5333 Wayne St

Raleigh, NC 27606

$699,999
Price
8
Beds
3,981 Sq. Ft.
$176 / Sq. Ft.
3,981
Sq. Ft.
$176
per Sq. Ft.
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Description

Investors, this one checks every box: location, income, and upside. Tucked right next to Lake Johnson Park, this quadplex puts tenants steps from 1.5 miles of unpaved trails, 2.8 miles of paved greenway, a nature preserve, and an outdoor swimming pool — the kind of lifestyle amenities that keep units filled and renters happy long-term. The Raleigh Greenway system connects directly from the property, and commuters will love the easy access to I-40, NC State, RDU International Airport, and Research...Investors, this one checks every box: location, income, and upside. Tucked right next to Lake Johnson Park, this quadplex puts tenants steps from 1.5 miles of unpaved trails, 2.8 miles of paved greenway, a nature preserve, and an outdoor swimming pool — the kind of lifestyle amenities that keep units filled and renters happy long-term. The Raleigh Greenway system connects directly from the property, and commuters will love the easy access to I-40, NC State, RDU International Airport, and Research Triangle Park. Each of the four units offers 2 bedrooms and 2 bathrooms, plus its own private deck — a layout that appeals to a wide range of renters, from students and young professionals to roommates and downsizers. All four units are currently on month-to-month leases, giving the new owner maximum flexibility to renovate one unit at a time while continuing to collect rental income throughout the process. This property is priced with that upside in mind — a rare chance to force appreciation through strategic upgrades in a location that's already in high demand. Whether you're looking to add a turnkey cash-flow property to your portfolio or want room to execute a value-add strategy at your own pace, this quadplex offers the location, layout, flexibility, and upside investors look for. Highlights: 4 units, each 2 bed / 2 bath with a private deck Steps from Lake Johnson Park & Raleigh Greenway system 1.5 mi unpaved trails + 2.8 mi paved trails right outside your door Access to nature preserve and outdoor pool Minutes to I-40, NC State, RDU, and RTP All 4 units on month-to-month leases — renovate unit by unit without losing income Priced to allow for capital improvements. Contact Listing Agent to schedule a showing/Tour!
  1. Listed by Aaron Moon • Keller Williams Elite Realty

Property Details for 5333 Wayne Street

View
Yes
Subdivision
Wayneridge
LISTING UPDATED: 07/07/2026 11:45 AM

Property Details for 5333 Wayne Street

StatusActive
MLS #10178364
Days on Market2
Taxes$6,115 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1984
Lot Size0.48 AC / 20,908 SF
CountyWake County
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Location

Listing Courtesy of Keller Williams Elite Realty
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Building Information for 5333 Wayne Street

Stories2Residences4Year Built1984Building Size-Lot Size0.48 AC / 20,908 SF

Payment Calculator

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$3,998 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,488

