MLS# 10047059 – 2808 Marion Road, Raleigh, NC 27610

$2,500,000 - 10Br/10Ba - for Sale in Home Acres, Raleigh
Price: $2,500,000
Beds: 10
Baths: 10
Living Area SqFt: 3,360
Status: Active
Property Type: Duplex
Lot Size Acres: 1.18
Lot Size SqFt: 51,400
Year Built: 2024
Neighborhood: Home Acres
Days on Website: 101

Courtesy of Compass — Raleigh, Marianne Mansour.

Property Description

An exceptional development opportunity awaits! Three contiguous lots spanning over 1.5 acres are now available for sale, offering both immediate income and long-term growth potential. The offering includes a newly constructed 10-room / 10-bath duplex, set for completion in December 2024, with projected rental income exceeding $8,500 per month. The sale comprises three parcels: 512 Rush St. (Lot 7A), 2806 Marion Road (Lot 7B), and 2808 Marion Road (Land / Lot 8X). Developers can buy and hold, generating immediate rental income, or further capitalize on the potential by adding additional structures. For more details, refer to MLS#: 10047059 (516 Rush St.). Owner financing is available, making this a prime opportunity for investors.

Property Details and Features

  • Appliances & Equipment
  • Appliances: “Electric Water Heater”, “Exhaust Fan”, “Free-Standing Electric Range”, “Refrigerator”
  • Bathrooms
  • 10 full bathrooms
  • 10 total bathrooms
  • 10 total bathrooms
  • Bedrooms
  • 10 bedrooms
  • Building
  • Building Area Total: 3360
  • Building Area Units: Square Feet
  • Construction Materials: “Vinyl Siding”
  • Living Area Units: Square Feet
  • Living Area: 3360
  • Year Built: 2024
  • New Construction
  • Cooling
  • Cooling: “ENERGY STAR Qualified Equipment”, “Heat Pump”
  • Cooling Included
  • Floors
  • Flooring: “Simulated Wood”, “Tile”, “Vinyl”
  • Foundation
  • Foundation Details: “Concrete Perimeter”
  • Heating
  • Heating: “Heat Pump”
  • Heating Included
  • Listing
  • Days On Market: 99
  • Location
  • Subdivision Name: Home Acres
  • Lot
  • Lot Size Acres: 1.18
  • Lot Size Area: 1.18
  • Lot Size Square Feet: 51400.8
  • Lot Size Units: Acres
  • Parcel Number: 7B
  • Parking
  • Open Parking
  • Property
  • Property Sub Type: Duplex
  • Attached Property
  • Roof
  • Roof: “Shingle”
  • Schools
  • High School: Wake – Middle Creek
  • Middle Or Junior School: Wake – North Garner
  • Elementary School: Wake – Smith
  • Sewer
  • Sewer: “Public Sewer”
  • Taxes
  • Tax Annual Amount: 1693
  • Utilities
  • Water Source: “Public”

Property Map

$2,500,000 – 2808 Marion Road, Raleigh, NC 27610

Street View

Nearby Schools

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