Updated and fully leased quadruplex on RX-3 corner lot blocks from Downtown Raleigh! Four 2 bed/1 bath units with ample off street parking, new roof and windows, new siding, new central air, new flooring, quartz countertops, dishwashers, and easy bus stop access on corner. Fully furnished and operated by established single tenant for STR. Tenant covers all utilities for all four units and lawn/common area maintenance. Leased through April of 2025. Great opportunity to invest in a turn key- low maintenance property with many options for future development zoning of RX-3.
Sold for $782,500 on 11/27/24
$782,500
1334 S State St, Raleigh, NC 27610
8beds
2,704sqft
Quadruplex, Multi Family
Built in 1981
-- sqft lot
$770,000 Zestimate®
$289/sqft
$1,705 Estimated rent
Home value
$770,000
$732,000 - $816,000
$1,705/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 12:26am
Listed by:
Natalee Choby 919-264-4977,
Rich Realty Group
Bought with:
Non Member
Non Member Office
Source: Doorify MLS,MLS#: 10035971
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Oven, Range Hood, Refrigerator
- Laundry: In Hall, In Unit, Main Level
Features
- Living/Dining Room Combination, Quartz Counters
- Flooring: Laminate, Vinyl
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall, 2+ Common Walls, End Unit
Interior area
- Total structure area: 2,704
- Total interior livable area: 2,704 sqft
- Finished area above ground: 2,704
- Finished area below ground: 0
Property
Parking
- Total spaces: 10
- Parking features: Off Street, On Site
- Uncovered spaces: 10
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Private Entrance
- Spa features: None
- Has view: Yes
Lot
- Size: 0.33 Acres
- Dimensions: 100 x 146 x 100 x 148
- Features: Cleared, Level
Details
- Parcel number: 1713123116
- Zoning: RX-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Quadruplex, Multi Family
Materials
- HardiPlank Type
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1981
- Major remodel year: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Raleigh
- Subdivision: Not in a Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2024 | Sold | $782,500-5.2%$289/sqft |
Source:  Doorify MLS #10035971 | ||
| 9/5/2024 | Pending sale | $825,000$305/sqft |
Source: Doorify MLS #10035971 | ||
| 7/17/2024 | Price change | $825,000-4.6%$305/sqft |
Source: Doorify MLS #10035971 | ||
| 6/20/2024 | Listed for sale | $865,000+111%$320/sqft |
Source: Doorify MLS #10035971 | ||
| 7/19/2023 | Sold | $410,000+203.7%$152/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,119 +42.5% | $692,457 +42.7% |
| 2024 | $4,295 +48.2% | $485,310 +87.7% |
| 2023 | $2,898 +7.4% | $258,575 |
Find assessor info on the county website
Neighborhood: South Central
Nearby schools
GreatSchools rating
- 6/10Fuller ElementaryGrades: PK-5Distance: 0.5 mi
- 10/10Carnage MiddleGrades: 6-8Distance: 0.2 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$770,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$770,000