740 Quarry St

$450,000
Price
2
Beds
936 Sq. Ft.
$481 / Sq. Ft.
936
Sq. Ft.
$481
per Sq. Ft.

Description

Discover a rare investment opportunity in the heart of Downtown Raleigh! This fully updated duplex offers turnkey convenience with modern finishes, stainless steel appliances, and stylish furnishings throughout. Currently operating as a successful Airbnb with consistent bookings, this property is perfect for investors searching for immediate cash flow. Both units feature a super cozy layout, abundant natural light, and thoughtful upgrades. Major systems—including the roof and HVAC (2024)—have already...Discover a rare investment opportunity in the heart of Downtown Raleigh! This fully updated duplex offers turnkey convenience with modern finishes, stainless steel appliances, and stylish furnishings throughout. Currently operating as a successful Airbnb with consistent bookings, this property is perfect for investors searching for immediate cash flow. Both units feature a super cozy layout, abundant natural light, and thoughtful upgrades. Major systems—including the roof and HVAC (2024)—have already been taken care of, giving you peace of mind for years to come. Enjoy a spacious backyard, ideal for entertaining, relaxing, or adding future enhancements. With its unbeatable downtown location, you're just steps from Raleigh's best dining, entertainment, and attractions. Whether you're expanding your portfolio or looking for a high-performing short-term rental, this duplex stands out as a truly exceptional find.
  1. Listed by Braden Riley Mayo-Ingenthron • Navigate Realty

Property Details for 740 Quarry Street

View
Yes
Subdivision
Quarry Hills
LISTING UPDATED: 12/15/2025 02:49 PM

Property Details for 740 Quarry Street

StatusActive
MLS #10137334
Days on Market11
Taxes$3,150 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1948
Lot Size0.17 AC / 7,405 SF
CountyWake County

Location

Listing Courtesy of Navigate Realty
Add your commute

Building Information for 740 Quarry Street

Stories1Residences2Year Built1948Building Size-Lot Size0.17 AC / 7,405 SF

Payment Calculator

$2,486 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,224

Property Taxes

$263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 740 Quarry Street

Summary
Location and General Information
  • Zoning: R-10
  • Subdivision Name: Quarry Hills
  • Latitude: 35.768667
  • Longitude: -78.623821
  • Road Frontage Type: City Street
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $3,149.66
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 244
  • Restrictive Covenants YN: Yes
Contract Information
  • Comp Sale YN: No
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or more years
Parking
  • Open Parking: Yes
  • Parking Features: Aggregate, Driveway, Gravel
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 936.0
  • Lot Features: Back Yard, City Lot, Cleared, Front Yard
  • Total Other Area Sq Ft: 0
  • Parcel Number: 171313145980000 0001529
  • Structure Type: Duplex, Multi Family
Property and Assessments
  • New Construction: No
  • Photos Count: 29
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete
  • Exterior Features: Private Entrance, Private Yard, Smart Lock(s)
  • Fencing: Chain Link, Partial, Wood
  • Foundation Details: Concrete, Block
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Shingle
  • Security Features: See Remarks
  • New Construction Type: Block, Concrete, Duplex, Multi Family
Interior Features
  • Levels: One
  • Stories: 1
  • Flooring: Laminate
  • Cooling: Ductless
  • Cooling?: Yes
  • Heating: Electric
  • Heating?: Yes
  • Appliances: Electric Oven, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Laundry Features: In Unit, Laundry Closet
  • Interior Features: Bar, Breakfast Bar, Granite Counters, Open Floorplan, Smart Camera(s)/Recording, Smooth Ceilings, Walk-In Shower
  • Equipment Appliances: Electric Oven, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Interior: Aggregate, Driveway, Gravel, Block, Concrete, In Unit, Laundry Closet, See Remarks
  • Equipment: Electric Oven, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, In Unit, Laundry Closet, Aggregate, Driveway, Gravel
Multi Family
Unit Information
  • Total Units: 2
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Units Information
Unit One
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 1.0
  • Unit One: Kitchen: true
  • Unit One: Levels: One
  • Unit One: Living Room: true
  • Unit One: Porch: true
  • Unit One: Refrigerator: true
  • Unit One: Unit Type: Studio
  • Unit One: WasherDryer Hookups: true
Unit Two
  • Unit Two: Baths Total: 1.0
  • Unit Two: Kitchen: true
  • Unit Two: Levels: One
  • Unit Two: Living Room: true
  • Unit Two: Porch: true
  • Unit Two: Refrigerator: true
  • Unit Two: Unit Type: Studio
  • Unit Two: WasherDryer Hookups: true
Unit Three
  • Unit Three: Unit Type Description: Not Applicable
Unit Four
  • Unit Four: Unit Type Description: Not Applicable

Property History for 740 Quarry Street

DateEvent & SourcePriceAppreciation
Dec 15, 2025

Listed (Active)

