310 Culvert Street, Apex, NC 27502

Local realty services provided by:ERA Parrish Realty Legacy Group
310 Culvert Street,Apex, NC 27502
$1,288,000
  • 8 Beds
  • 8 Baths
  • 4,032 sq. ft.
  • Multi-family
  • Active
Listed by: jeremy james glasson
Office: lpt realty, llc.
MLS#:10197879
Source:RD

Price summary

  • Price:$1,288,000
  • Price per sq. ft.:$319.44

About this home

310 Culvert Street | Downtown Apex, NC Prime Covered Land Investment | Fully Occupied Quadplex | 1031 Exchange Opportunity | Redevelopment Potential Rare opportunity to acquire a fully occupied, income-producing quadplex in the heart of Downtown Apex, offering immediate cash flow, valuable land, and multiple paths to maximize your investment. Ideally suited for 1031 Exchange buyers, developers, and long-term investors, 310 Culvert Street represents a compelling covered land opportunity: generate rental income from four existing units while preserving the flexibility to pursue future redevelopment. The property's investment potential extends well beyond its current use. A proposed five-unit condominium development has already completed initial review with the Town of Apex, providing a valuable head start for investors considering a for-sale or build-to-rent project. Alternatively, the property presents the potential for a luxury single-family redevelopment in one of the Triangle's...

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Home facts

  • Year built:1985
  • Subdivision & Development:Town Lot
  • Listing ID #:10197879
  • Added:1 day(s) ago
  • Updated:October 12, 2026 at 12:07 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:4
  • Flooring:Carpet, Tile, Wood
  • Bathrooms Description:Bathtub/Shower Combination
  • Kitchen Description:Dishwasher, Electric Range, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Microwave, Range, Range Hood, Refrigerator
  • Living area:4,032 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1985
  • Building area:4,032 sq. ft.
  • Lot area:0.4 Acres
  • Lot Features:Back Yard, Few Trees, Front Yard
  • Construction Materials:Vinyl Siding
  • Exterior Features:Deck, Porch
  • Foundation Description:Brick/Mortar, Concrete Perimeter, Pillar/Post/Pier, Raised
  • Levels:Two

Schools

  • High school:Wake - Apex High
  • Middle school:Wake - Apex Middle
  • Elementary school:Wake - Apex Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,288,000
  • Price per sq. ft.:$319.44
  • Tax amount:$16,486

Features and amenities

  • Laundry features:Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
  • Amenities:Wood Frames

Parking

  • Total parking spaces:84
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