
3814 Thelma Street, Raleigh, NC 27610
Beacon Lake · Wake County
Key Facts
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
Heating
Flooring
Basement
Construction
Roof
Sewer
Water Source
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
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
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 6928 Leesville Road, Raleigh, NC | $455,000 | 4 | 4 | 2,633 |
| 1716 Briarforest Place, Raleigh, NC | $455,000 | 3 | 4 | 2,063 |
| 4804 Hodfield Court, Raleigh, NC | $455,000 | 3 | 3 | 2,521 |
| 2912 Bolo Trail, Raleigh, NC | $455,000 | 3 | 3 | 1,881 |
| 3509 Boren Court, Raleigh, NC | $458,000 | 4 | 3 | 2,736 |
| 5931 S Sharon Drive, Raleigh, NC | $459,000 | 5 | 3 | 2,638 |
Moving Cost Estimate
EXIT Agents in Raleigh
Listing Courtesy: EXP Realty LLC - 8885849431
Last Updated: 2026-04-17
















