Last Sold Price
8 beds4,906 sqft$184/sqft
5308 Wayne St, Raleigh, NC 27606

Description

Excellent townhome style 4-plex opportunity in Southwest Raleigh! NEW VINYL SIDING, ROOF AND GUTTERS in 2024! 2BD/2.5BA apartments feature an open floor plan; 2 spacious bedrooms and a storage unit. All apartments are occupied: Apt A -$1335/mo - expires 07/07/25;; Apt B - $1325/mo - expires-11/30/25; Apt C- $1300/mo - expires 01/31/26; Apt D - $1025-04/30/25. There is a common water meter and tenants reimburse a monthly amount for this utility service. Great location behind Crossroads Plaza shopping...Excellent townhome style 4-plex opportunity in Southwest Raleigh! NEW VINYL SIDING, ROOF AND GUTTERS in 2024! 2BD/2.5BA apartments feature an open floor plan; 2 spacious bedrooms and a storage unit. All apartments are occupied: Apt A -$1335/mo - expires 07/07/25;; Apt B - $1325/mo - expires-11/30/25; Apt C- $1300/mo - expires 01/31/26; Apt D - $1025-04/30/25. There is a common water meter and tenants reimburse a monthly amount for this utility service. Great location behind Crossroads Plaza shopping center and very convenient to I-440 and downtown Raleigh!
LISTING CLOSED: 02/27/2025 10:20 AM

  1. Listed by Diane Murdock • Raleigh Investment Real Estate
  2. Listed by Scott Snyder • Raleigh Investment Real Estate

Property Details for 5308 Wayne Street

Status
MLS #
10074380
Taxes
$6,149 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Quadruplex
Year Built
1984
Lot Size
0.41 AC / 17,859 SF
View
Yes
Waterfront
No
Subdivision
Wayneridge

Location

Listing Courtesy of Raleigh Investment Real Estate

Sold By EXP Realty LLC

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Building Information for 5308 Wayne Street

Stories2Residences4Year Built1984Building Size-Lot Size0.41 AC / 17,859 SF

Payment Calculator

$5,095 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,582

Property Taxes

$512

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5308 Wayne Street

Summary
Location and General Information
  • Directions: Please use GPS directions to 5308 Wayne St
  • Subdivision Name: Wayneridge
  • Latitude: 35.759978
  • Longitude: -78.724894
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $6,149.08
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 18
  • Restrictive Covenants YN: Yes
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2025-07-07
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Due Diligence Expiration Date: 2025-02-14
Parking
  • Open Parking: No
  • Parking Features: Alley Access
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 4906.0
  • Architectural Style: Transitional
  • Total Other Area Sq Ft: 0
  • Number Of Buildings: 1
  • Parcel Number: 0783116624
  • Structure Type: Quadruplex
  • Sold PriceList Price: 1.02
Property and Assessments
  • New Construction: No
  • Photos Count: 29
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Rain Gutters
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding, Quadruplex
Interior Features
  • Levels: Two
  • Stories: 2
  • Fireplace Y N: No
  • Flooring: Carpet, Linoleum, Vinyl
  • Windows Treatment: Blinds
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling?: Yes
  • Heating: Heat Pump
  • Heating?: Yes
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Laundry Features: Washer Hookup
  • Interior Features: Ceiling Fan(s), Dining L
  • Spa: No
  • Equipment Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior: Electricity Connected, Water Connected, Alley Access, Vinyl Siding, Washer Hookup
  • Equipment: Dishwasher, Electric Range, Refrigerator, Washer Hookup, Alley Access
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 6 Months
  • TenantPays: All Utilities
Units Information
Units Details
  • Number Of Units Month To Month: 0.0
Unit One
  • Unit One: Above Grade Finished Area: 1208.0
  • Unit One: Actual Rent: 1335.0
  • Unit One: Baths Total: 25.0
  • Unit One: Beds Total: 2.0
  • Unit One: Levels: Two
  • Unit One: Living Area: 1208.0
  • Unit One: Unit Type: 2 Bedroom
Unit Two
  • Unit Two: Above Grade Finished Area: 1226.0
  • Unit Two: Actual Rent: 1325.0
  • Unit Two: Baths Total: 25.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Levels: Two
  • Unit Two: Living Area: 1226.0
  • Unit Two: Unit Type: 2 Bedroom
Unit Three
  • Unit Three: Above Grade Finished Area: 1246.0
  • Unit Three: Actual Rent: 1300.0
  • Unit Three: Baths Total: 25.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Levels: Two
  • Unit Three: Living Area: 1246.0
  • Unit Three: Unit Type: 2 Bedroom
Unit Four
  • Unit Four: Above Grade Finished Area: 1227.0
  • Unit Four: Actual Rent: 1025.0
  • Unit Four: Baths Total: 25.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Levels: Two
  • Unit Four: Living Area: 1227.0
  • Unit Four: Unit Type: 2 Bedroom

Property History for 5308 Wayne Street

DateEvent & SourcePriceAppreciation
Feb 27, 2025

Sold

TRIANGLEMLS #10074380

Feb 27, 2025

Pending

TRIANGLEMLS #10074380

Feb 26, 2025

Sold

TRIANGLEMLS #10074380

$901,500
DateEvent & SourcePrice
02/27/2025

Sold

TRIANGLEMLS #10074380

02/27/2025

Pending

TRIANGLEMLS #10074380

02/26/2025

Sold

TRIANGLEMLS #10074380

$901,500

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

Public Records for 5308 Wayne Street

Taxable ValueLand$180,000Additions$518,809Total$698,809
Tax Record2025$6,174 ($515 / month)
Home Facts
Total Finished SqFt4,768 SqFtAbove Grade Finished SqFt4,768 SqFtStories2Lot Size17,860 SqFtStyleQuadraplexYear Built1984ZoningR-10CountyWAKEAPN0783.17-11-6624 0128856Fireplace TypeHas Fireplace

Schools near 5308 Wayne 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 - 9 to 12
Rating
School
Distance
Dillard Drive Elementary
PublicPK to 5

Dillard Drive Middle
Public6 to 8

Athens Drive High
Public9 to 12

SCORE Academy
Public9 to 12

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: 5308 Wayne Street, Raleigh, NC 27606
$901,500
8
4,906
17,859
$164,000
2,535
9,583
$284,000
$140,000
4
1,815
9,148
$140,000
9,147
4
3,930
17,860

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 Raleigh Investment Real Estate

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.