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Street View
$599,000
Monthly Est:$2,981
8 Beds
3 Baths3 full baths
2,727sqft
850 Athens Dr, Raleigh, NC 27606
$599,000
$2,981/moEst:
Get Pre-Approved
Triplex
Built in 1965
$-- HOA
0.55 acre lot
$220/sq.ft
Description
Rare opportunity for a classic brick 3-unit apartment building near downtown Raleigh and NC State University. Located on a 0.55 acre lot zoned R6. The building features two 3 bedroom, 1 bath units and one 2 bedroom, 1 bath unit. The 2 bed unit is currently empty to allow for showings with an asking price of $1200/month. Left unit (850) rents for $1350 & expires 1/31/2027. Right unit (854) rents for $1260 & expires 8/31/2026. Upside for the new owner includes possible redevelopment, light renovation of existing units to increase rent, and building an ADU, pending city approval and land use requirements. Or new investors have a chance to live in the empty unit while building equity. Regardless of your strategy don't miss out on the chance to stake your claim to Raleigh's ever-growing real estate market!
- Houzeo last checked: 3 minutes ago
- Listing updated: July 18, 2026 at 2:30 am
- Listing Provided by: George Patrick III (919) 278-7420 | Berkshire Hathaway HomeService (919) 782-6641
- Source: Doorify MLS-NC | MLS#: 10168019
Property Details
Status
Pending
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
2,727 sqft
Lot Size
0.55 acre lot
Basement Area
- sqft
MLS Name
Doorify MLS
MLS Number
10168019
MLS Status
Pending
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 3
Interior
Cooling
Window Unit(s)
Appliances
Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
Heating
Electric, Radiant Floor
Flooring
Hardwood, Tile
Sewer
Public Sewer
Construction
Year Built
Year Built: 1965
Home type
Triplex
Roof
Shingle
Architectural Style
Traditional
Construction Materials
Brick
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Not In A Subdivision
Price History
| Date | Event | Price |
|---|---|---|
07/02/2026 Source: | Pending | $599,000 $220/sqft |
06/26/2026 Source: | Price Decreased | $599,000 -6.26% $220/sqft |
06/09/2026 Source: | Price Decreased | $639,000 -3.03% $234/sqft |
05/18/2026 Source: | Listed for Sale | $659,000 $242/sqft |
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Based on information from the Doorify MLS (Triangle MLS, Inc.) through Nov 01, 2026, 04:01AM. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. © 2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Non-MLS properties are not included. Properties sold were listed/sold by various MLS participating offices. © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved.
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