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$775,000
New Listing
720 S State StreetRaleigh, NC 27601
For Sale|Triplex|Active
11
Beds
12
Total Baths
12
Full Baths
5,040
SqFt
$154
/SqFt
2008
Built
Subdivision:
Watsons Lands
County:
Wake
Call Now: (919) 605-7569
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(919) 605-7569
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Monthly Payment (Est.)
$3,536Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Opportunity is knocking, and it's already collecting rent. Amazing opportunity to own a Triplex located near Downtown Raleigh. Three fully leased units, minutes from downtown Raleigh, with $5,670/month in combined income ($68,040/year) already in place with leases into 2027. Unit 101: 4BR/4BA at $1795/mo. Unit 102: 4BR/4BA at $1,795/mo. Unit 103: 3BR/4BA at $1,695/mo. Bring your calculator and your offer Opportunities like this do not last long! Tenant occupied. Do not disturb tenants. Also check out building 718 S State St
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Listing Snapshot
Price
$775,000
Days On Site
0 Days
Bedrooms
11
Inside Area (SqFt)
5,040 sqft
Total Baths
12
Full Baths
12
Partial Baths
N/A
Lot Size
0.18 Acres
Year Built
2008
MLS® Number
10188078
Status
Active
Property Tax
$6,340.12
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 16 hours ago | Listing updated with changes from the MLS® | |
| 19 hours ago | Listing first seen on site |
General Features
Acres
0.18
Foundation
Concrete Perimeter
Lease Term
12 Months
Levels
Two
Parking
Parking Lot
Property Sub Type
Triplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
5040
SqFt Total
5040
Water Source
Public
Zoning
R-10
Interior Features
Appliances
Electric RangeRefrigerator
Basement
Concrete
Cooling
Central Air
Flooring
Vinyl
Heating
Forced AirNone
Laundry Features
In Unit
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Exterior Features
Construction Details
Vinyl Siding
Roof
Shingle
Community Features
Financing Terms Available
CashConventional
Schools
School District
Unknown
Elementary School
Wake - Hunter Elementary
Middle School
Wake - Ligon Middle
High School
Wake - William G Enloe High
Listing courtesy of Stephanie Anson of Northside Realty Inc.
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2026-08-22 10:14 PM UTC
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2026-08-22 10:14 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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