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4304 Presley Ct

Raleigh NC 27604

8
12
8
4172 sq. ft.
20909 sq. ft.
Duplex
Currently for sale - view listing

Overview

Raleigh quadplex with immediate cash flow and opportunity for additional rental income! Three of the four 2-bedroom units are currently leased, including Unit A at $1,400/month, Unit C with a newly signed lease at $1,430/month, and Unit D on a newly signed 2-year lease at $1,650/month. Unit B is currently undergoing final cosmetic updates and will be ready for tenant placement, giving the next owner the opportunity to bring the property to full occupancy at current market rents. Significant improvements have been completed since 2022, including new siding, windows, exterior doors, gutters, updated exterior plumbing and drainage improvements. 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. With three units leased, including a newly secured 2-year lease, substantial improvements already completed, and additional rental income potential in Unit B, 4304 Presley Court offers an attractive combination of existing cash flow, stability, and upside for its next investor. See attached improvements list for additional details.

Features

8 bedrooms
12 bathrooms
8 carspaces
4172 sq. ft. floor area
20909 sq. ft. lot size
Duplex

Property history for 4304 Presley Ct

2022
Sold
$709,000
16 May 2022 by Heather Kinneberg, of Howard Perry & Walston Realtor
2020
Rented
Undisclosed
13 May 2020 by Coldwell Banker Realty
2019
Rented
Undisclosed
19 Dec 2019 by Coldwell Banker Realty

Happy sellers in Raleigh

~%

We have insufficient information to provide an overview of customer satisfaction for Raleigh. Viewing the agent profiles, reviews and sales for Raleigh can provide insights for this location.

Local market activity for 8 bedroom duplexes in Raleigh

In the last 12 months, 1 eight-bedroom duplex similar to 4304 Presley Ct, have been sold.

This represents a 50% increase in eight-bedroom duplexes sales when compared to the previous 12 months.

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(619) 566-0008
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