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$639,000
8 Beds
3 Baths3 full baths
2,727sqft
850 Athens Dr, Raleigh, NC 27606
$639,000
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Triplex
Built in 1965
$-- HOA
0.55 acre lot
$234/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 buildin...
Continue Reading- Houzeo last checked: 44 Minutes ago
- Listing updated: June 9, 2026 at 11:43 am
- Listing Provided by: George Patrick III | Berkshire Hathaway HomeService (919) 782-6641
- Source: Doorify MLS-NC | MLS#: 10168019
Property Details
Status
Active
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
Active
Days on Market
33
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