Sold
Last Sold Price
8 beds3,180 sqft$162/sqft
4724 Hoyle Dr, Raleigh, NC 27604
Multi FamilyProperty Type
0.44 acresLot Size
1982Year Built
$162/sq ftPrice per sq ft

Description

Located in Northeast Raleigh, this offering features a one-story quadraplex. Residents are within five minutes of multiple dining, retail, entertainment and employment options as well as Duke Raleigh Hospital. All units have two-bedroom and one-bathroom floorplans with 795 square feet. There is plenty of value to be added and rent growth to realize. The units need work and are currently below market rents. Renovated two-bedroom units of similar size in the neighborhood are renting for $1,300-$1,400...Located in Northeast Raleigh, this offering features a one-story quadraplex. Residents are within five minutes of multiple dining, retail, entertainment and employment options as well as Duke Raleigh Hospital. All units have two-bedroom and one-bathroom floorplans with 795 square feet. There is plenty of value to be added and rent growth to realize. The units need work and are currently below market rents. Renovated two-bedroom units of similar size in the neighborhood are renting for $1,300-$1,400 per month. Tenants pay their own utilities. Driveway is shared with the adjacent quad which is also for sale.
  • Listed by: Reef Challance Ivey IV 919.995.3111 Reef@Deaton.com Brokerage DRE #C15067 • Deaton Investment Real Estate
  • Listed by: Thomas Furlow 919.412.3913 tfurlow@deaton.com Brokerage DRE #C15067 • Deaton Investment Real Estate
Listing closed: 01/09/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10056420

Location

Listing Courtesy of Deaton Investment Real Estate

Sold By Deaton Investment Real Estate

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Payment Calculator

$3,028 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,664

Property Taxes

$365

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4724 Hoyle Drive

Property Details
  • Taxes: $4,374 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Wake County
  • Subdivision: Pepperdine
Building Information
  • Year Built: 1982
  • Lot Size: 0.44 AC / 19,166 SF
Summary
Location and General Information
  • Subdivision Name: Pepperdine
  • Latitude: 35.84483
  • Longitude: -78.591997
Taxes and HOA Information
  • Tax Annual Amount: $4,373.69
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 6
  • Has Restrictive Covenants: No
Contract Information
  • Lease Expiration Date: 2024-10-31
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
Parking
  • Open Parking: No
  • Parking Features: Off Street, Parking Lot
Property
Lot Information
  • Building Area Total: 3180.0
  • Total Other Area Sq Ft: 0.0
  • Parcel Number: 1726029636
  • Sold PriceList Price: 1.05
Property and Assessments
  • New Construction: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Masonite
  • Foundation Details: Brick/Mortar
  • Roof: Shingle
  • New Construction Type: Masonite
Interior Features
  • Levels: One
  • Flooring: Carpet, Laminate, Vinyl
  • Cooling: Heat Pump
  • Has Cooling: Yes
  • Heating: Heat Pump
  • Has Heating: Yes
Unit Information
Unit 1
  • Baths Total: 1.0
  • Beds Total: 2.0
  • Above Grade Finished Area: 795.0
Unit 2
  • Baths Total: 1.0
  • Actual Rent: $900.00
  • Beds Total: 2.0
  • Above Grade Finished Area: 795.0
Unit 3
  • Baths Total: 1.0
  • Actual Rent: $1,200.00
  • Beds Total: 2.0
  • Above Grade Finished Area: 795.0
Unit 4
  • Baths Total: 1.0
  • Actual Rent: $900.00
  • Beds Total: 2.0
  • Above Grade Finished Area: 795.0
Rental
Rental Information
  • Lease Term: Other

Property History for 4724 Hoyle Drive

DateEvent & SourcePriceAppreciation
Jan 9, 2025

Sold

Doorify MLS (fka Triangle MLS) #10056420

$515,500
Oct 10, 2024

Pending

Doorify MLS (fka Triangle MLS) #10056420

Oct 4, 2024

Listed (Active)

Doorify MLS (fka Triangle MLS) #10056420

$490,000
DateEvent & SourcePrice
01/09/2025

Sold

Doorify MLS (fka Triangle MLS) #10056420

$515,500
10/10/2024

Pending

Doorify MLS (fka Triangle MLS) #10056420

10/04/2024

Listed (Active)

Doorify MLS (fka Triangle MLS) #10056420

$490,000

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

Public Records for 4724 Hoyle Drive

Taxable ValueLand$150,000Additions$344,380Total$494,380
Tax Record2025$4,391 ($366 / month)
Home Facts
Total Finished SqFt3,136 SqFtAbove Grade Finished SqFt3,136 SqFtStories1Lot Size19,166 SqFtStyleQuadraplexYear Built1982Year Renovated1987ZoningRX-3CountyWAKEAPN1726.13-02-9636 0123933

Schools near 4724 Hoyle Drive

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Lead Mine Elementary
PublicK 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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Listing Courtesy of Deaton Investment Real Estate

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