INVESTORS! Four units, an unbeatable Downtown Raleigh location, and immediate flexibility to put your rental strategy to work. Located in Historic Oakwood, this updated quadplex offers a mix of one and two bedroom units with updated kitchens and bathrooms, refinished hardwood floors, and in-unit laundry. One unit is currently leased, while three vacant units give the next owner the opportunity to establish rents and choose their preferred leasing strategy from day one. Just blocks from Downtown Raleigh's restaurants, entertainment, parks, and employment centers, this property combines historic character, rental appeal, and long-term investment potential in one of Raleigh's most established neighborhoods.
For sale
Price cut: $50.1K (9/21)
$799,900
404 E Edenton St, Raleigh, NC 27601
6beds
3,677sqft
Quadruplex
Built in 1910
-- sqft lot
$771,200 Zestimate®
$218/sqft
$-- HOA
What's special
Refinished hardwood floorsIn-unit laundryUpdated kitchens and bathrooms
- 118 days
- 867
- 62
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
- Central Air, Ceiling Fan(s)
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
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
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
Materials
- Unknown
- Foundation: Crawlspace
- Roof: Shingle
Condition
- Updated/Remodeled
- 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: $218/sqft
- Tax assessed value: $647,861
- Annual tax amount: $5,690
- Date on market: 6/17/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional
- Lease term: 12 Months
Estimated market value
$771,200
$733,000 - $810,000
$2,450/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Price change | $799,900-5.9%$218/sqft |
Source: eXp Realty #10174559 Report a problem | ||
| 8/25/2026 | Price change | $850,000-3.3%$231/sqft |
Source:  Doorify MLS #10174559 Report a problem | ||
| 7/18/2026 | Price change | $879,000-2.2%$239/sqft |
Source: Doorify MLS #10174559 Report a problem | ||
| 6/17/2026 | Listed for sale | $899,000+57.7%$244/sqft |
Source: Doorify MLS #10174559 Report a problem | ||
| 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 |
Source: Doorify MLS #10035898 Report a problem | ||
| 12/17/2024 | Price change | $650,000-3.7%$177/sqft |
Source: Doorify MLS #10035898 Report a problem | ||
| 11/20/2024 | Pending sale | $675,000$184/sqft |
Source: Doorify MLS #10035898 Report a problem | ||
| 9/25/2024 | Price change | $675,000-3.6%$184/sqft |
Source: Doorify MLS #10035898 Report a problem | ||
| 7/14/2024 | Pending sale | $700,000$190/sqft |
Source: Doorify MLS #10035898 Report a problem | ||
| 6/15/2024 | Listed for sale | $700,000$190/sqft |
Source: Doorify MLS #10035897 Report a problem | ||
| 5/22/2024 | Listing removed | -- |
Source: Doorify MLS #2509811 Report a problem | ||
| 5/21/2024 | Listed for sale | $700,000$190/sqft |
Source: Doorify MLS #2509811 Report a problem | ||
| 5/1/2024 | Pending sale | $700,000$190/sqft |
Source: Doorify MLS #2509811 Report a problem | ||
| 1/17/2024 | Price change | $700,000+7.7%$190/sqft |
Source: Doorify MLS #2509811 Report a problem | ||
| 8/31/2023 | Listed for sale | $650,000$177/sqft |
Source: Doorify MLS #2509811 Report a problem | ||
| 7/17/2023 | Pending sale | $650,000$177/sqft |
Source: Doorify MLS #2509811 Report a problem | ||
| 7/9/2023 | Price change | $650,000-7.1%$177/sqft |
Source: Doorify MLS #2509811 Report a problem | ||
| 5/10/2023 | Listed for sale | $700,000$190/sqft |
Source: Doorify MLS #2509811 Report a problem | ||
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
Payment breakdown
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Neighborhood: North Central
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