$439,900
PENDING

313 Main St Knightdale, NC 27545

Estimated payment $2,743/month

Total Views 1,556
6 Beds
2 Baths
2,173 Sq Ft
$202 Price per Sq Ft

Highlights

  • 0.83 Acre Lot
  • No HOA
  • Cooling Available
  • Traditional Architecture
  • Front Porch
  • 3-minute walk to Harper Park

About This Home

ATTENTION INVESTORS! Rare Duplex offered in Knightdale at an in place Cap Rate of 7.2% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Being offered 100% occupied with below market rents. Perfectly situated in a prime location within walking distance to groceries and restaurants and Knightdale Station Park. Knightdale has hundreds of jobs and good schools but is also just a short drive to downtown Raleigh on Hwy 64 or 540. The current owners have made significant upgrades with over $40K in renovations the last 2 years including a new roof in 2023 and a full gut remodel on unit 313 featuring new kitchen and bathroom cabinets and appliances and flooring. A full basement Encapsulation was done in 2023 as well, with an HVAC air handler upgrade for unit 313. All new windows throughout in 2013. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors. Also it currently has a married 2nd lot that has the potential to be developed or separated and sold, or the whole property could possibly be rezoned with surrounding area to be a mixed commercial and residential development on a trophy piece of land in Knightdale.

Listing Agent

Matt Perry

Keller Williams Elite Realty License #234841

Keller Williams Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1964

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,173 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Luxury Vinyl Tile Flooring
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Open Parking Spaces

Schools

  • Lockhart Elementary School
  • Neuse River Middle School
  • Knightdale High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • Front Porch
  • 0.83 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1754330140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,500

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2173.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 2173.0
  • General Property Information Lot Size Square Feet2: 36155.0
  • General Property Information Lot Size Acres: 0.83
  • General Property Information Stories2: 1
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Luxury Vinyl
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Total Bedrooms: 10
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.83
  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Porch, Rear Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Natural Gas
  • Cooling: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Knightdale
  • Middle Or Junior School: Wake - Neuse River

Lot Info

  • Lot Size Sq Ft: 36155.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1754330140
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 3500.25
  • Tax Year: 2024
  • Tax Map Number: 5-6

MLS Schools

  • Elementary School: Wake - Lockhart

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,500 $362,915 $110,000 $252,915
2023 $2,558 $227,481 $54,000 $173,481
2022 $2,473 $227,481 $54,000 $173,481
2021 $2,360 $227,481 $54,000 $173,481
2020 $2,360 $227,481 $54,000 $173,481
2019 $2,169 $185,038 $52,000 $133,038
2018 $2,047 $185,038 $52,000 $133,038
2017 $1,974 $185,038 $52,000 $133,038
2016 $1,947 $185,038 $52,000 $133,038
2015 $1,678 $156,851 $50,000 $106,851
2014 $1,621 $156,851 $50,000 $106,851
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2025 04/06/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $439,900 -- $202 / Sq Ft
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed $185,000 None Available
Warranty Deed $119,500 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,580,000 New Conventional
Previous Owner $129,500 New Conventional
Previous Owner $89,625 New Conventional
Previous Owner $148,000 Unknown
Previous Owner $112,000 No Value Available
Source: Public Records

Source: Doorify MLS

MLS Number: 10085819

Doorify MLS

APN: 1754.14-33-0140-000