Property summary
Exceptional redevelopment opportunity encompassing two duplex properties located in Raleigh and Knightdale, North Carolina. This portfolio presents a compelling investment prospect, offering a combined four units across two buildings, each spanning two stories. The properties boast a total square footage ranging from 960 to 1,088 square feet, situated on sizable lots ranging from 0.46 to 0.83 acres. The asking price for this package is $1,100,000, translating to $275,000 per unit. Both properties are zoned for mixed-use and residential development (R-6 and GR-3), providing flexibility for a variety of development plans. The Knightdale property benefits from its location within an opportunity zone, and local authorities actively encourage high-density residential and mixed-use projects, creating a favorable environment for redevelopment. This portfolio offers a unique blend of current cash flow and significant future development potential, making it an attractive investment for discerning buyers. The Raleigh property is located at 2809 Haven Rd, Raleigh, NC 27610, while the Knightdale property is situated at 313 Main St, Knightdale, NC 27545. Both properties are in Wake County.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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