Sold
Last Sold Price
8 beds3,905 sqft$256/sqft
1612 Boyer St, Raleigh, NC 27610
Multi FamilyProperty Type
9,148 sq ftLot Size
1970Year Built
$256/sq ftPrice per sq ft
6 carsParking Spaces

Description

1612-1618 Boyer Street presents an investor-ready quadplex portfolio in one of Raleigh's fastest-growing corridors, surrounded by new residential and commercial development. This property features four updated 2-bedroom, 1-bathroom units, each equipped with in-unit washer and dryer, modern finishes, and dedicated parking with additional side parking for tenants and guests. All units underwent major updates in 2020, and 1618 and 1616 Boyer received further renovations in 2025, allowing for an immediate...1612-1618 Boyer Street presents an investor-ready quadplex portfolio in one of Raleigh's fastest-growing corridors, surrounded by new residential and commercial development. This property features four updated 2-bedroom, 1-bathroom units, each equipped with in-unit washer and dryer, modern finishes, and dedicated parking with additional side parking for tenants and guests. All units underwent major updates in 2020, and 1618 and 1616 Boyer received further renovations in 2025, allowing for an immediate $250 per-unit rent increase. To prepare the property for its next owner, two units were strategically bought out to complete these improvements, ensuring a seamless handoff to the next investor. One of those units is now being re-leased at the new higher rent, validating the area's strong rental growth and setting the stage for top-market performance. Just behind the property sits 15 Fisher Street, a triplex that can be purchased together with Boyer to form a 7-unit portfolio with a combined pro forma NOI of approximately $120,000 per year. 15 Fisher must be a cash purchase but can be negotiated into the overall acquisition price, offering buyers a rare multi-property opportunity in a thriving, high-demand area.
Listing closed: 03/23/2026 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10136261

Location

Listing Courtesy of United Real Estate Triangle

Sold By Davis Real Estate Services

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Payment Calculator

$5,625 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,083

Property Taxes

$543

HOA Dues

$0

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Property Information for 1612 Boyer Street

Property Details
  • Taxes: $6,511 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Wake County
  • Zoning Description: RX-3
  • Showings Expected to Begin: 12-06-2025
  • Subdivision: Collage Park
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1970
  • Lot Size: 0.21 AC / 9,148 SF
Summary
Location and General Information
  • Zoning: RX-3
  • Directions: Head south on I-440 toward Poole Road and take the Poole Road exit. Turn left onto Poole Road, then continue for about a mile and turn right onto Boyer Street. Follow Boyer Street straight ahead until you reach 1612 Boyer on your left.
  • Subdivision Name: Collage Park
  • Latitude: 35.780849
  • Longitude: -78.615188
  • Road Frontage Type: State Road
  • Road Surface Type: Concrete, Paved
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $6,510.87
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 327-328
  • Has Restrictive Covenants: Yes
Contract Information
  • Lease Expiration Date: 2026-04-20
  • Has Property Leased: Yes
  • Due Diligence Expiration Date: 2026-03-17
School Information
  • Elementary School: Wake - Powell Elementary
  • Middle Or Junior School: Wake - Ligon Middle
  • High School: Wake - Needham Broughton High
Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Attached, Concrete, On Site
Property
Lot Information
  • Building Area Total: 3905.0
  • Lot Features: Back Yard, Cleared, Few Trees, Landscaped, Near Public Transit
  • Total Other Area Sq Ft: 0.0
  • Number Of Buildings: 1
  • Parcel Number: 1713.06-49-1324 0013583
  • Structure Type: Quadruplex
  • Sold PriceList Price: 0.83
Property and Assessments
  • New Construction: No
  • Common Walls: 2+ Common Walls
  • Community Features: Playground
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Vertical Siding
  • Exterior Features: Awning(s), Private Yard, Rain Gutters, Fenced Yard
  • Fencing: Back Yard, Wood
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Front Porch
  • Roof: Shingle
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • New Construction Type: Quadruplex, Aluminum Siding, Vertical Siding
Interior Features
  • Levels: Two
  • Stories: 2
  • Flooring: Hardwood, Luxury Vinyl
  • Windows Treatment: Blinds
  • Cooling: Central Air, Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Forced Air, Heat Pump
  • Has Heating: Yes
  • Appliances: Electric Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer, Water Heater
  • Laundry Features: In Unit
  • Interior Features: High Ceilings, Open Floorplan, Kitchen/Dining Room Combination, Bathtub/Shower Combination, Quartz Counters, Smooth Ceilings
Multi Family
Multi Family Information
  • Total Units: 4
Unit Information
Unit 1
  • Baths Total: 1.0
  • Actual Rent: $1,450.00
  • Beds Total: 2.0
  • Type: 2 Bedroom
  • Levels: Two
  • Living Area: 908.0
  • Features: Dishwasher, Kitchen, Living Room, Porch, Range, Refrigerator, Washer/Dryer Hookups
Unit 2
  • Baths Total: 1.0
  • Actual Rent: $1,425.00
  • Beds Total: 2.0
  • Type: 2 Bedroom
  • Levels: Two
  • Above Grade Finished Area: 908.0
  • Features: Dishwasher, Kitchen, Living Room, Porch, Range, Refrigerator, Washer/Dryer Hookups
Unit 3
  • Baths Total: 1.0
  • Actual Rent: $1,600.00
  • Beds Total: 2.0
  • Description: Townhouse
  • Units Total: 4
  • Type: 2 Bedroom
  • Levels: Two
  • Features: Deck, Dining Room, Dishwasher, Disposal, Kitchen, Living Room, Patio, Range, Refrigerator, Storage, Utility Room
Unit 4
  • Baths Total: 1.0
  • Actual Rent: $1,550.00
  • Beds Total: 2.0
  • Type: 2 Bedroom
  • Levels: Two
  • Features: Refrigerator, Storage, Utility Room, Deck, Dining Room, Dishwasher, Disposal, Kitchen, Living Room, Patio, Range
Rental
Rental Information
  • Lease Term: Month To Month
  • TenantPays: Cable TV, Electricity, Gas, Hot Water, Trash Collection

Property History for 1612 Boyer Street

DateEvent & SourcePriceAppreciation
Mar 23, 2026

Sold (Public Record)

Public Record #1934203788

$1,000,000
Mar 23, 2026

Sold

Doorify MLS (fka Triangle MLS) #10136261

$1,000,000
Mar 9, 2026

Pending

Doorify MLS (fka Triangle MLS) #10136261

DateEvent & SourcePrice
03/23/2026

Sold (Public Record)

Public Record #1934203788

$1,000,000
03/23/2026

Sold

Doorify MLS (fka Triangle MLS) #10136261

$1,000,000
03/09/2026

Pending

Doorify MLS (fka Triangle MLS) #10136261

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

Public Records for 1612 Boyer Street

Taxable ValueLand$236,250Additions$501,150Total$737,400
Tax Record2025$6,511 ($543 / month)
Home Facts
Total Finished SqFt3,905 SqFtAbove Grade Finished SqFt3,905 SqFtStories2Lot Size9,148 SqFtStyleQuadraplexYear Built1970Year Renovated2000ZoningRX-3CountyWAKEAPN1713.06-49-1324 0013583

Schools near 1612 Boyer 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
Powell Elementary
PublicPK to 5

Ligon Middle
Public6 to 8

Needham Broughton 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: 1612 Boyer Street, Raleigh, NC 27610
$1,000,000
8
3,905
9,148
2.5
1,475
18,295
2
2,440
4,792
840
4,792
1.5
6,534
$7,000
6,970

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 United Real Estate Triangle

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.