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314 Culvert Street, 
Apex, NC 27502

$550,000


4

Beds


4

Baths


2,021

Sq Ft


Multi-Family

Active

Listed by

Beth Randall

Berkshire Hathaway Homeservice

919-859-3300

Last updated:

May 20, 2025, 03:03 AM

MLS#

10096877

Source:

NC BAAR

About This Home

314 Culvert Street

Don't miss this exceptional chance to own a two-unit residence ideally situated in the vibrant and rapidly growing downtown district of Apex.Since 2017, the owners have completed an exterior facelift with new fiber cement siding and trim, windows and front door (Unit 4), replaced sliding doors and rebuilt decks and HVAC systems. Unit 4 (left side) has undergone an interior renovation including updated flooring, cabinetry, appliances, countertops, and fixtures. Unit 3 (right side) is occupied by a long-term, month-to-month tenant and has not been renovated. Unit 4 is currently operating as a successful turnkey short-term rental, averaging $2,300/month in income for 2023-24. This unit is being sold fully furnished offering immediate income potential with no additional investment required.Apex has seen nearly 18% population growth since 2020, and the greater Triangle region continues to attract over 56 new residents daily, driving strong demand for both short- and long-term rentals. This property offers a unique blend of immediate cash flow, flexibility, and long-term appreciation potential. Property is being sold as-is.

Home Facts

Multi-Family

4 Baths

4 Bedrooms

Built in 1974

Price Summary

550,000

$272 per Sq. Ft.

MLS #:

10096877

Last Updated:

May 20, 2025, 03:03 AM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

2

Interior

Living Area:

2,021 Sq. Ft.


Structure

Structure

Architectural Style:

Bungalow

Building Area:

2,021 Sq. Ft.

Year Built:

1974


Finances & Disclosures

Finances

Price:

$550,000

Price per Sq. Ft:

$272 per Sq. Ft.

Source:NC BAAR
The information being provided by Burlington Alamance County Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Burlington Alamance County Association of REALTORS All rights reserved.

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