Fox Rd Townhouse Portfolio

For Sale

6120 Fox Road, Raleigh, NC 27616

This Raleigh property for sale is located at 6120 Fox Road. The current listed sale price for Fox Rd Townhouse Portfolio is $4,500,000. Fox Rd Townhouse Portfolio is situated on a lot that is 1.37 acre in size.

Contacts

Brant Ruben

CityPlat Brokerage

Property Details

  • Property Type Multi-Family
  • Property Size 22,950 SF
  • Units 12
  • Lot Size 1.37 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2023
  • Date Updated Jun 29, 2026
Located in the heart of North Raleigh, this portfolio sits within one of the region’s fastest-growing residential corridors. The Fox Road and Malone Court area offers a balance of strong rental demand, high-income demographics, and immediate connectivity to I-540, US-401, and Capital Boulevard. Residents benefit from close proximity to Research Triangle Park, WakeMed North Hospital, and the Triangle Town Center retail district, while nearby employers, schools, and recreational amenities create consistent long-term leasing demand. Raleigh continues to rank among the top metros in the country for population and job growth, fueled by expanding technology, healthcare, and education sectors. With limited new townhome inventory and strong absorption, this location provides an ideal setting for both stable income and long-term appreciation.Introducing a rare investment opportunity in North Raleigh — a newly constructed twelve-unit townhome portfolio along Fox Road and Malone Court. Completed in 2023, the property spans approximately 22,950 square feet across three buildings and is fully occupied, producing strong in-place income from day one. Each unit is individually deeded, giving investors flexibility to hold as a stabilized rental portfolio or sell units individually to capture retail-level pricing. This feature creates a unique balance of current cash flow and future optionality rarely found in today’s market. Zoned R-10 and surrounded by strong housing demand, this offering represents a modern, low-maintenance asset positioned for both yield and appreciation. With 100% occupancy, recent construction, and minimal operating overhead, it stands as one of the few true turnkey opportunities in North Raleigh
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Highlights

  • ±22,950 SF across three newly constructed buildings
  • 100% leased, generating immediate income with minimal overhead
  • Built in 2023 — modern design and low-maintenance construction
  • Flexibility to sell units individually and establish an HOA for retail disposition
  • Located near I-540, major employment hubs, and Triangle Town Center
  • Turnkey investment offering both stable cash flow and long-term appreciation
  • Twelve fee-simple townhome units, each deeded separately
  • Zoned R-10 in the high-growth North Raleigh corridor

Getting around

  • 52/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 35/100

    Bike Score ®

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Location

  • City Raleigh, NC
  • Neighborhood Village of Fox Run
  • Zip Code 27616
  • Market Raleigh Durham

Points of Interest

  • Raleigh

    7.52 miles

  • Refuel

    0.22 miles

  • Valero

    0.80 miles

  • BP

    1.04 miles

  • BJ's Gas

    1.11 miles

  • Team Beverage

    1.21 miles

  • Circle K

    1.54 miles

  • Sheetz

    1.55 miles

  • Exxon

    1.57 miles

  • Speedway

    1.64 miles

  • Tesla Supercharger

    4.72 miles

  • Parking Deck 2

    1.43 miles

  • Parking Deck 1

    1.50 miles

  • South Parking Lot

    1.94 miles

  • North Parking Lot

    2.25 miles

  • Neuse River Trailhead #8 Parking

    2.26 miles

  • Buffalo Road Athletic Park Trailhead #88 Parking

    2.41 miles

  • Buffalo Road Aquatic Center Parking Lot

    2.52 miles

  • Durant Middle School Parking Lot

    3.05 miles

  • Highwoods Properties: Highwoods Tower Two

    3.77 miles

  • Bedford Pool Parking

    4.24 miles

  • Home2 Suites

    0.38 miles

  • Courtyard Raleigh North/Triangle Town Center

    0.81 miles

  • Fairfield Inn

    0.87 miles

  • Hilton Garden Inn

    0.87 miles

  • Fairfield Inn & Suites Raleigh Capital Blvd./I-540

    0.87 miles

  • Hampton Inn Raleigh-Capital Blvd. North

    0.90 miles

  • Super 8 by Wyndham Raleigh North East

    2.39 miles

  • Woodspring Suites Raleigh

    2.57 miles

  • Americas Best Value Inn North Capital

    2.81 miles

  • InTown Suites Extended Stay Raleigh NC

    3.03 miles

  • Marshalls

    0.07 miles

  • Ross

    0.09 miles

  • Target

    0.18 miles

  • Walmart Supercenter

    0.42 miles

  • Macy's

    0.42 miles

  • Saks Fifth Avenue

    0.49 miles

  • Triangle Town Center

    0.54 miles

  • Belk

    0.58 miles

  • Sears

    0.65 miles

  • Dillard's

    0.65 miles

Contact Listing Broker
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