# 310 Culvert Street, Apex, NC 27502 > **TL;DR:** 8bd/6ba multi-family, $1,288,000 ($319/sqft), built 1985, 4,032 sqft. > A/C. Est. $6,889/mo. Listed 18 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,288,000 | | Price/sqft | $319 | | Bedrooms | 8 | | Bathrooms | 8 full, 4 half | | Square Feet | 4,032 | | Year Built | 1985 | | Lot Size | 17,424 sqft (0.40 acres) | | Stories | 2 | | Property Type | Multi-Family (Quadruplex) | | Status | Active | | Days on Market | 18 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,513 | | Estimated Insurance | $376 | | **Total** | **$6,889** | ## Nearby Schools - **Elementary:** Wake - Apex Elementary - **Middle:** Wake - Apex Middle - **High:** Wake - Apex High ## Key Amenities - A/C ## Property Highlights - Built in 1985 - 0.40 acre lot - 2 stories - 84 parking spaces ## Description ### Agent Description 310 Culvert Street | Downtown Apex, NC Prime Covered Land Investment | 1031 Exchange Opportunity | Redevelopment Potential Downtown Apex Shovel-Ready Development Site with Covered Income | Prime 1031 Exchange Opportunity Rare and exceptional opportunity to acquire a high-yield "covered land play" in the absolute heart of Downtown Apex. Perfect for 1031 Exchange buyers, boutique builders, and forward-thinking investors, 310 Culvert Street offers immediate, stable cash flow from four existing fully occupied units while providing a de-risked, pre-vetted path to immediate or future multi-family redevelopment. The "Covered Land" & Development Premium: Unlike standard multi-family assets tied strictly to current rental math, this property's true value lies in its 0.4-acre lot and advanced municipal positioning. A proposed five-unit luxury condominium development has already completed its initial preliminary review with the Town of Apex. This represents a massive savings in both time and capital for the next owner, effectively bypassing 6 to 9 months of initial bureaucratic red tape and zoning delays for a future for-sale or high-end build-to-rent project. Current owner had a 5 unit condo plans and renderings that have preliminary been reviewed by the Town of Apex. This is a huge savings in both time and money for next owner looking to do a redevelopment with best of use of land in mind. ## Location - **Address:** 310 Culvert Street, Apex, NC 27502 - **County:** Wake - **Neighborhood:** Town Lot - **Coordinates:** 35.730094, -78.847946 - **Google Maps:** https://www.google.com/maps?q=35.730094,-78.847946 ## Listing Agent - **Name:** Jeremy James Glasson - **Brokerage:** LPT Realty, LLC - **Broker Phone:** (321) 252-7486 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/310-Culvert-St_Apex_NC_27502_M97522-87923?f=listhub&s=TRIANGLE&m=10197879&c=propsimple) ## Photos ![310 Culvert Street - Photo 1](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f82691116r.jpg) ![310 Culvert Street - Photo 2](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f2141071273r.jpg) ![310 Culvert Street - Photo 3](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f3785488158r.jpg) ![310 Culvert Street - Photo 4](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f368364446r.jpg) ![310 Culvert Street - Photo 5](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f3129772872r.jpg) ![310 Culvert Street - Photo 6](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f1440595774r.jpg) ![310 Culvert Street - Photo 7](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f741783993r.jpg) ![310 Culvert Street - Photo 8](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f585943593r.jpg) ![310 Culvert Street - Photo 9](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f3612304221r.jpg) ![310 Culvert Street - Photo 10](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f3830164201r.jpg) ![310 Culvert Street - Photo 11](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f4219850714r.jpg) ![310 Culvert Street - Photo 12](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f3755363602r.jpg) ![310 Culvert Street - Photo 13](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f1457619418r.jpg) ![310 Culvert Street - Photo 14](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f2670181109r.jpg) ![310 Culvert Street - Photo 15](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f2416943245r.jpg) ![310 Culvert Street - Photo 16](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f2140980152r.jpg) ![310 Culvert Street - Photo 17](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f3730333008r.jpg) ![310 Culvert Street - Photo 18](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f811761264r.jpg) ![310 Culvert Street - Photo 19](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f1787375484r.jpg) ![310 Culvert Street - Photo 20](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f1626228120r.jpg) ![310 Culvert Street - Photo 21](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f387338646r.jpg) ![310 Culvert Street - Photo 22](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f4026335004r.jpg) ![310 Culvert Street - Photo 23](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f2226651851r.jpg) ![310 Culvert Street - Photo 24](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f1471489471r.jpg) ![310 Culvert Street - Photo 25](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f1518213754r.jpg) ![310 Culvert Street - Photo 26](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f51978525r.jpg) ![310 Culvert Street - Photo 27](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f3901999449r.jpg) ![310 Culvert Street - Photo 28](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f3889404639r.jpg) ![310 Culvert Street - Photo 29](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f88213693r.jpg) ![310 Culvert Street - Photo 30](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f776775552r.jpg) ![310 Culvert Street - Photo 31](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f1555585025r.jpg) ![310 Culvert Street - Photo 32](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f206986774r.jpg) ![310 Culvert Street - Photo 33](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f344361977r.jpg) ![310 Culvert Street - Photo 34](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f2751759412r.jpg) ![310 Culvert Street - Photo 35](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f4203369233r.jpg) ![310 Culvert Street - Photo 36](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f866025141r.jpg) ![310 Culvert Street - Photo 37](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f2096541122r.jpg) ![310 Culvert Street - Photo 38](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f1864244015r.jpg) ![310 Culvert Street - Photo 39](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f4275858935r.jpg) ![310 Culvert Street - Photo 40](http://lh.rdcpix.com/ea901b970b8561e301b1a32498122d50l-f3009145663r.jpg) --- **MLS#:** 10197879 | **Updated:** 2026-10-22 **Source:** listhub *Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/310-culvert-street-apex-nc-27502-3caa910ecbe24501a7e470aae30c08a4) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/310-culvert-street-apex-nc-27502-3caa910ecbe24501a7e470aae30c08a4#listing", "url": "https://staging.propertysimple.ai/listing/310-culvert-street-apex-nc-27502-3caa910ecbe24501a7e470aae30c08a4", "name": "310 Culvert Street, Apex, NC 27502", "description": "310 Culvert Street | Downtown Apex, NC Prime Covered Land Investment | 1031 Exchange Opportunity | Redevelopment Potential Downtown Apex Shovel-Ready Development Site with Covered Income | Prime 1031 Exchange Opportunity Rare and exceptional opportunity to acquire a high-yield \"covered land play\" in the absolute heart of Downtown Apex. 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