Sold
Last Sold Price
4541 Hargrove Rd, Raleigh, NC 27604
Multi FamilyProperty Type
0.42 acresLot Size
1982Year Built

Description

Investment Property in Prime Raleigh Location w/ POSITIVE CASH FLOW! Single story Quad with 2 BD/1BA in each of the units. Recently updated interiors bringing in over $4,000/month in income w/potential for more w/ 0% vacancy rate! Two leases end April 2022 & 3rd ends May 2022. Fourth unit is currently month to month. Tenants pay their own utilities. Many updates throughout!Investment Property in Prime Raleigh Location w/ POSITIVE CASH FLOW! Single story Quad with 2 BD/1BA in each of the units. Recently updated interiors bringing in over $4,000/month in income w/potential for more w/ 0% vacancy rate! Two leases end April 2022 & 3rd ends May 2022. Fourth unit is currently month to month. Tenants pay their own utilities. Many updates throughout!
  • Listed by: Jordan A Hammond • Redfin Corporation
Listing closed: 02/18/2022 12:00 AM • Source: TRIANGLEMLS, MLS#: 2425516

Recent comparable sales

Median sold price

$600,000

Avg days on market

54

Sale-to-list ratio

85.8%

Raleigh, NC

9 comparable properties found

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1/5
1

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a view of a green yard
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$600,000 | 3809 Frazier Drive, Unit 101 & 103, Raleigh, NC 27610
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Location

Listing Courtesy of Redfin Corporation

Sold By Fathom Realty NC, LLC

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Payment Calculator

$3,355 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,111

Property Taxes

$244

HOA Dues

$0

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Property Information for 4541 Hargrove Road

Property Details
  • Taxes: $2,926 / year
  • MLS Type: Residential Income / Single Family Residence
  • County: Wake County
  • Subdivision: Pepperdine
Building Information
  • Residences: 4
  • Year Built: 1982
  • Lot Size: 0.42 AC / 18,295 SF
Summary
Location and General Information
  • Directions: From E Millbrook Rd, left onto Hargrove Rd.
  • Subdivision Name: Pepperdine
  • Latitude: 35.845117
  • Longitude: -78.591292
Taxes and HOA Information
  • Tax Lot: 12
  • Tax Annual Amount: $2,926.00
School Information
  • Elementary School: Wake - Lynn Road
  • Middle Or Junior School: Wake - Carroll
  • High School: Wake - Sanderson
Parking
  • Parking Features: 1 space/Unit
  • Carport: No
  • Garage: No
Property
Lot Information
  • Farm Land Area Units: Square Feet
Property and Assessments
  • New Construction: No
  • Photos Count: 24
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: City Sewer
  • Water Source: City Water
  • Water_Sewer: City Water, City Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Masonite
  • New Construction Type: Masonite
Interior Features
  • Levels: Unit 1/1 Sty, Unit 2/1Sty, Unit 3/1 Sty, Unit 4/1Sty
  • Basement Description: Crawl Space
  • Fireplace Y N: No
  • Flooring: Carpet
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Electric
  • Heating?: Yes
  • Interior Features: 1 Bath, 2 Bedroom, Kitchen, Living Room
  • Interior: 1 space/Unit, Masonite
  • Equipment: 1 space/Unit
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • For Sale YN: No
  • Property Class Name: MultiFamily

Property History for 4541 Hargrove Road

DateEvent & SourcePriceAppreciation
Feb 18, 2022

Sold (Public Record)

Public Record #1483832424

$612,000

+26.3% / yr

Feb 18, 2022

Sold

TRIANGLEMLS #2425516

$612,000
Feb 18, 2022

Pending

TRIANGLEMLS #2425516

DateEvent & SourcePrice
02/18/2022

Sold (Public Record)

Public Record #1483832424

$612,000

+26.3% / yr

02/18/2022

Sold

TRIANGLEMLS #2425516

$612,000
02/18/2022

Pending

TRIANGLEMLS #2425516

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

Public Records for 4541 Hargrove Road

Taxable ValueLand$150,000Additions$402,863Total$552,863
Tax Record2025$4,902 ($408 / month)
Home Facts
Total Finished SqFt3,136 SqFtAbove Grade Finished SqFt3,136 SqFtStories1Lot Size18,295 SqFtStyleQuadraplexYear Built1982Year Renovated2002ZoningRX-3CountyWAKEAPN1726.13-12-1724 0123939

Schools near 4541 Hargrove Road

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 8
Rating
School
Distance
Lynn Road Elementary
PublicPK to 5

Carroll Middle
Public6 to 8

Sanderson 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 4541 Hargrove Road, Raleigh, NC 27604
$612,000
18,295
$286,000
3,180
18,295
$230,000
4
3,136
18,295
4
3,136
16,553
$208,000
16,988
$208,000
4
3,136
16,988

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 Redfin Corporation

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.