Pepperdine Real Estate

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Newest Listings in Pepperdine

$789,950

8 Beds ⋅ 8 Baths ⋅ 10188603 MLS ⋅ ACTIVE Status

Excellent opportunity to acquire a strong incomeproducing quadplex in a centrally located Raleigh submarket. All four HVAC systems have been replaced within the past six years, significantly reducing nearterm capital expenditures. Each unit is clean, wellmaintained, and nicely updated, supporting stable tenant demand. Two units were recently vacated and are in the process of being released at $1,500 per month, bringing the property to a projected gross annual income of $72,000 once fully stabilized. The building sits at the end of a quiet culdesac, offering added privacy and appeal for renters. With quick access to Capital Blvd and major Raleigh employment centers, this location consistently delivers strong rental performance and historically low vacancy rates. For investors seeking a cashflowing, mechanically updated asset with clear rentgrowth potential, 4300 Presley Ct is a compelling addition to any portfolio.

4300 Presley Ct Court, Unit A, B, C, D, Raleigh

$775,000

8 Beds ⋅ 12 Baths ⋅ 10187813 MLS ⋅ ACTIVE Status

Raleigh quadplex with income in place and opportunity to capture current market rents! Two of the four 2-bedroom units are currently leased, including Unit A at $1,400/month and Unit D on a newly signed 2-year lease at $1,650/month. Incredible current market rate! The two remaining units are vacant, giving the next owner the flexibility to select their own tenants and lease at current market rates. Significant improvements have been completed since 2022, including new siding, windows, exterior doors, gutters, updated exterior plumbing, drainage improvements, and refreshed porches. 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. Renovated Unit C features LVP throughout and is ready for its next occupant, while Unit B offers additional value-add potential for the next owner. With existing rental income, a newly secured 2-year lease, two vacant units ready for the next leasing strategy, and substantial improvements already completed, 4304 Presley Court offers an attractive combination of stability and upside for its next investor. See attached improvements list for additional details.

4304 Presley Ct, Raleigh

$799,950

8 Beds ⋅ 8 Baths ⋅ 10163045 MLS ⋅ ACTIVE Status

Updated Quadruplex in Prime Raleigh Location with Strong Cash Flow Potential Outstanding investment opportunity in the heart of Raleigh. This well maintained quadruplex sits on a desirable corner lot at Kilcullen and Hoyle Dr., offering excellent access to major employers, shopping, parks, and transit corridors. Its central location supports consistent tenant demand and long term stability. All units have been thoughtfully updated or remodeled, providing a clean and modern living experience. Recent improvements include new windows throughout the building within the last five years, boosting energy efficiency and reducing long term operating costs. Ground level of each unit features durable LVP flooring, ideal for high traffic rental use. In addition each unit has 2 assigned off street parking spaces. Each unit offers a highly functional layout with two bedrooms, each with its own private bathroom area with toilet and sink. The bedrooms share a Jack and Jill shower/tub, a layout that maximizes privacy while keeping maintenance simple--an appealing feature for renters and a cost efficient setup for owners. Units A and D have just been rented at market rates, and both vacant units have been remodeled with new floor, paint, appliances and cabinets offering flexibility for an owner occupant or the ability to place a new tenant at market rent, enhancing immediate cash flow potential. The remaining units are tenant occupied; however, Unit B will be vacating shortly, and the unit will be updated with new carpet and paint. Kitchen and baths have already been remodeled. Tenants pay their own utilities, including garbage service, which helps keep operating expenses predictable and favorable for the owner. Location Benefits: This property is positioned in a high demand area of Raleigh, close to major employment hubs, universities, medical centers, and retail corridors. Raleigh's strong population growth and rental demand contribute to stable occupancy and competitive rents. The corner lot placement also provides easy access and visibility, adding long term value for both renters and investors. With its updates, efficient layout, tenant paid utilities, and prime location, this property is a compelling addition to any rental portfolio--designed for durability, consistent occupancy, and strong income performance. Listing agent will be selling three additional units in the area. All units are in similar condition to 4632 Kilcullen and will be listed after 4632 Sells. Owners will consider selling all properties together.

4632 Kilcullen Dr, Raleigh

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .