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740 Quarry St, Raleigh, NC, 27601

2beds
2baths
936sqft
$435,000
$465price/sqft
$2,823/moest. monthly cost
$112,920/yrincome needed

About This Home

Discover a rare investment opportunity in the heart of Downtown Raleigh! This fully updated duplex offers turnkey convenience with modern finishes, stainless steel appliances, and stylish furnishings throughout. Currently operating as a successful Airbnb with consistent bookings, this property is perfect for investors searching for immediate cash flow. Both units feature a super cozy layout, abundant natural light, and thoughtful upgrades. Major systems—including the roof and HVAC (2024)—have already been taken care of, giving you peace of mind for years to come. Enjoy a spacious backyard, ideal for entertaining, relaxing, or adding future enhancements. With its unbeatable downtown location, you're just steps from Raleigh's best dining, entertainment, and attractions. Whether you're expanding your portfolio or looking for a high-performing short-term rental, this duplex stands out as a truly exceptional find.

Getting Around

50
WalkingSomewhat Walkable
54
TransitGood Transit
59
BikeBikeable

Schools

8/10
Hunter Elementary SchoolGrades PK-50.4 mi
7/10
Ligon MiddleGrades 6-80.2 mi
7/10
William G Enloe HighGrades 9-121.5 mi

Construction

Condition

  • Year built: 1948

Materials

  • Foundation: Concrete,Block
  • Roof: Shingle
  • Construction materials: Block,Concrete

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Oven,Electric Water Heater,Microwave,Refrigerator,Stainless Steel Appliance(s),Washer/Dryer Stacked
  • Laundry features: In Unit,Laundry Closet

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bar,Breakfast Bar,Granite Counters,Open Floorplan,Smart Camera(s)/Recording,Smooth Ceilings,Walk-In Shower
  • Flooring: Laminate
  • Finished area below ground: 0
  • Finished area above ground: 936
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ductless

Interior Area

  • Total structure area: 936
  • Total interior livable area: 936 sqft

Property

Details

  • Parcel number: 171313145980000 0001529
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch
  • Exterior features: Private Entrance,Private Yard,Smart Lock(s)
  • Fencing: Chain Link, Partial, Wood
  • Has view: Yes

Lot

  • Lot size: 7,405 sqft
  • Features: Back Yard,City Lot,Cleared,Front Yard

Parking

  • Total spaces: 2
  • Parking features: Aggregate,Driveway,Gravel
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2