Sold
Last Sold Price
3 beds1,991 sqft$271/sqft
623 Rawls Dr, Raleigh, NC 27610
Multi FamilyProperty Type
10,454 sq ftLot Size
2007Year Built
$271/sq ftPrice per sq ft
2 carsParking Spaces

Description

Location... Location! Come explore the possibilities for your next investment! Convieniently located inside the beltline and approximately 200 yards from bus stop. Renovated, clean and well maintained duplex. Each unit is approximately 1000 sq ft and contains 3 bedrooms / 2 baths. Located approximately 4 miles from downtown Raleigh and 1 mile from WakeMed and Raleigh Country Club. Each unit has parking in driveway and on street. Both units occupied: Unit 101-$1850/mo - expires 6/30/2027 (with increase...Location... Location! Come explore the possibilities for your next investment! Convieniently located inside the beltline and approximately 200 yards from bus stop. Renovated, clean and well maintained duplex. Each unit is approximately 1000 sq ft and contains 3 bedrooms / 2 baths. Located approximately 4 miles from downtown Raleigh and 1 mile from WakeMed and Raleigh Country Club. Each unit has parking in driveway and on street. Both units occupied: Unit 101-$1850/mo - expires 6/30/2027 (with increase to $1910 on 7/1/25 and $1975 on 7/1/26). Unit 102 - $1850/mo-expires 8/31/2025. Tenants want to extend their leases and will be discussed ideal situation with potential buyer. Tenants pay their own utilities. This property is in extremely high demand and realizes a 7% Cap Rate. Looking for a buyer that will purchase this similar property next door at 619 Rawls. Buyer must grant seller temporary grading easements (for both 619 and 623 Rawls) and permanent stormwater easement (for 623 Rawls) for townhome development happening adjacent to property. Please confirm schools. No HOA.
  • Listed by: Nathan Becker 919.889.0059 nathan@bigrealtyco.com Brokerage DRE #C19599 • BIG Realty Company
Listing closed: 02/14/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10050679