Property Taxes

$510

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5333 Wayne Street

Summary
Location and General Information
  • Zoning: R-10
  • Subdivision Name: Wayneridge
  • Latitude: 35.760691
  • Longitude: -78.723835
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $6,115.45
Contract Information
  • Lease Expiration Date: 2026-07-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: 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: Yes
  • Parking Features: Asphalt, Lighted
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 3981.0
  • Lot Features: Few Trees
  • Total Other Area Sq Ft: 0
  • Parcel Number: 0783119846
  • Structure Type: Quadruplex
Property and Assessments
  • New Construction: No
  • Photos Count: 16
  • Above Grade Finished Area Source: Other
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Curbs, Fishing, Lake, Sidewalks
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Cement
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Fiber Cement, Quadruplex
Interior Features
  • Levels: Two
  • Stories: 2
  • Flooring: Carpet, Vinyl
  • Door Features: Sliding Doors
  • Cooling: Varies by Unit
  • Cooling?: Yes
  • Heating: None
  • Heating?: No
  • Interior Features: Dual Closets
  • Interior: Asphalt, Lighted, Fiber Cement
  • Equipment: Asphalt, Lighted
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
Units Information
Units Details
  • Number Of Units Month To Month: 4.0
Unit One
  • Unit One: Above Grade Finished Area: 995.0
  • Unit One: Actual Rent: 1241.0
  • Unit One: Baths Total: 2.0
  • Unit One: Beds Total: 2.0
  • Unit One: Deck: true
  • Unit One: Kitchen: true
  • Unit One: Levels: One
  • Unit One: Living Area: 995.0
  • Unit One: Living Room: true
  • Unit One: Storage: true
  • Unit One: Unit Type Description: Two Bedroom with Two Full Baths
  • Unit One: Unit Type: 2 Bedroom
  • Unit One: Units Total: 4.0
  • Unit One: WasherDryer Hookups: true
Unit Two
  • Unit Two: Above Grade Finished Area: 995.0
  • Unit Two: Actual Rent: 1200.0
  • Unit Two: Baths Total: 2.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Deck: true
  • Unit Two: Kitchen: true
  • Unit Two: Levels: One
  • Unit Two: Living Area: 995.0
  • Unit Two: Living Room: true
  • Unit Two: Storage: true
  • Unit Two: Unit Type Description: Two Bedroom with Two Baths
  • Unit Two: Unit Type: 2 Bedroom
  • Unit Two: WasherDryer Hookups: true
Unit Three
  • Unit Three: Above Grade Finished Area: 995.0
  • Unit Three: Actual Rent: 1467.0
  • Unit Three: Baths Total: 2.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Deck: true
  • Unit Three: Kitchen: true
  • Unit Three: Levels: One
  • Unit Three: Living Area: 995.0
  • Unit Three: Living Room: true
  • Unit Three: Storage: true
  • Unit Three: Unit Type Description: Two Bedroom with Two Full Bathrooms
  • Unit Three: Unit Type: 2 Bedroom
  • Unit Three: Units Total: 4.0
  • Unit Three: WasherDryer Hookups: true
Unit Four
  • Unit Four: Above Grade Finished Area: 995.0
  • Unit Four: Actual Rent: 1071.0
  • Unit Four: Baths Total: 2.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Deck: true
  • Unit Four: Kitchen: true
  • Unit Four: Levels: One
  • Unit Four: Living Area: 995.0
  • Unit Four: Living Room: true
  • Unit Four: Storage: true
  • Unit Four: Unit Type Description: Two Bedroom with Two Full Bathrooms
  • Unit Four: Unit Type: 2 Bedroom
  • Unit Four: Units Total: 4.0
  • Unit Four: WasherDryer Hookups: true

Property History for 5333 Wayne Street

DateEvent & SourcePriceAppreciation
Jul 6, 2026

Listed (Active)

TRIANGLEMLS #10178364

$699,999—
Mar 21, 2025

Sold (Public Record)

Public Record #1553732996

$360,000—
Jun 22, 1999

Sold

TRIANGLEMLS #511105

$247,500—
DateEvent & SourcePrice
07/06/2026

Listed (Active)

TRIANGLEMLS #10178364

$699,999
03/21/2025

Sold (Public Record)

Public Record #1553732996

$360,000
06/22/1999

Sold

TRIANGLEMLS #511105

$247,500

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

Public Records for 5333 Wayne Street

Taxable ValueLand$180,000Additions$512,060Total$692,060
Tax Record2025$6,115 ($510 / month)
Home Facts
Total Finished SqFt3,968 SqFtAbove Grade Finished SqFt3,968 SqFtStories2Lot Size20,909 SqFtStyleQuadraplexYear Built1984Year Renovated1994ZoningR-10CountyWAKEAPN0783.17-11-9846 0133293Fireplace TypeHas Fireplace

Schools near 5333 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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More information about 5333 Wayne Street, Raleigh, NC 27606

5333 Wayne Street is a multi-family home for sale in Raleigh, NC 27606. This property was listed for sale on July 6, 2026 by Keller Williams Elite Realty, it's currently listed at $699,999. It has been on the market for a total of 2 days and was last sold on March 21, 2025. This listing's school district is Wake County School District. Nearby schools include Dillard Drive Elementary, Dillard Drive Middle and Athens Drive High. 5333 Wayne Street is a 8-bed, 8-bath, 3,981 sqft multi-family home built in 1984.

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 Elite 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.