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Sold for $310,000 on 06/27/24
  • $310,000

    16 Red Ln, Raleigh, NC 27606

    4beds
    1,536sqft
    Townhouse, Multi Family
    Built in 2002
    871.2 Square Feet Lot
    $304,800 Zestimate®
    $202/sqft
    $1,177 Estimated rent

    What's special

    This is a great rental property and has a great history for being rented over the last 20 years. The townhome is in good shape and has been well taken care of. Recently has had roof replaced. 24 hour notice is required. All units are rented until end of lease term which is 7/25/2024. Three of the units are paying $525/month and one is paying $549/month. The 4 new leases have been signed and start 8/14/2024 at $600/month and end 7/25/2025. Owner pays utilities except for internet.

    Zillow last checked: 7 hours ago

    Listing updated: August 02, 2025 at 09:40pm

    Listed by:

    Bo Winn 919-614-4533,

    TradeMark Residential

    Bought with:

    Laurene Sieli, 293259

    Redfin Corporation

    Source: Doorify MLS,MLS#: 10029067MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Water Heater, Refrigerator
    • Laundry: Laundry Closet
    Features
    • Bathtub/Shower Combination, Eat-in Kitchen
    • Flooring: Carpet, Tile, Vinyl
    • Has fireplace: No
    • Common walls with other units/homes: No One Above
    Interior area
    • Total structure area: 1,536
    • Total interior livable area: 1,536 sqft
    • Finished area above ground: 1,536
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Assigned, Paved, Permit Required
    Features
    • Levels: Tri-Level
    • Stories: 3
    • Patio & porch: None
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    Lot
    • Size: 871.20 sqft
    Details
    • Parcel number: 0784105854
    • Zoning: NX-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Transitional
    • Property subtype: Townhouse, Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2002
    • Major remodel year: 2002

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Water Available

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Raleigh
    • Subdivision: Red Wolf Crossing

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $150 monthly
    • Amenities included: Landscaping
    • Services included: Maintenance Grounds

    Other

    Other facts
    • Road surface type: Asphalt
    Services availability
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    Estimated market value

    $304,800