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46 photos

$775,000

718 S State Street, Raleigh, NC 27601
Raleigh, NC 27601
Listed by Stephanie Anson · Northside Realty Inc.
Bedrooms
11
Bathrooms
12
Living area
N/A
Year built
2008

About this home

Opportunity is knocking, and it's already collecting rent. Amazing opportunity to own a Triplex located near Downtown Raleigh. Three fully leased units, minutes from downtown Raleigh, with $5,670/month in combined monthly income already in place and leases into 2027. Bring your calculator because opportunities like this do not last long! Tenant occupied. Do not disturb tenants. 24 hour notice required, 48 hours preferred. Photos taken before tenant occupancy.

Property details

MLS #
10186311
Property type
Triplex
Subdivision
Watsons Lands
Status
Active
Days on market
12
On market date
August 14, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.17 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Hunter Elementary
0.26 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
601
Student:teacher ratio
14.0:1
District
Wake County Schools
Middle
Ligon Middle
0.11 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
952
Student:teacher ratio
15.1:1
District
Wake County Schools
High
Enloe High
1.47 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,416
Student:teacher ratio
17.0:1
District
Wake County Schools

Mortgage calculator

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Est. monthly payment
$4,817/mo
$155,000 down
$620,000 loan
Principal & interest$4,021
Property tax (est.)$646
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 10 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.