Investment opportunity in Downtown Raleigh - Historic Oakwood! This updated four-unit property offers a mix of one and two bedroom units featuring UPDATED KITCHENS & BATHROOMS, REFINISHED HARDWOOD FLOORS, and IN-UNIT LAUNDRY. Turnkey property with strong rental appeal and appreciation potential. Tenants will enjoy being close to Downtown Raleigh's restaurants, shops, parks, and entertainment. Current furniture and washer/dryer units convey with acceptable offer.
For sale
Price cut: $29K (8/25)
$850,000
404 E Edenton St, Raleigh, NC 27601
6beds
3,677sqft
Quadruplex, Multi Family
Built in 1910
-- sqft lot
$813,200 Zestimate®
$231/sqft
$-- HOA
What's special
Refinished hardwood floorsIn-unit laundryUpdated kitchens
- 72 days
- 912
- 55
Zillow last checked:
Listing updated:
Listed by:
Anna Powell 910-985-0441,
EXP Realty LLC,
Melissa Enders 919-302-0863,
EXP Realty LLC
Source: Doorify MLS,MLS#: 10174559
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Electric, Forced Air, Gas Pack
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Laundry: In Unit
Features
- Flooring: Hardwood
Interior area
- Total structure area: 3,677
- Total interior livable area: 3,677 sqft
- Finished area above ground: 3,677
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, On Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Has view: Yes
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 170328899361000 0046564
- Zoning: OX-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Unknown
- Roof: Shingle
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Historic Oakwood
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $647,861
- Annual tax amount: $5,690
- Date on market: 6/17/2026
- Lease term: 12 Months
Estimated market value
$813,200
$773,000 - $854,000
$2,604/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Price change | $850,000-3.3%$231/sqft |
Source: | ||
| 7/18/2026 | Price change | $879,000-2.2%$239/sqft |
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| 6/17/2026 | Listed for sale | $899,000+57.7%$244/sqft |
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| 11/25/2025 | Sold | $570,000-12.3%$155/sqft |
Source: Public Record Report a problem | ||
| 6/19/2025 | Listing removed | $650,000$177/sqft |
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| 12/17/2024 | Price change | $650,000-3.7%$177/sqft |
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| 11/20/2024 | Pending sale | $675,000$184/sqft |
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| 9/25/2024 | Price change | $675,000-3.6%$184/sqft |
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| 7/14/2024 | Pending sale | $700,000$190/sqft |
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| 6/15/2024 | Listed for sale | $700,000$190/sqft |
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| 5/22/2024 | Listing removed | -- |
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| 5/21/2024 | Listed for sale | $700,000$190/sqft |
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| 5/1/2024 | Pending sale | $700,000$190/sqft |
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| 1/17/2024 | Price change | $700,000+7.7%$190/sqft |
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| 8/31/2023 | Listed for sale | $650,000$177/sqft |
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| 7/17/2023 | Pending sale | $650,000$177/sqft |
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| 7/9/2023 | Price change | $650,000-7.1%$177/sqft |
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| 5/10/2023 | Listed for sale | $700,000$190/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,690 +0.4% | $647,861 |
| 2024 | $5,667 -3.4% | $647,861 +21.2% |
| 2023 | $5,867 +7.6% | $534,590 |
| 2022 | $5,453 +4% | $534,590 |
| 2021 | $5,242 +1.8% | $534,590 |
| 2020 | $5,146 -5.4% | $534,590 +14.7% |
| 2019 | $5,440 | $465,946 |
| 2018 | $5,440 +11.3% | $465,946 |
| 2017 | $4,887 +2.1% | $465,946 |
| 2016 | $4,787 -0.9% | $465,946 +0.8% |
| 2015 | $4,828 | $462,408 |
| 2014 | -- | $462,408 |
| 2013 | -- | $462,408 |
| 2012 | -- | $462,408 |
| 2011 | -- | $462,408 |
| 2010 | -- | $462,408 |
| 2009 | -- | $462,408 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment







