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720 S State St, Raleigh, NC 27601
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720 S State St, Raleigh, NC 27601
Sold for $765,000
720 S State St, Raleigh, NC 27601
Sold for $765,000
720 S State St, Raleigh, NC 27601
720 S State St, Raleigh, NC 27601
720 S State St, Raleigh, NC 27601
720 S State St, Raleigh, NC 27601

720 S State St Raleigh, NC 27601

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$765,000

CLOSED
Beds
11
Baths
12
Sqft
5,040
Acres
0.18
Year
2008
Close Date
Oct 1, 2026
Property Type
Residential Income
Sub Type
Triplex
Per Square Foot
$152
Date Listed
Aug 21, 2026

Description of 720 S State St, Raleigh, NC 27601

Listing details for 720 S State St, Raleigh, NC 27601 : Opportunity is knocking, and it's already collecting rent. Amazing opportunity to own a Triplex located near Downtown Raleigh. Three fully leased units, minutes from downtown Raleigh, with $5,670/month in combined income ($68,040/year) already in place with leases into 2027. Unit 101: 4BR/4BA at $1795/mo. Unit 102: 4BR/4BA at $1,795/mo. Unit 103: 3BR/4BA at $1,695/mo. Bring your calculator and your offer Opportunities like this do not last long! Tenant occupied. Do not disturb tenants. Also check out building 718 S State St
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Listing Updated : 10-02-2026 at 11:45 AM EDT
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Listing Provided By

Stephanie Anson, 919-335-3048, Northside Realty Inc.

Properties displayed may be listed or sold by various participants in the MLS

Source

Triangle, MLS, MLS#: 10188078

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$585K – $975K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Comments
What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$585K – $975K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice
10/1/2026
Sold
$765,000 -1.3%
$152/sqft
Source:Triangle, MLS #10188078
9/1/2026
Pending sale
$775,000 0%
$154/sqft
Source:Triangle, MLS #10188078
8/21/2026
Listed for sale
$775,000 +167.2%
$154/sqft
Source:Triangle, MLS #10188078
12/15/2016
Sold
$290,000
$58/sqft
Source:Triangle, MLS #2097812
11/7/2016
Listed for sale
—
Source:Triangle, MLS #2097812

Location of 720 S State St, Raleigh, NC 27601

Streetview of 720 S State St, Raleigh, NC 27601

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$585K – $975K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Comments

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The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
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720 S State St, Raleigh, NC 27601
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