# 850 Athens Drive, Raleigh, NC 27606

> **TL;DR:** 8bd/3ba residential multi family, $659,000 ($242/sqft), built 1965, 2,727 sqft.
> Hardwood, A/C. Est. $2,856/mo. Listed 17 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $659,000 |
| Price/sqft | $242 |
| Bedrooms | 8 |
| Bathrooms | 3 full |
| Square Feet | 2,727 |
| Year Built | 1965 |
| Lot Size | 23,958 sqft (0.55 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 17 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,856 |
| **Total** | **$2,856** |

## Nearby Schools

- **Elementary:** Wake - Farmington Woods
- **Middle:** Wake - Martin
- **High:** Wake - Athens Dr

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1965
- 0.55 acre lot

## Description

### Agent Description
Rare opportunity for a classic brick 3-unit apartment building near downtown Raleigh and NC State University. Located on a 0.55 acre lot zoned R6. The building features two 3 bedroom, 1 bath units and one 2 bedroom, 1 bath unit. The 2 bed unit is currently empty to allow for showings with an asking price of $1200/month. Left unit (850) rents for $1350 & expires 1/31/2027. Right unit (854) rents for $1260 & expires 8/31/2026. Upside for the new owner includes possible redevelopment, light renovation of existing units to increase rent, and building an ADU, pending city approval and land use requirements. Or new investors have a chance to live in the empty unit while building equity. Regardless of your strategy don't miss out on the chance to stake your claim to Raleigh's ever-growing real estate market!

## Location

- **Address:** 850 Athens Drive, Raleigh, NC 27606
- **County:** Wake
- **Neighborhood:** Not in a Subdivision
- **Coordinates:** 35.77659, -78.720181
- **Google Maps:** https://www.google.com/maps?q=35.77659,-78.720181

## Listing Agent

- **Name:** George Patrick III
- **Brokerage:** Berkshire Hathaway HomeService
- **Phone:** 9192787420
- **Email:** george@georgepatrick.net

## Primary Photo

![850 Athens Drive - Primary Photo](http://lh.rdcpix.com/e1d29e6a62d12b8c0c90e2072c71e9bcl-f2761380920r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/850-athens-drive-raleigh-nc-27606-10168019)*

---

**MLS#:** 10168019 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/850-athens-drive-raleigh-nc-27606-10168019)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "850 Athens Drive, Raleigh, NC 27606",
  "description": "Rare opportunity for a classic brick 3-unit apartment building near downtown Raleigh and NC State University. Located on a 0.55 acre lot zoned R6. The building features two 3 bedroom, 1 bath units and one 2 bedroom, 1 bath unit. The 2 bed unit is currently empty to allow for showings with an asking price of $1200/month. Left unit (850) rents for $1350 & expires 1/31/2027. Right unit (854) rents for $1260 & expires 8/31/2026. Upside for the new owner includes possible redevelopment, light renovat",
  "url": "https://www.propertysimple.com/listing/850-athens-drive-raleigh-nc-27606-10168019",
  "image": "http://lh.rdcpix.com/e1d29e6a62d12b8c0c90e2072c71e9bcl-f2761380920r.jpg",
  "datePosted": "2026-06-18",
  "price": 659000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "850 Athens Drive",
    "addressLocality": "Raleigh",
    "addressRegion": "NC",
    "postalCode": "27606",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 35.77659,
    "longitude": -78.720181
  },
  "numberOfBedrooms": 8,
  "numberOfBathroomsTotal": 3,
  "numberOfFullBathrooms": 3,
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 2727,
    "unitCode": "FTK"
  },
  "yearBuilt": 1965
}
```