4632 Kilcullen Drive, Raleigh, NC 27604
- 8 beds |
- 8 baths |
- 4,192 sqft
Multi-Family Home 
Built in 1983 
0.34acre lot
—— car garage 
$191/sqft 
Listed 3 months ago
Property Description
Updated Quadruplex in Prime Raleigh Location with Strong Cash Flow Potential Outstanding investment opportunity in the heart of Raleigh. This well-maintained quadruplex sits on a desirable corner lot at Kilcullen and Hoyle Dr., offering excellent access to major employers, shopping, parks, and transit corridors. Its central location supports consistent tenant demand and long-term stability. All units have been thoughtfully updated or remodeled, providing a clean and modern living experience. Recent improvements include new windows throughout the building within the last five years, boosting energy efficiency and reducing long term operating costs. Ground level of each unit features durable LVP flooring, ideal for high traffic rental use. In addition, each unit has 2 assigned off street parking spaces. Each unit offers a highly functional layout with two bedrooms, each with its own private bathroom area with toilet and sink. The bedrooms share a Jack and Jill shower/tub, a layout that maximizes privacy while keeping maintenance simple--an appealing feature for renters and a cost efficient setup for owners. One unit is currently vacant, offering flexibility for an owner occupant or the ability to place a new tenant at market rent, enhancing immediate cash flow potential. The remaining units are tenant occupied. Tenants pay their own utilities, including garbage service, which helps keep operating expenses predictable and favorable for the owner. Location Benefits: This property is positioned in a high demand area of Raleigh, close to major employment hubs, universities, medical centers, and retail corridors. Raleigh's strong population growth and rental demand contribute to stable occupancy and competitive rents. The corner lot placement also provides easy access and visibility, adding long term value for both renters and investors. With its updates, efficient layout, tenant paid utilities, and prime location, this property is a compelling addition to any rental portfolio--designed for durability, consistent occupancy, and strong income performance.
- Listing Status:
- Active
- Data Last Updated:
- August 6, 2026 at 7:17AM
- Listing Office:
- Parker James Properties LLC : 919-771-8114
- Listing Agent:
- Myron Von Raesfeld : 408-472-4025
- MLS ID:
- 10163045
- General: None
- Style: TransitionalBi-Level
- Other Structures: PorchFront PorchCovered
- Pool: None
- Parking: AssignedAsphaltParking spaces: 8
- Roofing: Composition
- Windows: BlindsDouble Pane WindowsScreens
- General: Blown-In InsulationFrameMasonite2Slab
- Road/Access: City Street
- HOA Amenities: None
- Originating MLS: AMLSNC_TRIANGLE
- County: Wake
- Zoning: Lo18 Pepperdyne II Sub Bm1983-00400172617027085000 0128088
- View: None
- Fencing: None
- Utilities: Cable AvailableCable ConnectedElectricity ConnectedNatural Gas AvailableSewer Connected
- Water: Public
- Sewer: Public Sewer
- Source: AMLSNC_TRIANGLE
This listing courtesy of Myron Von Raesfeld , Parker James Properties LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
