5333 Wayne Street, Raleigh, NC 27606

• 8 beds |
• 8 baths |
• 3,981 sqft

Property Description

Investors, this one checks every box: location, income, and upside. Tucked right next to Lake Johnson Park, this quadplex puts tenants steps from 1.5 miles of unpaved trails, 2.8 miles of paved greenway, a nature preserve, and an outdoor swimming pool — the kind of lifestyle amenities that keep units filled and renters happy long-term. The Raleigh Greenway system connects directly from the property, and commuters will love the easy access to I-40, NC State, RDU International Airport, and Research Triangle Park. Each of the four units offers 2 bedrooms and 2 bathrooms, plus its own private deck — a layout that appeals to a wide range of renters, from students and young professionals to roommates and downsizers. All four units are currently on month-to-month leases, giving the new owner maximum flexibility to renovate one unit at a time while continuing to collect rental income throughout the process. This property is priced with that upside in mind — a rare chance to force appreciation through strategic upgrades in a location that's already in high demand. Whether you're looking to add a turnkey cash-flow property to your portfolio or want room to execute a value-add strategy at your own pace, this quadplex offers the location, layout, flexibility, and upside investors look for. Highlights: 4 units, each 2 bed / 2 bath with a private deck Steps from Lake Johnson Park & Raleigh Greenway system 1.5 mi unpaved trails + 2.8 mi paved trails right outside your door Access to nature preserve and outdoor pool Minutes to I-40, NC State, RDU, and RTP All 4 units on month-to-month leases — renovate unit by unit without losing income Priced to allow for capital improvements. Contact Listing Agent to schedule a showing/Tour!

Listing Status:

Pending

Date Added:

July 7, 2026

Data Last Updated:

August 6, 2026 at 4:41AM

Listing Office:

Keller Williams Elite Realty : 984-244-5830

Listing Agent:

Aaron Moon : 919-906-6317

MLS ID:

10178364

Interior

• General: His and Hers Closets
• Flooring: CarpetVinyl
• A/C: Varies by Unit
• Heating: None

Exterior

• Other Structures: DeckCovered
• Parking: AsphaltLighted

Construction

• Roofing: Shingle
• General: Fiber Cement2Brick/Mortar

Location

• Road/Access: City Street
• Golf: CurbsFishingLakeSidewalks
• Originating MLS: Doorify MLS
• County: Wake

Lot

• Zoning: R-10Lo5g Of Lt 5 Wayneridge Bm1983-015550783119846

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Doorify MLS