1612-1618 Boyer Street presents an investor-ready quadplex portfolio in one of Raleigh's fastest-growing corridors, surrounded by new residential and commercial development. This property features four updated 2-bedroom, 1-bathroom units, each equipped with in-unit washer and dryer, modern finishes, and dedicated parking with additional side parking for tenants and guests. All units underwent major updates in 2020, and 1618 and 1616 Boyer received further renovations in 2025, allowing for an immediate $250 per-unit rent increase. To prepare the property for its next owner, two units were strategically bought out to complete these improvements, ensuring a seamless handoff to the next investor. One of those units is now being re-leased at the new higher rent, validating the area's strong rental growth and setting the stage for top-market performance. Just behind the property sits 15 Fisher Street, a triplex that can be purchased together with Boyer to form a 7-unit portfolio with a combined pro forma NOI of approximately $120,000 per year. 15 Fisher must be a cash purchase but can be negotiated into the overall acquisition price, offering buyers a rare multi-property opportunity in a thriving, high-demand area.
For sale
$1,200,000
1612 Boyer St, Raleigh, NC 27610
8beds
3,905sqft
Est.:
Quadruplex, Multi Family
Built in 1970
-- sqft lot
$1,136,900 Zestimate®
$307/sqft
$-- HOA
What's special
- 19 days |
- 1,460 |
- 104 |
Zillow last checked: 8 hours ago
Listing updated: December 12, 2025 at 07:48pm
Listed by:
Natalie Pearse 919-839-3131,
United Real Estate Triangle,
Abbey Gallons 919-714-3540,
United Real Estate Triangle
Source: Doorify MLS,MLS#: 10136261
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Heat Pump
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer, Water Heater
- Laundry: In Unit
Features
- Bathtub/Shower Combination, High Ceilings, Kitchen/Dining Room Combination, Open Floorplan, Quartz Counters, Smooth Ceilings
- Flooring: Hardwood, Vinyl
- Windows: Blinds
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,905
- Total interior livable area: 3,905 sqft
- Finished area above ground: 3,905
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking, Attached, Concrete, On Site
- Has attached garage: Yes
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch
- Exterior features: Awning(s), Fenced Yard, Private Yard, Rain Gutters
- Fencing: Back Yard, Wood
- Has view: Yes
Lot
- Size: 9,147.6 Square Feet
- Features: Back Yard, Cleared, Few Trees, Landscaped, Near Public Transit
Details
- Parcel number: 1713.06491324 0013583
- Zoning: RX-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Aluminum Siding, Vertical Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Playground
- Subdivision: Collage Park
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $737,400
- Annual tax amount: $6,510
- Date on market: 12/6/2025
- Lease term: Month To Month
- Road surface type: Concrete, Paved
Estimated market value
$1,136,900
$1.08M - $1.19M
$2,446/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/7/2025 | Listed for sale | $1,200,000$307/sqft |
Source:  Doorify MLS #10136261 Report a problem | ||
| 1/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/23/2024 | Listed for rent | $1,450+9.4% |
Source: Zillow Rentals Report a problem | ||
| 4/22/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 4/19/2022 | Listed for rent | $1,325+2.3% |
Source: Zillow Rental Network Premium_1 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,511 +0.4% | $737,400 |
| 2024 | $6,484 +19.5% | $737,400 +50.3% |
| 2023 | $5,427 +7.5% | $490,554 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,007/mo
Principal & interest
$5937
Property taxes
$650
Home insurance
$420
Climate risks
Neighborhood: North Central
Nearby schools
GreatSchools rating
- 5/10Powell ElementaryGrades: PK-5Distance: 1.2 mi
- 7/10Ligon MiddleGrades: 6-8Distance: 0.9 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Wake - Powell
- Middle: Wake - Ligon
- High: Wake - Broughton
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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