (919) 278-7420
Listing office Berkshire Hathaway HomeService 3700 Computer Drive Ste.100, Raleigh, NC (919) 782-6641
Listing date May 15, 2026
MLS# 10168019
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
- Rare 3‑unit brick apartment building near downtown Raleigh and NC State University
- Large 0.55 acre lot zoned R6, offering redevelopment potential (subject to city approval)
- Opportunity to increase rental income through light renovation of existing units
- Potential to build an ADU (Accessory Dwelling Unit), pending city approval and land use requirements
- One unit is currently vacant, allowing for immediate showings and owner occupancy
- Existing structure includes two 3‑bedroom units and one 2‑bedroom unit
Overview
This classic brick three-unit apartment building is located near downtown Raleigh and NC State University on a 0.55-acre lot. The building is zoned R6 and features two 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. The 2-bedroom unit is currently vacant to facilitate showings. The prior total monthly rent, including the 2-bedroom unit, was $3715. Potential opportunities for a new owner include possible redevelopment, light renovation of existing units to increase rent, and the construction of an Accessory Dwelling Unit (ADU), subject to city approval and land use requirements. Investors also have the option to occupy the vacant unit while building equity. The property size is 2727 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.720181
- Latitude
- 35.77659
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit apartment building near downtown Raleigh and NC State University.
Where is this triplex located?
The property is located at 850 Athens Drive Raleigh, NC.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Rare 3‑unit brick apartment building near downtown Raleigh and NC State University; Large 0.55 acre lot zoned R6, offering redevelopment potential (subject to city approval); Opportunity to increase rental income through light renovation of existing units
