MM Building 1 - 4028 Mitchell Mill Road, Raleigh, NC 27616
MM ariel roof - 4028 Mitchell Mill Road, Raleigh, NC 27616
MM air 2 - 4028 Mitchell Mill Road, Raleigh, NC 27616
MM back - 4028 Mitchell Mill Road, Raleigh, NC 27616
MM air 1 - 4028 Mitchell Mill Road, Raleigh, NC 27616
MM front - 4028 Mitchell Mill Road, Raleigh, NC 27616
MM side 2 - 4028 Mitchell Mill Road, Raleigh, NC 27616
MM Side - 4028 Mitchell Mill Road, Raleigh, NC 27616
MM balcony - 4028 Mitchell Mill Road, Raleigh, NC 27616
9 photos

$4,200,000

4028 Mitchell Mill Road, Raleigh, NC 27616
Raleigh, NC 27616
Listed by Michelle Keaton-Barrow · Keaton Barrow Realty
Bedrooms
3
Bathrooms
2.5
Living area
N/A
Year built
2015

About this home

20 unit apartment complex in an excellent North Raleigh location. Close proximity to shopping, restaurants and major highways. Two separate buildings with 10 units each. Each building has Six 2 bedroom/2 bathroom units and four 3 bedroom/2 Bathroom units. Units feature stainless steel appliances. Kitchens have granite countertops and island. Units have ceiling fans, walk in closets covered porches/balconies. Washer and dryer connections. 9 foot ceilings, lots of windows and LVP flooring. Financials provided upon request. Property sits on 2.06 acres.

Property details

MLS
Doorify MLS
MLS #
10197409
Property type
Apartment
Subdivision
Not in a Subdivision
Status
Active
Days on market
10
On market date
October 8, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.06 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Harris Creek Elementary
0.66 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
906
Student:teacher ratio
13.7:1
District
Wake County Schools
Middle
Rolesville Middle
2.72 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
1,069
Student:teacher ratio
17.0:1
District
Wake County Schools
High
Rolesville High
3.99 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
2,484
Student:teacher ratio
18.5:1
District
Wake County Schools

Walkability

Blended score for Raleigh's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

22
Car-dependent
out of 100
EPA National Walkability Index
5.3 / 20 -- Least walkable
Google Places amenity density
15 / 100
Restaurants & cafes2
Grocery stores1
Parks0
Schools1
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Raleigh, from live MLS data.

On the market 10 days -- 78 fewer days than Raleigh's current average of 88 days.
For reference, the median list price across 2,878 active listings in Raleigh right now is $377,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$25,443/mo
$840,000 down
$3,360,000 loan
Principal & interest$21,793
Property tax (est.)$3,500
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 13 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.