3814 Thelma St

2,696 Sq. Ft.
$260 / Sq. Ft.
2,696
Sq. Ft.
$260
per Sq. Ft.

Description

Income-producing duplex in the heart of Raleigh at 3814 Thelma St, that lives like one 4 bed / 4 bath unit and one 4 bed / 4 bath unit. Both units are currently leased on a week-to-week basis, offering immediate cash flow with flexibility for a new owner. Strong investment opportunity. Home to be professionally measured. Property is occupied by tenants. 24 hour notice required for showings.Income-producing duplex in the heart of Raleigh at 3814 Thelma St, that lives like one 4 bed / 4 bath unit and one 4 bed / 4 bath unit. Both units are currently leased on a week-to-week basis, offering immediate cash flow with flexibility for a new owner. Strong investment opportunity. Home to be professionally measured. Property is occupied by tenants. 24 hour notice required for showings.
  1. Listed by Marti Hampton • EXP Realty LLC
  2. Listed by Cory Castille • EXP Realty LLC

Property Details for 3814 Thelma Street

View
Yes
Subdivision
Beacon Lake
LISTING UPDATED: 04/17/2026 03:02 PM

Property Details for 3814 Thelma Street

StatusActive
MLS #10160898
Days on Market1
Taxes$2,723 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Duplex
Year Built1969
Lot Size0.79 AC / 34,412 SF
CountyWake County

Location

Listing Courtesy of EXP Realty LLC
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Building Information for 3814 Thelma Street

Stories-Residences-Year Built1969Building Size-Lot Size0.79 AC / 34,412 SF

Payment Calculator

$3,752 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,525

Property Taxes

$227

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3814 Thelma Street

Summary
Location and General Information
  • Directions: Head toward New Bern Pl Turn left onto E Edenton St Turn left onto S Salisbury St Turn left onto W Morgan St Continue onto New Bern Ave Turn right onto Beacon Lake Dr Turn right onto Thelma St
  • Subdivision Name: Beacon Lake
  • Latitude: 35.795296
  • Longitude: -78.573509
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $2,722.58
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 147 & 148
  • Restrictive Covenants YN: Yes
Contract Information
  • Lease Expiration Date: 2026-05-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Garage: No
Property
Lot Information
  • Building Area Total: 2696.0
  • Architectural Style: Ranch
  • Total Other Area Sq Ft: 0
  • Parcel Number: 1724644676
  • Structure Type: Duplex
  • Enhanced Accessible: No
  • Primary Residence YN: No
Property and Assessments
  • New Construction: No
  • Photos Count: 6
  • Property Attached: Yes
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
  • Water_Sewer: Public, Septic Tank
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Brick Veneer
  • Pool Private: No
  • Roof: Metal
  • New Construction Type: Brick, Brick Veneer, Duplex
Interior Features
  • Levels: One
  • Master Bedroom 1st Floor: 4
  • Basement Description: Crawl Space
  • Flooring: Carpet, Ceramic Tile, Wood
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Interior: Brick, Brick Veneer
Room Information
Room Information
  • Rooms Total: 1.0
Room 1
  • Room Level: Main
  • Room Type: Primary Bedroom
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Weekly

Property History for 3814 Thelma Street

DateEvent & SourcePriceAppreciation
Apr 17, 2026

Listed (Active)

TRIANGLEMLS #10160898

$700,000
DateEvent & SourcePrice
04/17/2026

Listed (Active)

TRIANGLEMLS #10160898

$700,000

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

Schools near 3814 Thelma Street

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 - 6 to 8
Rating
School
Distance
Partnership Elementary
PublicK to 5

Moore Square Museum Magnet Mid
Public6 to 8

Southeast Raleigh High
Public9 to 12

River Oaks Middle
Public6 to 8

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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3814 Thelma Street is a multi-family home for sale in Raleigh, NC 27610. This property was listed for sale on April 17, 2026 by EXP Realty LLC, it's currently listed at $700,000. This listing's school district is Wake County School District. Nearby schools include Partnership Elementary, Moore Square Museum Magnet Mid and Southeast Raleigh High. 3814 Thelma Street is a 4-bed, 8-bath, 2,696 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty LLC

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