4304 Presley Court

Raleigh, NC 27604
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43 images $775,000 View home

Pepperdine

4304 Presley Court, Raleigh NC 27604

8 bd / 8 ba / 4,172 sqft

Status: Active, MLS #10187813 Courtesy of EXP Realty LLC.
Active ID# 10187813

4304 Presley Court

Raleigh, NC 27604
Active ID# 10187813

Raleigh quadplex with income in place and opportunity to capture current market rents! Two of the four 2-bedroom units are currently leased, including Unit A at $1,400/month and Unit D on a newly signed 2-year lease at $1,650/month. Incredible current market rate! The two remaining units are vacant, giving the next owner the flexibility to select their own tenants and lease at current market rates. Significant improvements have been completed since 2022, including new siding, windows, exterior doors, gutters, updated exterior plumbing, drainage improvements, and refreshed porches. Interior renovations throughout the property include updated kitchens, stainless steel appliances, LVP flooring, plumbing and electrical updates, newer HVAC systems, and additional cosmetic improvements. Each unit features 2 bedrooms with a unique layout offering each bedroom its own private sink and toilet area with a shared connecting tub/shower. Renovated Unit C features LVP throughout and is ready for its next occupant, while Unit B offers additional value-add potential for the next owner. With existing rental income, a newly secured 2-year lease, two vacant units ready for the next leasing strategy, and substantial improvements already completed, 4304 Presley Court offers an attractive combination of stability and upside for its next investor. See attached improvements list for additional details.

$775,000 8 bedrooms 4 full, 8 half bathrooms 0.48 acres 4,172 square feet $186 per square foot
  • Construction Materials Vinyl Siding
  • Fencing Partial
  • Lot Size Acres 0.48
  • Parking Features Asphalt, Assigned
  • Patio And Porch Features Front Porch
  • Structure Type Quadruplex
  • Above Grade Finished Area 4,172
  • Cooling Electric, Heat Pump
  • Cooling Y/N Yes
  • Flooring Carpet, Vinyl, Tile
  • Heating Electric, Heat Pump, None
  • Heating Y/N Yes
  • Tax Annual Amount 6088.61
  • Water Source Public
  • Year Built 1983

Additional Property Information

  • TypeQuadruplex
  • Built1983
  • NeighborhoodPepperdine
  • CountyWake
  • AreaRaleigh
  • Elementary SchoolWake - Lynn Road Elementary
  • Middle SchoolWake - Carroll Middle
  • High SchoolWake - Sanderson High
More Info on School Ratings

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