508 Ileagnes Road Raleigh, NC 27603
8 Beds
4 Baths
2,792 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,792 sqft
Price per Sqft $236
Subdivision Twin Lakes Estates
MLS Listing ID 10168156
Style Quadruplex
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 2,792
Year Built 1952
Annual Tax Amount $3,291
Lot Size 0.870 Acres
Acres 0.87
Property Sub-Type Quadruplex
Source Triangle MLS
Property Description
Each unit features 2 bedrooms and 1 full bath and has been remodeled to provide a clean, modern, and low-maintenance living environment. Interior updates include fresh paint, durable luxury vinyl plank flooring throughout, and no carpet for easy upkeep. The updated kitchens feature brand-new stainless steel appliances, including a refrigerator, electric range, and range hood. Spacious bedrooms, full baths with shower/tub combinations, and optional washer/dryer access add everyday convenience and functionality.
The large lot provides extra outdoor space for relaxing, entertaining, gardening, or enjoying the wooded setting and added privacy. Off-street parking and practical property features further enhance tenant appeal.
Prime Raleigh location near Downtown Raleigh, just minutes from Garner, NC State University, shopping, dining, I-40, and surrounding areas. Fully leased and income-producing, this remodeled quadplex is ready for its next owner to start enjoying rental income from day one, while offering both immediate cash flow potential and long-term value.
Location
State NC
County Wake
Direction Starting from 7-Eleven Fuel, exit the parking lot toward US-401 S/US-70 E, then turn right onto US-401 S/US-70 E. Continue and turn right onto Ileagnes Rd, then turn right. The destination will be on the left.
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Central Air, Zoned
Flooring Vinyl
Exterior
View Y/N Yes
Roof Type Shingle
Porch Deck
Garage No
Private Pool No
Building
Faces Starting from 7-Eleven Fuel, exit the parking lot toward US-401 S/US-70 E, then turn right onto US-401 S/US-70 E. Continue and turn right onto Ileagnes Rd, then turn right. The destination will be on the left.
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Structure Type Brick
New Construction No
Schools
Elementary Schools Wake - Salem
Middle Schools Wake - Salem
High Schools Wake - Athens Dr
Others
Senior Community No
Tax ID 1702368432
Special Listing Condition Standard
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