1508 Boyer Street

Raleigh NC 27610

4080 sq. ft.

4356 sq. ft.

Duplex

Currently for sale - view listing

Overview

Priced at $1,270,000 per duplex, with the opportunity to purchase both for $2,540,000, 1508 and 1510 Boyer Street offer a unique combination of immediate income, flexibility, and long-term investment potential. Together, the four units are currently generating average gross rents of more than $13,000 per month. Built in 2025, each duplex features two thoughtfully designed units with an established rental strategy already in place. One unit in each building is secured by a long-term lease, providing consistent income from day one. The second unit in each building is fully furnished and operating as a successful short-term rental through Airbnb, with a strong track record and continued growth. Furnishings may convey, offering the opportunity for a truly turnkey investment. The flexibility is what sets these properties apart. Continue the existing mix of long-term and short-term rentals, live in one unit while generating income from the others, or purchase both buildings and control all four units. With new construction and multiple income streams already established, the heavy lifting has been done. Boyer Street is also positioned in an area seeing substantial growth and investment. Located near Raleigh's planned Bus Rapid Transit corridor and convenient to Downtown Raleigh, the properties benefit from continued public and private investment throughout Southeast Raleigh, supporting both rental demand and long-term appreciation potential. Whether purchased individually or together, 1508 and 1510 Boyer Street offer the rare opportunity to acquire newer construction with established income, multiple rental strategies, and flexibility for the future.

Features

6 bedrooms

8 bathrooms

5 carspaces

4 open car spaces

1 garage space

4080 sq. ft. floor area

4356 sq. ft. lot size

Duplex

Property history for 1508 Boyer Street

2023

Sold

$300,000

03 Aug 2023 by Jason Queen, of Monarch Realty Co.

2021

Sold

$235,000

10 Dec 2021 by Pablo Koe-Krompecher, of Clifton Property Investment

Happy sellers in Raleigh

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