About 419 Rose Lane
Welcome to this 6-unit multi-family investment opportunity in Raleigh. Situated on just over an acre, the property consists of three brick duplexes that are fully leased and producing income today. Zoned R-6, it offers a rare combination of cash flow and redevelopment potential, with the opportunity for future townhome redevelopment. Investors can choose to hold and optimize the existing rentals, phase in new construction while maintaining income, or pursue a full redevelopment strategy. Surrounded by new builds selling between $450K-$600K and located only minutes from Downtown Raleigh, this property presents multiple exit strategies and long-term upside in one of the city's fastest-growing corridors.
Features of 419 Rose Lane
MLS® # | 10126233 |
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Price | $1,200,000 |
Square Footage | 5,448 |
Acres | 1.05 |
Year Built | 1959 |
Type | Commercial Sale |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 419 Rose Lane |
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Subdivision | Rosemont Gardens |
City | Raleigh |
County | Wake |
State | NC |
Zip Code | 27610-3667 |
Amenities
Utilities | Electricity Connected, Sewer Connected, Water Connected |
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Features | Primary Walk-In Closet(s) |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | Bathtub/Shower Combination, Ceiling Fan(s), Kitchen/Dining Room Combination, Open Floorplan, Walk-In Closet(s) |
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Appliances | Dishwasher, Electric Oven, Electric Range, Exhaust Fan, Microwave, Tankless Water Heater, Washer/Dryer |
Heating | Electric, Forced Air |
Cooling | Central Air, Window Unit(s) |
Fireplace | No |
# of Stories | 1 |
Has Basement | Yes |
Basement | Crawl Space |
Exterior
Exterior Features | Fenced Yard, Private Yard, Rain Gutters, Storage |
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Lot Description | Back Yard, Cleared, Few Trees, Front Yard, Level |
Roof | Shingle |
Construction | Brick |
Foundation | Raised |
Additional Information
Date Listed | October 7th, 2025 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | United Real Estate Triangle |
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