215 1/2 Lafayette Rd, Unit A

$725,000
Price
4
Beds
2,136 Sq. Ft.
$339 / Sq. Ft.
2,136
Sq. Ft.
$339
per Sq. Ft.

Description

DUPLEX FOR INVESTMENT OR OCCUPANCY OR BOTH -- each side is 2 bedrooms 1.5 bathrooms -- approximately 1068sf per side. Incredible location just two blocks away from the Mordecai Historic Park just off downtown Raleigh, this well-renovated and maintained duplex could be: a) maintained as an investment, with both sides leased; b) lived in on side B with lease or Airbnb income from side A (side B vacates on November 15 thus allowing for a new owner to move right in); c) converted to a single-family home;...DUPLEX FOR INVESTMENT OR OCCUPANCY OR BOTH -- each side is 2 bedrooms 1.5 bathrooms -- approximately 1068sf per side. Incredible location just two blocks away from the Mordecai Historic Park just off downtown Raleigh, this well-renovated and maintained duplex could be: a) maintained as an investment, with both sides leased; b) lived in on side B with lease or Airbnb income from side A (side B vacates on November 15 thus allowing for a new owner to move right in); c) converted to a single-family home; or d) anything else you'd like. Around three years ago, the property was given a significant refresh and updates, and now has a matching pair of front and rear decks, new board and batten siding on the front and back, new roof, new vinyl flooring and new HVAC and refrigerator (the last two on side A only). The two sides are mirror images of each other, with two good-sized bedrooms upstairs (15x11.5 and 14x12) with a shared full bath, and then a 14x7 kitchen, powder room and 16.5x11.5 family room on the main floor. There's a two-car concrete parking pad for off-street parking (currently assigned one per side) and the tenant on side A has been there for 19 years (lease is month-to-month). From this amazing neighborhood location, you will be a one-half mile (OR LESS) walk to all of the following: Stanbury, Jolie, Station, Oakwood Pizza Box and Crawford and Son restaurants, Two Roosters ice cream, Krispy Kreme doughnuts, Yellow Dog Bakery, The Optimist, Person Street Bar and the Oakwood Dog Park.

Property Details for 215 1/2 Lafayette Road, Unit A

View
Neighborhood
View
Yes
Subdivision
Lafayette
LISTING UPDATED: 12/05/2025 05:53 PM

Property Details for 215 1/2 Lafayette Road, Unit A

StatusPending
MLS #10128754
Days on Market29
Taxes$4,920 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1986
Lot Size0.16 AC / 6,969 SF
CountyWake County

Location

Listing Courtesy of: .

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Building Information for 215 1/2 Lafayette Road, Unit A

Stories2Residences2Year Built1986Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$3,992 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,582

Property Taxes

$410

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 215 1/2 Lafayette Road, Unit A

Summary
Location and General Information
  • Zoning: R-6
  • Directions: Wake Forest Rd to east on Lafayette
  • Subdivision Name: Lafayette
  • Latitude: 35.794651
  • Longitude: -78.629574
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Neighborhood: Mordecai
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $4,920.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 7
  • Restrictive Covenants YN: No
Contract Information
  • Lease Expiration Date: 2025-12-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 19
  • Due Diligence Expiration Date: 2025-12-06
School Information
  • Elementary School: Wake - Conn
  • Middle Or Junior School: Wake - Oberlin
  • High School: Wake - Broughton
Parking
  • Open Parking: No
  • Parking Features: Concrete, Off Street, On Street, Parking Pad
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 2136.0
  • Lot Features: Back Yard, Few Trees, Level, Near Public Transit
  • Lot Size Dimensions: 60 x 120 see survey
  • Other Area Above Grade: 0
  • Other Area Below Grade: 0
  • Total Other Area Sq Ft: 0
  • Number Of Buildings: 1
  • Parcel Number: 1704948365
  • Structure Type: Duplex, House
Property and Assessments
  • New Construction: No
  • Photos Count: 39
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Historical Area, Park, Playground, Restaurant, Street Lights
  • Senior Community: No
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Board & Batten Siding, Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Porch
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • New Construction Type: Board & Batten Siding, Vinyl Siding, Duplex, House
Interior Features
  • Levels: Two
  • Stories: 2
  • Flooring: Combination
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Separate Meters
  • Heating?: Yes
  • Appliances: Disposal, Electric Range, Refrigerator, Washer/Dryer, Water Heater
  • Laundry Features: In Kitchen, Laundry Closet
  • Spa: No
  • Equipment Appliances: Disposal, Electric Range, Refrigerator, Washer/Dryer, Water Heater
  • Interior: Concrete, Off Street, On Street, Parking Pad, Board & Batten Siding, Vinyl Siding, In Kitchen, Laundry Closet
  • Equipment: Disposal, Electric Range, Refrigerator, Washer/Dryer, Water Heater, In Kitchen, Laundry Closet, Concrete, Off Street, On Street, Parking Pad
Multi Family
Unit Information
  • Total Units: 2
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Month To Month
  • TenantPays: All Utilities
Units Information
Units Details
  • Number Of Units Month To Month: 2.0
Unit One
  • Unit One: Above Grade Finished Area: 1068.0
  • Unit One: Actual Rent: 1500.0
  • Unit One: Baths Total: 2.0
  • Unit One: Beds Total: 2.0
  • Unit One: Deck: true
  • Unit One: Dishwasher: true
  • Unit One: Disposal: true
  • Unit One: Garage Attached YN: false
  • Unit One: Kitchen: true
  • Unit One: Levels: Two
  • Unit One: Living Area: 1068.0
  • Unit One: Living Room: true
  • Unit One: Patio: true
  • Unit One: Porch: true
  • Unit One: Refrigerator: true
  • Unit One: Unit Type Description: Side A (same tenant 19 years)
  • Unit One: Unit Type Pro Forma: 2100
  • Unit One: Unit Type Total Rent: 1500.0
  • Unit One: Unit Type: 2 Bedroom
  • Unit One: WasherDryer Hookups: true
Unit Two
  • Unit Two: Above Grade Finished Area: 1068.0
  • Unit Two: Baths Total: 2.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Deck: true
  • Unit Two: Dishwasher: true
  • Unit Two: Disposal: true
  • Unit Two: Garage Attached YN: false
  • Unit Two: Kitchen: true
  • Unit Two: Levels: Two
  • Unit Two: Living Area: 1068.0
  • Unit Two: Living Room: true
  • Unit Two: Patio: true
  • Unit Two: Porch: true
  • Unit Two: Refrigerator: true
  • Unit Two: Unit Type Description: Side B
  • Unit Two: Unit Type Pro Forma: 2100
  • Unit Two: Unit Type: 2 Bedroom
  • Unit Two: WasherDryer Hookups: true
Unit Three
  • Unit Three: Unit Type Description: 2 units only
Unit Four
  • Unit Four: Unit Type Description: 2 units only

Property History for 215 1/2 Lafayette Road, Unit A

DateEvent & SourcePriceAppreciation
Nov 15, 2025

Pending

TRIANGLEMLS #10128754

—
Oct 17, 2025

Listed (Active)

TRIANGLEMLS #10128754

$725,000—
DateEvent & SourcePrice
11/15/2025

Pending

TRIANGLEMLS #10128754

—
10/17/2025

Listed (Active)

TRIANGLEMLS #10128754

$725,000

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

Schools near 215 1/2 Lafayette Road, Unit A

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 - 9 to 12
Rating
School
Distance
Conn Elementary
PublicPK to 5

Oberlin Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

Phillips High
Public9 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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