720 S State Street, Raleigh, NC 27601

Raleigh
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
720 S State Street,Raleigh, NC 27601
$765,000
  • 11 Beds
  • 12 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: stephanie anson
Office: northside realty inc.
MLS#:10188078
Source:RD

Sorry, we are unable to map this address


Price summary

  • Price:$765,000

About this home

Opportunity is knocking, and it's already collecting rent. Amazing opportunity to own a Triplex located near Downtown Raleigh. Three fully leased units, minutes from downtown Raleigh, with $5,670/month in combined income ($68,040/year) already in place with leases into 2027. Unit 101: 4BR/4BA at $1795/mo. Unit 102: 4BR/4BA at $1,795/mo. Unit 103: 3BR/4BA at $1,695/mo. Bring your calculator and your offer Opportunities like this do not last long! Tenant occupied. Do not disturb tenants. Also check out building 718 S State St

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2008
  • Subdivision & Development:Watsons Lands
  • Listing ID #:10188078
  • Added:53 day(s) ago
  • Updated:October 14, 2026 at 07:09 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:12
  • Full bathrooms:12
  • Flooring:Luxury Vinyl
  • Bathrooms Description:Bathtub/Shower Combination
  • Kitchen Description:Electric Range, Refrigerator
  • Basement:Yes
  • Basement Description:Concrete

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2008
  • Construction Materials:Vinyl Siding
  • Foundation Description:Concrete Perimeter
  • Levels:Two

Schools

  • High school:Wake - William G Enloe High
  • Middle school:Wake - Ligon Middle
  • Elementary school:Wake - Hunter Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$765,000
  • Tax amount:$6,340

Features and amenities

  • Laundry features:In Unit

Parking

  • Parking description:Parking Lot
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

New listings near 720 S State Street