5325 Wayne Street

Closed 4/12/24

Sold

Last Sold Price

$916,000

8 beds8 baths3,990 sqft

5325 Wayne St, Raleigh, NC 27606

Multi FamilyProperty Type

0.44 acresLot Size

1984Year Built

$230/sq ftPrice per sq ft

4 carsParking Spaces

Description

Investment opportunity! Location! Location! Location! This exceptional quadruplex offers the ultimate convenience with its prime location. 4 mins to CrossRoad Plaza with Target, HomeDepot, Lowe's and tons of shops & restaurants. 10 mins drive to NCSU main & Centennial campus, 14 mins to RDU Airport. All four units have 2 sizable bedrooms (1 primary with bath) & 2 full bathrooms. Open floor plan with spacious living area. In-unit laundry next to the kitchen. Three out of four units were given major...Investment opportunity! Location! Location! Location! This exceptional quadruplex offers the ultimate convenience with its prime location. 4 mins to CrossRoad Plaza with Target, HomeDepot, Lowe's and tons of shops & restaurants. 10 mins drive to NCSU main & Centennial campus, 14 mins to RDU Airport. All four units have 2 sizable bedrooms (1 primary with bath) & 2 full bathrooms. Open floor plan with spacious living area. In-unit laundry next to the kitchen. Three out of four units were given major makeovers in 2023. All four units have new interior paint. Unit A was fully updated with brand new SS kitchen appliances, countertop, faucet, recessed lights in kitchen & living room, low maintenance LVP throughout the entire unit, popcorn ceiling removed. Unit B has brand new carpet in living room and bedroom, new bathroom vanities & fixtures, brand new dishwasher & dryer installed in 2024. Unit D has LVP throughout and new bathroom fixtures. Shared parking lot with plenty of unassigned parking spaces. Unit A is renting for $1450 until 6/30/24. Unit B is renting for $1370 until 11/30/24. Unit C is renting for $1400 until 4/30/24. No late/missed rent history. Unit D is vacant for the new owner to move in for house hacking or to rent it out for max income. Each unit's utilities are individually metered and tenants pay for their own utilities. No HOA. Please see disclosure of a survey of fence encroachments from 5323 Wayne and other disclosure in the Listing Agent Disclosures.

Listed by: Mei Mei Ngai Ngai 919.471.8000 klrw206@kw.com Brokerage DRE #C11365 • Keller Williams Preferred Realty

Listing closed: 04/12/2024 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10014991

Recent comparable sales

Median sold price

$820,000

Avg days on market

Sale-to-list ratio

96.0%

1/4

$610,000

Sold 02/21/25

8
Bedrooms: 8
Bathrooms: 3,968
Square Feet: 0.56
Acres

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

1/14

$600,000

Sold 08/15/26

8
Bedrooms: 8
Bathrooms: 3,458
Square Feet: 0.38
Acres

6128 Spice Ridge Lane, Raleigh, NC 27606

1/30

$901,500

Sold 02/26/25

8
Bedrooms: 12
Bathrooms: 4,906
Square Feet: 0.41
Acres

5308 Wayne Street, Raleigh, NC 27606

1/41

$1,000,000

Sold 04/02/26

8
Bedrooms: 8
Bathrooms: 3,740
Square Feet: Unavailable
Acres

1105 Glascock Street, Unit 101 & 102, Raleigh, NC 27610

1/38

$1,000,000

Sold 03/23/26

8
Bedrooms: 4
Bathrooms: 3,905
Square Feet: 0.21
Acres

1612 Boyer Street, Raleigh, NC 27610

1/36

$820,000

Sold 01/08/25

2
Bedrooms: 3
Bathrooms: 4,002
Square Feet: 0.41
Acres

5375 Wayne Street, Raleigh, NC 27606

1/18

$767,500

Sold 08/11/26

8
Bedrooms: 4
Bathrooms: 3,665
Square Feet: 0.85
Acres

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

1/41

$1,100,000

Sold 04/15/26

8
Bedrooms: 8
Bathrooms: 3,740
Square Feet: Unavailable
Acres

1008 Addison Place, Unit 101 & 102, Raleigh, NC 27610

1/5

$750,000

Sold 11/12/25

8
Bedrooms: 4
Bathrooms: 4,061
Square Feet: 0.16
Acres

2210 Hope Street, Raleigh, NC 27607

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Location

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$5,049 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,733

