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    Raleigh, NC Multifamily Properties for Sale

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    Knightdale, NC Garner, NC Clayton, NC Fuquay Varina, NC Bailey, NC Wendell, NC Snow Camp, NC Wake Forest, NC
    50 properties
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    Leased Triplex Near Downtown
    Updated: Aug 10
    Leased Triplex Near Downtown

    718 S State Street, Raleigh, NC 27601

    $775,000
    5,040 sqft 0.17 AC lot
    Three fully leased units with leases extending into 2027
    5,040 square feet on a 0.17‑acre lot
    Built in 2008 with vinyl siding and shingle roof
    R‑10 zoning with public water and public sewer
    Central air and forced‑air heating
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    This listing looks promising.

    Here's a quick look at some key insights for

    718 S State Street, Raleigh, NC 27601

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $58K
      Annual

    • Price @ 7% Cap

      $823K
      Above asking

    • Property Type

      Triplex
      Built 2008
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    Duplex with Detached Two-Car Garage
    Updated: Jul 17
    Duplex with Detached Two-Car Garage

    1305 Filmore Street, Raleigh, NC 27605

    $799,000
    1,786 sqft 0.27 AC lot
    0.27‑acre lot with duplex configuration
    Units A and B each have private entrances, living/dining area, kitchen, bedroom, and full bath
    Lower‑level flex space plus laundry areas for added functionality
    Detached two‑car garage and accessory space built in 1999, accessed from the rear alley
    Rear decks, including elevated decks off the bedrooms, plus fenced yard
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    Victorian Triplex with Wraparound Porch
    Victorian Triplex with Wraparound Porch

    612 Polk Street, Raleigh, NC 27604

    $765,000
    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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    Renovated Historic Quadplex
    Renovated Historic Quadplex

    1110 Glenwood Ave, Raleigh, NC 27605

    $1,100,000
    3,192 sqft

    Four apartments combine updated interiors with preserved historic character.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Triplex with Deck
    Triplex with Deck

    3104 Crandon Lane, Raleigh, NC 27604

    $665,000
    3,168 sqft 0.70 AC lot

    R-6 zoned triplex on a 0.7-acre lot with a deck, central heating and cooling, and public water and sewer.

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    Quadplex with Rear Alley Parking
    Quadplex with Rear Alley Parking

    1110 Glenwood Avenue, Raleigh, NC 27605

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

    Quadplex zoned R-10 with 2023 renovations, rear parking with alley access, and three long-term tenants plus one month-to-month unit.

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    Updated Quadplex with In-Unit Laundry
    Updated Quadplex with In-Unit Laundry

    404 E Edenton Street, Raleigh, NC 27601

    $879,000
    3,677 sqft 0.10 AC lot

    Four-unit residential income property with refreshed interiors, private laundry, and a Downtown Raleigh setting.

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    3-Unit Multifamily Investment
    3-Unit Multifamily Investment

    123 Park Ave, Raleigh, NC 27605

    $1,400,000
    3,716 sqft

    Two-building setup offers three residential units with on-site laundry in both buildings and a recent continuous occupancy record.

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    Well-Maintained Duplex with Central Air
    Well-Maintained Duplex with Central Air

    3408 Atlantic Avenue, Raleigh, NC 27604

    $510,000
    2,344 sqft 0.33 AC lot

    R-6 zoned duplex with central air/heat pump, public water and public sewer, and one unit leased through July 15, 2027.

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    Ranch Duplex with Patio
    Ranch Duplex with Patio

    841 Barringer Drive, Raleigh, NC 27606

    $475,000
    1,641 sqft 0.35 AC lot

    Two mirror-image units offer two bedrooms, one full bath, and laundry facilities apiece.

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    Duplex with Two-Bedroom Units
    Duplex with Two-Bedroom Units

    841 Barringer Dr, Raleigh, NC 27606

    $470,000
    1,641 sqft

    Two mirrored residences offer patios, laundry closets, and driveway parking in a naturally wooded setting.

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    Duplex with Private Fenced Backyards
    Duplex with Private Fenced Backyards

    808 Vardaman Street, Raleigh, NC 27610

    $799,000
    2,390 sqft 0.10 AC lot

    Duplex built in 2022 with central HVAC, public utilities, and private fenced backyards for both units in an R-10 zone.

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    Duplex with Private Fenced Backyards
    Duplex with Private Fenced Backyards

    804 Vardaman Street, Raleigh, NC 27610

    $799,000
    2,418 sqft 0.11 AC lot

    Like-new duplex built in 2022 with two units, each featuring a first-floor primary suite and private fenced yard space.

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    Income-Producing Triplex in Raleigh
    Income-Producing Triplex in Raleigh

    15 N Fisher, 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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    Duplex with Fireplaces
    Duplex with Fireplaces

    7413 Leesville Road, Raleigh, NC 27613

    $485,000
    2,231 sqft 0.33 AC lot

    R-6 zoned duplex with private back decks, fireplaces, and central air with heat pump.

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    Duplex with Central Air
    Duplex with Central Air

    841 Barringer Drive, Raleigh, NC 27606

    $470,000
    1,641 sqft 0.35 AC lot

    Two mirror-image units, each with two bedrooms and one full bath, with central air and driveway parking.

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    Stabilized Multifamily Community in Raleigh
    Stabilized Multifamily Community in Raleigh

    2821 Club Plaza, Raleigh, NC 27603

    $1,200,000
    5,742 sqft 0.70 AC lot

    7-unit multifamily property in South Raleigh, 100% occupied.

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    New-Construction Duplex Property
    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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    Four-Unit Duplex Property
    Four-Unit Duplex Property

    626 Maple Lane, Raleigh, NC 27603

    $700,000
    1.24 AC lot

    Occupied residences are leased month to month, with no HOA or restrictive covenants affecting the property.

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    Furnished Townhome Airbnb
    Furnished Townhome Airbnb

    5748 3 Oaks Drive, Raleigh, NC 27612

    $300,000
    1,400 sqft 0.02 AC lot

    Turnkey furnished townhome set up for short-term stays with central air, a porch and deck, and assigned parking.

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    Historic Office Building and Duplex
    Historic Office Building and Duplex

    1117 Hillsborough, Raleigh, NC 27603

    $2,775,000
    6,342 sqft

    Two-story historic office building and duplex with parking lot.

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    New Construction Income Duplex
    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 Detached Two-Car Garage
    Duplex With Detached Two-Car Garage

    1305 Filmore Street, Raleigh, NC 27605

    $825,000

    Duplex with private entrances for both units, plus lower-level flex space and rear deck access.

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    Brick Quadplex with Carport
    Brick Quadplex with Carport

    626 Maple Lane, Raleigh, NC 27603

    $700,000
    3,408 sqft 1.24 AC lot

    Occupied four-unit property with month-to-month leases in a brick quadplex with central air and a carport.

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    Raleigh, NC Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Raleigh, NC, showcased through 50 active listings on our real estate platform. These investment opportunities span a total of 136,284 square feet of properties for sale, with an estimated market value of $50,196,899.

    Sale prices for multifamily properties in Raleigh, NC start at $245,000, averaging $1,045,768, 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 27
    Triplexes 10
    Short term rental properties 9
    Apartment buildings 8
    Quadplexes 6

    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 $315K
    27613 $490K
    27604 $600K
    27601 $700.6K
    27610 $1M

    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
    • 27606
    • 27603
    • 27604
    • 27605
    • 27601
    • 27613
    • 27616
    • 27612
    • 27615

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