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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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720 Oakwood Ave , Raleigh, NC 27601
$1,950,000
Est. Payment: $10,048.75/mo
6 Bed
8 Bath
4390 Sqft
Status: active | Days on site: 101
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Modern design. Prime location. Elevated living and investment opportunity inside Raleigh's Historic Oakwood corridor. This newly constructed duplex scheduled to be completed by the end of July offers over 4,300 square feet of intentional design across two thoughtfully crafted residences, just minutes from Downtown Raleigh. Clean architectural lines, a striking two-tone exterior, and curated finishes create a cohesive and elevated presence from the moment you arrive. Each unit is designed for how today's buyers and tenants live. Light-filled open layouts center around statement kitchens featuring large islands, custom cabinetry, premium countertops, and full appliance packages. The living and dining areas flow seamlessly, delivering functional spaces ideal for both everyday living and entertaining. Upstairs, both residences feature spacious primary suites designed as private retreats, complete with spa-style baths, walk-in showers, dual vanities, and generous closet space. Secondary bedrooms in each unit include access to private baths, offering flexibility for guests, work-from-home setups, or strong rental appeal. Additional highlights include: • Two units | Each ~2,195 sqft (Total ~4,390 sqft) • Each unit offers 3 bedrooms | 3.5+ baths • Attached garages • Multiple levels of living with abundant natural light • Ideal for owner-occupants, investors, or multi-generational living Positioned in one of Raleigh's most sought-after areas, this property provides immediate access to Historic Oakwood, Downtown, dining, coffee, and greenway connections. A rare opportunity to own a full duplex in a high-demand location--offering flexibility, income potential, and long-term upside.

Highlights

Listed by Jason Queen , 919-606-2905 and James Derrick Ivory , 252-350-3789 Monarch Realty Co. , 919-606-2905. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family

Lot/Acreage
0.09

HOA Fee

244.67 Monthly

Year Built

2026

County

Wake

Neighborhood

Not in a Subdivision

Listing ID

10161702

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:8
  • Full Bathrooms:6
  • 1/2 Bathrooms:2
Appliances:Built-In Gas Range, Dishwasher, Microwave, Range Hood, Refrigerator, Wine Refrigerator
Air Cond:Central Air
Fireplaces:
Floor:Simulated Wood,Tile
Above Ground Sq Ft:4390
Below Ground Sq Ft:0
Other:Crown Molding,Double Vanity,High Ceilings,Kitchen Island,Pantry,Recessed Lighting,Second Primary Bedroom,Walk-In Closet(s),Walk-In Shower
Other:Public

Exterior Features

Zoning:R-10
Roof:Metal,Shingle
Others:Balcony,Private Yard,Covered,Front Porch,Patio,Porch
Sewer:Public Sewer
Parking Features:Attached,Driveway,Garage,Garage Faces Front

Open House

Upcoming Open Houses
Tuesday 11:00 am - 1:00 pm Aug 4
Saturday 1:00 pm - 3:00 pm Aug 8
Principal Interest
$10,049
Taxes
$321
HOA
$245

Home Price

$1,950,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$390,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,048.75

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $10,048.75 $320.98 $244.67 $10,614.40
Yearly $120,585.02 $3,851.73 $2,936.04 $127,372.79
Total $3,617,550.52 $115,551.90 $88,081.20 $3,821,183.62

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-01T23:27:03.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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