$775,000
About this home
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.
Property details
- MLS #
- 10187813
- Property type
- Quadruplex
- Subdivision
- Pepperdine
- Status
- Active
- Days on market
- 5
- On market date
- August 21, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.48 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 522
- Student:teacher ratio
- 12.4:1
- District
- Wake County Schools
- Enrollment
- 901
- Student:teacher ratio
- 14.3:1
- District
- Wake County Schools
- Enrollment
- 1,610
- Student:teacher ratio
- 16.8:1
- District
- Wake County Schools
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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 5 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.