3408 Atlantic Avenue,Raleigh, NC 27604
Raleigh, NC 27604
Description
Investor Opportunity or Owner-Occupant Dream! This well-maintained duplex offers the flexibility to fit multiple lifestyles. The 2-bedroom unit is already leased at $1,600/month through July 15, 2027, providing immediate, reliable rental income from day one. The 3-bedroom unit is currently vacant, making it ideal for an owner looking to live in one unit while the rental income helps offset the mortgage, taxes, and insuranceor for an investor seeking to lease the second unit at market rent to maximize cash flow. Located on Atlantic Avenue in Raleigh, the property offers convenient access to shopping, dining, major roadways, employment centers, and everyday amenities. With strong rental demand and the rare combination of immediate income plus owner-occupancy potential, this property is an excellent opportunity for investors, first-time buyers, or anyone looking to build wealth through real estate while enjoying the benefits of rental income.
Details
| MLS # | 10168294 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1968 |
| Days On Site | 104 |
| Listing Provided By | EXP Realty LLC | Brandon Williams |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,344 |
| Story(s) | 2 |
| Zoning | R-6 |
| Acreage | 0.33 |
Interior
| Interior Features | Bathtub/Shower Combination, Ceiling Fan(s), Dining L |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air, Heat Pump, Multi Units |
| Laundry Features | Electric Dryer Hookup, Laundry Room, Washer Hookup |
| Rooms Total | 13 |
Exterior
| Roof | Shingle |
|---|---|
| Foundation Details | Slab, Crawlspace |
| Lot Features | Back Yard |
| Construction Materials | Brick Veneer, Masonite |
| Patio And Porch Features | None |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Open |
Utilities
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Assessed Value | 298683 |
|---|---|
| Tax Legal Description | Lo11 Brentwood Ests Bl111 |
| Tax Year | 2025 |
| Tax Map Number | 11 |
Area Information
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27604 |
| Area | Wake |
| Community Name | Brentwood Estates |
| School District | Wake - Southeast Raleigh High |
| Elementary School | Wake - Brentwood Elementary |
| High School | Wake - Southeast Raleigh High |
| Listing VS Median (in Brentwood Estates) | |
Price: $510,000 low | high Med: $365,000 sqft: 2,344 low | high Med: 1,298 $ / sqft: $218 low | high Med: $281 On site: 104 low | high Med: 24 | |
Market Activity 27604
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Learn More About This Property
| State | NC |
|---|---|
| County | Wake |
| City | Raleigh |
| Zip Code | 27604 |
| Area | Wake |
| Community Name | Brentwood Estates |
| School District | Wake - Southeast Raleigh High |
| Elementary School | Wake - Brentwood Elementary |
| High School | Wake - Southeast Raleigh High |
| Listing VS Median (in Brentwood Estates) | |
Price: $510,000 low | high Med: $365,000 sqft: 2,344 low | high Med: 1,298 $ / sqft: $218 low | high Med: $281 On site: 104 low | high Med: 24 | |
