1334 South State Street

Closed 11/27/24
Closed 11/27/24
005_dji_0001-edit
003_dji_0005-edit
010_img_0142-edit
011_img_0144-edit
006_img_0137-edit
009_img_0163-edit
012_img_0159-edit
013_img_0161-edit
014_img_0150-edit
016_img_0157-edit
017_img_0166-edit
019_img_0179-edit
020_dji_0015-edit
002_dji_0010-edit
Last Sold Price
$782,500
8 beds2,704 sqft$289/sqft
1334 S State St, Raleigh, NC 27610

Description

Updated and fully leased quadruplex on RX-3 corner lot blocks from Downtown Raleigh! Four 2 bed/1 bath units with ample off street parking, new roof and windows, new siding, new central air, new flooring, quartz countertops, dishwashers, and easy bus stop access on corner. Fully furnished and operated by established single tenant for STR. Tenant covers all utilities for all four units and lawn/common area maintenance. Leased through April of 2025. Great opportunity to invest in a turn key- low maintenance...Updated and fully leased quadruplex on RX-3 corner lot blocks from Downtown Raleigh! Four 2 bed/1 bath units with ample off street parking, new roof and windows, new siding, new central air, new flooring, quartz countertops, dishwashers, and easy bus stop access on corner. Fully furnished and operated by established single tenant for STR. Tenant covers all utilities for all four units and lawn/common area maintenance. Leased through April of 2025. Great opportunity to invest in a turn key- low maintenance property with many options for future development zoning of RX-3.
LISTING CLOSED: 11/27/2024 12:00 AM

  1. Listed by Natalee Choby • Rich Realty Group

Property Details for 1334 South State Street

Status
Closed
MLS #
10035971
Taxes
$2,899 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Quadruplex
Year Built
1981
Lot Size
0.33 AC / 14,374 SF
County
Wake County
View
Yes
Showings Expected to Begin
06-20-2024
Subdivision
Not in a Subdivision

Recent comparable sales

Median sold price

$700,000

Avg days on market

44

Sale-to-list ratio

92.5%

Raleigh, NC

9 comparable properties found

a front view of a house with garden
1/19
1

$700,000

Sold 12/07/24

8
Bedrooms
2,468
Square Feet
0.22
Acres

1600 Cross Street, Raleigh, NC 27610

$610,000 | Undisclosed Address, Raleigh, NC 27603
1/30
2

$610,000

Sold 08/14/26

8
Bedrooms
2,792
Square Feet
0.87
Acres

Undisclosed Address, Raleigh, NC 27603

$875,000 | 407 Bledsoe Avenue, Raleigh, NC 27601
1/20
3

$875,000

Sold 11/10/25

8
Bedrooms
2,700
Square Feet
Unavailable
Acres

407 Bledsoe Avenue, Raleigh, NC 27601

a view of a brick building next to a yard
1/38
4

$1,000,000

Sold 03/23/26

8
Bedrooms
3,905
Square Feet
0.21
Acres

1612 Boyer Street, Raleigh, NC 27610

a car parked in front of a house
1/5
5

$750,000

Sold 11/12/25

8
Bedrooms
4,061
Square Feet
0.16
Acres

2210 Hope Street, Raleigh, NC 27607

$500,000 | 123 Star Street, Raleigh, NC 27610
1/12
6

$500,000

Sold 12/30/25

8
Bedrooms
4,698
Square Feet
0.22
Acres

123 Star Street, Raleigh, NC 27610

a front view of a house with a garden and yard
1/12
7

$515,500

Sold 01/09/25

8
Bedrooms
3,180
Square Feet
0.44
Acres

4724 Hoyle Drive, Raleigh, NC 27604

a front view of a house with a garden and yard
1/12
8

$515,500

Sold 01/09/25

8
Bedrooms
3,180
Square Feet
0.56
Acres

4800 Hoyle Drive, Raleigh, NC 27604

$767,500 | 4701 Brockton Drive, Unit A B C D, Raleigh, NC 27604
1/18
9

$767,500

Sold 08/11/26

8
Bedrooms
3,665
Square Feet
0.85
Acres

4701 Brockton Drive, Unit A B C D, Raleigh, NC 27604

Get preapproved with Rocket Mortgage1

Location

Add your commute

Building Information for 1334 South State Street

Stories1Residences4Year Built1981Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$4,219 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,977

