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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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725727 725/727 Carolina Ave , Raleigh, NC 27606
$535,000
Est. Payment: $2,740.53/mo
3 Bed
3 Bath
1261 Sqft
Status: pending | Days on site: 6
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

Rare opportunity to own an updated duplex featuring both 725 and 727 Carolina, offering exceptional income-producing potential. Each unit features three bedrooms and has been thoughtfully renovated, creating an exceptional opportunity for investors seeking immediate rental potential and long-term appreciation. Extensive improvements completed in 2022 include fresh interior paint, updated flooring, kitchen cabinetry, quartz countertops, tile backsplashes, stainless steel appliances, renovated bathrooms, and durable luxury vinyl plank flooring throughout. Each residence also offers a private deck, easy-to-maintain landscaping, an extended driveway, and additional street parking. Whether you're looking to expand your portfolio, generate income from both units, or take advantage of the flexibility of living in one side while leasing the other, this turnkey property offers outstanding possibilities. Conveniently located near shopping, dining, major highways, and downtown Raleigh amenities, this duplex presents an excellent opportunity to own an income-producing property in a desirable location. Rare opportunity to own an updated duplex featuring both 725 and 727 Carolina, offering exceptional income-producing potential. Each unit features three bedrooms and has been thoughtfully renovated, creating an exceptional opportunity for investors seeking immediate rental potential and long-term appreciation. Extensive improvements completed in 2022 include fresh interior paint, updated flooring, kitchen cabinetry, quartz countertops, tile backsplashes, stainless steel appliances, renovated bathrooms, and durable luxury vinyl plank flooring throughout. Each residence also offers a private deck, easy-to-maintain landscaping, an extended driveway, and additional street parking. Whether you're looking to expand your portfolio, generate income from both units, or take advantage of the flexibility of living in one side while leasing the other, this turnkey property offers outstanding possibilities. Conveniently located near shopping, dining, major highways, and downtown Raleigh amenities, this duplex presents an excellent opportunity to own an income-producing property in a desirable location.

Highlights

Listed by Jeremy Cleveland , 919-412-2272 Keller Williams Elite Realty , 984-244-5830. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1985

County

Wake

Neighborhood

Carolina Heights

Listing ID

10185199

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Microwave, Range, Refrigerator
Air Cond:Central Air
Fireplaces:Living Room
Floor:Carpet,Vinyl,Tile
Above Ground Sq Ft:1261
Below Ground Sq Ft:0
Other:
  • Additional:Bathtub/Shower Combination, Ceiling Fan(s), Stone Counters
Water:Public

Exterior Features

Zoning:R-6
Roof:Shingle
Others:
  • Additional:Deck, Front Porch
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$2,741
Taxes
$313

Home Price

$535,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$107,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,740.53

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,740.53 $313.37 $0.00 $3,053.90
Yearly $32,886.37 $3,760.42 $0.00 $36,646.79
Total $986,591.13 $112,812.60 $0.00 $1,099,403.73

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T13:40:36.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina