$649,000

123 Star Street, Raleigh, NC 27610

  • 8 beds |
  • 4 baths |
  • 4,698 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $138/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Downtown Raleigh Quadruplex For Sale — $649,000 Prime Investment Opportunity in the New Bern Avenue BRT Corridor. Discover this exceptional quadruplex perfectly situated between New Bern Avenue and Poole Road, in the heart of Raleigh's fast-evolving Bus Rapid Transit (BRT) corridor. Strategic Location: Just 400 ± feet from the planned Raleigh Boulevard Transit Station. Spacious Design: 4,698 total SF with 3,132 SF of living area. Layout: 4 Units, 3 Stories, 8 Bedrooms, 4 Baths, and 8 Basement Laundry/Utility Rooms. Accessibility: Minutes to I-440, Downtown Raleigh, and WakeMed Hospital. This property represents a rare investment opportunity offering both steady rental income and long-term appreciation potential. Positioned near major transportation routes, planned transit infrastructure, and ongoing redevelopment, this site is ideal for investors looking to capitalize on Raleigh's continued urban growth.

Listing Status:
Pending
Date Added:
October 11, 2025 at 05:00AM
Listing Office:
Seagate NC LLC : 919-812-3562
Listing Agent:
Louis Ligon Gerald : 919-812-3562
MLS ID:
10127191
  • Basement: BlockConcreteInterior Entry
  • Flooring: ConcreteHardwoodVinyl
  • A/C: Wall/Window Unit(s)
  • Heating: Baseboard
  • Parking: On Street
  • Roofing: Shingle
  • General: BlockConcreteTri-LevelConcreteBlockSlab
  • Road/Access: City Street
  • Originating MLS: Triangle MLS
  • County: Wake
  • Zoning: 1713484653
  • Water: Public
  • Sewer: Public Sewer
  • Source: Triangle MLS

This listing courtesy of Louis Ligon Gerald, Seagate NC LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hunter Magnet Elementary School

1018 E Davie St, Raleigh, NC, 27601

Grades PK-5

0.57 miles away

L

Longview

318 N King Charles Rd, Raleigh, NC, 27610

Grades 6-12

0.53 miles away

L

Longview

318 N King Charles Rd, Raleigh, NC, 27610

Grades 6-12

0.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.