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Active
$749,900 Est. $5,167/mo — Get pre-qualified
8beds 8baths 4,172sq ft 0.48acres

4304 Presley Court · Raleigh, NC 27604

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Raleigh quadplex with immediate cash flow and opportunity for additional rental income! Three of the four 2-bedroom units are currently leased, including Unit A at $1,400/month, Unit C with a newly signed lease at $1,430/month, and Unit D on a newly signed 2-year lease at $1,650/month. Unit B is currently undergoing final cosmetic updates and will be ready for tenant placement, giving the next owner the opportunity to bring the property to full occupancy at current market rents. Significant improvements have been completed since 2022, including new siding, windows, exterior doors, gutters, updated exterior plumbing and drainage improvements. Interior renovations throughout the property include updated kitchens, stainless steel appliances, LVP flooring, plumbing and electrical updates, newer HVAC systems, and additional cosmetic improvements. Each unit features 2 bedrooms with a unique layout offering each bedroom its own private sink and toilet area with a shared connecting tub/shower. With three units leased, including a newly secured 2-year lease, substantial improvements already completed, and additional rental income potential in Unit B, 4304 Presley Court offers an attractive combination of existing cash flow, stability, and upside for its next investor. See attached improvements list for additional details.

Features & Amenities

Living Area4,172 Sq.Ft.
Bedrooms8
Baths8
HeatingElectric, Heat Pump
CoolingElectric, Heat Pump
FlooringCarpet, Luxury Vinyl, Tile
FireplaceNo
StyleTransitional
Year Built1983
ConstructionVinyl Siding
RoofShingle
FoundationSlab
ParkingAsphalt, Assigned
StatusActive
Lot Size0.48 Acres
SubdivisionPepperdine
CountyWake
Property TypeResidential Income
Property SubTypeQuadruplex
Last UpdatedOct 5, 2026
SewerPublic Sewer
Water SourcePublic
HOANo
ElementaryWake - Lynn Road Elementary Elementary School
MiddleWake - Carroll Middle Middle School
HighWake - Sanderson High High School
Presented By: EXP Realty LLC; 888.584.9431; nc.raleigh@exprealty.net

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Oct 5, 2026 Price Reduced $775,000 → $749,900 ▾ $25,100 (3.2%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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