Wake County, Raleigh, NC 27609
3 bd2 ba1,338 sfBuilt 1997
Gross spread$210,000
Description
Overview This 3‑bed, 2‑bath home at 1132 Temple St in Raleigh offers 1,338 square feet in a strong pocket where renovated homes consistently push toward the $650,000 range. The property only needs light cosmetic touch‑ups to bring it fully up to market standard, making it an easy, low‑risk project for anyone looking to secure a high‑margin exit without taking on a heavy renovation. At an asking price of $440,000, the spread is already built in, and the neighborhood supports the numbers. Highlights The layout is clean, the footprint is efficient, and the house doesn’t require any major structural or mechanical work. It’s the type of project where a simple refresh — paint, fixtures, finishes, and minor updates — positions the home perfectly for Raleigh’s strong buyer demand. The area continues to see steady appreciation, and updated homes in this pocket move quickly at premium prices. Why This Deal Stands Out This is a Raleigh opportunity where the math works immediately. With an ARV of $650,000 and only minimal cosmetic work needed, the margin is straightforward and the risk is low. Investors don’t often get a chance to pick up a home in this condition, in this part of Raleigh, with this kind of spread. It’s a clean value‑add play with a strong exit and a simple path to completion. Call to Action If you’re ready to run numbers, walk the property, or put together an offer, reach out and let’s get it moving. I’m open to strong terms and quick closes for buyers who know how to execute. Brazos Gadler [contact details hidden]
$/sqft vs market
Median of 57 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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