Raleigh, NC Multifamily Properties for Sale

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Garner, NC Knightdale, NC Clayton, NC Fuquay Varina, NC Wendell, NC Snow Camp, NC Wake Forest, NC Apex, NC

Found 56 multifamily properties for sale in Raleigh, NC, averaging $296/sq ft. Use valuation data to compare deals faster.

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Updated: Sep 4

Student Housing Apartment Portfolio

4204 Reavis Road, Raleigh, NC 27606

$4,950,000

13,600 sqft

Eight 4‑bedroom, 4.5‑bath townhomes with 32 beds total
13,600 square feet of purpose‑built student housing
Adjacent to NC State with access to Downtown Raleigh and I‑440
50% leased for the 2026‑2027 academic year
Private bathroom for every bedroom plus attached garages

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Updated: Sep 15

Brick Quadplex with Basement Laundry

2408 Stafford Avenue, Raleigh, NC 27607

$850,000

2,208 sqft 0.20 AC lot

Four‑unit residential income property with 2,208 square feet
1940 brick construction on a 0.2‑acre lot
Basement laundry facility with tenant storage
R‑6 zoning with public water and public sewer
Roof replaced in 2017; exterior trim painted and gutters replaced in 2022

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Historic Duplex with Detached Garage

1305 Filmore Street, Raleigh, NC 27605

$799,000

1,786 sqft 0.27 AC lot

Two separately entered units offer kitchens, bedrooms, full baths, lower-level space, laundry areas, and rear decks.

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Renovated 4-Unit Quadplex

4304 Presley Ct, Raleigh, NC 27604

$749,900

4,172 sqft

Four two-bedroom units with renovated interiors, updated systems, and a mix of leased and vacant residences.

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Three-Unit Multifamily Property

3104 Crandon Lane, Raleigh, NC 27604

$665,000

3,168 sqft 0.70 AC lot

R-6 zoning, public water, and public sewer serve this established residential property.

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Victorian Triplex with Wraparound Porch

612 Polk Street, Raleigh, NC 27604

$725,000

2,056 sqft 0.13 AC lot

Two-story income property with three bedrooms, three bathrooms, public utilities, and a detached rear storage structure.

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Updated Quadplex with In-Unit Laundry

404 E Edenton Street, Raleigh, NC 27601

$799,900

3,677 sqft 0.10 AC lot

Four-unit residential property with renovated interiors, private laundry, and a mix of one- and two-bedroom apartments.

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Brick Quadplex with Basement Laundry

2408 Stafford Ave, Raleigh, NC 27607

$850,000

2,208 sqft

Four-unit residential income property with updated building systems, basement storage, and laundry access for tenants.

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Duplex with Updated Vacant Unit

841 Barringer Drive, Raleigh, NC 27606

$475,000

1,641 sqft 0.35 AC lot

Ranch-style duplex with matching two-bedroom layouts, private backyard patios, and driveway parking in a wooded setting.

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Contemporary Duplex with Fenced Yards

804 Vardaman Street, Raleigh, NC 27610

$799,000

2,418 sqft 0.11 AC lot

Two three-bedroom units feature open living areas, first-floor primary suites, updated kitchens, and private outdoor space.

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Student Housing Apartment Building

4204 Reavis Rd, Raleigh, NC 27606

$4,950,000

13,600 sqft

New construction offers private baths, attached garages, and in-unit laundry for a campus-oriented rental operation.

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2022 Duplex with Fenced Yards

808 Vardaman Street, Raleigh, NC 27610

$799,000

2,390 sqft 0.10 AC lot

Two residential units offer open layouts, first-floor primary suites, and contemporary finishes near Downtown Raleigh and NCSU.

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New-Construction Duplex Property

1508 Boyer Street, Raleigh, NC 27610

$1,270,000

4,080 sqft 0.10 AC lot

Four units combine long-term leasing with furnished short-term rental operations and flexible ownership options.

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Duplex with Private Fenced Backyards

804 Vardaman St, Raleigh, NC 27610

$799,000

2,418 sqft

Two residences feature open layouts, contemporary kitchens, primary suites, and upstairs bedrooms.

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New Construction Income Duplex

1510 Boyer Street, Raleigh, NC 27610

$1,270,000

4,080 sqft 0.10 AC lot

Two-unit property with established long-term and furnished short-term rental operations.

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Duplex with Private Patios

841 Barringer Drive, Raleigh, NC 27606

$470,000

1,641 sqft 0.35 AC lot

Mirror-image units feature two bedrooms, one full bath, laundry closets, and separate backyard patios.

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Commercial Land Redevelopment Site

820826 820-826 New Bern Avenue 820-822-824-826, Raleigh, NC 27601

$999,000

2,169 sqft

OX-3 zoning supports multiple potential development directions.

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Furnished Short-Term Rental Townhome

5748 3 Oaks Drive, Raleigh, NC 27612

$290,000

1,400 sqft 0.02 AC lot

Renovated three-bedroom residence with assigned parking, public utilities, and furnishings included in the sale.

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Four-Unit Quadplex with Private Decks

5333 Wayne St, Raleigh, NC 27606

$699,999

3,981 sqft

Each residence offers a two-bedroom, two-bath layout with flexible month-to-month lease terms.

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Four-Unit Brick Quadplex Property

626 Maple Lane, Raleigh, NC 27603

$700,000

3,408 sqft 1.24 AC lot

Two connected duplex structures offer four occupied units with month-to-month leases.

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New Construction Duplex

804 Cotton Pl, Raleigh, NC 27601

$1,618,000

4,054 sqft

Two contemporary units provide four bedrooms, 3.5 bathrooms, flexible living areas, and modern kitchen appointments each.

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Ranch Duplex

1007 N King Charles Road, Raleigh, NC 27610

$429,900

1,992 sqft 0.23 AC lot

Two-unit residential property with slab construction, vinyl siding, and public water and sewer service.

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Duplex with Two-Car Garage

916 Dorothea Dr, Raleigh, NC 27603

$550,000

1,582 sqft

Two one-bedroom apartments occupy a corner property with a wraparound porch and a large yard.

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Brick Triplex with Mixed-Use Zoning

15 N Fisher Street, Raleigh, NC 27610

$600,000

3,028 sqft 0.11 AC lot

Three leased units create a fully occupied income-producing configuration near Downtown Raleigh.

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Raleigh, NC Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Raleigh, NC, showcased through 56 active listings on our real estate platform. These investment opportunities span a total of 156,966 square feet of properties for sale, with an estimated market value of $63,316,898.

Sale prices for multifamily properties in Raleigh, NC start at $245,000, averaging $1,172,535, and reaching up to $5,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 560K

Population Growth (5Y) +2.6%

Median Household Income $90,224

College Educated 30.2%

High-Yield Neighborhoods for Investment

Identify Raleigh submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
27612	$290K
27613	$479K
27604	$680K
27610	$828.8K
27607	$850K

Taxes & Financing

Tax Rate (average for all types) 1.00%

Property Tax per SF $8.87 per SF

Tax Rate vs County Average 0.01 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wake County

New Delisted

Total CRE Inventory on Market (SF)

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