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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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5333 Wayne St , Raleigh, NC 27606
$699,999
Est. Payment: $3,607.24/mo
8 Bed
8 Bath
3981 Sqft
Status: pending | Days on site: 22
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Investors, this one checks every box: location, income, and upside. Tucked right next to Lake Johnson Park, this quadplex puts tenants steps from 1.5 miles of unpaved trails, 2.8 miles of paved greenway, a nature preserve, and an outdoor swimming pool — the kind of lifestyle amenities that keep units filled and renters happy long-term. The Raleigh Greenway system connects directly from the property, and commuters will love the easy access to I-40, NC State, RDU International Airport, and Research Triangle Park. Each of the four units offers 2 bedrooms and 2 bathrooms, plus its own private deck — a layout that appeals to a wide range of renters, from students and young professionals to roommates and downsizers. All four units are currently on month-to-month leases, giving the new owner maximum flexibility to renovate one unit at a time while continuing to collect rental income throughout the process. This property is priced with that upside in mind — a rare chance to force appreciation through strategic upgrades in a location that's already in high demand. Whether you're looking to add a turnkey cash-flow property to your portfolio or want room to execute a value-add strategy at your own pace, this quadplex offers the location, layout, flexibility, and upside investors look for. Highlights: 4 units, each 2 bed / 2 bath with a private deck Steps from Lake Johnson Park & Raleigh Greenway system 1.5 mi unpaved trails + 2.8 mi paved trails right outside your door Access to nature preserve and outdoor pool Minutes to I-40, NC State, RDU, and RTP All 4 units on month-to-month leases — renovate unit by unit without losing income Priced to allow for capital improvements. Contact Listing Agent to schedule a showing/Tour!

Highlights

Listed by Aaron Moon , 919-906-6317 Keller Williams Elite Realty , 984-244-5830. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Multi-Family

Lot/Acreage
0.48

Year Built

1984

County

Wake

Neighborhood

Wayneridge

Listing ID

10178364

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:8
  • Full Bathrooms:8
Air Cond:Varies by Unit
Fireplaces:
Floor:Carpet,Vinyl
Above Ground Sq Ft:3981
Below Ground Sq Ft:0
Other:Dual Closets
Other:Public

Exterior Features

Lot:Few Trees
Zoning:R-10
Roof:Shingle
Others:Covered,Deck
Sewer:Public Sewer
Parking Features:Asphalt,Lighted
Principal Interest
$3,607
Taxes
$510

Home Price

$699,999

Loan Details

30 yrs
6.683%

Down Payment

20%
$140,000
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:
$3,607.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,607.24 $509.62 $0.00 $4,116.86
Yearly $43,286.87 $6,115.45 $0.00 $49,402.32
Total $1,298,606.02 $183,463.50 $0.00 $1,482,069.52

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: 2026-08-02T01:24:44.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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