TRIANGLEMLS #10137334

$450,000—
Sep 20, 2024

Sold

TRIANGLEMLS #10043600

—
Sep 20, 2024

Pending

TRIANGLEMLS #10043600

—
Sep 19, 2024

Sold

TRIANGLEMLS #10043600

$410,000—
Sep 13, 2024

Sold (Public Record)

Public Record #1541036364

$410,000

+297.5% / yr

Jul 29, 2024

Pending

TRIANGLEMLS #10043600

—
Jul 26, 2024

Listed (Active)

TRIANGLEMLS #10043600

$400,000—
Mar 12, 2024

Sold

TRIANGLEMLS #10003328

$200,000—
Mar 7, 2024

Sold (Public Record)

Public Record #1528853010

$200,000

+0.4% / yr

Feb 17, 2024

Pending

TRIANGLEMLS #10003328

—
Dec 24, 2023

Listed (Active)

TRIANGLEMLS #10003328

$225,000—
Dec 8, 2022

Sold

AMLS #2482636

$199,000—
Dec 8, 2022

Sold

TRIANGLEMLS #2482636

$199,000—
Dec 8, 2022

Sold

TRIANGLEMLS #2482636

$199,000—
Dec 7, 2022

Sold (Public Record)

Public Record #1502542374

$199,000—
Nov 11, 2022

Pending

TRIANGLEMLS #2482636

—
Nov 11, 2022

Pending

TRIANGLEMLS #2482636

—
Nov 7, 2022

Listed (Active)

AMLS #2482636

$199,000—
Nov 7, 2022

Listed (Active)

TRIANGLEMLS #2482636

$199,000—
Nov 7, 2022

Listed (Active)

TRIANGLEMLS #2482636

$199,000—
Apr 11, 2008

Sold

AMLS #985618

$46,000—
Apr 11, 2008

Sold

TRIANGLEMLS #985618

$46,000—
Feb 21, 2008

Listed (Active)

AMLS #985618

$48,500—
Feb 21, 2008

Listed (Active)

TRIANGLEMLS #985618

$48,500—
DateEvent & SourcePrice
12/15/2025

Listed (Active)

TRIANGLEMLS #10137334

$450,000
09/20/2024

Sold

TRIANGLEMLS #10043600

—
09/20/2024

Pending

TRIANGLEMLS #10043600

—
09/19/2024

Sold

TRIANGLEMLS #10043600

$410,000
09/13/2024

Sold (Public Record)

Public Record #1541036364

$410,000

+297.5% / yr

07/29/2024

Pending

TRIANGLEMLS #10043600

—
07/26/2024

Listed (Active)

TRIANGLEMLS #10043600

$400,000
03/12/2024

Sold

TRIANGLEMLS #10003328

$200,000
03/07/2024

Sold (Public Record)

Public Record #1528853010

$200,000

+0.4% / yr

02/17/2024

Pending

TRIANGLEMLS #10003328

—
12/24/2023

Listed (Active)

TRIANGLEMLS #10003328

$225,000
12/08/2022

Sold

AMLS #2482636

$199,000
12/08/2022

Sold

TRIANGLEMLS #2482636

$199,000
12/08/2022

Sold

TRIANGLEMLS #2482636

$199,000
12/07/2022

Sold (Public Record)

Public Record #1502542374

$199,000
11/11/2022

Pending

TRIANGLEMLS #2482636

—
11/11/2022

Pending

TRIANGLEMLS #2482636

—
11/07/2022

Listed (Active)

AMLS #2482636

$199,000
11/07/2022

Listed (Active)

TRIANGLEMLS #2482636

$199,000
11/07/2022

Listed (Active)

TRIANGLEMLS #2482636

$199,000
04/11/2008

Sold

AMLS #985618

$46,000
04/11/2008

Sold

TRIANGLEMLS #985618

$46,000
02/21/2008

Listed (Active)

AMLS #985618

$48,500
02/21/2008

Listed (Active)

TRIANGLEMLS #985618

$48,500

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

Public Records for 740 Quarry Street

Taxable ValueLand$170,000Additions$186,571Total$356,571
Tax Record2025$3,150 ($262 / month)
Home Facts
Baths2Total Finished SqFt936 SqFtAbove Grade Finished SqFt936 SqFtStories1Lot Size7,405 SqFtStyleDuplexYear Built1948Year Renovated2013ZoningR-10CountyWAKEAPN1713.13-14-5980 0001529

Schools near 740 Quarry 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
Hunter Elementary School
PublicPK to 5

Ligon Middle
Public6 to 8

William G Enloe 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.

Similar Homes

Similar Sold Homes

740 Quarry Street is a multi-family home for sale in Raleigh, NC 27601. This property was listed for sale on December 15, 2025 by Navigate Realty, it's currently listed at $450,000. It has been on the market for a total of 11 days and was last sold on September 20, 2024. This listing's school district is Wake County School District. Nearby schools include Hunter Elementary School, Ligon Middle and William G Enloe High. 740 Quarry Street is a 2-bed, 2-bath, 936 sqft multi-family home built in 1948.

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 Navigate Realty

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