3408 Atlantic Avenue, Raleigh, NC 27604

Local realty services provided by:CENTURY 21 Triangle Group
3408 Atlantic Avenue,Raleigh, NC 27604
$510,000
  • 5 Beds
  • 3 Baths
  • 2,344 sq. ft.
  • Multi-family
  • Active
Listed by: brandon williams
Office: exp realty llc.
MLS#:10168294
Source:RD

Price summary

  • Price:$510,000
  • Price per sq. ft.:$217.58

About this home

Investor Opportunity or Owner-Occupant Dream! This well-maintained duplex offers the flexibility to fit multiple lifestyles. The 2-bedroom unit is already leased at $1,600/month through July 15, 2027, providing immediate, reliable rental income from day one. The 3-bedroom unit is currently vacant, making it ideal for an owner looking to live in one unit while the rental income helps offset the mortgage, taxes, and insurance—or for an investor seeking to lease the second unit at market rent to maximize cash flow. Located on Atlantic Avenue in Raleigh, the property offers convenient access to shopping, dining, major roadways, employment centers, and everyday amenities. With strong rental demand and the rare combination of immediate income plus owner-occupancy potential, this property is an excellent opportunity for investors, first-time buyers, or anyone looking to build wealth through real estate while enjoying the benefits of rental income.

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Home facts

  • Year built:1968
  • Listing ID #:10168294
  • Added:71 day(s) ago
  • Updated:July 27, 2026 at 02:57 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:2
  • Rooms Total:13
  • Flooring:Luxury Vinyl
  • Dining Description:Dining L
  • Bathrooms Description:Bathtub/Shower Combination
  • Living area:2,344 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump, Multi Units
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1968
  • Building area:2,344 sq. ft.
  • Lot area:0.33 Acres
  • Lot Features:Back Yard
  • Architectural Style:Traditional
  • Construction Materials:Brick Veneer, Masonite
  • Foundation Description:Slab
  • Levels:Two

Schools

  • High school:Wake - Southeast Raleigh High
  • Middle school:Wake - Centennial Campus Middle
  • Elementary school:Wake - Brentwood Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$510,000
  • Price per sq. ft.:$217.58
  • Tax amount:$2,645

Features and amenities

  • Laundry features:Electric Dryer Hookup, Laundry Room, Washer Hookup
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