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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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4304 Presley Ct , Raleigh, NC 27604
$775,000
Est. Payment: $3,969.93/mo
8 Bed
12 Bath
4172 Sqft
Status: active | Days on site: 3
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Terri Bias
Operator/Brokerage Owner

House Description

Raleigh quadplex with income in place and opportunity to capture current market rents! Two of the four 2-bedroom units are currently leased, including Unit A at $1,400/month and Unit D on a newly signed 2-year lease at $1,650/month. Incredible current market rate! The two remaining units are vacant, giving the next owner the flexibility to select their own tenants and lease at current market rates. Significant improvements have been completed since 2022, including new siding, windows, exterior doors, gutters, updated exterior plumbing, drainage improvements, and refreshed porches. Interior renovations throughout the property include updated kitchens, stainless steel appliances, LVP flooring, plumbing and electrical updates, newer HVAC systems, and additional cosmetic improvements. Each unit features 2 bedrooms with a unique layout offering each bedroom its own private sink and toilet area with a shared connecting tub/shower. Renovated Unit C features LVP throughout and is ready for its next occupant, while Unit B offers additional value-add potential for the next owner. With existing rental income, a newly secured 2-year lease, two vacant units ready for the next leasing strategy, and substantial improvements already completed, 4304 Presley Court offers an attractive combination of stability and upside for its next investor. See attached improvements list for additional details.

Highlights

Listed by Hunter Cutright , 919-737-5990 and Tarry Brisindi , 910-512-9602 EXP Realty LLC , 888-584-9431. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family

Lot/Acreage
0.48

Year Built

1983

County

Wake

Neighborhood

Pepperdine

Listing ID

10187813

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:12
  • Full Bathrooms:4
  • 1/2 Bathrooms:8
Air Cond:Electric,Heat Pump
Fireplaces:
Floor:Carpet,Vinyl,Tile
Above Ground Sq Ft:4172
Below Ground Sq Ft:0
Water:Public

Exterior Features

Roof:Shingle
Others:
  • Additional:Front Porch
Sewer:Public Sewer
Parking Features:Asphalt,Assigned
Principal Interest
$3,970
Taxes
$507

Home Price

$775,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$155,000
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:
$3,969.93

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,969.93 $507.38 $0.00 $4,477.31
Yearly $47,639.14 $6,088.61 $0.00 $53,727.75
Total $1,429,174.07 $182,658.30 $0.00 $1,611,832.37

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

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