850 Athens Drive, Raleigh, NC 27606 - Photo 1

1/1

$545,000

Sold
Closed
Triplex
8 Beds
3 Full Baths
2,727 Sq. Ft.
0.55 Acres

1/1

Property Description

Rare opportunity for a classic brick 3-unit apartment building near downtown Raleigh and NC State University. Located on a 0.55 acre lot zoned R6. The building features two 3 bedroom, 1 bath units and one 2 bedroom, 1 bath unit. The 2 bed unit is currently empty to allow for showings with an asking price of $1200/month. Left unit (850) rents for $1350 & expires 1/31/2027. Right unit (854) rents for $1260 & expires 8/31/2026. Upside for the new owner includes possible redevelopment, light renovation of existing units to increase rent, and building an ADU, pending city approval and land use requirements. Or new investors have a chance to live in the empty unit while building equity. Regardless of your strategy don't miss out on the chance to stake your claim to Raleigh's ever-growing real estate market!

Full Property Details

Full Property Details for 850 Athens Dr

General

Sold For: $545,000
Taxes: $3,768
Status: Closed
Type: Triplex
Source: 2218
MLS ID: 10168019
Added to Site: 104 day(s) ago

Rental Information

Lease/Rent Term: 12 Months

Interior

Number of Rooms: 8
Appliances: Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
Flooring: Hardwood, Tile

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 8

Location

County: Wake
Subdivision: Not in a Subdivision
Driving Directions: From I40/US64 to Jones Franklin Rd. Exit 1C from 1440E/US1. Continue on Jnes Franklin Rd Drive to Athens Dr. Triplex is on the Right.
City Limits: Yes

School Information

Elementary School: Wake - Farmington Woods Elementary
Middle School: Wake - Martin Middle
High School: Wake - Athens Drive High

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Window Unit(s)
Heating Type: Electric, Radiant Floor

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Property Detached: Yes
Architectural Style: Traditional
Structure Type: Triplex
Exterior Const.: Brick
Roof: Shingle
Stories/Levels: 1
Building Size: 2727
Square Feet: 2,727
Finished Above Grnd: 2,727 Sq. Ft.
Year Built: 1965

Lot Features

Lot Size (Acres): 0.55
Lot Size (Sq. Ft.): 23,958
Zoning: R-6

Financial Considerations

Tax Amount: $3,768.22

Disclosures and Reports

Special Conditions: Standard
Property ID: 078306279698000 0010286
Lot Number: 78-81

Listed by Berkshire Hathaway HomeService, George Patrick III (919) 278-7420
Sold by Navigate Realty, Kristin Leonard

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Listing agent

— 850 Athens Dr —

George Patrick III

Berkshire Hathaway HomeService

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Schools

Schools serving 850 Athens Dr

School District:Wake County Schools

Name	Grades	Distance
Farmington Woods Elementary 1413 Hampton Valley Road, Cary, NC 27511	PK-5	3.4 mi
Martin Middle 1701 Ridge Road, Raleigh, NC 27607	6-8	3.1 mi
Athens Drive High 1420 Athens Drive, Raleigh, NC 27606	9-12	0.8 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 850 Athens Dr

Date

Details

Price

Change

Source

8/05/2026

Sold

$545,000

-9.02%

MLS

6/26/2026

Price Reduced

$599,000

-6.26%

MLS

6/09/2026

Price Reduced

$639,000

-3.03%

MLS

5/15/2026

Listed

$659,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 6 days ago

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Lots/Land
Active
Updated 12 hours ago

0.36
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Just Listed

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Single Family
Active
Updated 7 hours ago

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Beds
2
Total Baths

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Updated 1 day ago

3
Beds
3
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Price Reduced

-$1,000 (-0.38%)

$264,000

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Active
Updated 1 day ago

3
Beds
3
Total Baths

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Updated 1 day ago

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Price Reduced

-$920 (-0.19%)

$473,670

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Single Family
Active
Updated 1 day ago

5
Beds
3
Total Baths

Listed by Meritage Homes of the Carolina, La Sonda Stasinopoulos

5061 Lundy Dr, Raleigh, NC 27606 - Photo 1

Sold

$516,000

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Condo
Closed

3
Beds
4
Total Baths

Listed by Compass -- Raleigh, Johnny Chappell and Compass -- Raleigh, Laura Catherine Guld
Sold by Compass -- Raleigh, Johnny Chappell

Sold

$516,000

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Condo
Closed

3
Beds
4
Total Baths

Listed by Compass -- Raleigh, Johnny Chappell and Compass -- Raleigh, Laura Catherine Guld
Sold by Compass -- Raleigh, Johnny Chappell

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Sold

$519,000

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Townhouse
Closed

3
Beds
4
Total Baths

Listed by Compass -- Raleigh, Johnny Chappell and Compass -- Raleigh, Laura Catherine Guld
Sold by Non Member Office, Non Member

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Sold

$505,000

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Townhouse
Closed

3
Beds
4
Total Baths

Listed by Compass -- Raleigh, Johnny Chappell and Compass -- Raleigh, Laura Catherine Guld
Sold by Keller Williams Elite Realty, Kristine Cuddy

850 Athens Drive, Raleigh, NC 27606 (MLS# 10168019) is a Triplex property that was sold at $545,000 on August 05, 2026. Want to learn more about 850 Athens Drive? Do you have questions about finding other Triplex real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

850 Athens Dr Raleigh, NC 27606

Full Property Details for 850 Athens Dr

General

Rental Information

Interior

Rooms

Bathrooms

Bedrooms

Location

School Information

Heating & Cooling

Utilities

Structural Information

Lot Features

Financial Considerations

Disclosures and Reports

Listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 850 Athens Dr

Price & Sales History for 850 Athens Dr

Just Listed near 850 Athens Dr

238 Snowfield Dr Garner, NC 27529

0 Rand Mill Rd Garner, NC 27529

208 Muirfield Ridge Dr Garner, NC 27529

1300 Lakeside Dr Garner, NC 27529

Price Reduced near 850 Athens Dr

329 Parker St #19 Garner, NC 27529

139 Flowering Maple Wy #276 Garner, NC 27529

124 Oyster Ln #22 Garner, NC 27529

764 Red River Dr Garner, NC 27529

Recent Sales near 850 Athens Dr

5061 Lundy Dr #102 Raleigh, NC 27606

5061 Lundy Dr #101 Raleigh, NC 27606

5057 Lundy Dr #102 Raleigh, NC 27606

5053 Lundy Dr #101 Raleigh, NC 27606