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6 Beds
5 Baths
3,677 sqft

$799,900

404 E Edenton Street, Raleigh NC, 27601

Price per sqft$217.54
Built in1910
Property size3,677 sqft
Property typeMulti-family
Listing courtesy of EXP Realty LLC

Overview

Active

Listed Jun 17, 2026

Updated 17h ago

Investment Opportunity in Downtown Raleigh. Income-Producing Multi-Unit Property! Three of the four units are currently leased or nearing lease execution, representing $3,900 in projected monthly gross rental income ($46,800 annually), with Unit 3 offering an opportunity for additional revenue. Unit 1 is pending lease execution at $1,300/month, Unit 2 is leased at $1,500/month, and Unit 4 is leased at $1,100/month. Located in the heart of Raleigh's Historic Oakwood neighborhood! Minutes from Downtown Raleigh's restaurants, shopping, entertainment, and employment centers. The property has undergone renovations and improvements while retaining the charm and character of its historic surroundings. Whether you're looking to expand your investment portfolio, establish a long-term rental investment, or explore an owner-occupied investment opportunity, this property offers multiple possibilities in an established, desirable Raleigh location. Don't miss your chance to invest in Historic Oakwood!

$5,322/mo

Est. mortgage payment based on a $799,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10174559

Interior Features

Bedrooms
6
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.1 Acres

Other Property Details

View
Yes
MLS provider logo

Listed by Anna Powell, Melissa Enders, EXP Realty LLC

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Data last updated 3:40 AM UTC, 10/21/2026

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