Skip main navigation
For sale
    • Price cut: $15K (10/11)
    $749,950

    4632 Kilcullen Dr, Raleigh, NC 27604

    8beds
    4,192sqft
    : 
    $4,813/mo
    Get pre-qualified
    Quadruplex
    Built in 1983
    -- sqft lot
    $721,500 Zestimate®
    $179/sqft
    $-- HOA

    What's special

    Desirable corner lotDurable lvp flooring
    Updated Quadruplex in Prime Raleigh Location with Strong Cash Flow Outstanding investment opportunity in the heart of Raleigh. This well maintained quadruplex sits on a desirable corner lot at Kilcullen and Hoyle Dr., offering excellent access to major employers, shopping, parks, and key transit corridors. Its central location supports consistent tenant demand and long term stability. All units have been thoughtfully updated or remodeled, creating a clean, modern living experience. Recent improvements include new windows throughout the building within the last five years, enhancing energy efficiency and reducing long term operating costs. The ground level of each unit features durable LVP flooring, ideal for high traffic rental use. Each unit also includes two assigned off street parking spaces, a valuable amenity in this area. Each unit offers a highly functional two bedroom layout, with private bathroom areas (toilet + sink) for each bedroom and a shared Jack and Jill shower/tub. This configuration maximizes privacy for tenants while keeping maintenance simple and cost efficient for owners. Unit B is currently vacant and easy to show. This unit, like the others has been thoughtfully updated and shows very well. It will most likely be re-rented before the next buyer closes the transaction. The asking rent for this unit is $1,500 per month. Once rented the total rents for this property will be $5,870 per month. Tenants pay their own utilities, including garbage service, keeping operating expenses predictable and favorable for the owner. Location Benefits: Positioned in a high demand Raleigh submarket, this property offers quick access to major employment hubs, universities, medical centers, and retail corridors. Raleigh's strong population growth and rental demand contribute to stable occupancy and competitive rents. The corner lot placement provides easy access and visibility, adding long term value for both renters and investors. With its updates, efficient layout, tenant paid utilities, and prime location, this quadruplex is a compelling addition to any rental portfolio—designed for durability, consistent occupancy, and strong income performance.
    13 days
    317
    23

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Myron Von Raesfeld 408-472-4025,

    Parker James Properties LLC

    Source: Doorify MLS,MLS#: 10196123MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 4
      Heating
      • Forced Air
      Cooling
      • Central Air, Electric, Exhaust Fan, Separate Meters
      Appliances
      • Included: Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Free-Standing Range, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
      • Laundry: Laundry Closet, In Unit, Washer Hookup
      Features
      • Breakfast Bar, Crown Molding, Granite Counters, Recessed Lighting, Stone Counters, Bathtub/Shower Combination
      • Flooring: Carpet, Luxury Vinyl, Wood
      • Doors: French Doors
      • Windows: Blinds, Double Pane Windows, Screens
      • Number of fireplaces: 2
      • Fireplace features: Decorative, Living Room, Metal
      • Common walls with other units/homes: 2+ Common Walls,End Unit,No Common Walls
      Interior area
      • Total structure area: 4,192
      • Total interior livable area: 4,192 sqft
      • Finished area above ground: 4,192
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 8
      • Parking features: Asphalt, Assigned
      • Uncovered spaces: 8
      Features
      • Levels: Bi-Level,Two
      • Stories: 2
      • Entry location: Unit A and Unit D
      • Patio & porch: Covered, Front Porch, Porch
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 0.34 Acres
      • Features: Corner Lot, Few Trees, Landscaped
      • Residential vegetation: Grassed
      Details
      • Additional structures: None
      • Parcel number: 172617027085000 0128088
      • Zoning: RX-3
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Blown-In Insulation, Frame, Masonite
      • Foundation: Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1983
      • Major remodel year: 1983

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: None
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Pepperdine
      HOA
      • Has HOA: No
      • Amenities included: None
      Location
      • Region: Raleigh

      Financial & listing details

      • Price per square foot: $179/sqft
      • Tax assessed value: $587,553
      • Annual tax amount: $5,421
      • Date on market: 10/2/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: 1031 Exchange,Conventional
      • Lease term: Month To Month
      • Tenant pays: All Utilities, Cable TV, Gas, Hot Water, Trash Collection
      • Road surface type: Asphalt

        Estimated market value

        $721,500

        $685,000 - $758,000

        $1,505/mo

        Price history

        DateEventPrice
        10/11/2026Price change$749,950-2%$179/sqft
        Source: Doorify MLS #10196123 Report a problem
        10/2/2026Listed for sale$764,950-1.3%$182/sqft
        Source: Doorify MLS #10196123 Report a problem
        10/1/2026Listing removed$774,950$185/sqft
        Source: Doorify MLS #10163045 Report a problem
        9/17/2026Price change$774,950-3.1%$185/sqft
        Source: Doorify MLS #10163045 Report a problem
        8/4/2026Price change$799,950-3%$191/sqft
        Source: Doorify MLS #10163045 Report a problem
        7/24/2026Price change$824,950-5.2%$197/sqft
        Source: Doorify MLS #10163045 Report a problem
        7/5/2026Price change$869,950-3.3%$208/sqft
        Source: Doorify MLS #10163045 Report a problem
        6/17/2026Listed for sale$899,950+104.5%$215/sqft
        Source: Doorify MLS #10163045 Report a problem
        9/16/2019Sold$440,000+14.9%$105/sqft
        Source: Public Record Report a problem
        11/7/2018Sold$383,000-0.5%$91/sqft
        Source: Doorify MLS #2211812 Report a problem
        9/29/2018Pending sale$385,000$92/sqft
        Source: Coldwell Banker Howard Perry and Walston #2211812 Report a problem
        8/28/2018Listed for sale$385,000+52.2%$92/sqft
        Source: Coldwell Banker Howard Perry and Walston #2211812 Report a problem
        3/29/2000Sold$253,000$60/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,204 +0.4%$587,553
        2024$5,183 +13.5%$587,553 +42.8%
        2023$4,566 +7.5%$411,515
        2022$4,247 +4%$411,515
        2021$4,084 +1.8%$411,515
        2020$4,011 +9.3%$411,515 +32.8%
        2019$3,671 $309,849
        2018-- $309,849
        2017$3,303 +2.1%$309,849
        2016$3,237 -2.7%$309,849 -1.2%
        2015$3,326 +5.3%$313,458
        2014$3,158 $313,458
        2013-- $313,458
        2012-- $313,458
        2011-- $313,458
        2010-- $313,458
        2009-- $313,458
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Northeast Raleigh

        Getting around

        38 / 100
        Car-Dependent
        38 / 100
        Some Transit
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

                Nearby cities

                Nearby neighborhoods

                Nearby zip codes

                Other Raleigh Topics

                  Search
                  Updates
                  Favorites
                  Plan
                  Inbox