$325,000

8127 Perry Creek Road, Raleigh, NC 27616

3 beds |
3 baths |
1,232 sqft

Duplex
Built in 1986
4,356sqft lot
—— car garage
$264/sqft
Listed 2 months ago

Property Description

Rare opportunity to own a North Raleigh duplex at 8125 (MLS #10125038) & 8127 (MLS #10125035) Perry Creek Rd, offered together at a total list price of $650,000 (~$325K per unit). Unit 8125 was remodeled in 2022 with updates including new roof, HVAC, plumbing, bathrooms, flooring, and kitchen upgrades. Unit 8127 features a new HVAC, new laminate flooring downstairs, new carpet upstairs and stairs, freshly painted kitchen cabinets, and fresh interior paint throughout. Both units are vacant and ready to rent, each projected at approximately $1,700/month ($3,400/month combined). At the $650K price, the property offers an estimated ~6.3% gross cap rate. Both properties are deeded separately but must be purchased together, making this ideal for investors seeking strong cash flow, a 1031 exchange, or buyers looking to live in one side while renting the other. No HOA, private yards, and a prime location near Capital Blvd and I-540. A fantastic addition to any portfolio!

Listing Status:: Active
Date Added:: October 1, 2025 at 05:00AM
Listing Office:: Seyed Armin Ahmadi Mousavi : 919-200-9858
Listing Agent:: Seyed Armin Ahmadi Mousavi : 919-200-9858
MLS ID:: 10125035

General: Ceiling Fan(s)Smooth CeilingsStone Counters
Appliances: DishwasherElectric RangeRefrigeratorWater Heater
Laundry: InsideLaundry RoomMain Level
Flooring: CarpetLaminate
A/C: Ceiling Fan(s)Central Air
Heating: ElectricHeat Pump
Fireplace: Family RoomWood BurningFireplaceFireplaces: 1

General: Fenced YardPrivate YardRain GuttersStorage
Pool: None
Parking: DrivewayOff StreetOn SiteParking Pad

Roofing: Shingle
Windows: Blinds
General: BrickFrameVinyl Siding2

Road/Access: City Street
HOA Amenities: None
Originating MLS: Triangle MLS
County: Wake

Zoning: R-61737188060
View: Other
Fencing: Back YardFencedWood

Utilities: Cable AvailableElectricity AvailablePhone AvailableSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Triangle MLS

This listing courtesy of Seyed Armin Ahmadi Mousavi, Seyed Armin Ahmadi Mousavi

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Wildwood Forest Magnet Elementary School

8401 Wild Wood Forest Dr, Raleigh, NC, 27616

Grades PK-5

0.49 miles away

River Bend Middle School

5601 Wallace Martin Way, Raleigh, NC, 27616

Grades 6-8

2.14 miles away

Millbrook Magnet High School

2201 Spring Forest Rd, Raleigh, NC, 27615

Grades 9-12

3.07 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.