122 Raleigh Street

Closed 6/27/22
Closed 6/27/22
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Sold
Last Sold Price
$222,332
8 beds800 sqft$278/sqft
122 Raleigh St, Teachey, NC 28464
Multi FamilyProperty Type
0.63 acresLot Size
1969Year Built
$278/sq ftPrice per sq ft

Description

Great investment opportunity! Four unit apartment, each with 2 bedrooms, and 1.5 bath. Presently rental $550 a month per unit.Great investment opportunity! Four unit apartment, each with 2 bedrooms, and 1.5 bath. Presently rental $550 a month per unit.
  • Listed by: Georgina G Zeng 910.990.2628 georgina@elcrealestate.com Brokerage DRE #C26505 • ELC Real Estate Inc.
Listing closed: 06/27/2022 12:00 AM • Source: NCRMLS, MLS#: 100326750

Recent comparable sales

Median sold price

$247,500

Avg days on market

49

Sale-to-list ratio

93.9%

Teachey, NC

9 comparable properties found

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110 North East Avenue, Teachey, NC 28464

$250,000 | 4780 Highway 117, Teachey, NC 28464
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4780 Highway 117, Teachey, NC 28464

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1/32
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137 Phillip Mills Drive, Teachey, NC 28464

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Location

Listing Courtesy of ELC Real Estate Inc.

Sold By ELC Real Estate Inc.

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$1,152 per month

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Principal and Interest

$1,130

Property Taxes

$22

HOA Dues

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Property Information for 122 Raleigh Street

Property Details
  • Taxes: $267 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Duplin County
  • Subdivision Name: Not In Subdivision
  • Waterfront: No
  • Zoning: R20
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1969
  • Lot Size: 0.63 AC / 27,443 SF
Summary
Location and General Information
  • Island Or Mainland: Mainland
  • In City Limits: Yes
  • Secondary Subdivision: N/A
  • Cobra Zone: No
  • Directions: Take Highway 117 to Wallace, travel towards Teachey, turn right onto Bay Road, immediately left on Raleigh Street, apartment complex will be on right.
  • Latitude: 35
  • Longitude: -78
Taxes and HOA
  • Tax Other Assessment Amount Frequency: None known as of date.
  • Association Amenities: None
  • Association: No
  • Parcel Number: 093529
  • Tax Block: n/a
  • Tax Book Number: n/a
  • Tax Legal Description: DEED BOOK 1559 AND PAGE 166.
  • Tax Map Number: 239704945159
  • Tax Assessed Value: $38,400
  • Tax Year: 2018
School Information
  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle Or Junior School: None
Parking
  • Attached Garage: No
  • Garage: No
  • Parking Features: Shared Driveway, Gravel, On Site
Property
Lot Information
  • Building Area Total: 800.0
  • Lot Size Acres: 0.63
  • Lot Size Area: 0.63
  • Lot Size Square Feet: 27443.0
  • Lot Size Dimensions: IRREGULAR
  • Lot Size Units: Acres
  • Structure Type: Wood Frame
Property and Assessments
  • Deed Book: 1559
  • Deed Page: 166.0
  • New Construction: No
  • Possession: At Closing
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1969
Utilities
  • Fuel Tank Details: None
Interior and Exterior Features
Exterior Features
  • Exterior Finish: Brick
  • Construction Materials: Brick, Wood Frame
  • Exterior Features: None
  • Fencing: None
  • Foundation Details: Crawl Space
  • Patio And Porch Features: None
  • Roof: Metal
  • Stories: 2
Interior Features
  • Bathrooms Total Source: MLS
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Notational: 4.0
  • Heating System Fuel Source: Electric
  • Appliances: Electric Cooktop
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8
  • Cooling: Central Air
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air, Electric
  • Interior Features: None
Multi Family
Multi Family Information
  • Furnished: Unfurnished
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
Mobile Home
Mobile Home Information
  • Park Manager Name: No
Unit Information
Unit 1
  • Unit Type Area: 800.0
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 1
  • Unit Type Occupant Type: Vacant
  • Unit Type Actual Rent: 550.0
  • Unit Type Beds Total: 2
  • Unit Type Furnished: Unfurnished
Unit 2
  • Unit Type Area: 800.0
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 1
  • Unit Type Occupant Type: Occupied
  • Unit Type Actual Rent: 550.0
  • Unit Type Beds Total: 2
  • Unit Type Furnished: Unfurnished
Unit 3
  • Unit Type Area: 800.0
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 1
  • Unit Type Occupant Type: Occupied
  • Unit Type Actual Rent: 550.0
  • Unit Type Beds Total: 2
  • Unit Type Furnished: Unfurnished
Unit 4
  • Unit Type Area: 800.0
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 1
  • Unit Type Occupant Type: Occupied
  • Unit Type Actual Rent: 550.0
  • Unit Type Beds Total: 2
  • Unit Type Furnished: Unfurnished
Agent
Sale and Listing
  • Sold Exclusive: No

Property History for 122 Raleigh Street

DateEvent & SourcePriceAppreciation
Jun 27, 2022

Sold

NCRMLS #100326750

$222,332—
May 11, 2022

Pending

NCRMLS #100326750

—
May 9, 2022

Listed (Active)

NCRMLS #100326750

$249,000—
DateEvent & SourcePrice
06/27/2022

Sold

NCRMLS #100326750

$222,332
05/11/2022

Pending

NCRMLS #100326750

—
05/09/2022

Listed (Active)

NCRMLS #100326750

$249,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 122 Raleigh Street

Taxable ValueLand$28,500Additions$219,000Total$247,500
Tax Record2025$2,549 ($212 / month)
Home Facts
Baths6Total Finished SqFt3,754 SqFtAbove Grade Finished SqFt3,754 SqFtStories1Lot Size31,250 SqFtStyleSingle Family ResidenceYear Built1969Year Renovated1969CountyDUPLINAPN09-3529- - -

Schools near 122 Raleigh Street

This home is within Duplin County School District.
Rating
School
Type
Grades
Distance
Wallace Elementary
Public - PK to 8
Wallace-Rose Hill High
Public - 9 to 12
Duplin Early College High School
Public - 9 to 13
Rating
School
Distance
Wallace Elementary
PublicPK to 8

Wallace-Rose Hill High
Public9 to 12

Duplin Early College High School
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 122 Raleigh Street, Teachey, NC 28464
$222,332
8
800
27,443
120 Raleigh Street, Teachey, NC 28464
$235,700
3
1,820
53,579
130 Raleigh Street, Teachey, NC 28464
$132,500
4
4
2,104
23,490
119 Raleigh Street, Teachey, NC 28464
$121,000
3
1,727
32,670
134 Raleigh Street, Teachey, NC 28464
–
2
1
1,100
13,932
107 Raleigh Street, Teachey, NC 28464
$111,000
3
2
1,739
25,000

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ELC Real Estate Inc.

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 07/17/2026 03:57 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass or its subsidiaries, affiliates and their agents and associated third parties shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS