3216 Atlantic Avenue,Raleigh, NC 27604
Raleigh, NC 27604
Description
Discover the potential of this duplex investment opportunity just north of the Beltline and near the growing Iron Works development area. Located along the Atlantic Avenue corridor, this property offers exciting potential in an area poised for continued growth and future redevelopment. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers flexibility and opportunity. Each unit features 3 bedrooms and 2.5 bathrooms, granite and laminate countertops in kitchen, and beautiful real hardwood floors upstairs. Enjoy the added convenience of a rear patio and a spacious fenced backyard. Plenty of parking for residents and guests. One side is currently leased to long-term tenants, and the property has an excellent overall rental history, making this an appealing opportunity for investors seeking established rental income with potential for future appreciation. With its versatile layout, practical amenities, and location near an area experiencing growth and redevelopment, this duplex is full of possibilities for both investors and owner-occupants. Photos are only for the vacant unit.
Details
| MLS # | 10198328 |
|---|---|
| Listing Type | For Lease |
| Status | Active |
| Year | 1970 |
| Days On Site | 27 |
| Listing Provided By | Coldwell Banker Advantage | Melissa Gordon |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 2,944 |
| Story(s) | 2 |
| Zoning | R-6 |
| Acreage | 0.36 |
Interior
| Interior Features | His and Hers Closets, Laminate Counters, Walk-in Closet(s), Walk-in Shower, Master Downstairs, Stone Counters, Storage |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Heat Pump |
| Laundry Features | In Kitchen, Washer/Dryer Hookups |
| Rooms Total | 12 |
Exterior
| Exterior Features | Private Yard, Fenced Yard |
|---|---|
| Roof | Shingle |
| Foundation Details | Crawlspace |
| Lot Features | Back Yard |
| Construction Materials | Brick Veneer, Vinyl Siding |
| Patio And Porch Features | Patio |
Parking
| Parking Features | Driveway |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Assessed Value | 365807 |
|---|---|
| Tax Legal Description | Lo31 Grady Thermon Ferrell Jr Pro Bl3 |
| Tax Year | 2026 |
| Tax Map Number | 31 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27604 |
| Area | Wake |
| Community Name | Brentwood Estates |
| School District | Wake - Southeast Raleigh High |
| Elementary School | Wake - Brentwood Elementary |
| High School | Wake - Southeast Raleigh High |
| Listing VS Median (in Brentwood Estates) | |
Price: $449,000 low | high Med: $382,000 sqft: 2,944 low | high Med: 1,729 $ / sqft: $153 low | high Med: $223 On site: 27 low | high Med: 26.5 | |
Market Activity 27604
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27604 |
| Area | Wake |
| Community Name | Brentwood Estates |
| School District | Wake - Southeast Raleigh High |
| Elementary School | Wake - Brentwood Elementary |
| High School | Wake - Southeast Raleigh High |
| Listing VS Median (in Brentwood Estates) | |
Price: $449,000 low | high Med: $382,000 sqft: 2,944 low | high Med: 1,729 $ / sqft: $153 low | high Med: $223 On site: 27 low | high Med: 26.5 | |
