4300 Presley Ct. Court A, B, C, D,Raleigh, NC 27604
Raleigh, NC 27604
Description
Excellent opportunity to acquire a strong incomeproducing quadplex in a centrally located Raleigh submarket. All four HVAC systems have been replaced within the past six years, significantly reducing nearterm capital expenditures. Each unit is clean, wellmaintained, and nicely updated, supporting stable tenant demand. Two units were recently vacated and are in the process of being released at $1,500 per month, bringing the property to a projected gross annual income of $72,000 once fully stabilized. The building sits at the end of a quiet culdesac, offering added privacy and appeal for renters. With quick access to Capital Blvd and major Raleigh employment centers, this location consistently delivers strong rental performance and historically low vacancy rates. For investors seeking a cashflowing, mechanically updated asset with clear rentgrowth potential, 4300 Presley Ct is a compelling addition to any portfolio.
Details
| MLS # | 10188603 |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Year | 1983 |
| Days On Site | 36 |
| Listing Provided By | Parker James Properties LLC | Myron Von Raesfeld |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 4,192 |
| Story(s) | 2 |
| Zoning | RX-3 |
| Acreage | 0.45 |
Interior
| Interior Features | Crown Molding |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Laundry Features | Laundry Closet |
Exterior
| Roof | Composition, Metal, Shingle |
|---|---|
| Foundation Details | Slab |
| Lot Features | Cul-De-Sac |
| Construction Materials | Board & Batten Siding, Frame, Lap Siding, Vertical Siding |
| Security Features | Smoke Detector(s) |
| Patio And Porch Features | Front Porch |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Off Street |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 589503 |
|---|---|
| Tax Legal Description | Lo8 Pepperdyne II Sub Bm1983-00400 |
| Tax Year | 2026 |
| Tax Map Number | 8 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27604 |
| Area | Wake |
| Community Name | Pepperdine |
| Listing VS Median (in Pepperdine) | |
Price: $789,950 low | high Med: $762,425 sqft: 4,192 low | high Med: 4,182 $ / sqft: $188 low | high Med: $182 On site: 36 low | high Med: 91 | |
Market Activity 27604
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Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27604 |
| Area | Wake |
| Community Name | Pepperdine |
| Listing VS Median (in Pepperdine) | |
Price: $789,950 low | high Med: $762,425 sqft: 4,192 low | high Med: 4,182 $ / sqft: $188 low | high Med: $182 On site: 36 low | high Med: 91 | |
Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.
