$999,900

2824 Providence Rd Raleigh, NC 27610

$10,000
Closing credit¹
8 beds
5 full, 2 partial
2,922 sqft
0.5 acres
$342 / sqft
Multi-Family

Property details

About 2824 Providence Rd

Exceptional Investment Opportunity: 3 Residential Units Just Minutes from Downtown Raleigh! This property offers a steady stream of income with a duplex and an ADU (Accessory Dwelling Unit), both fully occupied by tenants with leases in place until 5/1/25. The duplex units feature spacious, open-concept living areas on the first floor. The kitchens are beautifully designed with large islands, stainless steel appliances (refrigerators included), ceramic tile subway backsplashes, and sleek quartz countertops. A convenient half bath for guests and a one-car garage complete the main floor. Upstairs, each duplex unit offers three bedrooms, two full bathrooms, and a laundry closet in the hallway, with wood shelving in the closets for added storage. At the rear of the duplex is the ADU, which includes two bedrooms, one full bathroom, and a bright, open kitchen that flows into the living room with vaulted ceilings—creating a spacious and airy atmosphere. All units boast luxurious upgrades, including tile showers, stylish tile backsplashes, quartz countertops, high-end appliances, and modern fixtures. This is a prime opportunity to secure a well-maintained, income-generating property in a sought-after location. Additionally, you may qualify for up to $11,750 in lender credits with the use of our preferred lender. Don't miss out on this rare investment opportunity! (Some photos have been virtually staged)

Highlights

Home typeDuplex
HeatingHeat Pump
StatusActive
CoolingCentral Air, Multi Unit(s), Ceiling Fan(s)
Size2,922 sqft
Lot size0.46 Acres
Year built2023
ParkingAttached Carport, Driveway, Garage, Garage Door Opener, Garage Faces Front, Shared Driveway
MLS #10066115

Summary

  • MLS Number: 10066115
  • MLS Name: Doorify MLS
  • Office Name: Keller Williams Realty
  • Office Phone: (919) 676-0600
  • Office Email: michelle@michellemelvin.com
  • Listing Agent: Ahmed Mustafa

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bedroom with crown molding

$999,900

2824 Providence Rd

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 03, 2023
Home Sold
$250,000
Apr 22, 2022
Home Sold
$200,000
Mar 18, 2011
Home Sold
$65,000
Jul 13, 2006
Home Sold
$114,000

Tax history

YearAssessmentProperty Tax
2024$756,046$6,626
2023$45,000$490
2022$153,050$1,569
2021$153,050$1,509
2020$153,050$1,481
2019$114,970$1,276
2018$114,970$1,216

History based on county public records data.

Nearby schools

4

Walnut Creek Elementary School

Public District PK-5

0.8 mi

2600 Sunnybrook Rd

5

Barwell Road Elementary School

Public District PK-5

1.5 mi

3925 Barwell Rd

4

Bugg Magnet Elementary School

Public Magnet PK-5

1.7 mi

825 Cooper Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,839. Most Raleigh, NC residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

26%
<35k
51%
35k-100k
22%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
21%
Single, with Kids
20%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Books-a-MillionBooks-a-Million
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • WingstopWingstop
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • NissanNissan
  • ToyotaToyota
  • KiaKia

What do the neighbors listen to?

  • Christian Adult ContemporaryChristian Adult Contemporary
  • Adult HitsAdult Hits
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

This home is located at 2824 Providence Rd in Raleigh, NC and zip code 27610 in the Green Valley neighborhood. This 2,922 square foot home, which was built in 2023, sits on a 0.46 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 5, 2024 and is currently priced at $999,900.

Over 67 listings were sold over their listed price in February 2025 in Raleigh, NC. In the same period over 194 listings were sold below the listed price and 83 listings were sold for the listed price. The number of listings in Raleigh, NC increased by 7.5% between January and February 2025. Listings spent 51 days on the market in February 2025, and had a median list price of $455,202 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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