409 Gardner St

Beds
Baths
3,132 Sq. Ft.
$402 / Sq. Ft.
3,132
Sq. Ft.
$402
per Sq. Ft.

Description

This property is offered AS IS. Located in the urban core of Raleigh, N. C., this six unit building is uniquely situated inside the beltline across the street from Raleigh’s Rose Garden, and is within walking distance of N. C. State University. The property features (4), two-bedroom units on the main floor and (2) one-bedroom units on the lower level. There is a common laundry room in the basement shared by all residents. This property is well-positioned for value-add improvements. Buyers should...This property is offered AS IS. Located in the urban core of Raleigh, N. C., this six unit building is uniquely situated inside the beltline across the street from Raleigh’s Rose Garden, and is within walking distance of N. C. State University. The property features (4), two-bedroom units on the main floor and (2) one-bedroom units on the lower level. There is a common laundry room in the basement shared by all residents. This property is well-positioned for value-add improvements. Buyers should research land values in the neighborhood and the potential to subdivide the lot. Owner pays water and is approximately $340 per month. Tenants pay all other utilities. Lease Exp. & Current Rents: Unit 405: 9/30/2022 ($1,175), Unit 407:VACANT ($1,300 Estimated Market Rent), Unit 409: 3/31/2023 ($850), Unit 411: 6/30/23 ($1,275), Unit 413: 3/31/23 ($1,175), Unit 415: 4/30/23 ($700)
  1. Listed by Daniel Pogue • Deaton Investment Real Estate
  2. Listed by Thomas L Furlow • Deaton Investment Real Estate

Property Details for 409 Gardner Street

Subdivision
Not in a Subdivision
LISTING CLOSED: 11/03/2022 12:00 AM

Property Details for 409 Gardner Street

StatusClosed
MLS #2473787
Taxes$7,015 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Single Family Residence
Year Built1930
Lot Size0.40 AC / 17,424 SF
CountyWake County

Location

Listing Courtesy of Deaton Investment Real Estate

Sold By Deaton Investment Real Estate

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Building Information for 409 Gardner Street

Stories-Residences6Year Built1930Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

$6,863 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,279

Property Taxes

$585

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 409 Gardner Street

Summary
Location and General Information
  • Directions: Heading West on Hillsborough St (away from downtown) turn right onto Gardner St and property will be on the left.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.792482
  • Longitude: -78.670449
Taxes and HOA Information
  • Tax Lot: 51 & 52
  • Tax Annual Amount: $7,015.00
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Parking Features: Off Street
  • Carport: No
  • Garage: No
Property
Property and Assessments
  • New Construction: No
  • Photos Count: 30
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: City Sewer
  • Water Source: City Water
  • Gas: Natural Gas
  • Water_Sewer: City Water, City Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: All Brick
  • Foundation Details: Basement
  • New Construction Type: All Brick
Interior Features
  • Levels: Unit 1/1 Sty, Unit 2/1Sty, Unit 3/1 Sty, Unit 4/1Sty
  • Fireplace Y N: No
  • Flooring: Hardwood, Vinyl
  • Cooling: Central Air, Heat Pump, Window Unit(s)
  • Cooling?: Yes
  • Heating: Forced Air, Heat Pump, Electric, Natural Gas
  • Heating?: Yes
  • Appliances: Range/Oven, Refrigerator
  • Interior Features: 1 Bath, 2 Baths, Kitchen, Living Room, 2 Bedroom
  • Equipment Appliances: Range/Oven, Refrigerator
  • Interior: Off Street, All Brick
  • Equipment: Range/Oven, Refrigerator, Off Street
Multi Family
Unit Information
  • Total Units: 6
Agent
Sale and Listing
  • Property Class Name: MultiFamily

Property History for 409 Gardner Street

DateEvent & SourcePriceAppreciation
Nov 3, 2022

Sold

AMLS #2473787

$1,260,000
Nov 3, 2022

Sold

TRIANGLEMLS #2473787

$1,260,000
Nov 3, 2022

Sold

TRIANGLEMLS #2473787

$1,260,000
DateEvent & SourcePrice
11/03/2022

Sold

AMLS #2473787

$1,260,000
11/03/2022

Sold

TRIANGLEMLS #2473787

$1,260,000
11/03/2022

Sold

TRIANGLEMLS #2473787

$1,260,000

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

Public Records for 409 Gardner Street

Taxable ValueLand$450,000Additions$758,227Total$1,208,227
Tax Record2025$10,657 ($888 / month)
Home Facts
Total Finished SqFt5,455 SqFtAbove Grade Finished SqFt5,455 SqFtStories1Lot Size17,424 SqFtStyleMulti-Family Res (5+ Units)Year Built1930Year Renovated2009ZoningR-10CountyWAKEAPN0794.16-73-7511 0003821

Schools near 409 Gardner 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 13
Rating
School
Distance
Olds Elementary
PublicPK to 5

Martin Middle
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Women'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 Deaton Investment Real Estate

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