Last Sold Price
6 beds3,072 sqft$195/sqft
5363 Wayne St, Raleigh, NC 27606

Description

Excellent ranch-style triplex investment opportunity in Southwest Raleigh! 2BD/2BA apartments feature an open floor plan; 2 spacious bedrooms and a deck w/ storage unit. All apartments are occupied: Apt A -$1150/mo - expires 01/31/25 - moved in 01/2019; Apt B - $1120/mo - expires-04/30/25 - moved in 08/2020; Apt C- $1340/mo - expires 12/31/24 -moved in 12/2022. Triplex is on a central water meter. Each apartment reimburses $55/mo for water. Triplex has vinyl siding and architectural shingled roof...Excellent ranch-style triplex investment opportunity in Southwest Raleigh! 2BD/2BA apartments feature an open floor plan; 2 spacious bedrooms and a deck w/ storage unit. All apartments are occupied: Apt A -$1150/mo - expires 01/31/25 - moved in 01/2019; Apt B - $1120/mo - expires-04/30/25 - moved in 08/2020; Apt C- $1340/mo - expires 12/31/24 -moved in 12/2022. Triplex is on a central water meter. Each apartment reimburses $55/mo for water. Triplex has vinyl siding and architectural shingled roof which were both installed in 2018 and the front porches were rebuilt in 2023. Great location behind Crossroads Plaza shopping center and very convenient to I-440 and downtown Raleigh!
LISTING CLOSED: 06/25/2024 02:26 PM

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

Property Details for 5363 Wayne Street

Status
MLS #
10018955
Taxes
$3,272 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Triplex
Year Built
1984
Lot Size
0.85 AC / 37,026 SF
View
Yes
Subdivision
Wayneridge

Location

Listing Courtesy of Raleigh Investment Real Estate

Sold By Allen Tate/Raleigh-Falls Neuse

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Building Information for 5363 Wayne Street

Stories-Residences3Year Built1984Building Size-Lot Size0.85 AC / 37,026 SF

Payment Calculator

$3,321 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,049

Property Taxes

$273

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5363 Wayne Street

Summary
Location and General Information
  • Directions: From I-440 take Jones Franklin toward Cary, turn left on Wayne St, property is on the right
  • Subdivision Name: Wayneridge
  • Latitude: 35.758703
  • Longitude: -78.723064
  • Road Frontage Type: City Street
Taxes and HOA Information
  • Tax Annual Amount: $3,272.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 12
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2025-01-31
  • Property Leased YN: Yes
  • Due Diligence Expiration Date: 2024-05-21
Parking
  • Open Parking: Yes
  • Parking Features: Off Street
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 3072.0
  • Architectural Style: Ranch
  • Total Other Area Sq Ft: 0
  • Parcel Number: 12
  • Structure Type: Site Built
  • Sold PriceList Price: 0.93
Property and Assessments
  • New Construction: No
  • Photos Count: 15
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Available, Sewer Connected, Water Available, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Vinyl Siding, Site Built
Interior Features
  • Levels: One
  • Fireplace Features: Family Room
  • Fireplace Y N: Yes
  • Fireplaces Total: 3
  • Flooring: Carpet, Laminate, Linoleum
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Central, Heat Pump
  • Heating?: Yes
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Laundry Features: Washer Hookup
  • Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Dining L, Open Floorplan, Shower Only, See Remarks
  • Spa: No
  • Equipment Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior: Electricity Available, Sewer Connected, Water Available, Water Connected, Off Street, Vinyl Siding, Washer Hookup
  • Equipment: Dishwasher, Electric Range, Refrigerator, Washer Hookup, Off Street
Multi Family
Unit Information
  • Total Units: 3
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months
  • TenantPays: All Utilities
Units Information
Unit One
  • Unit One: Actual Rent: 1150.0
  • Unit One: Baths Total: 2.0
  • Unit One: Beds Total: 2.0
  • Unit One: Unit Type Pro Forma: 1350
Unit Two
  • Unit Two: Actual Rent: 1120.0
  • Unit Two: Baths Total: 2.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Unit Type Pro Forma: 1350
Unit Three
  • Unit Three: Actual Rent: 1340.0
  • Unit Three: Baths Total: 2.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Unit Type Pro Forma: 1350
Unit Four
  • Unit Four: Baths Total: 0.0
  • Unit Four: Beds Total: 0.0

Property History for 5363 Wayne Street

DateEvent & SourcePriceAppreciation
Jun 25, 2024

Sold

TRIANGLEMLS #10018955

Jun 25, 2024

Pending

TRIANGLEMLS #10018955

Jun 14, 2024

Sold

TRIANGLEMLS #10018955

$599,800
DateEvent & SourcePrice
06/25/2024

Sold

TRIANGLEMLS #10018955

06/25/2024

Pending

TRIANGLEMLS #10018955

06/14/2024

Sold

TRIANGLEMLS #10018955

$599,800

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

Public Records for 5363 Wayne Street

Taxable ValueLand$180,000Additions$454,658Total$634,658
Tax Record2025$5,595 ($466 / month)
Home Facts
Total Finished SqFt3,000 SqFtAbove Grade Finished SqFt3,000 SqFtStories1Lot Size37,026 SqFtStyleTriplexYear Built1984Year Renovated1994ZoningCMCountyWAKEAPN0783.17-21-1250 0128850Fireplace TypeHas Fireplace

Schools near 5363 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: 5363 Wayne Street, Raleigh, NC 27606
$599,800
6
3,072
37,026
$373,000
3,000
45,302
$185,000
3,000
45,302
3
3,000
17,424
$602,500
4,020
42,688
$225,000
4
4,000
17,424

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.