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Century 21 Triangle Group
419 Rose Ln, Raleigh, NC 27610
- $1,100,000
- 5,448
- SqFt
Seller Representative United Real Estate Triangle
Buyer Representative
- Sold Price
- $1,100,000
- List Price
- $1,200,000
- Status
- CLOSED
- Days on Market
- 117
- Closing Date
- Feb 04, 2026
- MLS#
- 10126233
- Subtype
- Commercial Sale
- Year Built
- 1959
- Living Area
- 5,448
- Lot Size
- 45,738
- Acres
- 1.05
- Subdivision
- Rosemont Gardens
Property Description
Welcome to this 6-unit multi-family investment opportunity in Raleigh. Situated on just over an acre, the property consists of three brick duplexes that are fully leased and producing income today. Zoned R-6, it offers a rare combination of cash flow and redevelopment potential, with the opportunity for future townhome redevelopment. Investors can choose to hold and optimize the existing rentals, phase in new construction while maintaining income, or pursue a full redevelopment strategy. Surrounded by new builds selling between $450K-$600K and located only minutes from Downtown Raleigh, this property presents multiple exit strategies and long-term upside in one of the city's fastest-growing corridors.
Additional Information
- Interior Features
- Ceiling Fans, Open Floor Plan, Walk-In Closet(s), Dining Combo, Bathtub/Shower Combination
- Exterior Features
- Private Yard, Rain Gutters, Storage, Fenced Yard
- Taxes
- $6,137
- Flooring
- Vinyl
- Appliances
- Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Microwave, Water Heater, Washer/Dryer
- Heating
- Electric, Forced Air
- Air Conditioning
- Central Air, Window/Wall
- Stories
- 1
- Roof
- Shingle
- Foundation
- Raised
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .