Sold
Last Sold Price
8 beds4,698 sqft
123 Star St, Raleigh, NC 27610
Multi FamilyProperty Type
0.22 acresLot Size
1955Year Built
$106/sq ftPrice per sq ft
4 carsParking Spaces

Description

Downtown Raleigh Quadruplex For Sale — $649,000
Prime Investment Opportunity in the New Bern Avenue BRT Corridor. Discover this exceptional quadruplex perfectly situated between New Bern Avenue and Poole Road, in the heart of Raleigh's fast-evolving Bus Rapid Transit (BRT) corridor. Strategic Location: Just 400 ± feet from the planned Raleigh Boulevard Transit Station. Spacious Design: 4,698 total SF with 3,132 SF of living area. Layout: 4 Units, 3 Stories, 8 Bedrooms, 4 Baths, and 8 Basement Laundry/Utility
...Downtown Raleigh Quadruplex For Sale — $649,000
Prime Investment Opportunity in the New Bern Avenue BRT Corridor. Discover this exceptional quadruplex perfectly situated between New Bern Avenue and Poole Road, in the heart of Raleigh's fast-evolving Bus Rapid Transit (BRT) corridor. Strategic Location: Just 400 ± feet from the planned Raleigh Boulevard Transit Station. Spacious Design: 4,698 total SF with 3,132 SF of living area. Layout: 4 Units, 3 Stories, 8 Bedrooms, 4 Baths, and 8 Basement Laundry/Utility Rooms. Accessibility: Minutes to I-440, Downtown Raleigh, and WakeMed Hospital. This property represents a rare investment opportunity offering both steady rental income and long-term appreciation potential. Positioned near major transportation routes, planned transit infrastructure, and ongoing redevelopment, this site is ideal for investors looking to capitalize on Raleigh's continued urban growth.
  • Listed by: Louis Ligon Gerald 919.812.3562 seagatenc@gmail.com Brokerage DRE #C34719 • Seagate NC LLC
Listing closed: 12/30/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10127191

Recent comparable sales

Median sold price

$700,000

Avg days on market

54

Sale-to-list ratio

93.5%

Raleigh, NC

9 comparable properties found

$1,000,000 | 1612 Boyer Street, Raleigh, NC 27610
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1

$1,000,000

Sold 03/23/26

8
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Square Feet
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Acres
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$610,000 | Undisclosed Address, Raleigh, NC 27603
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$782,500 | 1334 South State Street, Raleigh, NC 27610
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$515,500 | 4724 Hoyle Drive, Raleigh, NC 27604
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$515,500 | 4800 Hoyle Drive, Raleigh, NC 27604
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8
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3,180
Square Feet
0.56
Acres
$750,000 | 2210 Hope Street, Raleigh, NC 27607
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Sold 11/12/25

8
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Square Feet
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Acres
$875,000 | 407 Bledsoe Avenue, Raleigh, NC 27601
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8
Bedrooms
2,700
Square Feet
Unavailable
Acres
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Sold 11/07/25

Unavailable
Bedrooms
4
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Square Feet
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Acres

Location

Listing Courtesy of Seagate NC LLC

Sold By Seagate NC LLC

Add your commute

Payment Calculator

$2,812 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,584

Property Taxes

$228

HOA Dues

$0

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Property Information for 123 Star Street

Property Details
  • Taxes: $2,738 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Wake County
  • Subdivision: Lincoln Park
Building Information
  • Year Built: 1955
  • Lot Size: 0.22 AC / 9,583 SF
Summary
Location and General Information
  • Directions: From the intersection of Poole Road and S. Raleigh Blvd, Turn Left on Poole Road. Proceed West on Poole Road 300 +/- feet to Star Street. Turn Left on Star St. Proceed North on Star St about 300 +/- feet. 123 Star St will be on your Right.
  • Subdivision Name: Lincoln Park
  • Latitude: 35.778944
  • Longitude: -78.614323
  • Road Frontage Type: City Street
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $2,737.96
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 114-115
  • Has Restrictive Covenants: No
Contract Information
  • Lease Expiration Date: 2025-10-11
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
  • Due Diligence Expiration Date: 2025-12-18
School Information
  • Elementary School: Wake - Hunter Elementary
  • Middle Or Junior School: Wake - Ligon Middle
  • High School 2: Wake - William G Enloe High
Parking
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: On Street
Property
Lot Information
  • Building Area Total: 4698.0
  • Total Other Area Sq Ft: 0.0
  • Parcel Number: 1713484653
  • Structure Type: Quadruplex
  • Sold PriceList Price: 0.77
Property and Assessments
  • New Construction: No
  • Above Grade Finished Area Source: Appraiser
  • Below Grade Finished Area: 1566.0
  • Below Grade Finished Area Source: Appraiser
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete
  • Foundation Details: Block, Slab
  • Roof: Shingle
  • New Construction Type: Quadruplex, Block, Concrete
Interior Features
  • Levels: Tri-Level
  • Basement Description: Block, Concrete, Interior Entry
  • Flooring: Concrete, Hardwood, Vinyl
  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Baseboard
  • Has Heating: Yes
Unit Information
Unit 1
  • Baths Total: 1.0
  • Beds Total: 2.0
  • Levels: Three Or More
  • Living Area: 783.0
  • Other Below Ground Area: 391.0
  • Features: Deck
Unit 2
  • Baths Total: 1.0
  • Beds Total: 2.0
  • Levels: Three Or More
  • Above Grade Finished Area: 783.0
  • Other Below Ground Area: 391.0
  • Features: Deck
Unit 3
  • Baths Total: 1.0
  • Levels: Three Or More
  • Above Grade Finished Area: 783.0
  • Other Below Ground Area: 391.0
Unit 4
  • Baths Total: 1.0
  • Beds Total: 2.0
  • Levels: Three Or More
  • Above Grade Finished Area: 783.0
  • Other Below Ground Area: 391.0
Rental
Rental Information
  • Lease Term: Other

Property History for 123 Star Street

DateEvent & SourcePriceAppreciation
Dec 30, 2025

Sold (Public Record)

Public Record #1925335627

$500,000

+12.9% / yr

Dec 30, 2025

Sold

Doorify MLS (fka Triangle MLS) #10127191

$500,000
Oct 29, 2025

Pending

Doorify MLS (fka Triangle MLS) #10127191

DateEvent & SourcePrice
12/30/2025

Sold (Public Record)

Public Record #1925335627

$500,000

+12.9% / yr

12/30/2025

Sold

Doorify MLS (fka Triangle MLS) #10127191

$500,000
10/29/2025

Pending

Doorify MLS (fka Triangle MLS) #10127191

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

Public Records for 123 Star Street

Taxable ValueLand$189,000Additions$115,777Total$304,777
Tax Record2025$2,738 ($228 / month)
Home Facts
Total Finished SqFt4,680 SqFtAbove Grade Finished SqFt4,680 SqFtStories2Lot Size9,583 SqFtStyleQuadraplexYear Built1955ZoningRX-4CountyWAKEAPN1713.06-48-4653 0040664

Schools near 123 Star Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Hunter Elementary School
PublicPK to 5

Ligon Middle
Public6 to 8

William G Enloe High
Public9 to 12

Longview School
Public6 to 12

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: 123 Star Street, Raleigh, NC 27610
$500,000
8
4,698
9,583
$137,500
2
775
4,791
$64,000
1
832
7,405
1
850
4,792
5,663
1
832
7,405

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 Seagate NC LLC

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.