407 Bledsoe Ave

2,700 Sq. Ft.
$324 / Sq. Ft.
2,700
Sq. Ft.
$324
per Sq. Ft.

Description

Modern Downtown Raleigh Investment Opportunity - 4-Unit Multifamily
Discover upscale urban living in the heart of Downtown Raleigh with this beautifully designed four-unit multifamily property. Each thoughtfully crafted unit offers 675 square feet of modern comfort and sophisticated style. Enjoy hardwood floors in the living and bedroom areas, stylish tile in the kitchens and bathrooms, and contemporary finishes throughout. Each unit features a remodeled kitchen with quartz countertops, a classic
...Modern Downtown Raleigh Investment Opportunity - 4-Unit Multifamily
Discover upscale urban living in the heart of Downtown Raleigh with this beautifully designed four-unit multifamily property. Each thoughtfully crafted unit offers 675 square feet of modern comfort and sophisticated style. Enjoy hardwood floors in the living and bedroom areas, stylish tile in the kitchens and bathrooms, and contemporary finishes throughout. Each unit features a remodeled kitchen with quartz countertops, a classic subway tile backsplash, and premium stainless steel appliances—perfect for both tenants and future resale value. With three units already rented and one vacant, this is an ideal opportunity for investors. Whether you're looking to grow your portfolio or secure a prime piece of Raleigh real estate, this property delivers.
  1. Listed by Raghav Nalamada • RTP REALTY ASSOCIATES LLC

Property Details for 407 Bledsoe Avenue

View
Yes
Subdivision
Not in a Subdivision
LISTING CLOSED: 11/10/2025 12:00 AM

Property Details for 407 Bledsoe Avenue

StatusClosed
MLS #10107904
Taxes$5,990 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built2022
Lot Size-
CountyWake County

Location

Listing Courtesy of RTP REALTY ASSOCIATES LLC

Sold By Keller Williams Realty

Add your commute

Building Information for 407 Bledsoe Avenue

Stories-Residences4Year Built2022Building Size-Lot Size-

Payment Calculator

$4,947 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,448

Property Taxes

$499

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 407 Bledsoe Avenue

Summary
Location and General Information
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.768559
  • Longitude: -78.633492
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $5,990.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 0
  • Restrictive Covenants YN: No
Contract Information
  • Property Leased YN: No
  • Years Owned: 1+
  • Due Diligence Expiration Date: 2025-10-23
Parking
  • Open Parking: Yes
  • Parking Features: Driveway
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 2700.0
  • Total Other Area Sq Ft: 0
  • Parcel Number: 1703.16847810000
  • Structure Type: Quadruplex
  • Sold PriceList Price: 0.88
Property and Assessments
  • New Construction: No
  • Photos Count: 19
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Shake Siding
  • Foundation Details: Block
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Shake Siding, Quadruplex
Interior Features
  • Levels: One
  • Flooring: Tile, Wood
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling?: Yes
  • Heating: Heat Pump
  • Heating?: Yes
  • Interior: Driveway, Shake Siding
  • Equipment: Driveway
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Units Information
Unit One
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
  • Unit One: Dishwasher: true
  • Unit One: Garage Attached YN: false
  • Unit One: Kitchen: true
  • Unit One: Living Room: true
  • Unit One: Refrigerator: true
Unit Two
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Dishwasher: true
  • Unit Two: Garage Attached YN: false
  • Unit Two: Kitchen: true
  • Unit Two: Living Room: true
  • Unit Two: Refrigerator: true
Unit Three
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Dishwasher: true
  • Unit Three: Garage Attached YN: false
  • Unit Three: Kitchen: true
  • Unit Three: Living Room: true
  • Unit Three: Refrigerator: true
Unit Four
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Dishwasher: true
  • Unit Four: Garage Attached YN: false
  • Unit Four: Kitchen: true
  • Unit Four: Living Room: true
  • Unit Four: Refrigerator: true

Property History for 407 Bledsoe Avenue

DateEvent & SourcePriceAppreciation
Nov 10, 2025

Sold

TRIANGLEMLS #10107904

$875,000
Nov 5, 2025

Sold (Public Record)

Public Record #1920140754

$875,000

+2.5% / yr

Oct 6, 2025

Pending

TRIANGLEMLS #10107904

DateEvent & SourcePrice
11/10/2025

Sold

TRIANGLEMLS #10107904

$875,000
11/05/2025

Sold (Public Record)

Public Record #1920140754

$875,000

+2.5% / yr

10/06/2025

Pending

TRIANGLEMLS #10107904

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

Public Records for 407 Bledsoe Avenue

Taxable ValueLand$345,000Additions$335,494Total$680,494
Tax Record2025$6,015 ($501 / month)
Home Facts
Total Finished SqFt2,704 SqFtAbove Grade Finished SqFt2,704 SqFtStories1Lot Size11,326 SqFtStyleQuadraplexYear Built1982Year Renovated1992ZoningR-10CountyWAKEAPN1703.16-84-7810 0027365

Schools near 407 Bledsoe Avenue

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 13
Rating
School
Distance
Joyner Elementary
PublicPK to 5

Moore Square Magnet Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Men's Leadership Academy
Public6 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.

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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 RTP REALTY ASSOCIATES LLC

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