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Sold for $1,400,000 on 05/02/23
  • $1,400,000

    721 Chappell Dr, Raleigh, NC 27606

    --beds
    --baths
    --sqft
    Apartment, Multi Family
    Built in 1963
    -- sqft lot
    $621,300 Zestimate®
    $--/sqft
    $1,469 Estimated rent

    What's special

    Opportunity! You have the ultimate power to dream and create your own vision of how to transform this 8 unit rental property on 0.86 acres! Income producing with current tenants in place or use this incredible lot that backs NC State Centennial Campus to develop your own creative living design. We've done the research and know the neighborhood! Please contact us with any questions!

    Zillow last checked: 7 hours ago

    Listing updated: July 15, 2025 at 10:43pm

    Listed by:

    Lauren Fours 919-414-0950,

    Coldwell Banker Advantage,

    Sharon Busch Bishop 703-599-4024,

    Coldwell Banker Advantage

    Bought with:

    Rhonda Barham, 68841

    Coldwell Banker Advantage

    Source: Doorify MLS,MLS#: 2494687MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    Cooling
    • Window Unit(s)
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Basement: Crawl Space
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: Off Street
    Features
    • Has view: Yes
    Details
    • Zoning: R-10
    • Special conditions: Probate Listing

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Apartment, Multi Family
    Materials
    • Block
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Raleigh
    • Subdivision: Not in a Subdivision
    Services availability
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    Estimated market value

    $621,300