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    Raleigh, NC Multifamily Properties for Sale

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    Garner, NC Knightdale, NC Clayton, NC
    30 results
    Raleigh Triplex Near Downtown
    $659,000
    2,727 SF

    Raleigh Triplex Near Downtown

    850 Athens Drive, Raleigh, NC 27606

    Three-unit apartment building near downtown Raleigh and NC State University.

    • 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
    Updated: May 15
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    Updated Duplexes Near Downtown Raleigh
    $975,000
    2,513 SF

    Updated Duplexes Near Downtown Raleigh

    509 Cape Avenue, Raleigh, NC 27601

    Four updated units near Chavis Park, walkable to downtown.

    • Prime Downtown Raleigh location facing Chavis Park, offering walkable access to downtown amenities and green space.
    • Two duplexes on two deeded lots, presenting a significant investment or building opportunity.
    • Four updated units with long‑term tenants, providing immediate rental income.
    • Individually metered for water and electric, with tenants responsible for utilities.
    • Ample parking available both on and off‑street.
    Updated: Apr 3
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    Renovated Duplex Near Downtown Raleigh
    $549,000
    2,344 SF

    Renovated Duplex Near Downtown Raleigh

    Turnkey investment opportunity with two renovated units on 0.33-acre lot.

    3408 Atlantic Avenue, Raleigh, NC 27604
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    Income-Producing Duplex Near Downtown Raleigh
    $875,000
    2,418 SF

    Income-Producing Duplex Near Downtown Raleigh

    Modern duplex near downtown Raleigh and NCSU campus.

    804 Vardaman Street, Raleigh, NC 27610
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    Raleigh Duplex: Investment Opportunity
    $425,000
    1,874 SF

    Raleigh Duplex: Investment Opportunity

    Fully occupied duplex in Raleigh with leases secured through next year.

    4925 Coral Ridge, Raleigh, NC 27616
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    Raleigh Ranch Duplex For Sale
    $499,900
    1,992 SF

    Raleigh Ranch Duplex For Sale

    Ranch duplex in downtown Raleigh, convenient location.

    1007 N King Charles Road, Raleigh, NC 27610
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    Raleigh Duplex with Development Potential
    $525,000
    1,360 SF

    Raleigh Duplex with Development Potential

    Rental income property with redevelopment possibilities in downtown Raleigh.

    600 Sherrybrook Drive, Raleigh, NC 27610
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    Raleigh Duplex with Development Potential
    $525,000
    1,352 SF

    Raleigh Duplex with Development Potential

    Rental income property with redevelopment possibilities in downtown Raleigh.

    1511 Joe Louis Avenue, Raleigh, NC 27610
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    Raleigh Multifamily Investment Opportunity
    $700,000
    3,408 SF

    Raleigh Multifamily Investment Opportunity

    Four-unit multifamily property on 1.24 acres in Raleigh.

    626 Maple Lane, Raleigh, NC 27603
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    Income-Producing Triplex in Raleigh, NC
    $600,000
    3,028 SF

    Income-Producing Triplex in Raleigh, NC

    Stable income triplex near Downtown Raleigh with high occupancy.

    15 N Fisher Street, Raleigh, NC 27610
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    Remodeled Quadplex in Raleigh Location
    $660,000
    2,792 SF

    Remodeled Quadplex in Raleigh Location

    Fully leased, remodeled quadplex with modern updates and outdoor space.

    Raleigh, NC 27603
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    Income-Producing Duplex Near Downtown Raleigh
    $875,000
    2,390 SF

    Income-Producing Duplex Near Downtown Raleigh

    Modern duplex near downtown Raleigh and NCSU campus.

    808 Vardaman Street, Raleigh, NC 27610
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    Raleigh Duplex Investment Opportunity
    $425,000
    1,769 SF

    Raleigh Duplex Investment Opportunity

    Income-generating duplex near Downtown Raleigh's parks, schools, and entertainment.

    217 Heck Street, Raleigh, NC 27601
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    Updated Duplex in Downtown Raleigh
    $435,000
    936 SF

    Updated Duplex in Downtown Raleigh

    Turnkey duplex in downtown Raleigh, ideal for short-term rentals.

    740 Quarry Street, Raleigh, NC 27601
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    New Duplex Investment Opportunity
    $1,275,000
    4,080 SF

    New Duplex Investment Opportunity

    New construction duplex with long and short term rental income.

    1510 Boyer Street, Raleigh, NC 27610
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    New Duplexes in Raleigh
    $1,275,000
    4,080 SF

    New Duplexes in Raleigh

    Two new duplexes offering flexible investment opportunities in Raleigh.

    1508 Boyer Street, Raleigh, NC 27610
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    Raleigh Duplex Opportunity: Ranch Style
    $245,000
    1,312 SF

    Raleigh Duplex Opportunity: Ranch Style

    Duplex near downtown Raleigh with income potential and recent upgrades.

    325 Ranch Farm Road, Raleigh, NC 27603
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    Multifamily Building Near Downtown Raleigh
    $1,550,000
    6,780 SF

    Multifamily Building Near Downtown Raleigh

    20-unit multifamily building near downtown Raleigh, fully rented.

    2911 Boone Trail, Raleigh, NC 27610
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    Raleigh Land with Development Potential
    $2,400,000
    10.00 Acres

    Raleigh Land with Development Potential

    10-acre parcel suitable for residential, commercial, or special use.

    408 Johnston Road, Raleigh, NC 27603
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    New Townhome Residences Portfolio
    $5,999,000
    28,224 SF

    New Townhome Residences Portfolio

    Portfolio of new construction townhomes in Raleigh, North Carolina.

    3712 Mineral Mill, Raleigh, NC 27616
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    Income-Producing Triplex in Raleigh
    $600,000
    3,028 SF

    Income-Producing Triplex in Raleigh

    Stable income triplex near Downtown Raleigh with high occupancy.

    15 N Fisher, Raleigh, NC 27610
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    Historic Office Building and Duplex
    $2,775,000
    6,342 SF

    Historic Office Building and Duplex

    Two-story office building and duplex in Downtown Raleigh.

    1117 Hillsborough St & 920 W Morgan St, Raleigh, NC 27603
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    Raleigh Multifamily Investment Opportunity
    $1,150,000
    5,900 SF

    Raleigh Multifamily Investment Opportunity

    Multifamily property near Downtown Raleigh with convenient city access.

    1600 Poole Rd, Raleigh, NC 27610
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    Historic Multifamily Building in Raleigh
    $1,595,000
    3,398 SF

    Historic Multifamily Building in Raleigh

    Four-unit multifamily property near NC State and Downtown Raleigh.

    300 Horne St, Raleigh, NC 27607
    View details

    Raleigh, NC Multifamily Properties Investment Opportunities Market Analysis

    Explore 650 multifamily properties for sale in Raleigh, NC, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 106,131 square feet of properties for sale, with an estimated market value of $29,166,900.

    Sale prices for multifamily properties in Raleigh, NC start at $245,000, averaging $1,166,676, and reaching up to $5,999,000 — 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

    Duplexes 14
    Apartment buildings 7
    Short term rental properties 5
    Quadplexes 4
    Triplexes 3

    Demographics Overview

    Population 560K
    Population Growth (5Y) +2.6%
    Median Household Income $90,224
    College Educated 30.2%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    27612 $567.5K
    27605 $675K
    27610 $937.5K
    27601 $1.3M
    27607 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.00%
    Property Tax per SF $8.87 per sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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    • 27610
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    • 27604
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