(864) 362-2375
404 Edenton Street
$799,900

404 Edenton Street, Raleigh, NC 27601

6Beds
5Baths
3,677SQFT
0.1Acres
1910YearYear Built

About This Home

Investment Opportunity in Downtown Raleigh. Income-Producing Multi-Unit Property! Three of the four units are currently leased, representing $4,075 in projected monthly gross rental income ($48,900 annually), with Unit 3 offering an opportunity for additional revenue. Unit 1 is leased at $1,475/month, Unit 2 is leased at $1,500/month, and Unit 4 is leased at $1,100/month. Located in the heart of Raleigh's Historic Oakwood neighborhood! Minutes from Downtown Raleigh's restaurants, shopping, entertainment, and employment centers. The property has undergone renovations and improvements while retaining the charm and character of its historic surroundings. Whether you're looking to expand your investment portfolio, establish a long-term rental investment, or explore an owner-occupied investment opportunity, this property offers multiple possibilities in an established, desirable Raleigh location. Don't miss your chance to invest in Historic Oakwood!

Location

Key Facts

Status: Active
Type: Residential Income
Neighborhood: Historic Oakwood
Annual Taxes: $5,930
HOA Fees: $0
MLS: Doorify
MLS #: 10174559

Features

Quadruplex

Mortgage Calculator

$4,045Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $799,900
Status: Active — For Sale
Recent change: Price reduced
Days on market: 130
Last updated: Oct 25, 2026

Schools

Loading assigned schools…

Listing courtesy of EXP Realty LLC
Source MLS #: 10174559
Last updated: Oct 25, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.