419 Rose Lane, Raleigh, NC

$1,200,000

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5,448

Square feet

1.05

Acres

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
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
Subdivision Rosemont Gardens
City Raleigh
County Wake
State NC
Zip Code 27610-3667

Amenities

Utilities Electricity Connected, Sewer Connected, Water Connected
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)
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
Lot Description Back Yard, Cleared, Few Trees, Front Yard, Level
Roof Shingle
Construction Brick
Foundation Raised

Additional Information

Date Listed October 7th, 2025
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeUnited Real Estate Triangle

Listing Map

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