313 Main St, Knightdale, NC 27545
$439,900
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Home Description
ATTENTION INVESTORS! Rare Duplex offered in Knightdale at an in place Cap Rate of 7.2% based on current rents and 2024 taxes and insurance numbers assuming a owner operated cash purchase. Being offered 100% occupied with below market rents. Perfectly situated in a prime location within walking distance to groceries and restaurants and Knightdale Station Park. Knightdale has hundreds of jobs and good schools but is also just a short drive to downtown Raleigh on Hwy 64 or 540. The current owners have made significant upgrades with over $40K in renovations the last 2 years including a new roof in 2023 and a full gut remodel on unit 313 featuring new kitchen and bathroom cabinets and appliances and flooring. A full basement Encapsulation was done in 2023 as well, with an HVAC air handler upgrade for unit 313. All new windows throughout in 2013. Off-street parking adds extra value, making it even more convenient for residents. Additionally, with no HOA, you save on monthly expenses and retain full control over the property. This property boasts a proven track record and excellent rental history, making it an ideal opportunity for savvy investors. Also it currently has a married 2nd lot that has the potential to be developed or separated and sold, or the whole property could possibly be rezoned with surrounding area to be a mixed commercial and residential development on a trophy piece of land in Knightdale.
- # Fireplaces: 0
- Flooring: Vinyl
- Full Baths: 2
- Half Baths: 0
- Construction Materials: Brick
- Roof: Shingle
- Foundation: Slab
- Patio/Porch: Front Porch,Porch,Rear Porch
Available now at $439,900
Approximate Room Sizes/Locations
Family Room | | 14.00 x 16.00 | Main |
Family Room | | 14.00 x 16.00 | Main |
Kitchen | | 18.00 x 10.50 | Main |
Kitchen | | 18.00 x 10.50 | Main |
- Property Type: Duplex
- Style: Traditional
- Levels: One
- New Construction: No
- Heating: Natural Gas
- Cooling: Electric
- Water Source: Public
- Sewer: Public Sewer
- Total HOA Dues: $0.00
- Annual Taxes: $3,500.25
- Listing Office: Keller Williams Elite Realty
- List Status: Active
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School Information
- Elementary:Wake - Lockhart
- Middle School:Wake - Neuse River
- High School:Wake - Knightdale
Financial
Area Stats
These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or
to obtain statistics not shown below please call Highgarden Real Estate at
(919) 759-5754 and speak with one of our real estate consultants.
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Listing Courtesy of Keller Williams Elite Realty.
For information or to schedule a viewing of this property (MLS# 10085819), call: 919-759-5754
313 Main St, Knightdale NC is a single family home of 2173 sqft and
is currently priced at $439,900
.
This single family home has 6 bedrooms.
In addition to single family homes, Highgarden also makes it easy to find Homes, Condos and New Homes
in Knightdale, NC.
Rockbridge, Haywood Glen and Cheswick are nearby neighborhoods.
MLS 10085819 has been posted on this site since 3/31/2025 (today).

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