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Pending
  • $975,000

    21 Shepherd St, Raleigh, NC 27607

    4beds
    1,990sqft
    : 
    MultiFamily
    Built in 1938
    -- sqft lot
    $-- Zestimate®
    $490/sqft
    $-- HOA

    What's special

    Fireplace downstairsBrick townhouse style duplexDining room
    *****UNDER CONTRACT***** Brick Townhouse style duplex within walking distance to NCSU on .37 acres off of Hillsborough Street. Easy access to Downtown Raleigh, Interstate 40 to Research Triangle Park, and Chapel Hill/Durham. Building has a total of 1990 heated square feet. Each side has 2 bedrooms/1 bath upstairs; living room, dining room, kitchen, fireplace downstairs. The 21 side has a sun room and the 21 ½ side has a porch instead. Property has two concrete driveways for off-street parking. Fully-permitted interior renovation in 2005, including all new wiring, plumbing, insulation, and sheet rock. New HVAC units installed in February 2024 with natural gas furnaces and central air conditioning units. New roof installed in January 2026. Property is suitable for two-family owner/rental or potentially single-family renovation option. Both sides are currently occupied by tenants and must be shown by appointment only with a N.C. licensed real estate buyers agent. Call to arrange an appointment for property showing. Photos are from previous rental listing ads. Broker interest
    What the owner loves about this home
    Just off Hillsborough Street. Walking distance to N.C. State University. Easy access to downtown Raleigh and I-40 to Research Triangle Park, Chapel Hill, and Durham. This duplex has an excellent rental history and would allow the owner to live on one side of the property and rent the other side to reduce the monthly mortgage payment. The townhouse currently is rented (both sides) for $3,550.00 per month. See 21 1/2 Shepherd St. for the additional ZESTIMATE value for this property, currently $368,300 and 21 Shepherd St. if $641,100.00 for a total of $1,009,400.00 (subject to change daily).
    44 days
    |
    81
    |
    1
    |
    Listed by:

    Property Owner (919) 880-4287

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced air, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
      Features
      • Flooring: Hardwood, Linoleum / Vinyl
      • Basement: Unfinished
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 1,990 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off-street, On-street
      Features
      • Exterior features: Brick
      • Has view: Yes
      • View description: City
      Lot
      • Size: 0.37 Acres
      Details
      • Parcel number: 0794531167

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1938

      Community & HOA

      Location
      • Region: Raleigh

      Financial & listing details

      • Price per square foot: $490/sqft
      • Tax assessed value: $648,313
      • Annual tax amount: $5,694
      • Date on market: 2/11/2026
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,828/mo

        Price history

        Price history
        DateEventPrice
        2/24/2026Pending sale$975,000$490/sqft
        Source: Owner Report a problem
        2/11/2026Listed for sale$975,000$490/sqft
        Source: Owner Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$5,694 +0.4%$648,313
        2024$5,671 +33.3%$648,313 +67.6%
        2023$4,255 +7.6%$386,715
        2022$3,955 $386,715
        2021-- $386,715
        2020-- $386,715 +22.3%
        2019-- $316,200
        2018-- $316,200
        2017-- $316,200 -10%
        2016$3,261 $351,182 +14.5%
        2015-- $306,732
        2014$3,051 $306,732
        2013-- $306,732
        2012-- $306,732
        2011-- $306,732
        2010-- $306,732
        2009-- $306,732
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,382/mo
        Principal & interest
        $4829
        Property taxes
        $553
        More affordability tools

          Climate risks

          Neighborhood: Wade

          Getting around

          79 / 100
          Very Walkable
          46 / 100
          Some Transit
          93 / 100
          Biker's Paradise

          Nearby schools

          GreatSchools rating

          Local experts in 27607

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