5333 Wayne Street, Raleigh, NC 27606
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
5333 Wayne Street,Raleigh, NC 27606
$699,999
- 8 Beds
- 8 Baths
- 3,981 sq. ft.
- Multi-family
- Pending
Listed by: aaron moon
Office: keller williams elite realty
MLS#:10178364
Source:RD
Price summary
- Price:$699,999
- Price per sq. ft.:$175.83
About this home
Investors, this one checks every box: location, income, and upside. Tucked right next to Lake Johnson Park, this quadplex puts tenants steps from 1.5 miles of unpaved trails, 2.8 miles of paved greenway, a nature preserve, and an outdoor swimming pool — the kind of lifestyle amenities that keep units filled and renters happy long-term. The Raleigh Greenway system connects directly from the property, and commuters will love the easy access to I-40, NC State, RDU International Airport, and Research Triangle Park. Each of the four units offers 2 bedrooms and 2 bathrooms, plus its own private deck — a layout that appeals to a wide range of renters, from students and young professionals to roommates and downsizers. All four units are currently on month-to-month leases, giving the new owner maximum flexibility to renovate one unit at a time while continuing to collect rental income throughout the process. This property is priced with that upside in mind — a rare chance to force appreciation through strategic upgrades in a location that's already in high demand. Whether you're looking to add a turnkey cash-flow property to your portfolio or want room to execute a value-add strategy at your own pace, this quadplex offers the location, layout, flexibility, and upside investors look for. Highlights: 4 units, each 2 bed / 2 bath with a private deck Steps from Lake Johnson Park & Raleigh Greenway system 1.5 mi unpaved trails + 2.8 mi paved trails right outside your door Access to nature preserve and outdoor pool Minutes to I-40, NC State, RDU, and RTP All 4 units on month-to-month leases — renovate unit by unit without losing income Priced to allow for capital improvements. Contact Listing Agent to schedule a showing/Tour!...
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Home facts
- Year built:1984
- Subdivision & Development:Wayneridge
- Listing ID #:10178364
- Added:92 day(s) ago
- Updated:October 08, 2026 at 07:56 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:8
- Flooring:Carpet, Vinyl
- Living area:3,981 sq. ft.
Heating and cooling
- Cooling:Varies by Unit
Structure and exterior
- Roof:Shingle
- Year built:1984
- Building area:3,981 sq. ft.
- Lot area:0.48 Acres
- Lot Features:Few Trees
- Construction Materials:Fiber Cement
- Exterior Features:Covered, Deck
- Foundation Description:Brick/Mortar
- Levels:Two
Schools
- High school:Wake - Athens Drive High
- Middle school:Wake - Dillard Drive Middle
- Elementary school:Wake - Dillard Drive Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,999
- Price per sq. ft.:$175.83
- Tax amount:$6,115
Parking
- Parking description:Asphalt
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