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$1,000,000
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Property 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.
Full Property Details
Full Property Details for 1612 Boyer St
General
- Sold For: $1,000,000
- Taxes: $6,510
- Status: Closed
- Type: Multi-Family
- Source: 2218
- MLS ID: 10136261
- Added to Site: 118 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month
Interior
- Interior Features: Bathtub/Shower Combination, High Ceilings, Kitchen/Dining Room Combination, Open Floorplan, Quartz Counters, Smooth Ceilings
- Appliances: Electric Oven, Gas Range, Microwave, Refrigerator, Washer/Dryer, Water Heater
- Flooring: Hardwood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: In Unit
Exterior
- Exterior Features: Awning(s), Fenced Yard, Private Yard, Rain Gutters
- Porch/Patio/Deck: Deck, Front Porch
Parking
- Attached garage: Yes
- Parking Features: Additional Parking, Attached, Concrete, On Site
Location
- County: Wake
- Subdivision: Collage Park
- Driving Directions: Head south on I-440 toward Poole Road and take the Poole Road exit. Turn left onto Poole Road, then continue for about a mile and turn right onto Boyer Street. Follow Boyer Street straight ahead until you reach 1612 Boyer on your left.
- City Limits: Yes
School Information
- Elementary School: Wake - Powell
- Middle School: Wake - Ligon
- High School: Wake - Broughton
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Structure Type: Quadruplex
- Exterior Const.: Aluminum Siding, Vertical Siding
- Roof: Shingle
- Common Walls: 2+ Common Walls
- Windows: Blinds
- Stories/Levels: 2
- Building Size: 3905
- Square Feet: 3,905
- Finished Above Grnd: 3,905 Sq. Ft.
- Year Built: 1970
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147.6
- Frontage: State Road
- Street/Road Desc.: Concrete, Paved
- Fence: Yes
- Lot Features: Back Yard, Cleared, Few Trees, Landscaped, Near Public Transit
- Zoning: RX-3
- Fencing (Description): Back Yard, Wood
Financial Considerations
- Tax Amount: $6,510.87
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 1713.06491324 0013583
- Lot Number: 327-328
Listed by United Real Estate Triangle, Natalie Pearse (919) 839-3131
Sold by Davis Real Estate Services, Evilia Enid Rivera
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Schools
Schools serving 1612 Boyer St
School District:Wake County Schools
| Name | Grades | Distance |
|---|---|---|
Powell Elementary 1130 Marlborough Road, Raleigh, NC 27610 | PK-5 | 1.2 mi |
Ligon Middle 706 East Lenoir Street, Raleigh, NC 27601 | 6-8 | 0.9 mi |
Needham Broughton High 723 Saint Marys Street, Raleigh, NC 27605 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1612 Boyer St
Date
Details
Price
Change
Source
3/23/2026
Sold
$1,000,000
-16.67%
MLS
12/06/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1612 Boyer Street, Raleigh, NC 27610 (MLS# 10136261) is a Multi-Family property that was sold at $1,000,000 on March 23, 2026. Want to learn more about 1612 Boyer 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.

