3918 Memory Ln, Raleigh, NC 27604
OFF MARKET

3918 Memory Ln
Raleigh, NC 27604

Northeast Raleigh
  • 3 Beds
  • 2 Baths
  • 1,152 sqft (on 0.34 acres)

$266,200

Trulia Estimate
as of May 16, 2026
Est. Refi. Payment $1,550/mo*
Refinance Your Home

$266,200

Trulia Estimate
as of May 16, 2026
Est. Refi. Payment $1,550/mo*
Refinance Your Home
3 Beds
2 Baths
1,152 sqft
(on 0.34 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Wow great investment property with long term tenants in place. Rent is 950.00 per month , Great return on your money, Great location for future growth. Tenants have been in place for two years and want to stay. Just over six months left on current lease. Rentals go fast in this area due to convenience to I 440, US 64, US 1 , If you are a investor you don't want to miss out on this investment before the end of the year rolls around.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 3918 Memory Ln

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Interior Details
Number of Rooms: 5

Property Information

Year Built
Year Built: 1959Year Updated: 1959
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Exterior Features

Exterior Home Features
DeckExterior: Wood

Community

Units in Building: 1

Lot Information

Lot Area: 0.34 acres

Price History for 3918 Memory Ln

DatePriceEventSource
02/08/2016$117,000Sold
Doorify MLS #2037299
12/11/2015$117,000PendingAgent Provided
11/05/2015$117,000Listed For SaleAgent Provided
03/21/2009$134,500ListingRemovedAgent Provided
01/18/2009$134,500Listed For SaleAgent Provided
04/05/2008$140,000ListingRemovedAgent Provided
03/09/2008$140,000Listed For SaleAgent Provided
04/02/2007$113,000Sold
N/A
12/20/2004$104,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$1,911
Assessment$216,884
Home facts updated by county records

Comparable Sales for 3918 Memory Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3103 N New Hope Rd, Raleigh, NC
0.19
Single-Family Home
$210,000
05/15/26
3
2
1,108
3404 Gemini Dr, Raleigh, NC
0.32
Single-Family Home
$328,500
09/09/25
3
2
1,357
3845 Marsh Creek Rd, Raleigh, NC
0.26
Single-Family Home
$325,000
12/17/25
3
1.5
1,595
3001 Pinehurst Dr, Raleigh, NC
0.37
Single-Family Home
$305,000
11/25/25
3
2
1,166
3620 Constellation Dr, Raleigh, NC
0.47
Single-Family Home
$339,900
04/20/26
3
2
1,274
2800 Dove Ln, Raleigh, NC
0.49
Single-Family Home
$290,000
12/05/25
3
2
1,333
3650 Durwood Ln, Raleigh, NC
0.29
Single-Family Home
$410,000
07/31/25
2
2
1,160
3806 Sue Ln, Raleigh, NC
0.22
Single-Family Home
$365,000
07/30/25
3
3
1,833
2716 Dove Ln, Raleigh, NC
0.52
Single-Family Home
$320,000
10/29/25
3
2
1,329
3716 Dusty Ln, Raleigh, NC
0.62
Single-Family Home
$180,000
04/24/26
3
1.5
1,356

Assigned Schools

These are the assigned schools for 3918 Memory Ln.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Northeast Raleigh
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Northeast Raleigh

At least 560 Trulia users voted on each feature.

