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    Raleigh, NC Multifamily Properties for Sale

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    Knightdale, NC Garner, NC Clayton, NC
    40 properties
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    Recently Updated Duplex Income Property
    Updated: May 27
    Recently Updated Duplex Income Property

    8023 Perry Creek Road, Raleigh, NC 27616

    $250,000
    1,437 sqft · 0.10 AC lot
    Recently updated duplex—fully occupied income property with 3 bed/3 bath units (3b 3b each unit)
    Two individual parcels to be sold together: 8023 Perry Creek Rd and 8025 Perry Creek Rd
    Granite countertops plus LVP flooring downstairs; vinyl siding exterior with shingle roof (built 1986)
    Central heating and central air; includes dishwasher, electric oven, and refrigerator
    Private outdoor features include a deck and fenced yard with chain‑link fencing and rain gutters
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    This listing looks promising.

    Here's a quick look at some key insights for

    8023 Perry Creek Road, Raleigh, NC 27616

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $237K
      Suggested

    • Property Type

      Townhouse
      Built 1986
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    Residential Income Triplex
    Updated: Jun 7
    Residential Income Triplex

    3104 Crandon Lane, Raleigh, NC 27604

    $665,000
    3,168 sqft · 0.70 AC lot
    Built in 1985 with vinyl siding and a shingle roof
    Central heating with natural gas and central air with electric cooling
    Ceiling fans and an eat‑in kitchen, plus smooth ceilings
    Tile‑ceramic, laminate, and carpet flooring
    Fireplace included
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    Pre-Leased Student Housing Duplex Community
    Pre-Leased Student Housing Duplex Community

    3605 Burt Drive, Raleigh, NC 27606

    $3,450,000
    13,800 sqft · 0.21 AC lot

    Purpose-built student housing with private bedroom bathrooms and large outdoor living areas, nearly fully pre-leased for 2026–2027.

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    Updated Four-Unit Residential Income
    Updated Four-Unit Residential Income

    404 E Edenton Street, Raleigh, NC 27601

    $899,000
    3,677 sqft · 0.10 AC lot

    Turnkey quadplex with renovated kitchens and baths, plus in-unit laundry near Downtown Raleigh.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Historic Quadplex with Rear Parking
    Historic Quadplex with Rear Parking

    1110 Glenwood Avenue, Raleigh, NC 27605

    $1,100,000
    3,192 sqft · 0.17 AC lot

    Four renovated apartments with alley-access parking, including three long-term tenants and one month-to-month unit.

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    Four-Unit Corner Lot Income Property
    Four-Unit Corner Lot Income Property

    509 Cape Avenue, Raleigh, NC 27601

    $969,000
    2,513 sqft · 0.29 AC lot

    Four renovated units in two duplexes with separate utility metering and ample on- and off-street parking.

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    Brick Triplex with Two 3-Bed Units
    Brick Triplex with Two 3-Bed Units

    850 Athens Drive, Raleigh, NC 27606

    $599,000
    2,727 sqft · 0.55 AC lot

    R-6 zoned brick triplex on a 0.55-acre lot with two leased 3-bedroom units and one currently vacant 2-bedroom unit.

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    Corner Lot Multifamily Income Property
    Corner Lot Multifamily Income Property

    700 Glascock Street, Raleigh, NC 27604

    $625,000
    1,777 sqft · 0.22 AC lot

    Eight-room income property with month-to-month occupancy and updates including roof, HVAC, and refreshed interiors.

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    Turnkey Renovated Duplex
    Turnkey Renovated Duplex

    3408 Atlantic Avenue, Raleigh, NC 27604

    $524,000
    2,344 sqft · 0.33 AC lot

    Renovated two-unit duplex on a spacious lot, offering flexible living and rental income possibilities in Wake County.

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    841 Barringer Drive, Raleigh, NC 27606

    $480,000
    1,641 sqft · 0.35 AC lot

    Two mirrored 2-bedroom units offer driveway parking and back patios for tenant-ready living arrangements.

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    Modern Duplex with Private Backyards
    Modern Duplex with Private Backyards

    808 Vardaman Street, Raleigh, NC 27610

    $799,000
    2,390 sqft · 0.10 AC lot

    A two-unit duplex featuring fenced yards and modern interior finishes, offering flexible layouts for tenants.

