3316 Arrowwood Drive, Raleigh, NC 27604

Looking for a home with options? This single-family 5-bedroom, 3-bathroom split-level home in Raleigh, NC, is full of potential and flexibility! Whether you're searching for a home to call your own, a property that generates rental income, or a smart investment opportunity, this one has you covered.

This versatile home is perfect for families, house hacking, or multi-generational living. If you qualify for a mortgage but want to ease the financial burden of today's higher monthly payments, this home offers a practical solution. Live in the upper level while renting out the lower level to offset your expenses. The lower level has a private exterior entrance through the backyard, making it ideal for extended family, tenants, or even a home office. Additionally, there is interior access between the two levels if desired, offering even more flexibility.

The upper level features 3 bedrooms, 2 bathrooms, a cozy living room, and a spacious kitchen and dining area. The lower level includes 2 bedrooms, 1 bathroom, a living room, and a fully equipped kitchen. Use the home as one large single-family space or keep the two levels separate for rental income—the choice is yours!

Recent updates include a roof, HVAC, and water heater, all replaced within the last seven years. Inside, you'll find modern LVP flooring on the lower level, updated tile in the bathrooms, and newer carpet upstairs (with possible hardwood underneath!). The outdoor spaces are just as versatile, with a deck off the main level and a patio below, perfect for relaxing or entertaining.

Conveniently located in Raleigh, NC, just minutes from the Beltline and downtown, this home offers easy access to everything you need. Whether you're looking for your next home, an investment property, or a creative way to reduce housing costs, this property is worth a look!