Multifamily Investment/Redevelopment Opportunity

Investment Overview

725 W. Morgan Street offers a rare opportunity to acquire an income-producing asset in the heart of Downtown Raleigh with substantial redevelopment potential. The approximately 3,234 SF building on 0.16 acres is currently configured as a multifamily property, providing immediate cash flow while allowing future flexibility for office, mixed-use, or redevelopment strategies.

Investment Highlights

• Gravel parking in rear of building with a perpetual 9' easement through neighboring property.
• Prime location near Glenwood South, Boylan Heights, Downtown Raleigh, and Dorothea Dix Park
• Currently configured as three residential units, offering immediate rental income potential
• Flexible zoning supports office and residential mixed-use uses
• Unused rear portion of the site offers future development potential