KNIGHTDALE MANOR

For Sale

355 Railroad Street, Knightdale, NC 27545

This Knightdale property for sale is located at 355 Railroad Street. The current listed sale price for KNIGHTDALE MANOR is $3,950,000.

Contacts

broker
T Furlow

broker
Michael Deaton

Property Details

  • Property Type Other
  • Units 32
  • Additional Rent Contact for pricing
  • Date Updated Dec 17, 2024

Deaton GREA is pleased to present, as the exclusive listing broker for the seller, the Knightdale Manor Apartments. Located ten miles east of Downtown Raleigh, the town of Knightdale is a rapidly growing suburb of the Raleigh-Durham MSA. Knightdale’s economic growth is closely tied to the overall prosperity of the Research Triangle area. With continued population growth, increasing development, and a growing retail and small business sector, Knightdale is evolving into an economically vibrant destination. The strategic location, attractive housing options, and growing infrastructure position the area for increasing growth in the coming years.

Knightdale Manor has a total of 32 units spread across two, brick duplexes built in 1968 and another 28, garden-style apartments built in 1976 and 1987. In the last three years current ownership has invested more than $500,000 in capital improvements including new windows, new sliding rear doors, and the replacement of nearly ninety-percent of the HVAC units and water heaters. The property has been operated efficiently, but there exists an opportunity to improve income and add value with strategic improvements.

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Getting around

  • 48/100

    Walk Score ®

  • 38/100

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Location

  • City Knightdale, NC
  • Neighborhood Maplewood
  • Zip Code 27545
  • Market Raleigh Durham

Points of Interest

  • Raleigh

    9.39 miles

  • Exxon

    0.29 miles

  • Marathon

    0.41 miles

  • Shell

    0.47 miles

  • BP

    0.47 miles

  • Sheetz

    0.98 miles

  • Valero

    3.65 miles

  • Nash Square Charging Station

    9.14 miles

  • Tesla Supercharger

    9.34 miles

  • Tesla Destination Charger

    9.46 miles

  • Milburnie Park Car Parking

    3.18 miles

  • Allen Drive Trailhead Parking

    3.28 miles

  • Buffalo Road Aquatic Center Parking Lot

    3.96 miles

  • Buffalo Road Athletic Park Trailhead #88 Parking

    4.07 miles

  • Poole Road Trailhead Parking Lot

    4.22 miles

  • Neuse River Trailhead #8 Parking

    4.31 miles

  • Pleasants Road Entrance Parking Lot

    4.87 miles

  • Hunt Valley Trail Entrance Parking

    5.36 miles

  • Auburn Knightdale Road Trailhead Parking Lot

    5.42 miles

  • Parking Deck 1

    5.58 miles

  • Country Hearth Inn Knightdale

    0.54 miles

  • Hampton Inn & Suites Knightdale Raleigh

    1.62 miles

  • Econo Lodge

    4.18 miles

  • Comfort Suites Raleigh Walnut Creek

    4.87 miles

  • Knights Inn Raleigh Downtown East

    5.21 miles

  • Microtel Inn & Suites by Wyndham Raleigh

    5.30 miles

  • Holiday Inn Express & Suites Raleigh NE - Medical Center Area

    5.38 miles

  • Raleigh Inn

    5.67 miles

  • Wake Inn

    5.87 miles

  • Americas Best Value Inn North Capital

    6.15 miles

  • Big Lots

    0.40 miles

  • Food Lion

    0.42 miles

  • Walmart

    0.54 miles

  • Lowes Foods

    1.32 miles

  • Target

    1.54 miles

  • Publix

    3.06 miles

  • ALDI

    3.65 miles

  • Carolina Open Air Market

    4.33 miles

  • Walmart Supercenter

    4.37 miles

  • IGA

    4.71 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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