4300 Presley Ct. Court A, B, C, D,Raleigh, NC 27604
Raleigh, NC 27604
Description
Excellent opportunity to acquire a strong income producing quadplex in a centrally located Raleigh submarket. All four HVAC systems have been replaced within the past six years, significantly reducing near term capital expenditures. Each unit is clean, well maintained, and nicely updated, supporting stable tenant demand. Two units were recently vacated and are in the process of being re leased at $1,500 per month, bringing the property to a projected gross annual income of $72,000 once fully stabilized. The building sits at the end of a quiet cul de sac, offering added privacy and appeal for renters. With quick access to Capital Blvd and major Raleigh employment centers, this location consistently delivers strong rental performance and historically low vacancy rates. For investors seeking a cash flowing, mechanically updated asset with clear rent growth potential, 4300 Presley Ct is a compelling addition to any portfolio.
Details
| MLS # | 10188603 |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Year | 1983 |
| Days On Site | 52 |
| Listing Provided By | Parker James Properties LLC | Myron Von Raesfeld |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 4,192 |
| Story(s) | 2 |
| Zoning | RX-3 |
| Acreage | 0.45 |
Interior
| Interior Features | Crown Molding |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Laundry Features | Laundry Closet |
Exterior
| Roof | Composition, Metal, Shingle |
|---|---|
| Foundation Details | Slab |
| Lot Features | Cul-De-Sac |
| Construction Materials | Board & Batten Siding, Frame, Lap Siding, Vertical Siding |
| Security Features | Smoke Detector(s) |
| Patio And Porch Features | Front Porch |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Off Street |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 589503 |
|---|---|
| Tax Legal Description | Lo8 Pepperdyne II Sub Bm1983-00400 |
| Tax Year | 2026 |
| Tax Map Number | 8 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27604 |
| Area | Wake |
| Community Name | Pepperdine |
| Listing VS Median (in Pepperdine) | |
Price: $764,950 low | high Med: $749,950 sqft: 4,192 low | high Med: 4,192 $ / sqft: $182 low | high Med: $179 On site: 52 low | high Med: 15 | |
Market Activity 27604
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27604 |
| Area | Wake |
| Community Name | Pepperdine |
| Listing VS Median (in Pepperdine) | |
Price: $764,950 low | high Med: $749,950 sqft: 4,192 low | high Med: 4,192 $ / sqft: $182 low | high Med: $179 On site: 52 low | high Med: 15 | |
