718 S State Street, Raleigh, NC 27601

Raleigh
Local realty services provided by:ERA Parrish Realty Legacy Group
718 S State Street,Raleigh, NC 27601
$775,000
  • 11 Beds
  • 12 Baths
  • 5,040 sq. ft.
  • Multi-family
  • Active
Listed by: stephanie anson
Office: northside realty inc.
MLS#:10186311
Source:RD

Price summary

  • Price:$775,000
  • Price per sq. ft.:$153.77

About this home

Opportunity is knocking, and it's already collecting rent. Amazing opportunity to own a Triplex located near Downtown Raleigh. Three fully leased units, minutes from downtown Raleigh, with $5,670/month in combined monthly income already in place and leases into 2027. Bring your calculator because opportunities like this do not last long! Tenant occupied. Do not disturb tenants. 24 hour notice required, 48 hours preferred.

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Home facts

  • Year built:2008
  • Subdivision & Development:Watsons Lands
  • Listing ID #:10186311
  • Added:1 day(s) ago
  • Updated:August 14, 2026 at 04:02 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:12
  • Full bathrooms:12
  • Flooring:Luxury Vinyl
  • Bathrooms Description:Bathtub/Shower Combination
  • Kitchen Description:Electric Range, Refrigerator
  • Living area:5,040 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2008
  • Building area:5,040 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Concrete Perimeter, Slab
  • Levels:Tri-Level

Schools

  • High school:Wake - William G Enloe High
  • Middle school:Wake - Ligon Middle
  • Elementary school:Wake - Hunter Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$775,000
  • Price per sq. ft.:$153.77
  • Tax amount:$7,125

Features and amenities

  • Laundry features:In Unit

Parking

  • Parking description:Parking Lot
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