Property Taxes

$316

HOA Dues

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Property Information for 5325 Wayne Street

Property Details

Taxes: $3,786 / year
MLS Type: Residential Income / Quadruplex
County: Wake County
Zoning Description: R-10
Waterfront: No
Subdivision: Wayneridge

Building Information

Residences: 4
Year Built: 1984
Lot Size: 0.44 AC / 19,166 SF

Summary

Location and General Information

Zoning: R-10
Subdivision Name: Wayneridge

Latitude: 35.760678
Longitude: -78.724819
Road Frontage Type: City Street, Easement
Road Surface Type: Paved

Taxes and HOA Information

Association: No
Tax Annual Amount: $3,786.10

Lot Number: 5C
Has Restrictive Covenants: No

Contract Information

Lease Expiration Date: 2024-06-30
Original MLS: Triangle MLS Inc

Has Property Leased: Yes

School Information

Elementary School: Wake - Dillard Drive Elementary
Middle Or Junior School: Wake - Dillard Drive Middle

High School: Wake - Athens Drive High

Parking

Open Parking Spaces: 4.0
Open Parking: Yes

Parking Features: Additional Parking, Direct Access, Guest, No Garage, Open, Off Street, On Site, Outside, Paved, Parking Lot, Unassigned
Carport: No
Garage: No

Virtual Tour

Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=jWU8QsMNNUx&mls=1

Property

Lot Information

Building Area Total: 3990.0
Lot Features: Rolling Slope, Wooded

Total Other Area Sq Ft: 0.0
Number Of Buildings: 1
Parcel Number: 0783116867
Structure Type: Multi Family, Quadruplex
Sold PriceList Price: 1.02

Property and Assessments

New Construction: No
Senior Community: No

Property Condition: Updated/Remodeled

Utilities

Sewer: Public Sewer
Utilities: Electricity Available, Electricity Connected, Natural Gas Not Available, Sewer Connected, Water Connected, Septic Not Available

Water Source: Public

Interior and Exterior Features

Exterior Features

Construction Materials: Brick Veneer, Masonite
Exterior Features: Rain Gutters, Storage

Fencing: None
Foundation Details: Brick/Mortar, Pillar/Post/Pier
Patio And Porch Features: Deck
Pool Features: None
Roof: Shingle
New Construction Type: Multi Family, Quadruplex, Brick Veneer, Masonite

Interior Features

Levels: Bi-Level
Fireplace Features: Bedroom, Bath, Dining Room, Electric, Kitchen, Living Room, Masonry, Primary Bedroom

Has Fireplace: Yes
Fireplaces Total: 4
Flooring: Carpet, Combination, Luxury Vinyl, Vinyl
Cooling: Central Air, Multi Units
Has Cooling: Yes
Heating: Forced Air, Heat Pump
Has Heating: Yes
Appliances: Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Freezer, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Washer/Dryer Stacked
Laundry Features: Electric Dryer Hookup, Inside, In Unit, Washer Hookup
Interior Features: Entrance Foyer, Laminate Counters, Open Floorplan, Living/Dining Room Combination, Apartment/Suite, Bathtub/Shower Combination, Smooth Ceilings
Spa Features: None
Spa: No

Multi Family

Multi Family Information

Number Of Units Leased: 3
Total Units: 4

Unit Information

Unit 1

Baths Total: 2.0
Actual Rent: $1,450.00

Beds Total: 2.0
Levels: One
Living Area: 997.5
Features: Deck, Dining Room, Fireplace, Kitchen, Living Room, Range, Refrigerator, Storage, Washer/Dryer Hookups

Unit 2

Baths Total: 2.0
Actual Rent: $1,370.00

Beds Total: 2.0
Levels: One
Living Area: 997.5
Features: Deck, Dining Room, Dishwasher, Fireplace, Kitchen, Living Room, Range, Refrigerator, Storage, Washer/Dryer Hookups

Unit 3

Baths Total: 2.0
Actual Rent: $1,400.00

Beds Total: 2.0
Levels: One
Living Area: 997.5
Features: Deck, Dining Room, Dishwasher, Fireplace, Kitchen, Living Room, Range, Refrigerator, Storage, Washer/Dryer Hookups

