4028 Mitchell Mill Road Raleigh, NC $ 4,200,000
4028 Mitchell Mill Road
$ 4,200,000
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4028 Mitchell Mill Road

Raleigh, NC, 27616
$ 4,200,000
Bedrooms3 Baths2.1 Sq 20,096

Monthly Estimate*

$ 29,008

4028 Mitchell Mill Road, Raleigh, NC 27616 - Image 1
4028 Mitchell Mill Road, Raleigh, NC 27616 - Image 2
4028 Mitchell Mill Road, Raleigh, NC 27616 - Image 3
4028 Mitchell Mill Road, Raleigh, NC 27616 - Image 4
4028 Mitchell Mill Road, Raleigh, NC 27616 - Image 5
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4028 Mitchell Mill Road, Raleigh, NC 27616 - Image 7
4028 Mitchell Mill Road, Raleigh, NC 27616 - Image 8
4028 Mitchell Mill Road, Raleigh, NC 27616 - Image 9

Multi-Family Home for sale in Raleigh, NC

for $4,200,000 with 3 bedrooms and 2 full baths, 1 half bath. This 20,096 square foot home was built in 2015 on a lot size of 2.06.

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.

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Multi-Family Active

Price

$ 4,200,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Cape Cod

Lot Size

2.06

Year Built

2015

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

10197409

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available
Roof Shingle
Appliances Built-In Electric Range Disposal Electric Oven Microwave Water Heater
Zoning NX-3
Architectural Style Cape Cod
Construction Materials Fiber Cement
Year Built 2015
Stories Count 2
Levels Two
Property Subtype Apartment
County Wake
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Not in a Subdivision
Full Baths 2
Status Active
High School Wake County Schools
City Raleigh
Open Parking Spaces 6
Lot Size Units Acres
Lot Size Square Feet 89733
Elementary School Wake County Schools
Tax Annual Amount 36002.63
Middle/Junior High School Wake County Schools
Ok to Lease 12 Months
Structure Type Multi Family
Standard Status Active
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Interior
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 20096
Half Baths 1
Laundry Features Electric Dryer Hookup In Unit Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 3
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Exterior
Parking Features Lighted Outside Paved
Water Source Public
Lot Size Area 2.06
Foundation Details Slab
Building Area Total 20096
Lot Size Acres 2.06
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* Excluded Features
List By
Michelle Keaton-Barrow

Listing Agent

Keaton Barrow Realty

Broker

mkeatonbarrow@gmail.com

Email

Affordability Calculator

$29,008
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,008
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3291102 Elementary School
3826315 Middle School
Wake County Schools High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$4,200,000 Listed Price

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4028 Mitchell Mill Road, Raleigh, NC, 27616 is a Multi-Family Home for sale at $4,200,000 with 20,096 sqft and a lot size of 2.06. 4028 Mitchell Mill Road has 3 bedrooms, 2.1 baths, and was built in 2015. The property's zip code is 27616 which is in Raleigh, NC