Discover a rare investment opportunity in the heart of Downtown Raleigh! This fully updated duplex offers turnkey convenience with modern finishes, stainless steel appliances, and stylish furnishings throughout. Currently operating as a successful Airbnb with consistent bookings, this property is perfect for investors searching for immediate cash flow. Both units feature a super cozy layout, abundant natural light, and thoughtful upgrades. Major systems—including the roof and HVAC (2024)—have already been taken care of, giving you peace of mind for years to come. Enjoy a spacious backyard, ideal for entertaining, relaxing, or adding future enhancements. With its unbeatable downtown location, you're just steps from Raleigh's best dining, entertainment, and attractions. Whether you're expanding your portfolio or looking for a high-performing short-term rental, this duplex stands out as a truly exceptional find.
For sale
Price cut: $2.5K (2/6)
$447,500
740 Quarry St, Raleigh, NC 27601
2beds
936sqft
Est.:
Duplex, Multi Family
Built in 1948
-- sqft lot
$440,400 Zestimate®
$478/sqft
$-- HOA
What's special
Modern finishesFully updated duplexAbundant natural lightStylish furnishings throughoutSpacious backyardSuper cozy layoutStainless steel appliances
- 67 days |
- 1,431 |
- 68 |
Zillow last checked: 8 hours ago
Listing updated: February 06, 2026 at 11:40am
Listed by:
Braden Riley Mayo-Ingenthron 919-804-1583,
Navigate Realty
Source: Doorify MLS,MLS#: 10137334
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Ductless
Appliances
- Included: Electric Oven, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
- Laundry: In Unit, Laundry Closet
Features
- Bar, Breakfast Bar, Granite Counters, Open Floorplan, Smart Camera(s)/Recording, Smooth Ceilings, Walk-In Shower
- Flooring: Laminate
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 936
- Total interior livable area: 936 sqft
- Finished area above ground: 936
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Aggregate, Driveway, Gravel
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Private Entrance, Private Yard, Smart Lock(s)
- Fencing: Chain Link, Partial, Wood
- Has view: Yes
Lot
- Size: 7,405.2 Square Feet
- Features: Back Yard, City Lot, Cleared, Front Yard
Details
- Parcel number: 171313145980000 0001529
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Concrete
- Foundation: Concrete, Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Quarry Hills
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $478/sqft
- Tax assessed value: $356,571
- Annual tax amount: $3,149
- Date on market: 12/15/2025
Estimated market value
$440,400
$418,000 - $462,000
$1,507/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Price change | $447,500-0.6%$478/sqft |
Source:  Doorify MLS #10137334 Report a problem | ||
| 12/15/2025 | Listed for sale | $450,000+9.8%$481/sqft |
Source: Doorify MLS #10137334 Report a problem | ||
| 9/19/2024 | Sold | $410,000+2.5%$438/sqft |
Source: Doorify MLS #10043600 Report a problem | ||
| 7/29/2024 | Pending sale | $400,000$427/sqft |
Source: Doorify MLS #10043600 Report a problem | ||
| 7/26/2024 | Listed for sale | $400,000+100%$427/sqft |
Source: Doorify MLS #10043600 Report a problem | ||
| 3/12/2024 | Sold | $200,000+0.5%$214/sqft |
Source: Public Record Report a problem | ||
| 12/8/2022 | Sold | $199,000$213/sqft |
Source: Doorify MLS #2482636 Report a problem | ||
| 11/11/2022 | Pending sale | $199,000$213/sqft |
Source: Doorify MLS #2482636 Report a problem | ||
| 11/7/2022 | Listed for sale | $199,000+192.6%$213/sqft |
Source: Doorify MLS #2482636 Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/20/2020 | Listing removed | $650$1/sqft |
Source: Owner Report a problem | ||
| 3/17/2020 | Listed for rent | $650$1/sqft |
Source: Owner Report a problem | ||
| 1/11/2020 | Listing removed | $650$1/sqft |
Source: Owner Report a problem | ||
| 1/7/2020 | Listed for rent | $650$1/sqft |
Source: Owner Report a problem | ||
| 1/17/2008 | Sold | $68,000+115.9%$73/sqft |
Source: Public Record Report a problem | ||
| 8/8/2003 | Sold | $31,500$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,150 +63.3% | $356,571 +64% |
| 2024 | $1,929 +8.9% | $217,477 +36.9% |
| 2023 | $1,772 +7.5% | $158,865 |
| 2022 | $1,649 +4% | $158,865 |
| 2021 | $1,586 +1.8% | $158,865 |
| 2020 | $1,557 +128.4% | $158,865 +186.8% |
| 2019 | $682 | $55,394 |
| 2018 | $682 +10.7% | $55,394 |
| 2017 | $616 +2% | $55,394 |
| 2016 | $604 -1% | $55,394 +0.5% |
| 2015 | $611 +5.1% | $55,105 |
| 2014 | $581 | $55,105 |
| 2013 | -- | $55,105 |
| 2012 | -- | $55,105 |
| 2011 | -- | $55,105 |
| 2010 | -- | $55,105 |
| 2009 | -- | $55,105 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,333/mo
Principal & interest
$2079
Property taxes
$254
Climate risks
Neighborhood: South Central
Nearby schools
GreatSchools rating
- 8/10Hunter Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 7/10Ligon MiddleGrades: 6-8Distance: 0.2 mi
- 7/10William G Enloe HighGrades: 9-12Distance: 1.5 mi
Local experts in 27601
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