404 E Edenton Street · Raleigh, NC 27601

Raleigh, NC 27601 · Historic Oakwood
ActiveQuadruplexHistoric OakwoodRaleigh TownshipWake County
$799,900
$218 / sq ftListed Jun 17, 2026

6
Bedrooms

5
Bathrooms

3,677
Square feet

0.1
Acres

1910
Year built
Historic OakwoodRaleigh TownshipWake CountyMLS 10174559

404 E Edenton StreetActive
$799,900 · 6 bd · 5 ba · 3,677 sf

Highlights

  • Gross Rental Income
  • Historic Oakwood Neighborhood
  • Minutes From Downtown Raleigh
  • Renovations And Improvements

About this home

Three of the four units are CURRENTLY LEASED, representing $4,075 in projected monthly gross rental income ($48,900 annually), with Unit 3 offering an opportunity for additional revenue. Unit 1 is leased at $1,475/month, Unit 2 is leased at $1,500/month, and Unit 4 is leased at $1,100/month.

Located in the heart of Raleigh's Historic Oakwood neighborhood! Minutes from Downtown Raleigh's restaurants, shopping, entertainment, and employment centers.

The property has undergone renovations and improvements while retaining the charm and character of its historic surroundings.

Whether you're looking to expand your investment portfolio, establish a long-term rental investment, or explore an owner-occupied investment opportunity, this property offers multiple possibilities in an established, desirable Raleigh location. Don't miss your chance to invest in Historic Oakwood!

Location

Raleigh Township · Wake County · Raleigh, NC

Property history

  1. Price decreasedSource: IDX Doorify MLS #10174559$799,900−$50,100 · −5.9%
  2. Price decreasedSource: IDX Doorify MLS #10174559$850,000−$29,000 · −3.3%
  3. Price decreasedSource: IDX Doorify MLS #10174559$879,000−$20,000 · −2.2%
  4. Listed for saleSource: IDX Doorify MLS #10174559$899,000

Nearby listings

Near 404 E Edenton Street · Raleigh, NC 27601

Status

Statuses-buttons
  • All
  • Sold (2)
Living area

Living Area

Price

Price

Date range

Date Range
Listings Nearby to Listing

404 E Edenton Street
Historic Oakwood · This home
$799,900
3,677
$218
6
1910
0.1
Active
Sep 26, 2026
615 New Bern Avenue
Not in a Subdivision
$390,000
2,134
$183
3
1983
0.11
Active
Oct 6, 2026
615 New Bern Avenue
Not in a Subdivision
$390,000
2,134
$183
0
1983
0.11
Active
Oct 6, 2026
409 Oakwood Avenue
Historic Oakwood
$795,000
2,585
$308
4
1876
0.16
Sold
Sep 22, 2026
612 Polk Street
Historic Oakwood
$700,000
2,056
$340
3
1905
0.13
Active
Sep 26, 2026
820-826 New Bern Avenue
515 Downtown
$999,000
2,169
$461
9
1957
0.34
Active
Oct 4, 2026

Showing 2 of 2 nearby listings

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What nearby homes sold for, the full listing history, the neighborhood numbers — that’s the homework we do on every home before you make a move.

  • Whether the asking price holds up, and what to offer
  • What it could become — staging, updates, and what they return
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Cameron Saemann
Cameron Saemann
Broker in Charge

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Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.

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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.