3816 Thelma Street

Raleigh, NC 27610

$1,899,000
Price
8
Beds
8
Baths
2,696 Sq. Ft.
$704 / Sq. Ft.
2,696
Sq. Ft.
$704
per Sq. Ft.

Description

Income producing Duplex includes two adjacent vacant land lots: 3900 and 3904 Thelma St. The three contiguous parcels have a combined size of 1.54 +/- Acres. SELLER FINANCING AVAILABLE. Zoning and Planning Overlays include the Transit Overlay District (TOD) and RX-4 zoning. SELLER IS OPEN TO SELLING EITHER THE DUPLEX, OR THE LAND SEPARATELY. The TOD allows up to 6 story building height with minimal parking or frontage requirements. A rent by room, 8 bed / 8 bath fully leased Duplex, is in place.Income producing Duplex includes two adjacent vacant land lots: 3900 and 3904 Thelma St. The three contiguous parcels have a combined size of 1.54 +/- Acres. SELLER FINANCING AVAILABLE. Zoning and Planning Overlays include the Transit Overlay District (TOD) and RX-4 zoning. SELLER IS OPEN TO SELLING EITHER THE DUPLEX, OR THE LAND SEPARATELY. The TOD allows up to 6 story building height with minimal parking or frontage requirements. A rent by room, 8 bed / 8 bath fully leased Duplex, is in place.

Listing Agent

Property Details for 3816 Thelma Street

View
Yes
Subdivision
Beacon Lake
LISTING UPDATED: 10/28/2024 11:10 AM

Property Details for 3816 Thelma Street

StatusActive
MLS #10047999
Days on Market86
Taxes$2,712 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex
Year Built1969
Lot Size1.75 AC / 76,230 SF
CountyWake County

Building Information for 3816 Thelma Street

Stories1Residences-Year Built1969Building Size-Lot Size1.75 AC / 76,230 SF

Property Information for 3816 Thelma Street

Summary
Location and General Information
  • Zoning: RX-4
  • Directions: Take 440E to Exit 13B / US 64 Bus E / New Bern Ave. Right onto Beacon Lake Drive. Right turn onto Thelma St. Destination is on your left.
  • Subdivision Name: Beacon Lake
  • Latitude: 35.795287
  • Longitude: -78.573502
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $2,711.51
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 147
  • Restrictive Covenants YN: No
Contract Information
  • Comp Sale YN: No
  • Lease Expiration Date: 2025-08-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Partnership
  • Middle Or Junior School: Wake - Moore Square Museum
  • High School: Wake - S E Raleigh
Parking
  • Open Parking: Yes
  • Garage: No
Property
Lot Information
  • Building Area Total: 2696.0
  • Architectural Style: Ranch
  • Other Area Above Grade: 2696
  • Total Other Area Sq Ft: 2696
  • Parcel Number: 0076853
  • Enhanced Accessible: No
  • Primary Residence YN: No
Property and Assessments
  • New Construction: No
  • Photos Count: 3
  • Property Attached: Yes
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Brick Veneer
  • Foundation Details: Block
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, Brick Veneer
Interior Features
  • Levels: One
  • Stories: 1
  • Flooring: Carpet, Ceramic Tile, Wood
  • Cooling: Gas, Heat Pump
  • Cooling?: Yes
  • Heating: Heat Pump
  • Heating?: Yes
  • Spa: No
  • Interior: Brick, Brick Veneer
Room Information
Room Information
  • Rooms Total: 0.0
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Weekly

Property History for 3816 Thelma Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3816 Thelma Street

Taxable ValueLand$57,600Additions$250,000Total$307,600
Tax Record2024$2,712 ($226 / month)
Home Facts
Total Finished SqFt2,696 SqFtAbove Grade Finished SqFt2,696 SqFtStories1Lot Size34,412 SqFtStyleDuplexYear Built1969ZoningR-4CountyWAKEAPN1724.15-64-4676 0076853

Schools near 3816 Thelma Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Partnership Elementary
PublicK to 5

Moore Square Museum Magnet Mid
Public6 to 8

Southeast Raleigh High
Public9 to 12

River Oaks Middle
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3816 Thelma Street is a multi-family home for sale in Raleigh, NC 27610. This property was listed for sale on August 20, 2024 by Compass, it's currently listed at $1,899,000. It has been on the market for a total of 86 days and was last sold on January 24, 2006. This listing's school district is Wake County School District. Nearby schools include Partnership Elementary, Moore Square Museum Magnet Mid and Southeast Raleigh High. 3816 Thelma Street is a 8-bed, 8-bath, 2,696 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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