DUPLEX FOR INVESTMENT OR OCCUPANCY OR BOTH -- each side is 2 bedrooms 1.5 bathrooms -- approximately 1068sf per side. Incredible location just two blocks away from the Mordecai Historic Park just off downtown Raleigh, this well-renovated and maintained duplex could be: a) maintained as an investment, with both sides leased; b) lived in on side B with lease or Airbnb income from side A (side B vacates on November 15 thus allowing for a new owner to move right in); c) converted to a single-family home; or d) anything else you'd like. Around three years ago, the property was given a significant refresh and updates, and now has a matching pair of front and rear decks, new board and batten siding on the front and back, new roof, new vinyl flooring and new HVAC and refrigerator (the last two on side A only). The two sides are mirror images of each other, with two good-sized bedrooms upstairs (15x11.5 and 14x12) with a shared full bath, and then a 14x7 kitchen, powder room and 16.5x11.5 family room on the main floor. There's a two-car concrete parking pad for off-street parking (currently assigned one per side) and the tenant on side A has been there for 19 years (lease is month-to-month). From this amazing neighborhood location, you will be a one-half mile (OR LESS) walk to all of the following: Stanbury, Jolie, Station, Oakwood Pizza Box and Crawford and Son restaurants, Two Roosters ice cream, Krispy Kreme doughnuts, Yellow Dog Bakery, The Optimist, Person Street Bar and the Oakwood Dog Park.
Pending
$725,000
215 Lafayette Rd, Raleigh, NC 27604
4beds
2,136sqft
Est.:
Duplex, Residential, Multi Family
Built in 1986
-- sqft lot
$-- Zestimate®
$339/sqft
$-- HOA
What's special
Front and rear decksOff-street parkingTwo good-sized bedroomsNew roofNew hvacNew vinyl flooring
- 71 days |
- 38 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: December 19, 2025 at 11:49am
Listed by:
David Worters 919-985-3069,
Compass -- Raleigh,
Emma Singer 919-737-7300,
Compass -- Raleigh
Source: Doorify MLS,MLS#: 10128329
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Central, Separate Meters
Cooling
- Central Air
Appliances
- Included: Disposal, Electric Range, Refrigerator, Washer/Dryer, Water Heater
- Laundry: In Kitchen, Laundry Closet
Features
- Flooring: Combination
Interior area
- Total structure area: 2,136
- Total interior livable area: 2,136 sqft
- Finished area above ground: 2,136
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Off Street, On Street, Parking Pad
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 60 x 120 see survey
- Features: Back Yard, Few Trees, Front Yard, Level, Near Public Transit
Details
- Parcel number: 1704948365
- Zoning: R-6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Dutch Colonial, Traditional
- Property subtype: Duplex, Residential, Multi Family
- Attached to another structure: Yes
Materials
- Board & Batten Siding, Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Asphalt, Shingle
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Historical Area, Park, Playground, Restaurant, Street Lights
- Subdivision: Lafayette
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $339/sqft
- Tax assessed value: $559,606
- Annual tax amount: $4,920
- Date on market: 10/17/2025
- Lease term: Month To Month
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/15/2025 | Pending sale | $725,000$339/sqft |
Source: | ||
| 10/17/2025 | Listed for sale | $725,000+211.2%$339/sqft |
Source: | ||
| 12/8/2006 | Sold | $233,000+18.9%$109/sqft |
Source: Public Record Report a problem | ||
| 8/13/2001 | Sold | $196,000$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,920 +0.4% | $559,606 |
| 2024 | $4,900 +19.6% | $559,606 +50.3% |
| 2023 | $4,098 +7.6% | $372,276 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,051/mo
Principal & interest
$3404
Property taxes
$393
Home insurance
$254
Climate risks
Neighborhood: Mordecai
Nearby schools
GreatSchools rating
- 4/10Conn ElementaryGrades: PK-5Distance: 0.4 mi
- 6/10Oberlin Middle SchoolGrades: 6-8Distance: 2.1 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Wake - Conn
- Middle: Wake - Oberlin
- 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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