About This Home

This 2-bedroom, 2-bathroom residential multi family at 5520a Kaplan Drive in Raleigh, NC is listed for $200,000 ($198 per sqft). Built in 1981, the home offers 1,012 sqft of living space on a 0.18 acres lot.

Key Features

  • Built in 1981
  • 0.18 acre lot
  • 2 stories
  • 2 parking spaces
  • Fireplace

Property Details

2 stories
1 full, 1 half
2 spaces
1981

Amenities

FireplaceA/C
Listing Description

Projected $1,400 Monthly Rent, This property cash flows. Just off 540, 2.4 miles to NC State University, 4.8 miles to UNC Rex Hospital, 2 bed 1 1/2 bath, one block from walking trails around Lake Johnson. Laundry room, deck backs up to woods, wood-burning fireplace in living room, 2 off street parking spaces at front of unit. 2.7 miles to Meredith College. Can't beat this location. Investment Property. Currently rented until 8/31/27. GREAT DEAL. Don't let this opportunity pass you by.

Monthly Cost Estimate

$1,070/mo

20% down · 6.5% · 30 years

Principal$145
Interest$867
Insurance$58

Estimates only. Actual payments may vary.

Location

5520a Kaplan Drive

Raleigh, NC 27606

Athena Woods

Features & Amenities

Interior Features

Bathtub/Shower CombinationCeiling Fan(s)

Exterior Features

Rain Gutters

Property Details

Flooring

LaminateCarpetVinyl

Outdoor Features

PorchDeck

Heating

Heat Pump (Heating)

Cooling

Central Air

Appliances

DishwasherDryerFree-Standing RangeFree-Standing RefrigeratorWasherWater Heater

Questions & Answers

This 2-bedroom, 2-bathroom residential multi family at 5520a Kaplan Drive is listed at $200,000 ($198/sqft). The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1981, 0.18 acre lot, 2 stories, 2 parking spaces, Fireplace. Interior Features: Bathtub/Shower Combination, Ceiling Fan(s). Exterior Features: Rain Gutters.

This property is listed by Carl Johnson.

CJ

Carl Johnson

Agent at Coldwell Banker Howard Perry and Walston

Listed by Coldwell Banker Howard Perry and Walston · Broker phone: (919) 789-5200 · View on Broker Site · Broker website

MLS# 10202108· Source: Doorify MLS· 5 days on PropertySimple

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5520a Kaplan Drive, Raleigh, NC 27606

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