About This Home
This 42-bedroom, -bathroom residential multi family at 3712 Mineral Mill in Raleigh, NC is listed for $5,650,000 ($200 per sqft). Built in 2026, the home offers 28,224 sqft of living space on a N/A lot.
Key Features
- Built in 2026
- 3 stories
Property Details
Amenities
Mitchell Mill offers a rare opportunity to acquire a full 14-unit, new-construction townhome community in North Raleigh. Adjacent land may also be included for an amenity area, guest parking, or future expansion of up to four additional units. Leasing began in July, and three units are already leased through summer 2027 at $2,100, $2,195, and $2,295 per month, with additional inquiries continuing to come in.
Each three-level townhome features three bedrooms, a flexible loft, open living areas, a private deck, second-floor laundry, generous storage, a spacious primary suite, and a one-car garage. Conveniently located near I-540, Mitchell Mill provides easy access to Downtown Raleigh, RTP, shopping, dining, and nearby greenways. With strong early leasing activity, new-construction quality, and expansion potential, the community presents a compelling investment opportunity.
Monthly Cost Estimate
$30,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3712 Mineral Mill
Raleigh, NC 27616
Mitchell Mill
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 42-bedroom, null-bathroom residential multi family at 3712 Mineral Mill is listed at $5,650,000 ($200/sqft). The estimated monthly payment is $30,407 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $190/month.
Key features include: Built in 2026, 3 stories. Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer. Exterior Features: Rain Gutters.
This property is listed by Johnny Chappell and can be reached at 9197372247.


