Pending

$649,000

123 Star St, Raleigh, NC 27610

8beds

4,698sqft

Est.:

Quadruplex, Multi Family

Built in 1955

-- sqft lot

$629,200 Zestimate^®

$138/sqft

$-- HOA

What's special

Spacious design

Downtown Raleigh Quadruplex For Sale — $649,000 Prime Investment Opportunity in the New Bern Avenue BRT Corridor. Discover this exceptional quadruplex perfectly situated between New Bern Avenue and Poole Road, in the heart of Raleigh's fast-evolving Bus Rapid Transit (BRT) corridor. Strategic Location: Just 400 ± feet from the planned Raleigh Boulevard Transit Station. Spacious Design: 4,698 total SF with 3,132 SF of living area. Layout: 4 Units, 3 Stories, 8 Bedrooms, 4 Baths, and 8 Basement Laundry/Utility Rooms. Accessibility: Minutes to I-440, Downtown Raleigh, and WakeMed Hospital. This property represents a rare investment opportunity offering both steady rental income and long-term appreciation potential. Positioned near major transportation routes, planned transit infrastructure, and ongoing redevelopment, this site is ideal for investors looking to capitalize on Raleigh's continued urban growth.

74 days

29

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard

Cooling

Wall/Window Unit(s)

Features

Flooring: Concrete, Hardwood, Vinyl
Basement: Block, Concrete, Interior Entry

Interior area

Total structure area: 4,698
Total interior livable area: 4,698 sqft
Finished area above ground: 3,132
Finished area below ground: 1,566

Property

Parking

Total spaces: 4
Parking features: On Street
Uncovered spaces: 4

Features

Levels: Tri-Level
Has view: Yes

Lot

Size: 9,583.2 Square Feet

Details

Parcel number: 1713484653
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Block, Concrete
Foundation: Concrete, Block, Slab
Roof: Shingle

Condition

New construction: No
Year built: 1955

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Lincoln Park

HOA

Has HOA: No

Location

Region: Raleigh

Financial & listing details

Price per square foot: $138/sqft
Tax assessed value: $304,777
Annual tax amount: $2,737
Date on market: 10/11/2025
Lease term: Other

Estimated market value

$629,200

$598,000 - $661,000

$2,408/mo

Price history

Date	Event	Price
10/29/2025	Pending sale	$649,000$138/sqft
Source: Doorify MLS #10127191 Report a problem
10/11/2025	Listed for sale	$649,000+512.3%$138/sqft
Source: Doorify MLS #10127191 Report a problem
2/20/2015	Listing removed	$750
Source: HomePlace Management Company Report a problem
12/23/2014	Listed for rent	$750
Source: HomePlace Management Company Report a problem
3/21/2013	Sold	$106,000-3.5%$23/sqft
Source: Public Record Report a problem