1612 Boyer Street, Raleigh, NC 27610
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
1612 Boyer Street,Raleigh, NC 27610
$1,200,000
- 8 Beds
- 4 Baths
- 3,905 sq. ft.
- Multi-family
- Active
Listed by: natalie pearse, abbey gallons
Office: united real estate triangle
MLS#:10136261
Source:RD
Price summary
- Price:$1,200,000
- Price per sq. ft.:$307.3
About this home
1612-1618 Boyer Street presents an investor-ready quadplex portfolio in one of Raleigh's fastest-growing corridors, surrounded by new residential and commercial development. This property features four updated 2-bedroom, 1-bathroom units, each equipped with in-unit washer and dryer, modern finishes, and dedicated parking with additional side parking for tenants and guests.
All units underwent major updates in 2020, and 1618 and 1616 Boyer received further renovations in 2025, allowing for an immediate $250 per-unit rent increase. To prepare the property for its next owner, two units were strategically bought out to complete these improvements, ensuring a seamless handoff to the next investor. One of those units is now being re-leased at the new higher rent, validating the area's strong rental growth and setting the stage for top-market performance.
Just behind the property sits 15 Fisher Street, a triplex that can be purchased together with Boyer to form a 7-unit portfolio with a combined pro forma NOI of approximately $120,000 per year. 15 Fisher must be a cash purchase but can be negotiated into the overall acquisition price, offering buyers a rare multi-property opportunity in a thriving, high-demand area.
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Home facts
- Year built:1970
- Listing ID #:10136261
- Added:47 day(s) ago
- Updated:January 23, 2026 at 05:48 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,905 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Forced Air, Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:1970
- Building area:3,905 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:Wake - Broughton
- Middle school:Wake - Ligon
- Elementary school:Wake - Powell
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$307.3
- Tax amount:$6,510
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