Property Taxes

$242

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1334 South State Street

Summary
Location and General Information
  • Zoning: RX-3
  • Directions: From MLK take S State south. Property on hard corner of S State and Peterson
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.761141
  • Longitude: -78.624765
  • Road Frontage Type: City Street
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $2,899.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 1
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2025-04-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1
  • Due Diligence Expiration Date: 2024-09-15
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Open Parking: Yes
  • Parking Features: Off Street, On Site
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 2704.0
  • Lot Features: Cleared, Level
  • Lot Size Dimensions: 100 x 146 x 100 x 148
  • Architectural Style: Contemporary
  • Total Other Area Sq Ft: 0
  • Number Of Buildings: 1
  • Parcel Number: 1713123116
  • Structure Type: Multi Family, Quadruplex
  • Sold PriceList Price: 0.95
Property and Assessments
  • New Construction: No
  • Photos Count: 14
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 1 Common Wall, 2+ Common Walls, End Unit
  • Community Features: None
  • Senior Community: No
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Connected, Natural Gas Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: HardiPlank Type
  • Exterior Features: Private Entrance
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: HardiPlank Type, Multi Family, Quadruplex
Interior Features
  • Levels: One
  • Stories: 1
  • Fireplace Y N: No
  • Flooring: Laminate, Vinyl
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Appliances: Dishwasher, Oven, Range Hood, Refrigerator
  • Laundry Features: In Hall, In Unit, Main Level
  • Interior Features: Living/Dining Room Combination, Quartz Counters
  • Spa Features: None
  • Spa: No
  • Equipment Appliances: Dishwasher, Oven, Range Hood, Refrigerator
  • Interior: Electricity Connected, Natural Gas Connected, Water Connected, Off Street, On Site, HardiPlank Type, In Hall, In Unit, Main Level
  • Equipment: Dishwasher, Oven, Range Hood, Refrigerator, In Hall, In Unit, Main Level, Off Street, On Site
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
  • TenantPays: All Utilities, Cable TV, Common Area Maintenance, Electricity, Exterior Maintenance, Gas, Grounds Care, Hot Water, Pest Control, Sewer, Telephone, Trash Collection, Water
Units Information
Unit One
  • Unit One: Actual Rent: 1500.0
  • Unit One: Baths Total: 1.0
  • Unit One: Dishwasher: true
  • Unit One: Kitchen: true
  • Unit One: Levels: One
  • Unit One: Living Room: true
  • Unit One: Porch: true
  • Unit One: Refrigerator: true
  • Unit One: Unit Type Total Rent: 1500.0
  • Unit One: Unit Type: 2 Bedroom
  • Unit One: WasherDryer Hookups: true
Unit Two
  • Unit Two: Actual Rent: 1500.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Dishwasher: true
  • Unit Two: Kitchen: true
  • Unit Two: Levels: One
  • Unit Two: Refrigerator: true
  • Unit Two: Unit Type Total Rent: 1500.0
  • Unit Two: Unit Type: 2 Bedroom
  • Unit Two: WasherDryer Hookups: true
Unit Three
  • Unit Three: Actual Rent: 1500.0
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Dishwasher: true
  • Unit Three: Kitchen: true
  • Unit Three: Levels: One
  • Unit Three: Porch: true
  • Unit Three: Refrigerator: true
  • Unit Three: Unit Type Total Rent: 1500.0
  • Unit Three: WasherDryer Hookups: true
Unit Four
  • Unit Four: Actual Rent: 1500.0
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Dishwasher: true
  • Unit Four: Kitchen: true
  • Unit Four: Levels: One
  • Unit Four: Living Room: true
  • Unit Four: Refrigerator: true
  • Unit Four: Unit Type Total Rent: 1500.0
  • Unit Four: WasherDryer Hookups: true

Property History for 1334 South State Street

DateEvent & SourcePriceAppreciation
Nov 27, 2024

Sold

TRIANGLEMLS #10035971

$782,500—
Oct 21, 2024

Sold (Public Record)

