536 E Jones Street Pending

Raleigh,NC 27601

$ 700000

2 Beds

2 Baths

1438 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,438 sqft

Price per Sqft $486

Subdivision Not In A Subdivision

MLS Listing ID 10124897

Style Duplex

Bedrooms 2

Full Baths 2

Year Built 1920

Annual Tax Amount $4,706

Lot Size 7,405 Sqft

Property Sub-Type Duplex

Property Description

Investor Opportunity in Oakwood!

Rare chance to own a fully rented duplex in one of Raleigh's most desirable historic neighborhoods. Each unit features a 1-bedroom, 1-bath unit, providing steady rental income from day one. The property sits on an extra-deep lot (205+ ft), offering excellent potential to build an Accessory Dwelling Unit (ADU) and create a third rental stream.

Located just minutes from Downtown Raleigh, restaurants, and historic Oakwood's charm, this property is ideal for investors looking to expand their portfolio or secure a long-term hold in a high-demand area. With current tenants in place and strong upside potential, this duplex is a turnkey rental investment with room to grow.

Location

State NC

County Wake

Rooms

Other Rooms Primary Bedroom: 13.2 x 9 (Main)
Primary Bedroom: 13.2 x 10.2 (Second)
Family Room: 15.4 x 11.5 (Main)
Family Room: 15.2 x 11.4 (Second)
Kitchen: 20.8 x 9.5 (Main)
Kitchen: 7.7 x 9.6 (Second)

Interior

Heating Natural Gas

Cooling Central Air,Gas,Window Unit(s)

Flooring Hardwood

Exterior

Fence Back Yard

Utilities Available Sewer Connected,Water Connected

View Y/N Yes

Roof Type Shingle

Building

Story 2

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Wake - Conn

Middle Schools Wake - Oberlin

High Schools Wake - Broughton

Others

Special Listing Condition Standard

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