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    Duplex with Private Fenced Yards
    Duplex with Private Fenced Yards

    804 Vardaman Street, Raleigh, NC 27610

    $799,000
    2,418 sqft · 0.11 AC lot

    Two-unit duplex offers open-concept living, first-floor primary suite space, and private fenced backyards for each unit.

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    Duplex Income Property
    Duplex Income Property

    2217 Garden Place, Raleigh, NC 27607

    $825,000
    1,944 sqft · 0.34 AC lot

    Duplex on RX-3 zoned land with in-place leases extending through July 18, 2027.

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    Raleigh Duplex with Development Potential
    Raleigh Duplex with Development Potential

    1511 Joe Louis Avenue, Raleigh, NC 27610

    $525,000
    1,352 sqft · 0.21 AC lot

    Rental income property with redevelopment possibilities in downtown Raleigh.

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    Raleigh Multifamily Investment Opportunity
    Raleigh Multifamily Investment Opportunity

    626 Maple Lane, Raleigh, NC 27603

    $700,000
    3,408 sqft · 1.24 AC lot

    Four-unit multifamily property on 1.24 acres in Raleigh.

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    Raleigh Duplex with Development Potential
    Raleigh Duplex with Development Potential

    600 Sherrybrook Drive, Raleigh, NC 27610

    $525,000
    1,360 sqft · 0.20 AC lot

    Rental income property with redevelopment possibilities in downtown Raleigh.

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    Income-Producing Triplex in Raleigh, NC
    Income-Producing Triplex in Raleigh, NC

    15 N Fisher Street, Raleigh, NC 27610

    $600,000
    3,028 sqft · 0.11 AC lot

    Stable income triplex near Downtown Raleigh with high occupancy.

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    Historic Victorian Duplex Residence
    Historic Victorian Duplex Residence

    409 Oakwood Avenue, Raleigh, NC 27601

    $795,000
    2,585 sqft · 0.16 AC lot

    Historic two-story side-hall-plan frame property on a 0.16-acre lot, with period exterior details and multi-unit history.

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    Ranch Duplex with Low-Maintenance Slab
    Ranch Duplex with Low-Maintenance Slab

    1007 N King Charles Road, Raleigh, NC 27610

    $479,900
    1,992 sqft · 0.23 AC lot

    Ranch duplex with vinyl siding and slab construction, offering two income units with one fully renovated in 2026.

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    New Duplex Investment Opportunity
    New Duplex Investment Opportunity

    1510 Boyer Street, Raleigh, NC 27610

    $1,275,000
    4,080 sqft · 0.10 AC lot

    New construction duplex with long and short term rental income.

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    New Duplexes in Raleigh
    New Duplexes in Raleigh

    1508 Boyer Street, Raleigh, NC 27610

    $1,275,000
    4,080 sqft · 0.10 AC lot

    Two new duplexes offering flexible investment opportunities in Raleigh.

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    Townhome-Style Condo Building
    Townhome-Style Condo Building

    720 Noble Town Way, Raleigh, NC 27603

    $4,500,000
    9,062 sqft · 2.16 AC lot

    Six townhome-style condos offer private garages and screened porches, simplifying resident lifestyle and ownership.

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    Remodeled Quadplex in Raleigh Location
    Remodeled Quadplex in Raleigh Location

    Raleigh, NC 27603

    $660,000
    2,792 sqft · 0.87 AC lot

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

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    Updated Duplex Income Property
    Updated Duplex Income Property

    8025 Perry Creek Road, Raleigh, NC 27616

    $250,000
    1,437 sqft · 0.10 AC lot

    Recently updated duplex is fully occupied with 3 bed, 3 bath units and interior finishes including granite countertops.

    View details

    Raleigh, NC Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Raleigh, NC, showcased through 40 active listings on our real estate platform. These investment opportunities span a total of 141,953 square feet of properties for sale, with an estimated market value of $39,098,900.

    Sale prices for multifamily properties in Raleigh, NC start at $245,000, averaging $1,149,967, and reaching up to $5,750,000 — 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

    Duplexes 18
    Apartment buildings 9
    Short term rental properties 7
    Quadplexes 6
    Triplexes 5

    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
    27604 $604.7K
    27607 $825K
    27601 $1.1M
    27605 $1.3M
    27603 $1.8M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wake County

    Residential Income

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    Most Searched ZIP Codes in Raleigh, NC

    • 27610
    • 27603
    • 27601
    • 27606
    • 27604
    • 27616
    • 27605
    • 27607

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