Public Record #1543081580

$782,500

+67.1% / yr

Sep 5, 2024

Pending

TRIANGLEMLS #10035971

—
DateEvent & SourcePrice
11/27/2024

Sold

TRIANGLEMLS #10035971

$782,500
10/21/2024

Sold (Public Record)

Public Record #1543081580

$782,500

+67.1% / yr

09/05/2024

Pending

TRIANGLEMLS #10035971

—

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

Public Records for 1334 South State Street

Taxable ValueLand$300,000Additions$392,457Total$692,457
Tax Record2025$6,119 ($510 / month)
Home Facts
Total Finished SqFt2,704 SqFtAbove Grade Finished SqFt2,704 SqFtStories1Lot Size14,375 SqFtStyleQuadraplexYear Built1981Year Renovated2016ZoningRX-3CountyWAKEAPN1713.17-12-3116 0117363

Schools near 1334 South State Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Fuller Elementary
Public - PK to 5
Carnage Middle
Public - 6 to 8
Needham Broughton High
Public - 9 to 12
Vernon Malone College and Career Academy
Public - 9 to 13
Rating
School
Distance
Fuller Elementary
PublicPK to 5

Carnage Middle
Public6 to 8

Needham Broughton High
Public9 to 12

Vernon Malone College and Career Academy
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.

Similar Homes

New listings in 27610

$585,000 | 1508 Tierney Circle, Raleigh, NC 27610
1/50

$585,000

3
Bedrooms
1,730
Square Feet
0.23
Acres

1508 Tierney Circle, Raleigh, NC 27610

$198,000 | 5551 Fieldcross Court, Raleigh, NC 27610
1/31
Listed By CompassNew

$198,000

2
Bedrooms
1,103
Square Feet
0.03
Acres

5551 Fieldcross Court, Raleigh, NC 27610

$324,990 | 1423 Windycrest Court, Raleigh, NC 27610
1/23

$324,990

4
Bedrooms
1,669
Square Feet
0.13
Acres

1423 Windycrest Court, Raleigh, NC 27610

$475,000 | 2609 Glascock Street, Raleigh, NC 27610
1/19

$475,000

4
Bedrooms
1,762
Square Feet
0.25
Acres

2609 Glascock Street, Raleigh, NC 27610

$550,000 | 829 Cumberland Street, Raleigh, NC 27610
1/38
Open: 8/22 12:00PM - 02:00PM

$550,000

3
Bedrooms
1,722
Square Feet

829 Cumberland Street, Raleigh, NC 27610

$299,000 | 5061 Microcline Trail, Raleigh, NC 27610
1/35

$299,000

3
Bedrooms
1,757
Square Feet
0.12
Acres

5061 Microcline Trail, Raleigh, NC 27610

$314,900 | 5330 Arkose Drive, Raleigh, NC 27610
1/57

$314,900

3
Bedrooms
1,720
Square Feet
0.09
Acres

5330 Arkose Drive, Raleigh, NC 27610

$250,000 | 5553 Fieldcross Court, Raleigh, NC 27610
1/28
New

$250,000

3
Bedrooms
1,302
Square Feet
0.03
Acres

5553 Fieldcross Court, Raleigh, NC 27610

$399,000 | 2308 Stonesthrow Court, Raleigh, NC 27610
1/29

$399,000

3
Bedrooms
1,477
Square Feet
0.17
Acres

2308 Stonesthrow Court, Raleigh, NC 27610

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1334 South State Street, Raleigh, NC 27610
$782,500
8
2,704
14,374
1332 South State Street, Raleigh, NC 27610
$675,000
–
3.5
2,704
13,939
1324-1332 South State Street, Raleigh, NC 27610
$2,300,000
–
–
–
252,648
1330 South State Street, Raleigh, NC 27610
$94,900
3
2,489
16,988
1005 Peterson Street, Raleigh, NC 27610
$2,200
–
2
–
128,066
1328 South State Street, Unit A, Raleigh, NC 27610
$169,900
2
655
–

Explore Nearby Homes

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 Rich Realty Group

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.