Active

2808 Marion Road

Raleigh NC, 27610

$2,500,000


$744.05 per sqft

Active

10 Beds

10 Baths

3,360 sqft

Multi-family

Built in 2024

Listing courtesy of Compass -- Raleigh

An exceptional development opportunity awaits! Three contiguous lots spanning over 1.5 acres are now available for sale, offering both immediate income and long-term growth potential. The offering includes a newly constructed 10-room / 10-bath duplex, set for completion in December 2024, with projected rental income exceeding $6,500 per month. The sale comprises three parcels:
512 Rush St. (Lot 7A), 2806 Marion Road (Lot 7B), and 2808 Marion Road (Land / Lot 8X).
Developers can buy and hold, generating immediate rental income, or further capitalize on the potential by adding additional structures. For more details, refer to MLS#: 10047059 (516 Rush St.). Owner financing is available, making this a prime opportunity for investors.

10047059

MLS ID

August 15, 2024

Listed

October 2, 2024

Updated

Map

2808 Marion Road
Raleigh NC, 27610

Interior Features

Total Stories

2


Bedrooms

10


Total Bathrooms

10


Full Bathrooms

10


Appliances

Electric Water Heater, Exhaust Fan, Free-Standing Electric Range, Refrigerator


Floor Description

Simulated Wood, Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

ENERGY STAR Qualified Equipment, Heat Pump


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

1.18 Acres


Architectual Style

A-Frame


Roof

Shingle


Sewer

Public Sewer

School Information

High School

Wake - Middle Creek


Elementary School

Wake - Smith

Other Property Details

Taxes

$1,693


Tax Frequency

Annually


Days on Market

39


Garage

No


View

Yes


County

Wake


Water Source

Public


Pool

No

Listed by Marianne Mansour, , Compass -- Raleigh

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Data last updated 12:48 AM UTC, 10/2/2024

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