New construction investment opportunity in Raleigh’s Wrenwood community offering one building comprised of two side-by-side townhome units. Each unit features approximately 2,400 SF across three levels with 3 bedrooms, 3.5 baths, open-concept living, and modern finishes. One unit is currently leased at $3,195/month, providing immediate income, while the second unit is vacant—ideal for an owner-occupant, lease-up strategy, or flexibility for future resale.
Located between Downtown Raleigh and Cary, the property benefits from strong rental demand driven by proximity to Fenton, Lake Johnson Park, NC State, and RTP. This is a low-maintenance, new construction asset with contemporary design and functional layouts that appeal to today’s renter.
Ideal for investors seeking a stabilized + lease-up opportunity, house-hack scenario, or long-term hold in a high-growth Raleigh submarket. All construction is complete and move-in ready.