4632 Kilcullen Drive, Raleigh, NC 27604
Local realty services provided by:CENTURY 21 New Beginnings
4632 Kilcullen Drive,Raleigh, NC 27604
$924,950
- 8 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: myron von raesfeld
Office: parker james properties llc.
MLS#:10163045
Source:RD
Price summary
- Price:$924,950
About this home
Updated Quadruplex in Prime Raleigh Location with Strong Cash Flow Potential
Outstanding investment opportunity in the heart of Raleigh. This well maintained quadruplex sits on a desirable corner lot at Kilcullen and Hoyle Dr., offering excellent access to major employers, shopping, parks, and transit corridors. Its central location supports consistent tenant demand and long term stability.
Most units have been thoughtfully updated or remodeled, providing a clean and modern living experience. Recent improvements include new windows throughout the building within the last five years, boosting energy efficiency and reducing long term operating costs. Ground level of each unit features durable LVP flooring, ideal for high traffic rental use. In addition each unit has 2 assigned off street parking spaces.
Each unit offers a highly functional layout with two bedrooms, each with its own private bathroom area with toilet and sink. The bedrooms share a Jack and Jill shower/tub, a layout that maximizes privacy while keeping maintenance simple--an appealing feature for renters and a cost efficient setup for owners.
One unit is currently vacant, offering flexibility for an owner occupant or the ability to place a new tenant at market rent, enhancing immediate cash flow potential. The remaining units are tenant occupied. Tenants pay their own utilities, including garbage service, which helps keep operating expenses predictable and favorable for the owner.
Location Benefits: This property is positioned in a high demand area of Raleigh, close to major employment hubs, universities, medical centers, and retail corridors. Raleigh's strong population growth and rental demand contribute to stable occupancy and competitive rents. The corner lot placement also provides easy access and visibility, adding long term value for both renters and investors.
With its updates, efficient layout, tenant paid utilities, and prime location, this property is a compelling addition to any rental portfolio--designed for durability, consistent occupancy, and strong income performance....
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Home facts
- Year built:1983
- Listing ID #:10163045
- Added:1 day(s) ago
- Updated:April 28, 2026 at 04:05 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:4
- Half bathrooms:4
- Flooring:Carpet, Vinyl
- Bathrooms Description:Bathtub/Shower Combination
- Kitchen Description:Dishwasher, Electric Water Heater, Exhaust Fan, Free-Standing Electric Range, Microwave, Refrigerator
Heating and cooling
- Cooling:Central Air, Exhaust Fan, Separate Meters
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1983
- Lot Features:Corner, Few Trees, Landscaped
- Construction Materials:Frame
- Exterior Features:Covered, Front Porch
- Foundation Description:Slab
- Levels:Bi-Level
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$924,950
- Tax amount:$5,204
Features and amenities
- Appliances:Dishwasher, Electric Water Heater, Exhaust Fan, Free-Standing Electric Range, Microwave, Refrigerator
- Amenities:Electric Water Heater, Granite Counters
Parking
- Parking description:Asphalt, Assigned
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