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Listing 1 out of 2,813
$1,195,000 Contingent

718 S State Street
Raleigh, NC 27601

6 units | Multi Family Home
7405 sq ft lot - MLS# 2255029 Courtesy of Dream Living Realty
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Own one of the best income generating properties in Raleigh! This property located by Ligon Middle School boasts rents from 4 - 4 bedroom apartments and 2 - 3 bedroom apartments. Two buildings located on two different lots. 718 and 720 S. State St. Gross rent potential $8,850/mos or $103,800/year - Currently fully leased. Units have been updated recently and are turned (cleaned/repaired) between tenants.


  • Property Type: Multi Family Home
  • Sub Type: Triplex
  • Listing Status: Contingent
  • County/Area: Wake County
  • Zip Code: 27601
  • Year Built: 2008
  • Elementary School: Wake Cty School District
  • Middle School: Wake Cty School District
  • High School: Wake Cty School District
  • Units: 6 units
  • Lot Size: 7405 sq ft lot
  • A/C: Central Air
  • Design: Unit 1/Othr, Unit 2/Othr, Unit 3/Othr, Unit 4/Othr
  • Exterior Finish: Vinyl
  • Flooring: Carpet, Vinyl
  • Foundation: Slab
  • Fuel Heat: Electric
  • Lot Number: 170 & 171
  • Parking: Off Street Parking
  • Selling Agent: Idx
  • Selling Office: Default Office
  • Unit 1 Information: 4+ Bedrooms
  • Unit 2 Information: 3 Bedroom
  • Water/Sewer: City Sewer
Courtesy of Dream Living Realty

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Client Reviews

Allan was fantastic! He is extremely knowledgeable and was always prompt and responsive to all questions and requests we sent his way. In addition, Allan was very pleasant to work with and we would recommend him to anyone and everyone Noelle & Max
Highly recommend Allan for both purchase and rental needs. Very high level of competence, attention to detail and strong knowledge of the market. Integrity and follow-thru are beyond reproach. Allan really takes the time to understand specific needs of his clients and tailors his approach accordingly. One of the very best realtors I've worked with in over 15 real estate transactions Erik Stone
I am so fortunate to have worked with Allan in my first home purchase. I could not have asked for a better realtor and now friend, to help me through this process. Being 26, with my family in NJ, and living in Raleigh buying my first house, is a big deal and can be very stressful, but I never felt alone through it. Allan was ALWAYS available/accessible and responded to every question/concern I had right away (and I had a lot of questions lol), and he still continues to check in with me and helping if I have any questions! He always went above and beyond for me by providing outside vendors for me to contact, or speaking to the Loan officers on my behalf when they make a mistake etc. Overall I am so grateful to Allan and would recommend him to anyone who needed help buying/selling a house. When it comes time for me to upgrade and move to a larger place, I definitely know who I will be calling! :) Thanks again Allan, you're seriously the best! Samantha Prager
Allan is a very dedicated, knowledgeable, hard working and professional real estate agent. He listed and sold our home within a 2 week time period . He also helped us find another home to buy and move into within a very short time period. Allan is very easy to work with and pays great attention to details. He looked out for our best interest and went way beyond what we expected of a real estate agent. We highly recommend him to anyone looking to buy or sell a home. He is by far the best real estate agent we have ever worked with . Larry & Diane Britton
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Allan Rodgers
| The Allan Rodgers Team | Fonville Morisey Realty
Direct/Text 252-267-2909 | arodgers@fmrealty.com
3600 Glenwood Avenue | Suite 150 | Raleigh, NC 27612
Copyright © 2015. Allan Rodgers, All Rights Reserved