4632 Kilcullen Drive

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Unit D Living area
Unit D open Living room/ Kitchen area
Unit D New carpet
Unit D Bedroom 1
D private toilet and sink
Unit D Jack and Jill tub/shower
Unit D
Unit D bedroom 2
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Bedroom 2 private sink and toilet area.
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Unit D Kitchen
Unit A New HVAC
Unit C New HVAC System
Unit A kitchen bar
Unit A eating area
Unit A Living Room
Unit A LR
Unit A Kitchen
Unit A half Bath
Unit A stairs with New carpet
Unit A bedroom 1
Unit A Jack and Jill tub/Shower
Bedroom 1 private Toilet and sink
Unit A bedroom 2
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Unit A Bedroom 2 Private sink and toilet
Unit A bedroom 2
Active
$799,950
8 beds4,192 sqft$191/sqft
4632 Kilcullen Dr, Raleigh, NC 27604
Est: $4,500/moGet pre-approved
Multi FamilyProperty Type
0.34 acresLot Size
1983Year Built
$191/sq ftPrice per sq ft
8 carsParking Spaces

Description

Updated Quadruplex in Prime Raleigh Location with Strong Cash Flow Potential Outstanding investment opportunity in the heart of Raleigh. This well maintained quadruplex sits on a desirable corner lot at Kilcullen and Hoyle Dr., offering excellent access to major employers, shopping, parks, and transit corridors. Its central location supports consistent tenant demand and long term stability. All units have been thoughtfully updated or remodeled, providing a clean and modern living experience. Recent...Updated Quadruplex in Prime Raleigh Location with Strong Cash Flow Potential Outstanding investment opportunity in the heart of Raleigh. This well maintained quadruplex sits on a desirable corner lot at Kilcullen and Hoyle Dr., offering excellent access to major employers, shopping, parks, and transit corridors. Its central location supports consistent tenant demand and long term stability. All units have been thoughtfully updated or remodeled, providing a clean and modern living experience. Recent improvements include new windows throughout the building within the last five years, boosting energy efficiency and reducing long term operating costs. Ground level of each unit features durable LVP flooring, ideal for high traffic rental use. In addition each unit has 2 assigned off street parking spaces. Each unit offers a highly functional layout with two bedrooms, each with its own private bathroom area with toilet and sink. The bedrooms share a Jack and Jill shower/tub, a layout that maximizes privacy while keeping maintenance simple--an appealing feature for renters and a cost efficient setup for owners. Units A and D have just been rented at market rates, and both vacant units have been remodeled with new floor, paint, appliances and cabinets offering flexibility for an owner occupant or the ability to place a new tenant at market rent, enhancing immediate cash flow potential. The remaining units are tenant occupied; however, Unit B will be vacating shortly, and the unit will be updated with new carpet and paint. Kitchen and baths have already been remodeled. Tenants pay their own utilities, including garbage service, which helps keep operating expenses predictable and favorable for the owner. Location Benefits: This property is positioned in a high demand area of Raleigh, close to major employment hubs, universities, medical centers, and retail corridors. Raleigh's strong population growth and rental demand contribute to stable occupancy and competitive rents. The corner lot placement also provides easy access and visibility, adding long term value for both renters and investors. With its updates, efficient layout, tenant paid utilities, and prime location, this property is a compelling addition to any rental portfolio--designed for durability, consistent occupancy, and strong income performance. Listing agent will be selling three additional units in the area. All units are in similar condition to 4632 Kilcullen and will be listed after 4632 Sells. Owners will consider selling all properties together.
131 days on Market
  • Listed by: Myron Von Raesfeld 408.472.4025 myron4homes@gmail.com Brokerage DRE #C35624 • Parker James Properties LLC
Last updated: 09/01/2026 11:59 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10163045

Location

Listing Courtesy of Parker James Properties LLC
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Property Information for 4632 Kilcullen Drive

