5367 Wayne Street, Raleigh, NC 27606
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
5367 Wayne Street,Raleigh, NC 27606
$615,000
- 6 Beds
- 6 Baths
- 3,000 sq. ft.
- Multi-family
- Active
Listed by: thomas furlow
Office: deaton investment real estate
MLS#:10197908
Source:RD
Price summary
- Price:$615,000
- Price per sq. ft.:$205
About this home
Well-maintained, single-story triplex located in an established West Raleigh neighborhood. Built in 1984, the property consists of three identical 2-bed, 2-bath units, each approximately 1,000 square feet. The property offers investors an opportunity to acquire an income-producing asset in a desirable location convenient to NC State University, I-40, Crossroads Plaza and the surrounding Raleigh/Cary employment centers. The property has benefited from substantial capital improvements, including a major renovation program in 2016 that addressed the roof, windows, exterior siding, decks, HVAC systems, water heaters and other building components. Additional improvements from 2021 through 2026 include updated flooring, interior renovations, exterior siding replacement and a new HVAC system, helping position the property for continued long-term ownership. Currently fully leased, the property offers immediate rental income with additional flexibility as one unit is scheduled to become available in November 2026. This upcoming vacancy presents an opportunity for an owner-occupant to occupy one residence while generating rental income from the other two, or for an investor to evaluate current market rents upon turnover. Lease expiration dates and rents: A-moving out end of November ($1300 + $125/mon), B-6/30/27 ($1300 + $125/mon), C-6/30/27 ($1300 + $125/mon). Owner pays water, but all tenants pay $125/mon fee....
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Home facts
- Year built:1984
- Subdivision & Development:Wayneridge
- Listing ID #:10197908
- Added:1 day(s) ago
- Updated:October 13, 2026 at 03:51 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Carpet, Tile, Vinyl
- Living area:3,000 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1984
- Building area:3,000 sq. ft.
- Lot area:1.04 Acres
- Construction Materials:Engineered Wood
- Levels:One
Schools
- High school:Wake County Schools
- Middle school:Wake County Schools
- Elementary school:Wake County Schools
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$615,000
- Price per sq. ft.:$205
- Tax amount:$5,540
Parking
- Parking description:Off Street, Parking Lot
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