Raleigh Multifamily for Sale - West Raleigh
Fully leased new construction investment opportunity in Raleigh's Wrenwood community featuring one building comprised of two side-by-side townhome residences. Unit 101 is leased at $3,195/month through October 17, 2026, and Unit 102 is leased at $2,995/month through June 15, 2027, providing immediate stabilized income totaling $6,190 per month ($74,280 annually). Each home offers approximately 2,400 square feet across three levels with 3 bedrooms, 3.5 baths, open-concept living spaces, attached garages, and contemporary finishes throughout.
Ideally positioned between Downtown Raleigh and Cary, Wrenwood benefits from strong rental demand and convenient access to Fenton, Lake Johnson Park, NC State University, Downtown Raleigh, and RTP. Recent rental-ready improvements include blinds, refrigerator, washer, and dryer, creating a truly turnkey, low-maintenance investment opportunity. All construction is complete and fully occupied, making this an attractive long-term hold in one of Raleigh's strongest growth corridors.