Located in the Triangle region of North Carolina, encompassing Raleigh, Durham, and Chapel Hill, Deaton Investment Real Estate, Inc. specializes in brokering income-producing multi-family investment properties. Throughout all of North Carolina, we maximize opportunities for buyers and sellers of rental investment property, from large apartment complexes to duplexes, triplexes and quads.
The company was founded in 1981 by Steve Deaton, who still operates it today. We work with individual, family-oriented buyers and sophisticated, institutional investors.
Our goal is always the same: earn, keep and respect the customer’s business.
Steve grew up in Southern Pines, NC, where he graduated from Pinecrest High School. He attended NC State, graduating with honors in 1979 from the School of Design. In 1981, Steve founded Deaton Investment Real Estate to focus primarily on the brokerage of multi-family property.
Steve’s tenure in the industry and involvement in more than 1,500 transactions enables him to provide customers with unmatched insight into local and national real estate trends. Many of the systems and marketing initiatives he created upon founding the company remain intact today, ensuring every customer, whether buyer or seller, receives comprehensive attention and above all else, a smooth, profitable transaction.
Steve’s many years of experience give him an in-depth and objective understanding of investment real estate and it’s financial benefits. He has held leadership roles and served on the boards of several Triangle business organizations. Steve lives in Raleigh with his wife and has two adult sons.
“T” (short for Thomas) has always called the Triangle of North Carolina home. Born and raised in Durham, he received a Bachelor of Arts in Economics from Duke University in 2003. At Duke he was also a walk-on for the baseball team where he surrendered home runs in both of his pitching appearances.
T.’s diversified experience includes commercial brokerage, construction and development consulting, property management, and real estate marketing. He worked at Deaton from 2006 through 2012 and rejoined the team in 2016.
At Deaton, T. handles operations and general brokerage duties, working with sellers to market their properties for sale and consults investors on buying decisions. T. lives in Raleigh with his wife and their two children.
Born and raised in Raleigh, Michael graduated from East Carolina University in 2014. Michael has an unending energy and passion for helping his clients achieve their real estate goals. In his first year at a triangle-based, commercial real estate firm Michael completed 17 commercial transactions. He joined his father at Deaton in 2015 in an effort to expand the firm’s general commercial real estate and investment brokerage services. After just two years with Deaton, Michael was responsible for nearly $100 million in apartments sales.