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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

$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.

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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Schools Near 720 S State St, Raleigh, NC 27601

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.

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The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.

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