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Investment Highlights

  • Three new-construction, five-bedroom homes totaling approximately 8,734 SF
  • NO HOA
  • Inside-the-Beltline location with projected rents of $13,800–$15,600 monthly

Executive Summary

Rare opportunity to acquire three new-construction single-family homes in Oakway with NO HOA. Located inside the beltline in a modern cul-de-sac setting near Mordecai, Historic Oakwood and Downtown Raleigh, the portfolio includes 1005, 1012 and 1016 Addison Place, offering a combined 15 bedrooms, 12 bathrooms and approximately 8,734 square feet. Each home features a spacious, light-filled open-concept layout with contemporary architecture, designer finishes, oversized windows, a chef-inspired kitchen and inviting outdoor living space. Fenced backyards further enhance their appeal to families, pet owners and long-term renters. Offered at $3,148,000, the portfolio is projected to generate approximately $13,800–$15,600 in monthly rental income, or $165,600–$187,200 annually.

Property Facts

Price $3,148,000
Price / SF $939.70 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 3,350 SF
Total Land Area 0.34 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1005 Addison Pl, Raleigh, NC 27610 Multifamily 3,350 SF 2026 -
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  • Listing ID: 41920275

  • Date on Market: 8/28/2026

  • Last Updated:

  • Address: Oakway Raleigh SFH Portfolio, Raleigh, NC

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