3809 Virginia Street Active Save Request In-Person Tour Request Virtual Tour
Raleigh,NC 27610
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,376 sqft
Price per Sqft $232
Subdivision Beacon Lake
MLS Listing ID 10048102
Bedrooms 9
Full Baths 9
Year Built 1968
Annual Tax Amount $4,698
Lot Size 0.920 Acres
Property Description
This unique offering includes two duplexes on a shared lot—3809 Virginia St. and 3807 Thelma St.—with flexible options for buyers. Zoned RX-4 with a Transit Overlay District (TOD), the property presents significant development potential, allowing for the construction of a 6-story residential mixed-use building with minimal parking and frontage requirements. Currently, both duplexes are income-producing, with rooms rented by the week. 3809 Virginia St. features 5 beds/5 baths, while 3807 Thelma St. has 4 beds/4 baths and a garage, with each room generating weekly income. Whether you're looking to capitalize on the immediate rental income or redevelop the property for larger-scale use, this opportunity offers the best of both worlds. Owner financing is available.
Location
State NC
County Wake
Zoning R-4
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Carpet,Ceramic Tile
Exterior
Garage Spaces 1.0
View Y/N Yes
Roof Type Metal
Building
Story 1
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
New Construction No
Schools
Elementary Schools Wake - Partnership
Middle Schools Wake - Moore Square Museum
High Schools Wake - S E Raleigh
Others
Special Listing Condition Standard