Unit 4

Baths Total: 2.0
Beds Total: 2.0

Living Area: 997.5
Features: Deck, Dining Room, Dishwasher, Fireplace, Kitchen, Living Room, Range, Refrigerator, Storage, Washer/Dryer Hookups

Rental

Rental Information

Lease Term: 12 Months
TenantPays: All Utilities, Electricity, Hot Water, Sewer, Trash Collection, Telephone, Water

Property History for 5325 Wayne Street

Date	Event & Source	Price	Appreciation
Apr 12, 2024	Sold Doorify MLS (fka Triangle MLS) #10014991	$916,000	—
Apr 4, 2024	Sold (Public Record) Public Record #1530565583	$916,000	+7.2% / yr
Mar 11, 2024	Pending Doorify MLS (fka Triangle MLS) #10014991		—
Mar 4, 2024	Listed (Active) Doorify MLS (fka Triangle MLS) #10014991	$900,000	—
Jun 2, 2022	Sold AMLS #2441890	$805,000	—
Jun 2, 2022	Sold Doorify MLS (fka Triangle MLS) #2441890	$805,000	—
Jun 1, 2022	Pending AMLS #2441890		—
May 26, 2022	Sold (Public Record) Public Record #1491186815	$805,000	+16.6% / yr
May 1, 2022	Pending Doorify MLS (fka Triangle MLS) #2441890		—
Apr 11, 2022	Listed (Active) Doorify MLS (fka Triangle MLS) #2441890	$799,000	—
Apr 11, 2022	Listed (Active) AMLS #2441890	$799,000	—
Jul 8, 2015	Sold (Public Record) Public Record #551991878	$280,000	—
Aug 19, 2004	Sold (Public Record) Public Record #147786501	$280,000	—
Nov 15, 2003	Sold Doorify MLS (fka Triangle MLS) #710949	$280,000	—
Nov 15, 2003	Sold AMLS #710949	$280,000	—
Oct 1, 2003	Pending Doorify MLS (fka Triangle MLS) #710949		—
Oct 1, 2003	Listed (Active) Doorify MLS (fka Triangle MLS) #710949	$280,000	—
Oct 1, 2003	Listed (Active) AMLS #710949	$280,000	—
Jun 30, 2000	Sold Doorify MLS (fka Triangle MLS) #553177	$260,000	—
Jun 30, 2000	Sold AMLS #553177	$260,000	—
May 22, 2000	Pending Doorify MLS (fka Triangle MLS) #553177		—
May 10, 2000	Listed (Active) Doorify MLS (fka Triangle MLS) #553177	$262,000	—
May 10, 2000	Listed (Active) AMLS #553177	$262,000	—
May 18, 1999	Sold Doorify MLS (fka Triangle MLS) #511914	$247,500	—
May 18, 1999	Sold AMLS #511914	$247,500	—
Apr 16, 1999	Pending Doorify MLS (fka Triangle MLS) #511914		—
Apr 14, 1999	Listed (Active) Doorify MLS (fka Triangle MLS) #511914	$247,500	—
Apr 14, 1999	Listed (Active) AMLS #511914	$247,500	—

