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$500,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 8 Total Beds
  • Updated 3 days ago
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Downtown Raleigh Quadruplex For Sale - $649,000 Prime Investment Opportunity in the New Bern Avenue BRT Corridor. Discover this exceptional quadruplex perfectly situated between New Bern Avenue and Poole Road, in the heart of Raleigh's fast-evolving Bus Rapid Transit (BRT) corridor. Strategic Location: Just 400 ± feet from the planned Raleigh Boulevard Transit Station. Spacious Design: 4,698 total SF with 3,132 SF of living area. Layout: 4 Units, 3 Stories, 8 Bedrooms, 4 Baths, and 8 Basement Laundry/Utility Rooms. Accessibility: Minutes to I-440, Downtown Raleigh, and WakeMed Hospital. This property represents a rare investment opportunity offering both steady rental income and long-term appreciation potential. Positioned near major transportation routes, planned transit infrastructure, and ongoing redevelopment, this site is ideal for investors looking to capitalize on Raleigh's continued urban growth.

Full Property Details for 123 Star St

General

  • Sold For: $500,000
  • Taxes: $2,737
  • Status: Closed
  • Type: Multi-Family
  • Source: 2218
  • MLS ID: 10127191
  • Added to Site: 98 day(s) ago

Rental Information

  • Lease/Rent Term: Other

Interior

  • Flooring: Concrete, Hardwood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Parking

  • Parking Features: On Street

Location

  • County: Wake
  • Subdivision: Lincoln Park
  • Driving Directions: From the intersection of Poole Road and S. Raleigh Blvd, Turn Left on Poole Road. Proceed West on Poole Road 300 +/- feet to Star Street. Turn Left on Star St. Proceed North on Star St about 300 +/- feet. 123 Star St will be on your Right.
  • City Limits: Yes

School Information

  • Elementary School: Wake - Hunter
  • Middle School: Wake - Ligon

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Block, Concrete
  • Basement: Yes
  • Basement Desc.: Block, Concrete, Interior Entry
  • Roof: Shingle
  • Building Size: 4698
  • Square Feet: 4,698
  • Sq. Ft. Source: Appraiser
  • Finished Above Grnd: 3,132 Sq. Ft.
  • Finished Below Grnd: 1,566 Sq. Ft.
  • Year Built: 1955

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,583.2
  • Frontage: City Street

Financial Considerations

  • Tax Amount: $2,737.96

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 1713484653
  • Lot Number: 114-115

Listed and Sold by Seagate NC LLC, Louis Ligon Gerald (919) 812-3562

Listing agent

— 123 Star St —

  • Louis Ligon Gerald

    Seagate NC LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 123 Star St

School District:Wake County Schools
NameGradesDistance
Leesville Road Elementary
8402 Pride Way, Raleigh, NC 27613
PK-59.6 mi
Leesville Road Middle
8406 Pride Way, Raleigh, NC 27613
6-89.7 mi
Leesville Road High
8410 Pride Way, Raleigh, NC 27613
9-129.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 123 Star St

Date
Details
Price
Change
Source
12/30/2025
Sold
$500,000
-22.96%
MLS
10/11/2025
Listed
$649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Seagate NC LLC, Louis Ligon Gerald (919) 812-3562

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123 Star Street, Raleigh, NC 27610 (MLS# 10127191) is a Multi-Family property that was sold at $500,000 on December 30, 2025. Want to learn more about 123 Star Street? Do you have questions about finding other Multi-Family real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.