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Kharmika Alston

kharmika@livelovedurham.com +1(919) 672-4905

Listed by Compass -- Cary

$ 1,270,000

Est. payment | -/mo

6 Beds

8 Baths

4,080 SqFt

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$ 1,270,000

Est. payment | -/mo

Save

6 Beds

8 Baths

4,080 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,080 sqft

Price per Sqft $311

Subdivision College Park

MLS Listing ID 10135868

Bedrooms 6

Full Baths 4

Half Baths 4

HOA Y/N No

Year Built 2025

Annual Tax Amount $2,695

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Duplex

Source Doorify MLS

Land Area 4080

Property Description

Priced at $1,270,000 per duplex, with the opportunity to purchase both for $2,540,000, 1508 and 1510 Boyer Street offer a unique combination of immediate income, flexibility, and long-term investment potential. Together, the four units are currently generating average gross rents of more than $13,000 per month. Built in 2025, each duplex features two thoughtfully designed units with an established rental strategy already in place. One unit in each building is secured by a long-term lease, providing consistent income from day one. The second unit in each building is fully furnished and operating as a successful short-term rental through Airbnb, with a strong track record and continued growth. Furnishings may convey, offering the opportunity for a truly turnkey investment. The flexibility is what sets these properties apart. Continue the existing mix of long-term and short-term rentals, live in one unit while generating income from the others, or purchase both buildings and control all four units. With new construction and multiple income streams already established, the heavy lifting has been done. Boyer Street is also positioned in an area seeing substantial growth and investment. Located near Raleigh's planned Bus Rapid Transit corridor and convenient to Downtown Raleigh, the properties benefit from continued public and private investment throughout Southeast Raleigh, supporting both rental demand and long-term appreciation potential. Whether purchased individually or together, 1508 and 1510 Boyer Street offer the rare opportunity to acquire newer construction with established income, multiple rental strategies, and flexibility for the future.

Location

State NC

County Wake

Community College Park

Area 0.1

Interior

Cooling Central Air

Flooring Carpet, Luxury Vinyl, Tile

Fireplace No

Exterior

Parking Features Attached

Roof Type Shingle, Membrane

Garage Yes

Building

Story Three Or More

Foundation Slab

Water Public

New Construction No

Schools

Elementary Schools Wake - Powell Elementary

Middle Schools Wake - Ligon Middle

High Schools Wake - Needham Broughton High

Others

Senior Community No

Tax ID 171306398324000 0487227

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(919) 672-4905

kharmika@livelovedurham.com

600 Park Offices Drive, 350, Durham, North Carolina 27709, USA

1508 Boyer ST Raleigh, NC 27610

Kharmika Alston

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1508 Boyer ST