1612 Boyer Street, Raleigh, NC 27610
Local realty services provided by:ERA Strother Real Estate
1612 Boyer Street,Raleigh, NC 27610
$1,200,000
- 8 Beds
- 4 Baths
- 3,905 sq. ft.
- Multi-family
- Active
Listed by: natalie pearse, abbey gallons
Office: united real estate triangle
MLS#:10136261
Source:RD
Price summary
- Price:$1,200,000
- Price per sq. ft.:$307.3
About this home
1612-1618 Boyer Street presents an investor-ready quadplex portfolio in one of Raleigh's fastest-growing corridors, surrounded by new residential and commercial development. This property features four updated 2-bedroom, 1-bathroom units, each equipped with in-unit washer and dryer, modern finishes, and dedicated parking with additional side parking for tenants and guests.
All units underwent major updates in 2020, and 1618 and 1616 Boyer received further renovations in 2025, allowing for an immediate $250 per-unit rent increase. To prepare the property for its next owner, two units were strategically bought out to complete these improvements, ensuring a seamless handoff to the next investor. One of those units is now being re-leased at the new higher rent, validating the area's strong rental growth and setting the stage for top-market performance.
Just behind the property sits 15 Fisher Street, a triplex that can be purchased together with Boyer to form a 7-unit portfolio with a combined pro forma NOI of approximately $120,000 per year. 15 Fisher must be a cash purchase but can be negotiated into the overall acquisition price, offering buyers a rare multi-property opportunity in a thriving, high-demand area.
Contact an agent
Home facts
- Year built:1970
- Listing ID #:10136261
- Added:1 day(s) ago
- Updated:December 07, 2025 at 11:46 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,905 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Forced Air, Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:1970
- Building area:3,905 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:Wake - Broughton
- Middle school:Wake - Ligon
- Elementary school:Wake - Powell
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$307.3
- Tax amount:$6,510
New listings near 1612 Boyer Street
- New
$295,000Active3 beds 3 baths1,344 sq. ft.8721 Red Canyon Way, Raleigh, NC 27616
MLS# 10136269Listed by: CRP REAL ESTATE LLC - New
$395,000Active3 beds 3 baths2,200 sq. ft.6616 Bunker Hill Drive, Raleigh, NC 27610
MLS# 10136259Listed by: AVENUE REAL ESTATE LLC - Coming Soon
$690,000Coming Soon3 beds 3 baths2944 Ballybunion Way, Raleigh, NC 27613
MLS# 10136232Listed by: BETTER HOMES & GARDENS REAL ES - New
$305,000Active3 beds 3 baths1,439 sq. ft.2220 Trailwood Valley Circle, Raleigh, NC 27603
MLS# 10136239Listed by: LONG & FOSTER REAL ESTATE INC/RALEIGH - Open Sun, 12 to 2pmNew
$393,000Active3 beds 3 baths1,986 sq. ft.4700 Tolley Court, Raleigh, NC 27616
MLS# 10136240Listed by: DASH CAROLINA - Coming Soon
$550,000Coming Soon3 beds 3 baths1220 Hillingdon Way, Raleigh, NC 27614
MLS# 10136229Listed by: KELLER WILLIAMS REALTY - New
$299,900Active2 beds 2 baths1,375 sq. ft.5867 Branchwood Road, Raleigh, NC 27609
MLS# 10136216Listed by: HUBER REAL ESTATE - New
$535,000Active4 beds 3 baths2,324 sq. ft.3314 Chrysanthemum Way, Raleigh, NC 27614
MLS# 10136211Listed by: SOUTHERN DREAM HOMES - New
$512,800Active3 beds 3 baths1,766 sq. ft.7316 Laketree Drive, Raleigh, NC 27615
MLS# 10136213Listed by: CAROLINA HOME PARTNERS BY EXP REALTY