Date	Event & Source	Price
04/12/2024	Sold Doorify MLS (fka Triangle MLS) #10014991	$916,000
04/04/2024	Sold (Public Record) Public Record #1530565583	$916,000 +7.2% / yr
03/11/2024	Pending Doorify MLS (fka Triangle MLS) #10014991	—
03/04/2024	Listed (Active) Doorify MLS (fka Triangle MLS) #10014991	$900,000
06/02/2022	Sold AMLS #2441890	$805,000
06/02/2022	Sold Doorify MLS (fka Triangle MLS) #2441890	$805,000
06/01/2022	Pending AMLS #2441890	—
05/26/2022	Sold (Public Record) Public Record #1491186815	$805,000 +16.6% / yr
05/01/2022	Pending Doorify MLS (fka Triangle MLS) #2441890	—
04/11/2022	Listed (Active) Doorify MLS (fka Triangle MLS) #2441890	$799,000
04/11/2022	Listed (Active) AMLS #2441890	$799,000
07/08/2015	Sold (Public Record) Public Record #551991878	$280,000
08/19/2004	Sold (Public Record) Public Record #147786501	$280,000
11/15/2003	Sold Doorify MLS (fka Triangle MLS) #710949	$280,000
11/15/2003	Sold AMLS #710949	$280,000
10/01/2003	Pending Doorify MLS (fka Triangle MLS) #710949	—
10/01/2003	Listed (Active) Doorify MLS (fka Triangle MLS) #710949	$280,000
10/01/2003	Listed (Active) AMLS #710949	$280,000
06/30/2000	Sold Doorify MLS (fka Triangle MLS) #553177	$260,000
06/30/2000	Sold AMLS #553177	$260,000
05/22/2000	Pending Doorify MLS (fka Triangle MLS) #553177	—
05/10/2000	Listed (Active) Doorify MLS (fka Triangle MLS) #553177	$262,000
05/10/2000	Listed (Active) AMLS #553177	$262,000
05/18/1999	Sold Doorify MLS (fka Triangle MLS) #511914	$247,500
05/18/1999	Sold AMLS #511914	$247,500
04/16/1999	Pending Doorify MLS (fka Triangle MLS) #511914	—
04/14/1999	Listed (Active) Doorify MLS (fka Triangle MLS) #511914	$247,500
04/14/1999	Listed (Active) AMLS #511914	$247,500

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

Public Records for 5325 Wayne Street

Taxable ValueLand$180,000Additions$540,118Total$720,118

Tax Record2025$6,360 ($530 / month)

Home Facts

Baths3.5Total Finished SqFt3,968 SqFtAbove Grade Finished SqFt3,968 SqFtStories2Lot Size19,166 SqFtStyleQuadraplexYear Built1984Year Renovated1999ZoningR-10CountyWAKEAPN0783.17-11-6867-000

Schools near 5325 Wayne Street

This home is within Wake County School District.


Rating	School	Type	Grades	Distance
5/10	Dillard Drive Elementary	Public - Serves this home	PK to 5	0.6 mi
7/10	Dillard Drive Middle	Public - Serves this home	6 to 8	0.6 mi
8/10	Athens Drive High	Public - Serves this home	9 to 12	0.9 mi
1/10	SCORE Academy	Public - Nearby school	9 to 12	0.9 mi
9/10	Crossroads FLEX	Public - Nearby school	9 to 12	0.9 mi
9/10	Wake STEM Early College High School	Public - Nearby school	9 to 13	1.0 mi
NR	Adventist Christian Academy of Raleigh	Private - Nearby school	PK to 8	0.8 mi
NR	Learn With the Best School Inc.	Private - Nearby school	K to 12	0.9 mi
NR	Grace Christian School	Private - Nearby school	K to 12	0.9 mi


Rating	School	Distance
5/10	Dillard Drive Elementary PublicPK to 5 Serves this home	0.6 mi
7/10	Dillard Drive Middle Public6 to 8 Serves this home	0.6 mi
8/10	Athens Drive High Public9 to 12 Serves this home	0.9 mi
1/10	SCORE Academy Public9 to 12 Nearby school	0.9 mi
9/10	Crossroads FLEX Public9 to 12 Nearby school	0.9 mi
9/10	Wake STEM Early College High School Public9 to 13 Nearby school	1.0 mi
NR	Adventist Christian Academy of Raleigh PrivatePK to 8 Nearby school	0.8 mi
NR	Learn With the Best School Inc. PrivateK to 12 Nearby school	0.9 mi
NR	Grace Christian School PrivateK to 12 Nearby school	0.9 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 5325 Wayne Street, Raleigh, NC 27606	$916,000	8	8	3,990	19,166
5327 Wayne Street, Raleigh, NC 27606	$280,000	–	4	3,968	20,038
5321 Wayne Street, Raleigh, NC 27606	$300,000	–	4	3,968	20,038
5308 Wayne Street, Raleigh, NC 27606	$901,500	8	12	4,906	17,860
5312 Wayne Street, Raleigh, NC 27606	$170,000	–	4	2,080	10,454
5335 Wayne Street, Unit A B C D, Raleigh, NC 27606	$610,000	8	8	3,968	24,394
5335 Wayne Street, Raleigh, NC 27606	$610,000	–	4	3,968	24,394

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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 Keller Williams Preferred Realty

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.

Raleigh, NC

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