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8029 Perry Creek Rd, Raleigh, NC, 27616

0beds
2baths
1,371sqft
$250,000
$182price/sqft
$1,736/moest. monthly cost
$69,440/yrincome needed

About This Home

Attn: Investors!! Don't miss this well maintained and fully occupied townhouse duo with NO HOA or yearly assessment fees! Located just minutes from Wake Tech Community College, local shopping, WRAL Soccer Park, and the bus line, these North Raleigh homes are a perfect location for rental properties! Note: Each unit sold separately. Unit 8029, a beautiful 3 bed 2 full bath TWNH, offers a first floor master w/full bath + second floor master w/ walk-in closet and full bath. Updates include a new roof (2024), a new electric water heater (2025), updated LVP flooring + carpet throughout (2025), SS appliances, and a private fenced backyard. This former duplex now TWNH, was subdivided in 2025 for individual resale and has additional 3 bed 2.5 bath attached unit (8031 Perry Creek) that is also for sale. Both townhomes are fully occupied! This is an excellent opportunity for new investors looking to start earning rental income or for those savvy and seasoned landlords desiring a turnkey portfolio. The list PRICE REFLECTS EACH UNIT. Property tax, assessed value, and acreage listed per unit as well. New survey uploaded in docs along with list of additional property improvements. Please do not disturb tenants! No sign on property at this time. NO seller financing. POF required before showing. Send all inquiries, POF, and offers to listing agent: Tanya Lynn Laton: tanya@blissoak.net, call/text 919-369-1540, or visit my website at www.blissoakrealty.com.

Getting Around

14
WalkingCar-Dependent
24
TransitMinimal Transit
29
BikeSomewhat Bikeable

Schools

6/10
4/10
8/10
Wakefield HighGrades 9-124.4 mi

Construction

Condition

  • Year built: 1986

Materials

  • Foundation: Brick/Mortar
  • Roof: Shingle
  • Construction materials: Masonite

Type & Style

  • Home type: Townhouse
  • Property subType: Duplex,Multi Family,Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Range,Range Hood,Refrigerator,Stainless Steel Appliance(s),Water Heater
  • Laundry features: Electric Dryer Hookup,In Hall,Main Level,Washer Hookup

Bedrooms & Bathrooms

  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Eat-in Kitchen,Master Downstairs,Second Primary Bedroom,Storage
  • Door features: French Doors
  • Window features: Blinds
  • Flooring: Carpet,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,371
  • Common walls with other units/homes: 1 Common Wall, End Unit, No One Above

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,371
  • Total interior livable area: 1,371 sqft

Property

Details

  • Parcel number: 173709271488000 0147091
  • Zoning: R-6
  • Special condition: Standard

Features

  • Levels: Bi-Level
  • Stories: 1
  • Patio & porch: Deck
  • Exterior features: Fenced Yard,Private Entrance,Private Yard,Rain Gutters,Storage
  • Fencing: Back Yard
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 8,712 sqft
  • Features: Back Yard,Front Yard,Level

Parking

  • Total spaces: 2
  • Parking features: Concrete

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance *$91$1,092
Property Taxes $181$2,172
Electricity $200$2,405
Total$1,736$20,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,520/yr
40% on housing$52,080/yr
45% on housing$46,293/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 27616$160
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27616$194
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$245,000
2026-07-29Listed for sale$250,000
2026-07-22Listing removed$1,650
2026-07-03Price change$1,650
2026-06-11Listed for rent$1,700
2026-05-08Listing removed$260,000
2026-03-22Pending sale$260,000
2026-01-09Price change$260,000
2025-12-12Listed for sale$285,000
2020-03-03Listing removed$1,275
2019-12-18Listed for rent$1,275
2016-10-14Sold$232,500

For Sale by Agent

AgentTanya Lynn Laton
BrokerageBliss & Oak Realty And Propert

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