Last Sold Price
5,742 sqft$183/sqft
2821 Club Plaza Rd, Raleigh, NC 27603

Description

Everest Commercial Group is pleased to present 2821 Club Plaza Road, a 7-unit multifamily community located in South Raleigh, one of Raleigh's most active and rapidly evolving submarkets. The property is situated within an Opportunity Zone, and is fully stabilized at 100% occupancy. The community features a consistent unit mix of two-bedroom / one-bath residences averaging approximately 820 square feet, each equipped with washer and dryer hookups. Current in-place rents average approximately $1,317...Everest Commercial Group is pleased to present 2821 Club Plaza Road, a 7-unit multifamily community located in South Raleigh, one of Raleigh's most active and rapidly evolving submarkets. The property is situated within an Opportunity Zone, and is fully stabilized at 100% occupancy. The community features a consistent unit mix of two-bedroom / one-bath residences averaging approximately 820 square feet, each equipped with washer and dryer hookups. Current in-place rents average approximately $1,317 per unit, providing immediate income with the opportunity for continued rental growth. Costar estimated average market rents for 2 beds in South Raleigh at $1500. The asset offers a simple operational profile and benefits from steady tenant demand in the surrounding area. This asset has been well cared for by ownership, including extensive capex work done to the property. Vinyl windows, doors, asphalt seal coat, cabinet and countertop refinishing, appliances, water heaters and more have been done under their ownership. The property sits on approximately 0.7 acres with ample parking, and provides convenient access to major employment centers and transportation corridors. A GoRaleigh public transit stop is located roughly 0.2 miles away, while Downtown Raleigh is approximately four miles, Dix Park 2.4 miles, Downtown Garner five miles, and Interstate 40 just over one mile from the site.
LISTING CLOSED: 08/21/2026 12:00 AM

  1. Listed by Owen Drugan • EVEREST VENTURES LLC

Property Details for 2821 Club Plaza Road

Status
MLS #
10142918
Taxes
$10,408 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Commercial Sale / Multi Family
Year Built
1984
Lot Size
0.70 AC / 30,492 SF

Amenities

  • Air Conditioning
  • Dryer
  • Dryer Hookup
  • Electric Heat
  • Electric Oven
  • Microwave
  • Refrigerator
  • Tile Floors

Location

Add your commute

Building Information for 2821 Club Plaza Road

Stories1Residences-Year Built1984Building Size-Lot Size0.70 AC / 30,492 SF

Payment Calculator

$6,204 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,337

Property Taxes

$867

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2821 Club Plaza Road

Summary
Location and General Information
  • Zoning: R-10
  • Directions: From Downtown Raleigh, via US-401 S/US-70 E/N Dawson St, continue on 2.3 miles, right on Carolina Pines Ave, Left on Oak Rd, Left on Club Plaza Rd, Property will be on the right
  • Latitude: 35.747066
  • Longitude: -78.65853
Taxes and HOA Information
  • Tax Annual Amount: $10,408.26
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 61-65
Contract Information
  • Lease Expiration Date: 2026-03-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2026-04-06
Property
Lot Information
  • Building Area Total: 5742.0
  • Lot Size Dimensions: 185 x 165
  • Parcel Number: 170209173010000 0041176
  • Structure Type: Multi Family
  • List PriceAcre: 1714285.71
  • Sold PriceAcre: 1500000
  • Sold PriceList Price: 0.88
Property and Assessments
  • New Construction: No
  • Photos Count: 17
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Electricity Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, Multi Family
Interior Features
  • Stories: 1
  • Flooring: Tile, Vinyl
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Electric, Heat Pump
  • Heating?: Yes
  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
  • Laundry Features: In Unit
  • Interior Features: Bathtub/Shower Combination, Living/Dining Room Combination
  • Equipment Appliances: Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
  • Interior: Cable Available, Electricity Connected, Water Connected, Brick, In Unit
  • Equipment: Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater, In Unit
Agent
Sale and Listing
  • Property Type: Commercial Sale
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
  • TenantPays: Cable TV, Electricity, Water

Property History for 2821 Club Plaza Road

DateEvent & SourcePriceAppreciation
Aug 21, 2026

Sold

TRIANGLEMLS #10142918

$1,050,000
Mar 5, 2026

Pending

TRIANGLEMLS #10142918

Jan 9, 2026

Listed (Active)

TRIANGLEMLS #10142918

$1,200,000
DateEvent & SourcePrice
08/21/2026

Sold

TRIANGLEMLS #10142918

$1,050,000
03/05/2026

Pending

TRIANGLEMLS #10142918

01/09/2026

Listed (Active)

TRIANGLEMLS #10142918

$1,200,000

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

Public Records for 2821 Club Plaza Road

Taxable ValueLand$306,250Additions$871,168Total$1,177,418
Tax Record2025$10,408 ($867 / month)
Home Facts
Total Finished SqFt5,742 SqFtAbove Grade Finished SqFt5,742 SqFtStories1Lot Size30,492 SqFtStyleMulti-Family Res (5+ Units)Year Built1984Year Renovated2003ZoningR-10CountyWAKEAPN1702.09-17-3010-000

Schools near 2821 Club Plaza Road

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Penny Road Elementary
PublicK to 5

Apex Middle
Public6 to 8

Apex 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 2821 Club Plaza Road, Raleigh, NC 27603
$1,050,000
5,742
30,492
4
3,136
18,295
$70,000
1
1,026
10,454
1,144
13,939
$125,000
4
3,136
20,038
988
9,148

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 EVEREST VENTURES 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.