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$764,950 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • Updated 3 days ago
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Updated Quadruplex in Prime Raleigh Location with Strong Cash Flow Potential Outstanding investment opportunity in the heart of Raleigh. This well maintained quadruplex sits on a desirable corner lot at Kilcullen and Hoyle Dr., offering excellent access to major employers, shopping, parks, and transit corridors. Its central location supports consistent tenant demand and long term stability. All units have been thoughtfully updated or remodeled, providing a clean and modern living experience. Recent improvements include new windows throughout the building within the last five years, boosting energy efficiency and reducing long term operating costs. Ground level of each unit features durable LVP flooring, ideal for high traffic rental use. In addition each unit has 2 assigned off street parking spaces. Each unit offers a highly functional layout with two bedrooms, each with its own private bathroom area with toilet and sink. The bedrooms share a Jack and Jill shower/tub, a layout that maximizes privacy while keeping maintenance simple--an appealing feature for renters and a cost efficient setup for owners. Units A and D have just been rented at market rates, and both vacant units have been remodeled with new floor, paint, appliances and cabinets offering flexibility for an owner occupant or the ability to place a new tenant at market rent, enhancing immediate cash flow potential. The remaining units are tenant occupied; however, Unit B will be vacating shortly, and the unit will be updated with new carpet and paint. Kitchen and baths have already been remodeled. Tenants pay their own utilities, including garbage service, which helps keep operating expenses predictable and favorable for the owner. Location Benefits: This property is positioned in a high demand area of Raleigh, close to major employment hubs, universities, medical centers, and retail corridors. Raleigh's strong population growth and rental demand contribute to stable occupancy and competitive rents. The corner lot placement also provides easy access and visibility, adding long term value for both renters and investors. With its updates, efficient layout, tenant paid utilities, and prime location, this property is a compelling addition to any rental portfolio--designed for durability, consistent occupancy, and strong income performance.

Full Property Details for 4632 Kilcullen Dr

General

  • Price: $764,950
  • HOA FEE: $2,446
  • Taxes: $5,421 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: 2218
  • MLS ID: 10196123
  • Updated: 10/1/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Lease/Rent Term: Month To Month

Interior

  • Interior Features: Bathtub/Shower Combination, Breakfast Bar, Crown Molding, Granite Counters, Recessed Lighting, Stone Counters
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Decorative, Living Room, Metal
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Range, Free-Standing Refrigerator, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
  • Flooring: Carpet, Luxury Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Other Rooms

  • Laundry: In Unit, Laundry Closet, Washer Hookup

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior

  • Porch/Patio/Deck: Covered, Front Porch, Porch

Parking

  • Total Spaces: 8
  • Parking Features: Asphalt, Assigned

Location

  • County: Wake
  • Subdivision: Pepperdine

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric, Exhaust Fan, Separate Meters
  • Heating Type: Forced Air
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Sewer Connected

Structural Information

  • # Buildings: 1
  • Structure Type: Multi Family, Quadruplex
  • Exterior Const.: Blown-In Insulation, Frame, Masonite
  • Roof: Composition
  • Common Walls: 2+ Common Walls, End Unit, No Common Walls
  • Windows: Blinds, Double Pane Windows, Screens
  • Stories/Levels: 2
  • Building Size: 4192
  • Square Feet: 4,192
  • Living Area: 4,192 Sq. Ft.
  • Finished Above Grnd: 4,192 Sq. Ft.
  • Year Built: 1983

Unit Information

  • Units in Building: 4

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,810
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Lot Features: Corner Lot, Few Trees, Landscaped
  • Zoning: RX-3
  • Fencing (Description): None

Financial Considerations

  • Maint. Fee/Month: $2,446
  • Tax Amount: $5,421.45
  • Tax Year: 2026
  • Terms: Conventional, 1031 Exchange
  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Pest Control, Repairs, Roof Maintenance, Taxes
  • Tenant Pays: All Utilities, Cable TV, Gas, Hot Water, Trash Collection

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 172617027085000 0128088
  • Lot Number: 18

Listed by Parker James Properties LLC, Myron Von Raesfeld (408) 472-4025

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Listing agent

— 4632 Kilcullen Dr —

  • Myron Von Raesfeld

    Parker James Properties LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4632 Kilcullen Dr

School District:Wake County Schools
NameGradesDistance
Lynn Road Elementary
1601 Lynn Road, Raleigh, NC 27612
PK-54.6 mi
Carroll Middle
4520 Six Forks Road, Raleigh, NC 27609
6-82.8 mi
Sanderson High
5500 Dixon Drive, Raleigh, NC 27609
9-123.3 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 4632 Kilcullen Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2026
Listed
$764,950
73.85%
MLS
8/08/2019
Sold
$440,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4632 Kilcullen Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,204
—
$587,553
—
2024
$5,183
14%
$587,553
43%
2023
$4,566
8%
$411,515
—
2022
$4,247
4%
$411,515
—
2021
$4,084
2%
$411,515
—
2020
$4,011
9%
$411,515
33%
2019
$3,671
6%
$309,849
—
2018
$3,465
5%
$309,849
—
2017
$3,303
2%
$309,849
—
2016
$3,237
-3%
$309,849
-1%
2015
$3,326
5%
$313,458
—
2014
$3,158
7%
$313,458
—
2013
$2,953
—
$313,458
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Parker James Properties LLC, Myron Von Raesfeld (408) 472-4025

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4632 Kilcullen Drive, Raleigh, NC 27604 (MLS# 10196123) is a Multi-Family property with 4 units containing 0 bedrooms and 4 full bathrooms. 4632 Kilcullen Drive is currently listed for $764,950 and was received on October 01, 2026. Want to learn more about 4632 Kilcullen Drive? Do you have questions about finding other Multi-Family real estate for sale in Oberlin Village? You can browse all Oberlin Village real estate or contact a Coldwell Banker agent to request more information.

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