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215 Lafayette Road, Raleigh, NC 27604

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For Sale

$725,000

4 beds • 2 baths • 2 half baths • 2,136 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $339.42
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

DUPLEX FOR INVESTMENT OR OCCUPANCY OR BOTH -- each side is 2 bedrooms 1.5 bathrooms -- approximately 1068sf per side. Incredible location just two blocks away from the Mordecai Historic Park just off downtown Raleigh, this well-renovated and maintained duplex could be: a) maintained as an investment, with both sides leased; b) lived in on side B with lease or Airbnb income from side A (side B vacates on November 15 thus allowing for a new owner to move right in); c) converted to a single-family home; or d) anything else you'd like. Around three years ago, the property was given a significant refresh and updates, and now has a matching pair of front and rear decks, new board and batten siding on the front and back, new roof, new vinyl flooring and new HVAC and refrigerator (the last two on side A only). The two sides are mirror images of each other, with two good-sized bedrooms upstairs (15x11.5 and 14x12) with a shared full bath, and then a 14x7 kitchen, powder room and 16.5x11.5 family room on the main floor. There's a two-car concrete parking pad for off-street parking (currently assigned one per side) and the tenant on side A has been there for 19 years (lease is month-to-month). From this amazing neighborhood location, you will be a one-half mile (OR LESS) walk to all of the following: Stanbury, Jolie, Station, Oakwood Pizza Box and Crawford and Son restaurants, Two Roosters ice cream, Krispy Kreme doughnuts, Yellow Dog Bakery, The Optimist, Person Street Bar and the Oakwood Dog Park.
MLS# 10128329

Courtesy Of Compass North Carolina

(919) 726-6548

Property Features

  • Age
    31-40 Years Old
  • Amenities
    Deck, Porch
  • Appliances
    Refrigerator
  • Architecture Style
    Colonial
  • Lot Size
    0.16 Acres
  • Roof Type
    Asphalt
  • Rooms
    Family Room

Map and Directions

Directions to 215 Lafayette Road, Raleigh, NC 27604

Home seller CENTURY 21 Triangle Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Triangle Group

(919) 720-4217
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.