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3814 Thelma Street, Raleigh, NC 27610

Beacon Lake · Wake County

Key Facts

4Beds
8Baths
2,696Sq Ft
1969Year Built
0.79Lot (acres)

Description

Income-producing duplex in the heart of Raleigh at 3814 Thelma St, that lives like one 4 bed / 4 bath unit and one 4 bed / 4 bath unit. Both units are currently leased on a week-to-week basis, offering immediate cash flow with flexibility for a new owner. Strong investment opportunity. Home to be professionally measured. Property is occupied by tenants. 24 hour notice required for showings.

Property Information

Property Type

Residential

Sub-Type

Duplex

Structure Type

Duplex

Year Built

1969

Living Area

2,696 sq ft

Lot Size

0.79 acres

Days on Market

69

MLS® Listing#

10160898

Property Features

Cooling

Central Air

Heating

Forced Air

Flooring

CarpetCeramic TileWood

Basement

Crawl Space

Construction

BrickBrick Veneer

Roof

Metal

Sewer

Septic Tank

Water Source

Public

Rooms

  • Master BedroomMain

Schools

Elementary:
Wake County Schools
Middle:
Wake County Schools
High:
Wake County Schools

Financial Details

HOA

None

Annual Taxes

$2,723

Tax year 2025

Assessed Value

$307,600

Parcel Number

1724644676

Directions

Head toward New Bern Pl Turn left onto E Edenton St Turn left onto S Salisbury St Turn left onto W Morgan St Continue onto New Bern Ave Turn right onto Beacon Lake Dr Turn right onto Thelma St

Affordability Calculator

$130,000

Estimated monthly payment

$3,460/mo

Principal $520,000 · Est. interest $725,446 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Raleigh, NC

$463,873
Median Listing Price
54
Median Days on Market
1,966
Median Sq Ft
$234
Median Price / Sq Ft
2,151
Active Listings
  • This home’s price is 40% above the area median.
  • Its price per sq ft is 3% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Raleigh, NC.

Location

Map showing the location of 3814 Thelma Street, Raleigh, NC 27610

Points of Interest in Raleigh, NC

Showing the Raleigh area map.

Nearby Schools

  • Raleigh Day School

    School · 0.8 mi away

  • River Oaks Middle

    Secondary · 0.9 mi away

  • Wake County Public School System

    Secondary · 1.0 mi away

  • Frankie Lemmon School & Developmental Center

    School · 1.1 mi away

  • Powell Elementary School

    Elementary · 1.6 mi away

  • Wilburn Elementary School

    Elementary · 1.8 mi away

  • Enloe High School

    Secondary · 1.8 mi away

  • Wanda's Little Hands Educational Center

    School · 1.9 mi away

  • Rogers Lane Elementary School

    Elementary · 1.9 mi away

  • St Jos RC Pre-School

    School · 1.9 mi away

  • Kreepers-N-Krawlers Day Care

    School · 2.1 mi away

  • Longview School

    Secondary · 2.2 mi away

  • Bugg Elementary School

    Elementary · 2.2 mi away

  • Poe Magnet Elementary School

    Elementary · 2.3 mi away

  • Mary E. Phillips High School

    Secondary · 2.4 mi away

  • Brentwood Magnet Elementary School

    Elementary · 2.7 mi away

  • Conn Magnet Elementary School

    Elementary · 2.8 mi away

  • Torchlight Academy

    School · 2.9 mi away

  • Vital Link East School

    School · 3.1 mi away

  • Academically Based Child

    School · 3.1 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Raleigh

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Listing Courtesy: EXP Realty LLC - 8885849431

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Information Not Guaranteed. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last Updated: 2026-04-17

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Triangle MLS Inc. MLS® Listing#10160898. © 2026EXIT Realty®. All rights reserved.