Great Investment Opportunity! Quadraplex (4 townhome units) in Raleigh off Jones Franklin near I40. Each unit features kitchen, dining, living room, & 1/2 bath on main level, plus 2 bedrooms & 2 full bathrooms upstairs. Each unit has a deck overlooking the backspace. The unit photographed is the one unit that was renovated prior to listing. Other units are in need of varying levels of updates. In front of the building is parking for all 4 units. This unit is located in close proximately to NC State, Downtown Raleigh, RTP, and Cary. Similar units in the neighborhood had rented for $1370-$1450.
Sold for $820,000 on 01/08/25
$820,000
5375 Wayne St, Raleigh, NC 27606
2beds
4,002sqft
Quadruplex, Residential
Built in 1984
-- sqft lot
$790,700 Zestimate®
$205/sqft
$1,726 Estimated rent
Home value
$790,700
$712,000 - $886,000
$1,726/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 12:09am
Listed by:
Matt Perry 919-818-7016,
Keller Williams Elite Realty
Bought with:
JOCELYN BRADLEY, 312742
REAL BROKER LLC
Source: Doorify MLS,MLS#: 10043835
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Oven
- Laundry: In Hall, Main Level
Features
- Flooring: Vinyl
- Basement: Crawl Space
- Number of fireplaces: 4
- Fireplace features: Family Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,002
- Total interior livable area: 4,002 sqft
- Finished area above ground: 4,002
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Parking Lot
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Porch
- Fencing: None
- Has view: Yes
Lot
- Size: 0.41 Acres
Details
- Parcel number: 0783118126
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Residential
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Foundation: Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: Wayneridge
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2025 | Sold | $820,000-4.6%$205/sqft |
Source:  Doorify MLS #10043835 | ||
| 10/27/2024 | Pending sale | $859,900$215/sqft |
Source: Doorify MLS #10043835 | ||
| 7/27/2024 | Listed for sale | $859,900+4.9%$215/sqft |
Source: Doorify MLS #10043835 | ||
| 12/21/2021 | Sold | $820,000-6.3%$205/sqft |
Source: Doorify MLS #2417521 | ||
| 12/1/2021 | Contingent | $875,000$219/sqft |
Source: Doorify MLS #2417521 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,951 +0.4% | $673,182 |
| 2024 | $5,927 +45% | $673,182 +83.2% |
| 2023 | $4,086 +7.5% | $367,544 |
Find assessor info on the county website
Neighborhood: West Raleigh
Nearby schools
GreatSchools rating
- 4/10Dillard Drive ElementaryGrades: PK-5Distance: 0.4 mi
- 7/10Dillard Drive MiddleGrades: 6-8Distance: 0.4 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Wake - Dillard
- Middle: Wake - Dillard
- High: Wake - Athens Dr
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$790,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$790,700