5308 Wayne Street

Closed 2/26/25
Closed 2/26/25
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Sold
Last Sold Price
$901,500
8 beds4,906 sqft
5308 Wayne St, Raleigh, NC 27606
Multi FamilyProperty Type
0.41 acresLot Size
1984Year Built
$184/sq ftPrice per sq ft
8 carsParking Spaces

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!
  • Listed by: Diane Murdock 919.368.3077 Diane@raleighinvestment.com Brokerage DRE #C15280 • Raleigh Investment Real Estate
  • Listed by: Scott Snyder 919.271.0284 scott.rire@gmail.com Brokerage DRE #C15280 • Raleigh Investment Real Estate
Listing closed: 02/26/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10074380

Recent comparable sales

Median sold price

$750,000

Avg days on market

53

Sale-to-list ratio

90.8%

Raleigh, NC

9 comparable properties found

$610,000 | 5335 Wayne Street, Unit A B C D, Raleigh, NC 27606
1/4
1

$610,000

Sold 02/21/25

8
Bedrooms
3,968
Square Feet
0.56
Acres

5335 Wayne Street, Unit A B C D, Raleigh, NC 27606

$600,000 | 6128 Spice Ridge Lane, Raleigh, NC 27606
1/14
2

$600,000

Sold 08/15/26

8
Bedrooms
3,458
Square Feet
0.38
Acres

6128 Spice Ridge Lane, Raleigh, NC 27606

$820,000 | 5375 Wayne Street, Raleigh, NC 27606
1/36
3

$820,000

Sold 01/08/25

2
Bedrooms
4,002
Square Feet
0.41
Acres

5375 Wayne Street, Raleigh, NC 27606

$1,000,000 | 1612 Boyer Street, Raleigh, NC 27610
1/38
4

$1,000,000

Sold 03/23/26

8
Bedrooms
3,905
Square Feet
0.21
Acres

1612 Boyer Street, Raleigh, NC 27610

$750,000 | 2210 Hope Street, Raleigh, NC 27607
1/5
5

$750,000

Sold 11/12/25

8
Bedrooms
4,061
Square Feet
0.16
Acres

2210 Hope Street, Raleigh, NC 27607

$1,115,000 | 4130 Western Boulevard, Raleigh, NC 27606
1/28
6

$1,115,000

Sold 10/15/24

10
Bedrooms
5,503
Square Feet
0.3
Acres

4130 Western Boulevard, Raleigh, NC 27606

$767,500 | 4701 Brockton Drive, Unit A B C D, Raleigh, NC 27604
1/18
7

$767,500

Sold 08/11/26

8
Bedrooms
3,665
Square Feet
0.85
Acres

4701 Brockton Drive, Unit A B C D, Raleigh, NC 27604

$500,000 | 123 Star Street, Raleigh, NC 27610
1/12
8

$500,000

Sold 12/30/25

8
Bedrooms
4,698
Square Feet
0.22
Acres

123 Star Street, Raleigh, NC 27610

$545,000 | 850 Athens Drive, Raleigh, NC 27606
1/33
9

$545,000

Sold 08/05/26

8
Bedrooms
2,727
Square Feet
0.55
Acres

850 Athens Drive, Raleigh, NC 27606

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Location

Listing Courtesy of Raleigh Investment Real Estate

Sold By EXP Realty LLC

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Principal and Interest

$4,659

Property Taxes

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HOA Dues

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Property Information for 5308 Wayne Street

Property Details
  • Taxes: $6,149 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Wake County
  • Waterfront: No
  • Subdivision: Wayneridge
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1984
  • Lot Size: 0.41 AC / 17,860 SF
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
  • Has City Limits: Yes
  • Lot Number: 18
  • Has Restrictive Covenants: Yes
Contract Information
  • Has Comp Sale: No
  • Lease Expiration Date: 2025-07-07
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
  • Due Diligence Expiration Date: 2025-02-14
Parking
  • Open Parking: No
  • Parking Features: Alley Access
  • Carport: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 4906.0
  • Total Other Area Sq Ft: 0.0
  • Number Of Buildings: 1
  • Parcel Number: 0783116624
  • Structure Type: Quadruplex
  • Sold PriceList Price: 1.02
Property and Assessments
  • New Construction: No
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Exterior Features: Rain Gutters
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Front Porch
  • Roof: Architectural Shingle
  • New Construction Type: Quadruplex, Vinyl Siding
Interior Features
  • Levels: Two
  • Stories: 2
  • Has Fireplace: No
  • Flooring: Carpet, Linoleum, Luxury Vinyl
  • Windows Treatment: Blinds
  • Cooling: Central Air, Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Heat Pump
  • Has Heating: Yes
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Laundry Features: Washer Hookup
  • Interior Features: Ceiling Fan(s), Dining L
  • Spa: No
Multi Family
Multi Family Information
  • Number Of Units Leased: 4
  • Total Units: 4
Unit Information
Unit 1
  • Baths Total: 25.0
  • Actual Rent: $1,335.00
  • Beds Total: 2.0
  • Type: 2 Bedroom
  • Levels: Two
  • Above Grade Finished Area: 1208.0
  • Living Area: 1208.0
Unit 2
  • Baths Total: 25.0
  • Actual Rent: $1,325.00
  • Beds Total: 2.0
  • Type: 2 Bedroom
  • Levels: Two
  • Above Grade Finished Area: 1226.0
  • Living Area: 1226.0
Unit 3
  • Baths Total: 25.0
  • Actual Rent: $1,300.00
  • Beds Total: 2.0
  • Type: 2 Bedroom
  • Levels: Two
  • Above Grade Finished Area: 1246.0
  • Living Area: 1246.0
Unit 4
  • Baths Total: 25.0
  • Actual Rent: $1,025.00
  • Beds Total: 2.0
  • Type: 2 Bedroom
  • Levels: Two
  • Above Grade Finished Area: 1227.0
  • Living Area: 1227.0
Rental
Rental Information
  • Lease Term: 6 Months
  • TenantPays: All Utilities

Property History for 5308 Wayne Street

DateEvent & SourcePriceAppreciation
Feb 26, 2025

Sold

Doorify MLS (fka Triangle MLS) #10074380

$901,500—
Feb 25, 2025

Sold (Public Record)

Public Record #1551928149

$901,500

+7.1% / yr

Feb 10, 2025

Pending

Doorify MLS (fka Triangle MLS) #10074380

—
DateEvent & SourcePrice
02/26/2025

Sold

Doorify MLS (fka Triangle MLS) #10074380

$901,500
02/25/2025

Sold (Public Record)

Public Record #1551928149

$901,500

+7.1% / yr

02/10/2025

Pending

Doorify MLS (fka Triangle MLS) #10074380

—

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
Dillard Drive Elementary
Public - PK to 5
Dillard Drive Middle
Public - 6 to 8
Athens Drive High
Public - 9 to 12
SCORE Academy
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
17,860
1408 Highview Court, Raleigh, NC 27606
$140,000
–
4
1,815
9,148
5300 Wayne Street, Raleigh, NC 27606
–
–
4
3,930
17,860
5312 Wayne Street, Raleigh, NC 27606
$170,000
–
4
2,080
10,454
1405 Highview Court, Raleigh, NC 27606
$648,500
6
2,899
15,246
5340 Wayne Street, Raleigh, NC 27606
$290,000
–
4
3,892
17,860

Explore Nearby Homes

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.