  • 85 % Say car is needed

  • 85 % Say it's dog friendly

  • 79 % Say there are sidewalks

  • 74 % Say parking is easy

  • 69 % Say kids play outside

  • 66 % Say yards are well-kept

  • 66 % Say there's holiday spirit

  • 65 % Say streets are well-lit

  • 59 % Say it's quiet

  • 52 % Say people would walk alone at night

  • 47 % Say neighbors are friendly

  • 47 % Say they plan to stay for at least 5 years

  • 42 % Say it's walkable to grocery stores

  • 39 % Say there's wildlife

  • 33 % Say it's walkable to restaurants

  • 27 % Say there are community events

Learn more about our methodology.
  • Aron G
    "Narrow street and no sidewalk, but there are multiple dog owners walking regularly throughout the neighborhood."
    0
    Flag
  • Bertha Halsey
    "I live in Long Island New York me and my family trying to relocate to Raleigh NC I like and enjoy seeing the beautiful townhomes with screen porches. Also the neighborhood looks to be a safe area. I love to be close to stores and lots of restaurants and parks. I am ready to enjoy my retirement."
    8
    Flag
  • Janessacharity
    "there isn’t a lot of sidewalks so be careful, also lots of traffic so i don’t think your child or yourself should be walking on the side if there isn’t any sidewalks."
    2
    Flag
  • Tomas Fermin
    "There is a major soccer park with many leagues. Kids would love and plenty of different fields. Also near by elementary school is classified as magnet school which is just great."
    0
    Flag
  • Donovan
    "Great commute. Easy access to highways. Plenty of main roads as well. Can get to Apex, Cary, Clayton, etc. in about 30 minutes "
    0
    Flag
  • Gmxk5x72ks
    "We dont have any we just go downtown to have fun and that’s about it to there’s not much to do around here "
    1
    Flag
  • Dana Buckley
    "Pick up stations for dogs with trash close by, dog parks as well. I’ve seen all types of dogs in the neighborhood and most are friendly. "
    4
    Flag
  • Karla Delacruz
    "Good commute although a lot of traffic during peak hours. Downtown is about 15 minutes from Northeast Raleigh."
    3
    Flag
  • Trulia User
    "My neighborhood has great access to several bus stops. It’s right off capital so there is all of that traffic to contend with. But I like it as long as I have a car"
    2
    Flag
  • Trulia User
    "There are plenty of bus stops around the neighborhood and great availability for Lyft if you use riding sharing often. "
    3
    Flag
  • Trulia User
    "you see people walking dogs on the regular. Dogs seem to be well mannered and there are dog parks in the area."
    0
    Flag
  • Trulia User
    "Good neighborhood. Very good schools. Friendly neighbors. Great places to eat . Great Lakes near by."
    2
    Flag
  • Trulia User
    "Not sure. Have not been here long enough to know what makes it special. The location is good and easy access to the highways. "
    3
    Flag
  • Trulia User
    "Downtown is 9 to 10 miles away. So the commute is great after the 8 o’clock and 5 o’clock rush hour."
    0
    Flag
  • Trulia User
    "They would like the parks that are specifically for dogs. Traffic is an issue in some places between the hours of 4pm-6pm."
    1
    Flag
  • Trulia User
    "The neighborhood is really safe to walk your dog for a few miles or by yourself alone. I see people running at night and even early mornings."
    0
    Flag
  • Trulia User
    "Easy hopping on 440 and get right where I need to in no time. 540 and 440 are great and easy use highways "
    0
    Flag
  • Christina C.
    "You will constantly see neighbors walking their dogs. In fact, There are very few neighbors here that don’t have at least one dog. There is a dog park in the neighborhood. Also, there are doggy bags placed in kiosks throughout the neighborhood. This is an extremely dog friendly area. "
    31
    Flag
  • Zoe M.
    " It is close to most shops and the mall and people seem to mind there own business. However there are a lot of incidents with shootings and crimes, but the police are quick to respond. "
    127
    Flag
  • Graysonandmom
    "Luminaries on Christmas Eve with breakfast at the Community Center. Many houses decorate for Halloween & Christmas. Many longtime residents who care about the neighborhood & their neighbors."
    5
    Flag
  • Imdarealhoney
    "It’s a nice friendly neighborhood; I live near the police precinct, not a lot of crime in my neighborhood "
    2
    Flag
  • Lena D.
    "People let them off leashes, no sidewalks, don’t pick up after their dogs, some have vicious breeds, very busy high traffic main roads that are dangerous with fast moving traffic "
    6
    Flag
  • Jasminejohnson48
    "It’s near everything which makes thing convenient. Everyone is welcoming and friendly. There is always something to do for entertainment. Many choice to choose to eat from. The community is Pet friendly filled with nature parks Nd trails with lakes for fishing. North east Raleigh is a beautiful place to be. Warm and welcoming. "
    38
    Flag
  • Laura H.
    "Good I work downtown & it takes about 15 - 20 minutes down Capital Blvd. So pretty quick unless there is an accident. "
    3
    Flag
  • Jessica S.
    "I grew up in this neighborhood and my parents still live across the street. There’s a lot of families around and always people out walking their dogs and riding bikes with their children."
    2
    Flag
  • Debbie H.
    "The only thing that is good in the area I live in Northeast Raleigh is that there are a variety of stores and the mall within walking distance "
    34
    Flag
  • Graysonandmom
    "Many young families in our neighborhood. Nice park to play with wooded trail, two baseball fields, tennis courts & basketball courts. Luminaries align all streets every Christmas Eve, and many homes decorate for the season. Most neighbors tend to their landscaped lawns with seasonal flowers."
    4
    Flag
  • Sayra G.
    "There are many families in our neighborhood with children. great neighborhood to take walks with the family "
    1
    Flag
  • Desirae H.
    "I’ve grown up in Northeast Raleigh! Never experienced any crime or discrimination. Exactly place for families with children."
    17
    Flag
  • Jocapowell
    "Safe and nice area, good schools, pool. I would live here forever if I could . Lots of families with kids live here. Close to greenway."
    0
    Flag
  • Pamela L.
    "Northeast Raleigh is ever changing. I live the diversity of the community and the relatability i have with my neighbors. "
    2
    Flag
  • Rob
    "I've lived here 12 years, the area is a diverse mix of people, the neighborhood crowd are very physically active (lots of walking, running, bike riding, golfing) and the location is perfect, it's central to just about everything. I feel it's one of Raleigh's best kept secrets."
    26
    Flag
  • Christina C.
    "Within minutes of just about everything and less than 30 minutes from Durham as well. You could get away with public transportation or Uber, but I would highly suggest getting a car eventually. "
    1
    Flag
  • Jose G.
    "I don’t like this area. It is not safe . I seen police cars every day in action. I don’t recommend to live here. "
    29
    Flag
  • Celeste L.
    "it is a very neat and clean neighborhood. People keep their yards looking good and they maintain their yards. The houses are in good condition and well-kept."
    5
    Flag
  • log
    "Have an events for every holiday during the year. A lot of other events for the children in the neighborhood, which makes it fun."
    2
    Flag

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3918 Memory Ln, Raleigh, NC 27604 is a 3 bedroom, 2 bathroom, 1,152 sqft single-family home built in 1959. 3918 Memory Ln is located in Northeast Raleigh, Raleigh. This property is not currently available for sale. 3918 Memory Ln was last sold on Feb 8, 2016 for $117,000. The current Trulia Estimate for 3918 Memory Ln is $266,200.