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$530,000
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Property Description
Rare opportunity to own an updated duplex featuring both 725 and 727 Carolina, offering exceptional income-producing potential. Each unit features three bedrooms and has been thoughtfully renovated, creating an exceptional opportunity for investors seeking immediate rental potential and long-term appreciation. Extensive improvements completed in 2022 include fresh interior paint, updated flooring, kitchen cabinetry, quartz countertops, tile backsplashes, stainless steel appliances, renovated bathrooms, and durable luxury vinyl plank flooring throughout. Each residence also offers a private deck, easy-to-maintain landscaping, an extended driveway, and additional street parking. Whether you're looking to expand your portfolio, generate income from both units, or take advantage of the flexibility of living in one side while leasing the other, this turnkey property offers outstanding possibilities. Conveniently located near shopping, dining, major highways, and downtown Raleigh amenities, this duplex presents an excellent opportunity to own an income-producing property in a desirable location. Rare opportunity to own an updated duplex featuring both 725 and 727 Carolina, offering exceptional income-producing potential. Each unit features three bedrooms and has been thoughtfully renovated, creating an exceptional opportunity for investors seeking immediate rental potential and long-term appreciation. Extensive improvements completed in 2022 include fresh interior paint, updated flooring, kitchen cabinetry, quartz countertops, tile backsplashes, stainless steel appliances, renovated bathrooms, and durable luxury vinyl plank flooring throughout. Each residence also offers a private deck, easy-to-maintain landscaping, an extended driveway, and additional street parking. Whether you're looking to expand your portfolio, generate income from both units, or take advantage of the flexibility of living in one side while leasing the other, this turnkey property offers outstanding possibilities. Conveniently located near shopping, dining, major highways, and downtown Raleigh amenities, this duplex presents an excellent opportunity to own an income-producing property in a desirable location.
Full Property Details
Full Property Details for 725/727 Carolina Ave
General
- Sold For: $530,000
- Taxes: $3,760 (2026)
- Status: Closed
- Type: Duplex
- Source: 2218
- MLS ID: 10185199
- Added to Site: 57 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Stone Counters
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Flooring: Carpet, Luxury Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Unit
Exterior
- Porch/Patio/Deck: Deck, Front Porch
Parking
- Parking Features: Driveway
Location
- County: Wake
- Subdivision: Carolina Heights
School Information
- Elementary School: Wake County Schools
- Middle School: Wake County Schools
- High School: Wake County Schools
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Duplex
- Exterior Const.: Brick, HardiPlank Type, Masonite
- Roof: Shingle
- Common Walls: 1 Common Wall
- Stories/Levels: 2
- Building Size: 1261
- Square Feet: 1,261
- Living Area: 1,261 Sq. Ft.
- Finished Above Grnd: 1,261 Sq. Ft.
- Year Built: 1985
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Zoning: R-6
Financial Considerations
- Tax Amount: $3,760.42
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
- Owner Pays: Other
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: Seller Licensed Real Estate Professional, Standard
- APN: 0783490764 0783490751
- Lot Number: 13/14
Listed and Sold by Keller Williams Elite Realty, Jeremy Cleveland (919) 412-2272
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Price & Sales History for 725/727 Carolina Ave
Date
Details
Price
Change
Source
9/01/2026
Sold
$530,000
-0.93%
MLS
8/08/2026
Listed
$535,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
725/727 Carolina Avenue, Raleigh, NC 27606 (MLS# 10185199) is a Duplex property that was sold at $530,000 on September 01, 2026. Want to learn more about 725/727 Carolina Avenue? Do you have questions about finding other Duplex real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

