$4,200,000
 $23,847 est/mo Sourced by Back At You

4028 Mitchell Mill Road,Raleigh, NC 27616

Raleigh, NC 27616

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Description

20 unit apartment complex in an excellent North Raleigh location. Close proximity to shopping, restaurants and major highways. Two separate buildings with 10 units each. Each building has Six 2 bedroom/2 bathroom units and four 3 bedroom/2 Bathroom units. Units feature stainless steel appliances. Kitchens have granite countertops and island. Units have ceiling fans, walk in closets covered porches/balconies. Washer and dryer connections. 9 foot ceilings, lots of windows and LVP flooring. Financials provided upon request. Property sits on 2.06 acres.

Details

MLS #10197409
Listing TypeFor Lease
StatusActive
Year2015
Days On Site31
Listing Provided ByKeaton Barrow Realty | Michelle Keaton-Barrow

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet20,096
Story(s)2
ZoningNX-3
Acreage2.06

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Ceiling Fan(s)
Fireplace Yes / NoNo
Laundry FeaturesElectric Dryer Hookup, In Unit, Washer Hookup

Exterior

RoofShingle
Foundation DetailsSlab
Construction MaterialsFiber Cement
Security FeaturesSmoke Detector(s), Security Lights
Patio And Porch FeaturesPorch, Patio, Deck

Parking

Parking FeaturesLighted, Outside, Paved

Utilities

UtilitiesCable Available
SewerPublic Sewer

Taxes

Tax Assessed Value3916250
Tax Legal DescriptionLo2 J Stone Properties LLC Bm2013-00078
Tax Year2027
Tax Map Number2

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27616
AreaWake
Community NameNot in a Subdivision
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in Not in a Subdivision)
Price:
$4,200,000
low | high
Med:
$309,450
100% of Average
sqft:
20,096
low | high
Med:
2,054
100% of Average
$ / sqft:
$209
low | high
Med:
$151
77.868770096611% of Average
On site:
31
low | high
Med:
85
36.470588235294% of Average
Sourced by Back At You

Market Activity 27616

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27616
AreaWake
Community NameNot in a Subdivision
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in Not in a Subdivision)
Price:
$4,200,000
low | high
Med:
$309,450
100% of Average
sqft:
20,096
low | high
Med:
2,054
100% of Average
$ / sqft:
$209
low | high
Med:
$151
77.868770096611% of Average
On site:
31
low | high
Med:
85
36.470588235294% of Average
Sourced by Back At You
Listing Updated: November 4, 2026 at 9:32:27 PM PST