12 days on rocket

2824 Providence Rd, Raleigh, NC, 27610

$1,175,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
5 Full Baths, 2 Partial
2,922 SqFt
$402/SqFt
Multi

Location

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2824 Providence Rd, Raleigh$1,175,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached Carport, Driveway, Garage, Garage Door Opener, Garage Faces Front, Shared Driveway
Year Built2023
HeatingHeat Pump
CoolingCentral Air, Multi Unit(s), Ceiling Fan(s)
MLS #10066115
Lot Size0.46 Acres
StatusActive

About 2824 Providence Rd

Exceptional Investment Opportunity: 3 Residential Units Just Minutes from Downtown Raleigh! This property offers a steady stream of income with a duplex and an ADU (Accessory Dwelling Unit), both fully occupied by tenants with leases in place until 5/1/25. The duplex units feature spacious, open-concept living areas on the first floor. The kitchens are beautifully designed with large islands, stainless steel appliances (refrigerators included), ceramic tile subway backsplashes, and sleek quartz countertops. A convenient half bath for guests and a one-car garage complete the main floor. Upstairs, each duplex unit offers three bedrooms, two full bathrooms, and a laundry closet in the hallway, with wood shelving in the closets for added storage. At the rear of the duplex is the ADU, which includes two bedrooms, one full bathroom, and a bright, open kitchen that flows into the living room with vaulted ceilings—creating a spacious and airy atmosphere. All units boast luxurious upgrades, including tile showers, stylish tile backsplashes, quartz countertops, high-end appliances, and modern fixtures. This is a prime opportunity to secure a well-maintained, income-generating property in a sought-after location. Additionally, you may qualify for up to $11,750 in lender credits with the use of our preferred lender. Don't miss out on this rare investment opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2023
  • Living Area: 2,922 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (919) 676-0600
  • Listing Agent: Ahmed Mustafa

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator, Stainless Steel Appliance(s)
  • Flooring Type: Carpet, Luxury Vinyl, Tile
  • Interior: Ceiling Fan(s), Kitchen Island, Open Floorplan, Quartz Counters, Recessed Lighting, Smooth Ceilings, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Porch/Covered

Parking Information:

  • Attached Garage: No
  • Parking: Attached Carport, Driveway, Garage, Garage Door Opener, Garage Faces Front, Shared Driveway

Lot Features

Lot Information:

  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Multi Unit(s), Ceiling Fan(s)

Other

Directions Information:

  • Directions: 40 East to exit 300. Right on Rock Quarry Rd. Left onto Rockwood Dr. Right onto Providence Rd. Home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,175,000
  • Price Per SqFt: $402/SqFt

Tax Information:

  • Annual Amount: $1,509
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

Med. Sold Price

$448.4K

Med. Price/SqFt

$234

Avg. Days On Market

42

# of Sold Homes

425

2824 Providence Rd vs Raleigh

12 DAYS ON ROCKET

-30 Days

$1,175,000

+$726.5K More

$402/SqFt

+$168 More

KEY TAKEAWAY

This property is $726.5K more than the Median Sold Price and $168/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Doorify MLS
  • MLS Number: #10066115

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (919) 676-0600
  • Listing Agent: Ahmed Mustafa

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 18, 2011Home Sold
$65,000
Jul 13, 2006Home Sold
$114,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,509$153,050
2020$1,481$153,050
2019$1,276$114,970
2018$1,216$114,970

History based on county public records data.

Payment Calculator

$5,932

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,589

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4340737
6
/10
  • Walnut Creek Elementary School

  • 2600 Sunnybrook Rd

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-4340738
6
/10
  • Barwell Road Elementary School

  • 3925 Barwell Rd

  • 1.47 miles

  • Public District Grades PK-5

school-card-donut-4340739
6
/10
  • Bugg Magnet Elementary School

  • 825 Cooper Rd

  • 1.74 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,839. The most common annual income of people living in Raleigh, NC is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesNorth CarolinaWake CountyRaleigh276102824 Providence Rd

This home is located at 2824 Providence Rd in Raleigh, NC and zip code 27610 in the Green Valley neighborhood. This 2,922 square foot home, which was built in 2023, sits on a 0.46 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $1,175,000.

In November 2024 more than 67 listings in Raleigh, NC were sold above the asking price. During the same period more than 101 listings were sold at asking price, while more than 257 were sold below. Between October 2024 and November 2024, Raleigh, NC real estate market has seen decrease in the number of listings by 9.7%. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $448,424.

From Rocket Homes Real Estate and based on county public records data.

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