Recent comparable sales

Median sold price

$540,000

Avg days on market

48

Sale-to-list ratio

93.5%

Raleigh, NC

9 comparable properties found

$540,000 | 619 Rawls Drive, Raleigh, NC 27610
1/22
1

$540,000

Sold 01/10/25

3
Bedrooms
1,991
Square Feet
0.23
Acres
$465,000 | 707 Colleton Road, Raleigh, NC 27610
1/39
2

$465,000

Sold 11/19/25

3
Bedrooms
1,828
Square Feet
Unavailable
Acres
$608,000 | 315 Golf Course Drive, Raleigh, NC 27610
1/45
3

$608,000

Sold 12/20/24

3
Bedrooms
1,844
Square Feet
0.49
Acres
$599,900 | 2509 Albemarle Avenue, Raleigh, NC 27610
1/26
4

$599,900

Sold 08/27/26

3
Bedrooms
1,892
Square Feet
0.54
Acres
$600,000 | 605 Chatham Lane, Raleigh, NC 27610
1/41
5

$600,000

Sold 05/05/26

3
Bedrooms
1,810
Square Feet
0.23
Acres
$468,968 | 126 Clarendon Crescent, Raleigh, NC 27610
1/41
6

$468,968

Sold 10/11/24

3
Bedrooms
1,719
Square Feet
0.53
Acres
$420,000 | 119 Donald Ross Drive, Raleigh, NC 27610
1/52
7

$420,000

Sold 11/22/24

3
Bedrooms
1,835
Square Feet
0.55
Acres
$575,000 | 408 Locke Lane, Raleigh, NC 27610
1/46
8

$575,000

Sold 02/10/26

3
Bedrooms
1,728
Square Feet
0.29
Acres
$530,000 | 808 Welford Road, Raleigh, NC 27610
1/42
9

$530,000

Sold 01/23/25

3
Bedrooms
1,752
Square Feet
0.2
Acres

Location

Listing Courtesy of BIG Realty Company

Sold By Hodge & Kittrell Sotheby's Int

Add your commute

Payment Calculator

$3,022 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,745

Property Taxes

$278

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 623 Rawls Drive

Property Details
  • Taxes: $3,332 / year
  • MLS Type: Residential Income / Duplex
  • County: Wake County
  • Zoning Description: R-6
  • Subdivision: Not in a Subdivision
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 2007
  • Lot Size: 0.24 AC / 10,454 SF
Summary
Location and General Information
  • Zoning: R-6
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.774044
  • Longitude: -78.586773
Taxes and HOA Information
  • Tax Annual Amount: $3,331.62
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 7
  • Has Restrictive Covenants: No
Contract Information
  • Has Comp Sale: No
  • Lease Expiration Date: 2025-06-30
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
  • Due Diligence Expiration Date: 2024-12-31
School Information
  • Elementary School: Wake County Schools
  • Elementary School 2: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway
  • Carport: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1991.0
  • Total Other Area Sq Ft: 0.0
  • Number Of Buildings: 1
  • Parcel Number: 1723265920
  • Sold PriceList Price: 0.98
Property and Assessments
  • New Construction: No
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area Source: Public Records
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Roof: Shingle
  • New Construction Type: Vinyl Siding
Interior Features
  • Levels: One
  • Stories: 1
  • Has Fireplace: No
  • Flooring: Laminate
  • Cooling: Electric
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
  • Spa: No
Multi Family
Multi Family Information
  • Total Units: 2
Unit Information
Unit 1
  • Baths Total: 2.0
  • Actual Rent: $1,850.00
  • Beds Total: 3.0
  • Features: Dishwasher, Range, Refrigerator
Unit 2
  • Baths Total: 2.0
  • Beds Total: 3.0
  • Features: Dishwasher, Living Room, Range, Refrigerator
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 623 Rawls Drive

DateEvent & SourcePriceAppreciation
Feb 14, 2025

Sold

Doorify MLS (fka Triangle MLS) #10050679

$540,000
Feb 13, 2025

Sold (Public Record)

Public Record #1550712417

$540,000

+9.4% / yr

Oct 13, 2024

Pending

Doorify MLS (fka Triangle MLS) #10050679

DateEvent & SourcePrice
02/14/2025

Sold

Doorify MLS (fka Triangle MLS) #10050679

$540,000
02/13/2025

Sold (Public Record)

Public Record #1550712417

$540,000

+9.4% / yr

10/13/2024

Pending

Doorify MLS (fka Triangle MLS) #10050679

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

Public Records for 623 Rawls Drive

Taxable ValueLand$80,000Additions$313,958Total$393,958
Tax Record2025$3,476 ($290 / month)
Home Facts
Total Finished SqFt1,991 SqFtAbove Grade Finished SqFt1,991 SqFtStories1Lot Size10,454 SqFtStyleDuplexYear Built2007ZoningR-6CountyWAKEAPN1723.10-26-5920 0075263Fireplace TypeHas Fireplace

Schools near 623 Rawls Drive

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 13
Rating
School
Distance
Oak Grove Elementary
PublicPK to 5

Dillard Drive Middle
Public6 to 8

William G Enloe High
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.

Similar Homes

New listings in 27610

$290,000 | 824 Cooper Road, Raleigh, NC 27610
1/5
New

$290,000

3
Bedrooms
1,661
Square Feet
0.42
Acres
$335,000 | 5328 Seaspray Lane, Raleigh, NC 27610
1/16
New

$335,000

3
Bedrooms
2,085
Square Feet
0.17
Acres
$303,190 | 724 Sao Miguel Lane, Raleigh, NC 27610
1/4
Open: 9/12 12:00PM - 04:00PMNew

$303,190

3
Bedrooms
1,471
Square Feet
0.03
Acres
$312,646 | 730 Eucalyptus Lane, Raleigh, NC 27610
1/5
Open: 9/12 12:00PM - 04:00PMNew

$312,646

3
Bedrooms
1,451
Square Feet
0.03
Acres
$345,000 | 3790 Burtons Barn Street, Raleigh, NC 27610
1/22
New

$345,000

3
Bedrooms
2,242
Square Feet
0.12
Acres
$360,000 | 2324 Stevens Road, Raleigh, NC 27610
1/15
New

$360,000

3
Bedrooms
1,117
Square Feet
0.26
Acres
$224,000 | 2001 Auburn Road, Raleigh, NC 27610
1/26
New

$224,000

2
Bedrooms
922
Square Feet
0.18
Acres
$465,000 | 2916 Woodslope Drive, Raleigh, NC 27610
1/13

$465,000

4
Bedrooms
2,338
Square Feet
0.69
Acres
$285,000 | 6044 Ricker Road, Raleigh, NC 27610
1/16

$285,000

4
Bedrooms
2,569
Square Feet
0.15
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 623 Rawls Drive, Raleigh, NC 27610
$540,000
3
1,991
10,454
$540,000
3
1,991
10,018
$470,000
39,639
4
1,836
19,602
$25,000
4,356
$450,000
3,806
66,647

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 BIG Realty Company

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.