Property Details
  • Taxes: $5,204 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Wake County
  • View: None
  • Zoning Description: RX-3
  • Waterfront: No
  • Subdivision: Pepperdine
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1983
  • Lot Size: 0.34 AC / 14,810 SF
Summary
Location and General Information
  • Zoning: RX-3
  • Subdivision Name: Pepperdine
  • Latitude: 35.843161
  • Longitude: -78.592457
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $5,204.05
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 18
  • Has Restrictive Covenants: No
Contract Information
  • Has Comp Sale: No
  • Lease Expiration Date: 2026-06-30
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
Parking
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
  • Parking Features: Asphalt, Assigned
  • Carport: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 4192.0
  • Lot Features: Corner Lot, Few Trees, Landscaped
  • Total Other Area Sq Ft: 0.0
  • Number Of Buildings: 1
  • Other Structures: None
  • Parcel Number: 172617027085000 0128088
  • Structure Type: Multi Family, Quadruplex
Property and Assessments
  • New Construction: No
  • Common Walls: 2+ Common Walls, End Unit
  • Community Features: None
  • Year Built Effective: 1983
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: None
  • Construction Materials: Blown-In Insulation, Frame, Masonite
  • Fencing: None
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch, Porch
  • Pool Features: None
  • Roof: Composition
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • New Construction Type: Multi Family, Quadruplex, Blown-In Insulation, Frame, Masonite
Interior Features
  • Levels: Bi-Level, Two
  • Stories: 2
  • Fireplace Features: Decorative, Living Room, Metal
  • Has Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet, Luxury Vinyl
  • Door Features: French Doors
  • Windows Treatment: Blinds, Double Pane Windows, Screens
  • Cooling: Central Air, Electric, Exhaust Fan, Separate Meters
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Appliances: Dishwasher, Exhaust Fan, Electric Oven, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Refrigerator
  • Laundry Features: Laundry Closet, In Unit, Washer Hookup
  • Interior Features: Granite Counters, Bathtub/Shower Combination
  • Spa: No
  • Additional Equipment: None
Multi Family
Multi Family Information
  • Number Of Units Leased: 2
  • Total Units: 4
Unit Information
Unit 1
  • Baths Total: 2.0
  • Actual Rent: $1,480.00
  • Beds Total: 2.0
  • Description: Unit A has just been completely redone. All new floor, cabinets, shower, paint and windows. Newer HVAC system
  • Units Total: 4
  • Type: 2 Bedroom
  • Levels: Two
  • Has Garage Attached: No
  • Features: Dishwasher, Disposal, Kitchen, Living Room, Porch, Range, Refrigerator, Utility Room, Washer/Dryer Hookups
Unit 2
  • Baths Total: 2.0
  • Beds Total: 2.0
  • Description: Tenant just moved out. New carpet Flooring and paint being done now. Will lease it for $1,500 after improvements.
  • Type: 2 Bedroom
  • Levels: Two
  • Has Garage Attached: No
  • Features: Dishwasher, Disposal, Kitchen, Living Room, Porch, Range, Refrigerator, Utility Room, Washer/Dryer Hookups
Unit 3
  • Baths Total: 2.0
  • Actual Rent: $1,395.00
  • Beds Total: 2.0
  • Description: Brand new HVAC system just installed. Unit was remodeled within the last 5 years.
  • Type: 2 Bedroom
  • Features: Dishwasher, Disposal, Kitchen, Living Room, Porch, Range, Refrigerator, Utility Room, Washer/Dryer Hookups
Unit 4
  • Baths Total: 2.0
  • Actual Rent: $1,500.00
  • Beds Total: 2.0
  • Total Rent: $1,500.00
  • Description: This unit has all new flooring, paint and appliances. New tenant now moving in to nicely updated unit. New rent is $1,500 per month.
  • Units Total: 4
  • Type: 2 Bedroom
  • Levels: Two
  • Has Garage Attached: No
  • Features: Dishwasher, Disposal, Kitchen, Living Room, Porch, Range, Refrigerator, Utility Room, Washer/Dryer Hookups
Rental
Rental Information
  • Lease Term: Month To Month
  • TenantPays: All Utilities, Cable TV, Gas, Hot Water, Trash Collection

Property History for 4632 Kilcullen Drive

DateEvent & SourcePriceAppreciation
Aug 4, 2026

Price Change

Doorify MLS (fka Triangle MLS) #10163045

$799,950—
May 11, 2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10163045

$899,950—
Aug 8, 2019

Sold (Public Record)

Public Record #652686422

$440,000

+19.1% / yr

DateEvent & SourcePrice
08/04/2026

Price Change

Doorify MLS (fka Triangle MLS) #10163045

$799,950
05/11/2026

Listed (Active)

Doorify MLS (fka Triangle MLS) #10163045

$899,950
08/08/2019

Sold (Public Record)

Public Record #652686422

$440,000

+19.1% / yr

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

Public Records for 4632 Kilcullen Drive

Taxable ValueLand$150,000Additions$437,553Total$587,553
Tax Record2025$5,204 ($434 / month)
Home Facts
Total Finished SqFt4,192 SqFtAbove Grade Finished SqFt4,192 SqFtStories2Lot Size14,810 SqFtStyleQuadraplexYear Built1983Year Renovated1993ZoningRX-3CountyWAKEAPN1726.17-02-7085 0128088Fireplace TypeHas Fireplace

Schools near 4632 Kilcullen Drive

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Lynn Road Elementary
Public - PK to 5
Carroll Middle
Public - 6 to 8
Sanderson High
Public - 9 to 12
River Oaks Middle
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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More information about 4632 Kilcullen Drive, Raleigh, NC 27604

4632 Kilcullen Drive is a multi-family home for sale in Raleigh, NC 27604. This property was listed for sale on May 11, 2026 by Parker James Properties LLC, it's currently listed at $799,950. It has been on the market for a total of 131 days and was last sold on August 8, 2019. This listing's school district is Wake County School District. Nearby schools include Lynn Road Elementary, Carroll Middle and Sanderson High. 4632 Kilcullen Drive is a 8-bed, 8-bath, 4,192 sqft multi-family home built in 1983.

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 Parker James Properties LLC

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