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    Wake County, NC Residential Income Properties for Sale

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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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    Mixed-Use Corner Duplex Rentals
    Mixed-Use Corner Duplex Rentals

    123 & 121 New Rand, Garner, NC 27529

    $675,000
    1,790 sqft 0.87 AC lot

    Two side-by-side rental homes on a corner site, currently zoned mixed use with convenient access near I-40.

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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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    5-Unit Apartment Building
    5-Unit Apartment Building

    621-629 Marshskip Way, Rolesville, NC 27571

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

    New-construction townhome units combine modern finishes, private patios, and convenient access to nearby retail and dining.

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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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    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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    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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    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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    Brick Triplex
    Brick Triplex

    502 Mcknight Drive, Knightdale, NC 27545

    $1,300,000
    3,650 sqft

    Three-unit multifamily property with brick construction, natural-gas heating, and NMX zoning in Knightdale.

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    Glenwood South Development Opportunity
    Glenwood South Development Opportunity

    407 & 411 N Boylan Avenue, Raleigh, NC 27603

    $1,699,000
    4,492 sqft 0.26 AC lot

    Prime downtown Raleigh location for development or renovation.

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    Occupied Residential Income Property
    Occupied Residential Income Property

    8029 Perry Creek Rd, Raleigh, NC 27616

    $245,000
    1,371 sqft

    Townhouse unit with two primary suites, recent improvements, and a fenced rear yard, offered separately from the attached residence.

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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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    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    242 W Academy Street, Wendell, NC 27591

    $895,000
    3,632 sqft 0.45 AC lot

    Two renovated buildings combine a historic lodging residence with flexible office and retail space in downtown Wendell.

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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 Fireplace
    Duplex with Fireplace

    519 E Walnut Avenue, Wake Forest, NC 27587

    $299,900
    1,912 sqft 0.27 AC lot

    Two-unit duplex with central air, on-street parking, and a fireplace set on a 0.27-acre lot.

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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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    Five-Unit Multifamily Building
    Five-Unit Multifamily Building

    613 Bellhaven Street, Garner, NC 27529

    $775,000
    4,624 sqft 0.55 AC lot

    MF-A zoned five-unit multifamily with parking lot and public water and sewer; two units are renovated.

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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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    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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    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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    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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    Wake County, NC Residential Income Properties Market Trends and Statistics

    Explore 92 residential income properties for sale in Wake County, NC, showcased through 92 active listings on our real estate platform. These investment opportunities span a total of 204,281 square feet of properties for sale, with an estimated market value of $79,473,999.

    Sale prices for residential income properties in Wake County, NC start at $140,000, averaging $892,966, 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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