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    Wake County, NC Multifamily Properties for Sale

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    Turnkey Duplex on Corner Lot
    Updated: Jun 5
    Turnkey Duplex on Corner Lot

    100 Madrid Court, Garner, NC 27529

    $419,900
    2,388 sqft · 0.29 AC lot
    Fully rented duplex on a corner lot with no HOA fees
    0.29‑acre fenced lot; exterior includes rain gutters and a driveway for parking
    Each unit offers 3 bedrooms and 1.5 baths, with central heating and central air
    Kitchens include refrigerator, range, and dishwasher; laminate counters and LVP on the 1st floor of both units
    Roof was done in 2020; HVAC is approximately 5 years old; ceiling fans and shingle roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    100 Madrid Court, Garner, NC 27529

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $394K
      Suggested

    • Property Type

      Duplex
      Built 1981
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    Leased Duplex Investment Property
    Updated: Jul 2
    Leased Duplex Investment Property

    128 Rainbow Court, Cary, NC 27511

    $622,500
    2,624 sqft · 0.39 AC lot
    Duplex with both units currently leased
    Leases in place through March 2027 (128 Rainbow Court) and June 2027 (130 Rainbow Court)
    Built in 1973 with central heating and central air conditioning
    Public water and public sewer
    Brick and wood siding exterior with shingle roof
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    Residential Income Triplex
    Residential Income Triplex

    3104 Crandon Lane, Raleigh, NC 27604

    $665,000
    3,168 sqft · 0.70 AC lot

    Triplex with one vacant unit available to show and long-term tenancy in place, sold as-is.

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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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    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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    Two-Unit Corner Rental Property
    Two-Unit Corner Rental Property

    123 & 121 New Rand Road, Garner, NC 27529

    $675,000
    1,790 sqft · 0.87 AC lot

    Two side-by-side rental homes on a corner lot, zoned CMX mixed use for flexible mixed-use development.

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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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    Five-Unit Multifamily Investment Property
    Five-Unit Multifamily Investment Property

    613 Bellhaven Street, Garner, NC 27529

    $775,000
    4,624 sqft · 0.55 AC lot

    Five-unit multifamily property with two renovated units and three units ready for immediate occupancy.

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    5-Unit Townhome Building
    5-Unit Townhome Building

    621 Marshskip Way, Rolesville, NC 27571

    $1,785,000
    1,827 sqft · 0.04 AC lot

    Five townhome units with private patios and modern finishes near Publix and retail in Rolesville.

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    Duplex with Two Townhouse Units
    Duplex with Two Townhouse Units

    105 - 107 Chevis Drive, Cary, NC 27513

    $510,000
    2,140 sqft · 0.42 AC lot

    Townhouse-style duplex offers two private-entry units with updated exterior and mechanical improvements.

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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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    Cary Duplex Investment Opportunity
    Cary Duplex Investment Opportunity

    110 Misty Court, Cary, NC 27513

    $545,000
    2,610 sqft · 0.48 AC lot

    Duplex in excellent location near I-40 and downtown Cary.

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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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    Cary Multi-Family Investment Opportunity
    Cary Multi-Family Investment Opportunity

    1208 Walnut Street, Cary, NC 27511

    $950,000
    3,657 sqft · 1.20 AC lot

    Income-producing triplex with commercial zoning and redevelopment potential.

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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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    Wake County, NC Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Wake County, NC, showcased through 54 active listings on our real estate platform. These investment opportunities span a total of 204,641 square feet of properties for sale, with an estimated market value of $49,971,300.

    Sale prices for multifamily properties in Wake County, NC start at $245,000, averaging $1,063,219, 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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