536 Jones Street
Raleigh, NC 27601Investor 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.
$700,000
2 bedrooms
2 full bathrooms
0.17 acres
1,438 square feet
$487 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Wood Siding
- Fencing Back Yard
- Lot Size Acres 0.17
- Structure Type Duplex
- Above Grade Finished Area 1,438
- Appliances Gas Range, Dishwasher, Gas Water Heater, Stainless Steel Appliance(s), Washer/Dryer Stacked, Refrigerator
- Cooling Window Unit(s), Gas, Central Air
- Cooling Y/N Yes
- Flooring Hardwood
- Heating Natural Gas
- Heating Y/N Yes
- Rooms Total 6
- Tax Annual Amount 4706.72
- Water Source Public
- Year Built 1920
Additional Property Information
- TypeDuplex
- Built1920
- NeighborhoodNot in a Subdivision
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Conn
- Middle SchoolWake - Oberlin
- High SchoolWake - Broughton
Listing courtesy of Keller Williams Realty. © 2024 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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