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$1,200,000
19 Days On Site

419 Rose Lane
Raleigh, NC 27610

For Sale|Multi Family|Active
0
Beds
0
Total Baths
5,448
SqFt
$220
/SqFt
1959
Built
Subdivision:
Rosemont Gardens
County:
Wake

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419 Rose Lane419 Rose Lane419 Rose Lane419 Rose Lane
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Welcome to this 6-unit multi-family investment opportunity in Raleigh. Situated on just over an acre, the property consists of three brick duplexes that are fully leased and producing income today. Zoned R-6, it offers a rare combination of cash flow and redevelopment potential, with the opportunity for future townhome redevelopment. Investors can choose to hold and optimize the existing rentals, phase in new construction while maintaining income, or pursue a full redevelopment strategy. Surrounded by new builds selling between $450K-$600K and located only minutes from Downtown Raleigh, this property presents multiple exit strategies and long-term upside in one of the city's fastest-growing corridors.

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Listing Snapshot
Price 
$1,200,000
Days On Site 
19 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,448 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.05 Acres
Year Built 
1959
MLS® Number 
10126233
Status 
Active
Property Tax 
$6,137.25
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Acres 
1.05
Foundation 
Raised
Lease Term 
Negotiable
Number Of Stories 
1
Parking 
Paved
Parking Spaces 
12
Property Condition 
Updated/Remodeled
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)Varies By Unit
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5448
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherElectric OvenElectric RangeExhaust FanMicrowaveTankless Water HeaterWasher/Dryer
Basement 
Crawl Space
Cooling 
Central AirWindow Unit(s)
Flooring 
Vinyl
Heating 
ElectricForced Air
Interior 
Ceiling Fan(s)Open FloorplanWalk-In Closet(s)
Laundry Features 
In UnitInside
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Exterior Features
Construction Details 
Brick
Exterior 
Private YardRain GuttersStorage
Fencing 
Back YardChain LinkFenced
Lot Features 
ClearedWoodedBack YardFew TreesFront YardLevel
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventionalOwner Pay Points1031 Exchange
Roads 
GravelPaved
Listing courtesy of Natalie Pearse of United Real Estate Triangle



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-10-27 04:24 PM UTC

Neighborhood & Commute
Source: Walkscore
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