$2,800,000
NEW CONSTRUCTION

1322 E Lenoir St Raleigh, NC 27610

Estimated payment $18,428/month

Total Views 75,961
18 Beds
24 Baths
9,936 Sq Ft
$282 Price per Sq Ft

Highlights

  • New Construction
  • Deck
  • Corner Lot
  • Open Floorplan
  • Contemporary Architecture
  • Quartz Countertops

About This Home

Searching for the unicorn opportunity that only comes along once in a blue moon? Look no further than the Lenoir Collection - an investor's dream come true. Conveniently located near the heart of Downtown Raleigh, this package sale includes 3 newly constructed, duet style buildings, offering 6 premium units in total. Each unit has been built with exquisite craftsmanship and offers 1,656 sq ft of prime investment potential. With a stunning modern design, beautiful quartz countertops, an open concept main living space, elegant LVP flooring throughout, amazingly fitted bathrooms, and massive windows allowing tons of natural light, you are greeted with luxurious finishes at every turn. Each unit boasts 3 amply sized bedrooms, 3.5 bathrooms, and comes fully equipped with high-end Samsung Refrigerators and Washers/Dryers. Unique in its design, each unit also offers dual primary suites - perfect for attracting high-caliber tenants who are looking to maximize space and comfort. Looking more for a short-term rental? These units also provide a plethora of avenues for those looking to increase their portfolio with AirBnB/VRBO options. Opportunities like this one are few and far between, so act fast to claim your stake in one of the most booming cities in the country.

*Seller is also open to selling buildings individually.*

Listing Agent

Johnny Chappell

Compass -- Raleigh License #267248

Compass -- Raleigh

Co-Listing Agent

Billy Hoffman

Compass -- Raleigh License #286451

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.26 Acre Lot
  • Property fronts a private road
  • No Units Located Below
  • No Unit Above or Below
  • 1 Common Wall
  • Private Entrance
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Interior Lot
  • Cleared Lot
  • Few Trees

Home Design

  • Duplex
  • Contemporary Architecture
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 9,936 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Storage
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 18 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Parking

  • 10 Parking Spaces
  • Tandem Parking
  • Gravel Driveway
  • On-Street Parking
  • 2 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters
  • Front Porch

Schools

  • Se Raleigh Elementary School
  • Centennial Campus Middle School
  • S E Raleigh High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 1314-1713360069;1318-1713360098;1322-1713361038

Property Details

Home Type

Multi-Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Year Built: 2024
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 9936.0
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Effective Year Built: 2024
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-05-24
  • Cooling Zoned: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Interior Features Shower Only: Yes
  • Laundry Features Laundry Closet: Yes
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • Foundation Details BrickMortar: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • General Property Information Above Grade Finished Area: 9936.0
  • Vegetation Cleared2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Fencing Wood2: Yes
  • Property Condition New Construction: Yes
  • General Property Information Number Of Units Total3: 6.0
  • Structure Type Duplex: Yes
  • General Property Information Lot Size Square Feet2: 11325.6
  • General Property Information Number Of Buildings2: 3.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Stories2: 3
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Renovated: 2024

Interior Features

  • Flooring: Luxury Vinyl, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Built-in Features, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Kitchen Island, Kitchen/Dining Room Combination, Living/Dining Room Combination, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Shower Only, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Basement YN: Yes
  • Full Bathrooms: 18
  • Half Bathrooms: 6
  • Total Bedrooms: 18
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Sidewalks: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Exhaust Fan: Yes
  • Interior Features:Recessed Lighting: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Private Entrance, Rain Gutters
  • Fencing: Wood
  • Acres: 0.26
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Construction Type: Fiber Cement
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Front Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Interior Lot: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Few Trees: Yes
  • Exterior Features:Private Entrance: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Concrete, Gravel, Off Street, On Site, On Street, Tandem
  • Total Parking Spaces: 10.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:On Site: Yes
  • General Property Information:Parking Total: 10.0
  • Parking Features:Tandem: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric, Forced Air
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - S E Raleigh
  • Middle Or Junior School: Wake - Centennial Campus

Lot Info

  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 1314-1713360069;1318-1713360098;1322-1713361038
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other

Tax Info

  • Tax Year: 2024

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • Elementary School: Wake - SE Raleigh

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 For Sale $2,800,000 +6.1% $282 / Sq Ft
08/20/2024 08/20/24 Sold $2,640,000 -2.2% $1,594 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $2,700,000 -- $1,630 / Sq Ft
Source: Doorify MLS

About the Listing Agent

Johnny Chappell

Compass -- Raleigh

(984) 374-1650

Section Image

Chappell has been one of the leading independent real estate firms in the Triangle. Led by top Triangle real estate broker and developer Johnny Chappell, the team has become closely associated with contemporary, new-construction development, and represents hundreds of buyers and sellers throughout the region. This expert team notably launched and represented multiple award-winning properties throughout the Triangle – including the Clark Townhomes in The Village District and West + Lenoir in

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  • 10 Seawell Ave Unit 105, Raleigh, NC 27601

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  • 612 Rocky Knob Ct, Raleigh, NC 27610

    $715,000 New Construction

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  • 602 Rocky Knob Ct, Raleigh, NC 27601

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    Green, clean, and oh-so pristine—City Hike pioneers a new perspective on high-performance, low-maintenance DTR living. And now, every available home comes with $20,000 in buyer incentives—because your next-level lifestyle deserves a next-level bonus.This turnkey collection is knocking on Downtown Raleigh's door, offering commuter-friendly access to the thriving city core without costing

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  • 610 Rocky Knob Ct, Raleigh, NC 27601

    $700,000 New Construction

    • 4 Beds
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    Green, clean, and oh-so pristine—City Hike pioneers a new perspective on high-performance, low-maintenance DTR living. And now, every available home comes with $20,000 in buyer incentives—because your next-level lifestyle deserves a next-level bonus.This turnkey collection is knocking on Downtown Raleigh's door, offering commuter-friendly access to the thriving city core without costing

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  • 614 Rocky Knob Ct, Raleigh, NC 27601

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    • 614 Rocky Knob Ct
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    Green, clean, and oh-so pristine—City Hike pioneers a new perspective on high-performance, low-maintenance DTR living. And now, every available home comes with $20,000 in buyer incentives—because your next-level lifestyle deserves a next-level bonus.This turnkey collection is knocking on Downtown Raleigh's door, offering commuter-friendly access to the thriving city core without costing

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  • 511 S Bloodworth St Unit 103, Raleigh, NC 27601

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Source: Doorify MLS

MLS Number: 10079350

Doorify MLS