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Listed price in listed location currency (USD).
$1,000,000
$1,200,000

846

MLS® 10136261

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3905 sqft
Garage 
Taxes $6,511
Lot Size 
Approx. Age 1970
Avg. Price Per Sqft $307
MLS® Number 10136261

Property Address: 1612 Boyer St, Raleigh, NC, 27610-2511

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number10136261
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1970
Basement
DrivewayAdditional Parking, Attached, Concrete, On Site
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Mar 23, 2026End Date
$1,000,000Sold Price

Sold

Dec 6, 2025List Date
$1,200,000List Price
Mar 1, 2024End Date
$1,450Sold Price

Leased

Jul 15, 2024List Date
$1,450List Price
  • Commute

Commute

Starting Address
Destination Address
1612 Boyer St, Raleigh, NC

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