708 Ellington St

$2,000,000
Price
24
Beds
8,252 Sq. Ft.
$242 / Sq. Ft.
8,252
Sq. Ft.
$242
per Sq. Ft.

Description

Calling all investors. Eight 3 bedroom 1 bath units in one of the hottest zip codes in Raleigh. Walk to downtown Raleigh restaurants and entertainment. Minutes to shopping in the Village, 440, Midtown Raleigh and the inner beltline. Minutes to NCSU, William Peace and Meredith Colleges. Ten minutes to North Hills.Calling all investors. Eight 3 bedroom 1 bath units in one of the hottest zip codes in Raleigh. Walk to downtown Raleigh restaurants and entertainment. Minutes to shopping in the Village, 440, Midtown Raleigh and the inner beltline. Minutes to NCSU, William Peace and Meredith Colleges. Ten minutes to North Hills.
  1. Listed by Michelle Keaton-Barrow • Keaton Barrow Realty

Property Details for 708 Ellington Street

View
Yes
Waterfront
No
Subdivision
Not in a Subdivision
LISTING UPDATED: 12/07/2025 10:15 PM

Property Details for 708 Ellington Street

StatusActive
MLS #10136307
Days on Market16
Taxes$11,964 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1988
Lot Size0.42 AC / 18,295 SF
CountyWake County

Location

Listing Courtesy of Keaton Barrow Realty
Add your commute

Building Information for 708 Ellington Street

Stories2Residences8Year Built1988Building Size-Lot Size0.42 AC / 18,295 SF

Payment Calculator

$10,880 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,883

Property Taxes

$997

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 708 Ellington Street

Summary
Location and General Information
  • Zoning: RX-3
  • Directions: 440 to Hammond Road exit towards downtown Raleigh. Right on South. Right on Ellington
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.771434
  • Longitude: -78.634931
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $11,964.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 1
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: Yes
  • Lease Expiration Date: 2025-02-28
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 28
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Open Parking: Yes
  • Parking Features: Parking Lot
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 8252.0
  • Total Other Area Sq Ft: 0
  • Number Of Buildings: 2
  • Parcel Number: 170351852990
  • Structure Type: Multi Family
Property and Assessments
  • New Construction: No
  • Photos Count: 4
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, Multi Family
Interior Features
  • Levels: Two
  • Stories: 2
  • Fireplace Y N: No
  • Flooring: Carpet, Laminate, See Remarks
  • Cooling: Central Air, Separate Meters
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Interior: Parking Lot, Brick
  • Equipment: Parking Lot
Multi Family
Unit Information
  • Total Units: 8
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Month To Month
Units Information
Unit One
  • Unit One: Actual Rent: 1000.0
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 3.0
Unit Two
  • Unit Two: Actual Rent: 1000.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 3.0
Unit Three
  • Unit Three: Actual Rent: 1000.0
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 3.0
Unit Four
  • Unit Four: Actual Rent: 850.0
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 3.0

Property History for 708 Ellington Street

DateEvent & SourcePriceAppreciation
Dec 7, 2025

Listed (Active)

TRIANGLEMLS #10136307

$2,000,000—
DateEvent & SourcePrice
12/07/2025

Listed (Active)

TRIANGLEMLS #10136307

$2,000,000

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

Public Records for 708 Ellington Street

Taxable ValueLand$90,000Additions$1,263,602Total$1,353,602
Tax Record2025$11,965 ($997 / month)
Home Facts
Total Finished SqFt8,252 SqFtAbove Grade Finished SqFt8,252 SqFtStories2Lot Size18,295 SqFtStyleMulti-Family Res (5+ Units)Year Built1988Year Renovated2004ZoningRX-3CountyWAKEAPN1703.51-85-2990 0021080

Schools near 708 Ellington 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 - 6 to 13
Rating
School
Distance
Joyner Elementary
PublicPK to 5

Moore Square Museum Magnet Mid
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Men's Leadership Academy
Public6 to 13

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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708 Ellington Street is a multi-family home for sale in Raleigh, NC 27601. This property was listed for sale on December 7, 2025 by Keaton Barrow Realty, it's currently listed at $2,000,000. This listing's school district is Wake County School District. Nearby schools include Joyner Elementary, Moore Square Museum Magnet Mid and Needham Broughton High. 708 Ellington Street is a 24-bed, 8-bath, 8,252 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keaton Barrow Realty

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