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!
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
$625,300 Zestimate®
$--/sqft
$1,496 Estimated rent
What's special
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#: 2494687
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
$625,300