4632 Kilcullen Dr

Raleigh, NC 27604

$899,950
Price
8
Beds
4,192 Sq. Ft.
$215 / Sq. Ft.
4,192
Sq. Ft.
$215
per Sq. Ft.
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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. Two units are currently vacant, 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. 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.
  1. Listed by Myron Von Raesfeld • Parker James Properties LLC

Property Details for 4632 Kilcullen Drive

View
None
View
No
Waterfront
No
Showings Expected to Begin
05-11-2026
Subdivision
Pepperdine
LISTING UPDATED: 06/17/2026 07:04 PM

Property Details for 4632 Kilcullen Drive

StatusActive
MLS #10163045
Days on Market52
Taxes$5,204 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1983
Lot Size0.34 AC / 14,810 SF
CountyWake County
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Location

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

Stories2Residences4Year Built1983Building Size-Lot Size0.34 AC / 14,810 SF

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$4,918 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,485

Property Taxes

$434

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4632 Kilcullen Drive

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
  • City Limits YN: Yes
  • Lot Number: 18
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2026-06-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
Parking
  • Open Parking: Yes
  • Parking Features: Asphalt, Assigned
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 4192.0
  • Lot Features: Corner Lot, Few Trees, Landscaped
  • Total Other Area Sq Ft: 0
  • Number Of Buildings: 1
  • Other Structures: None
  • Parcel Number: 172617027085000 0128088
  • Structure Type: Multi Family, Quadruplex
Property and Assessments
  • New Construction: No
  • Photos Count: 22
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Blown-In Insulation, Frame, Masonite
  • Fencing: None
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch, Porch
  • Pool Features: None
  • Pool Private: No
  • Roof: Composition
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • New Construction Type: Blown-In Insulation, Frame, Masonite, Multi Family, Quadruplex
Interior Features
  • Levels: Bi-Level, Two
  • Stories: 2
  • Fireplace Features: Decorative, Living Room, Metal
  • Fireplace Y N: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet, Vinyl
  • Door Features: French Doors
  • Windows Treatment: Blinds, Double Pane Windows, Screens
  • Cooling: Central Air, Electric, Exhaust Fan, Separate Meters
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Refrigerator
  • Laundry Features: In Unit, Laundry Closet, Washer Hookup
  • Interior Features: Bathtub/Shower Combination, Granite Counters
  • Spa: No
  • Equipment Appliances: Dishwasher, Electric Oven, Electric Water Heater, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Refrigerator
  • Interior: Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected, Asphalt, Assigned, Blown-In Insulation, Frame, Masonite, In Unit, Laundry Closet, Washer Hookup, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Equipment: Dishwasher, Electric Oven, Electric Water Heater, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Refrigerator, In Unit, Laundry Closet, Washer Hookup, Asphalt, Assigned
  • Additional Equipment: None
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Month To Month
  • TenantPays: All Utilities, Cable TV, Gas, Hot Water, Trash Collection
Units Information
Units Details
  • Number Of Units Month To Month: 2.0
Unit One
  • Unit One: Actual Rent: 1450.0
  • Unit One: Baths Total: 2.0
  • Unit One: Beds Total: 2.0
  • Unit One: Below Grade Finished Area: 0.0
  • Unit One: Dishwasher: true
  • Unit One: Disposal: true
  • Unit One: Garage Attached YN: false
  • Unit One: Kitchen: true
  • Unit One: Levels: Two
  • Unit One: Living Room: true
  • Unit One: Porch: true
  • Unit One: Range: true
  • Unit One: Refrigerator: true
  • Unit One: Unit Type Description: Unit A has just been completely redone. All new floor, cabinets, shower, paint and windows. Newer HVAC system
  • Unit One: Unit Type Pro Forma: 1450
  • Unit One: Unit Type: 2 Bedroom
  • Unit One: Units Total: 4.0
  • Unit One: Utility Room: true
  • Unit One: WasherDryer Hookups: true
Unit Two
  • Unit Two: Actual Rent: 1395.0
  • Unit Two: Baths Total: 2.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Dishwasher: true
  • Unit Two: Disposal: true
  • Unit Two: Garage Attached YN: false
  • Unit Two: Kitchen: true
  • Unit Two: Levels: Two
  • Unit Two: Living Room: true
  • Unit Two: Porch: true
  • Unit Two: Range: true
  • Unit Two: Refrigerator: true
  • Unit Two: Unit Type Description: Unit B has been remodeled within the last 5 years. Very nice unit and currently rented.
  • Unit Two: Unit Type: 2 Bedroom
  • Unit Two: Utility Room: true
  • Unit Two: WasherDryer Hookups: true
Unit Three
  • Unit Three: Actual Rent: 1395.0
  • Unit Three: Baths Total: 2.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Dishwasher: true
  • Unit Three: Disposal: true
  • Unit Three: Kitchen: true
  • Unit Three: Living Room: true
  • Unit Three: Porch: true
  • Unit Three: Range: true
  • Unit Three: Refrigerator: true
  • Unit Three: Unit Type Description: Brand new HVAC system just installed. Unit was remodeled within the last 5 years.
  • Unit Three: Unit Type: 2 Bedroom
  • Unit Three: Utility Room: true
  • Unit Three: WasherDryer Hookups: true
Unit Four
  • Unit Four: Baths Total: 2.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Dishwasher: true
  • Unit Four: Disposal: true
  • Unit Four: Garage Attached YN: false
  • Unit Four: Kitchen: true
  • Unit Four: Levels: Two
  • Unit Four: Living Room: true
  • Unit Four: Porch: true
  • Unit Four: Range: true
  • Unit Four: Refrigerator: true
  • Unit Four: Unit Type Description: This unit has all new flooring, paint and appliances. Currently vacant and being advertised for a new tenant at the new rental rate of $1,500 per month.
  • Unit Four: Unit Type Total Rent: 1500.0
  • Unit Four: Unit Type: 2 Bedroom
  • Unit Four: Utility Room: true
  • Unit Four: WasherDryer Hookups: true

Property History for 4632 Kilcullen Drive

DateEvent & SourcePriceAppreciation
Apr 26, 2026

Listed (Active)

TRIANGLEMLS #10163045

$899,950—
Aug 8, 2019

Sold (Public Record)

Public Record #652686422

$440,000

+19.1% / yr

Nov 7, 2018

Sold

TRIANGLEMLS #2211812

$383,000—
DateEvent & SourcePrice
04/26/2026

Listed (Active)

TRIANGLEMLS #10163045

$899,950
08/08/2019

Sold (Public Record)

Public Record #652686422

$440,000

+19.1% / yr

11/07/2018

Sold

TRIANGLEMLS #2211812

$383,000

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 April 26, 2026 by Parker James Properties LLC, it's currently listed at $899,950. It has been on the market for a total of 52 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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