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About This Home

This 0-bedroom, 0-bathroom commercial at 15 N Fisher Street in Raleigh, NC is listed for $600,000 ($198 per sqft). Built in 1920, the home offers 3,028 sqft of living space on a 0.11 acres lot.

Agent Description

15 N Fisher Street is an income-producing triplex located directly behind another one of our active listings, 1612 Boyer, both owned by the same seller and available either individually or as a discounted portfolio package. This property delivers stable rental income and consistent 100% occupancy across three well-maintained units leased at $1,350, $1,495, and $1,575 per month, producing an approximate annual NOI of $53,040.

Strong tenant demand and ongoing revitalization in the surrounding area support its long-term performance, while proximity to Downtown Raleigh enhances both rentability and appreciation potential. This cash-only opportunity offers immediate, reliable cash flow with clean financials and minimal management needs.

For investors seeking scale, the triplex pairs seamlessly with the quadplex at 1612 Boyer to create a tightly clustered seven-unit portfolio generating roughly $120,000 in annual NOI, offering operational efficiency, future redevelopment flexibility, and strategic portfolio expansion. This is a rare chance to secure multiple stabilized doors in one of Raleigh's fastest-advancing growth areas, backed by dependable income today and meaningful upside over time.

Key Features

  • Built in 1920
  • 0.11 acre lot
  • 2 stories
  • 6 parking spaces

Property Details

2 stories
6 spaces
1920

Amenities

A/C

Monthly Cost Estimate

$3,209/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

15 N Fisher Street

Raleigh, NC 27610

College Park

Property Details

Construction

Brick

Cooling

Wall Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 15 N Fisher Street is listed at $600,000 ($198/sqft). The estimated monthly payment is $2,600 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.11 acre lot, 2 stories, 6 parking spaces.

This property is listed by Natalie Pearse and can be reached at 9198393131 or natalie@nkprealty.com.

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NP

Natalie Pearse

Agent at United Real Estate Triangle

(919) 839-3131

Listed by United Real Estate Triangle

MLS# 10136262· Source: listhub· Updated 125 days ago

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15 N Fisher Street, Raleigh, NC 27610

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