$1,900,000

1106 S East St Raleigh, NC 27601

South Park Neighborhood

Estimated payment $11,569/month

Total Views 73,366
20 Beds
10 Baths
8,880 Sq Ft
$214 Price per Sq Ft

Highlights

  • City View
  • 0.93 Acre Lot
  • End Unit
  • Fuller Elementary Rated A-
  • Transitional Architecture
  • 1-minute walk to Junious N. Sorrell Park

About This Home

Discover this rare investment opportunity with the Bragg and East Collection, ideally located within walking distance to the vibrant heart of downtown Raleigh. This package offers strong redevelopment potential, both in its current form as a partially leased 5 duplex package (comprised of ten (10) 2bed/1bath units, totaling 20 bedrooms, 10 baths and 8,880 square feet) or as a small future new-construction townhome/condo or single family home subdivision. The site is currently zoned R-10 and in the South Park Neighborhood Overlay District and could potentially yield up to ~18-20 townhome/condo units, to be confirmed with the City of Raleigh by Buyer. This property is perfect for an individual or group looking for a small multifamily asset to improve and hold, as it offers very strong future (and current) redevelopment potential. Or perfect for a builder-buyer looking to build new construction homes in Raleigh's popular South Park neighborhood today. Don't miss the chance to capitalize on this prime location and transform its potential into reality.

Listing Agent

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 07/25/2025

Compass -- Raleigh

Co-Listing Agent

Ivan Hovis Gobern

Compass -- Raleigh License #289607

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,350

Year Built

  • Built in 1986

Lot Details

  • 0.93 Acre Lot
  • End Unit
  • No Units Located Below
  • No Unit Above or Below
  • 1 Common Wall
  • Cleared Lot
  • Few Trees
  • Back and Front Yard

Property Views

  • City
  • Neighborhood

Home Design

  • Duplex
  • Transitional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 8,880 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Full Bathrooms
  • Bathtub with Shower

Attic

  • Scuttle Attic Hole
  • Unfinished Attic

Parking

  • 20 Parking Spaces
  • Tandem Parking
  • Private Driveway
  • 2 Open Parking Spaces

Schools

  • Fuller Elementary School
  • Carnage Middle School
  • Broughton High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1703837960;1703838930;1703848101;1703848004;170383

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 10 Units
  • South Park Subdivision

Recreation

  • Community Playground

Building Details

  • 5 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,350

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: South Park
  • Above Grade Finished Sq Ft: 8880.0
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Utilities Cable Available: Yes
  • Attic Features Scuttle: Yes
  • Common Walls End Unit: Yes
  • Attic Features Unfinished2: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 8880.0
  • Vegetation Cleared2: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • View Neighborhood4: Yes
  • General Property Information Number Of Units Total3: 10.0
  • Structure Type Duplex: Yes
  • General Property Information Lot Size Square Feet2: 40510.8
  • General Property Information Number Of Buildings2: 5.0
  • General Property Information Lot Size Acres: 0.93
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Combination, Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Eat-in Kitchen, Kitchen/Dining Room Combination, Laminate Counters
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Free-Standing Electric Range
  • Basement YN: No
  • Full Bathrooms: 10
  • Total Bedrooms: 20
  • Entry Location: Living Area
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: None
  • Fencing: None
  • Acres: 0.93
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:City Lot: Yes
  • View:City3: Yes
  • Exterior Features:None6: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway, Tandem
  • Total Parking Spaces: 20.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Parking Total: 20.0
  • Parking Features:Tandem: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric
  • Cooling: Central Air, Electric, Varies by Unit
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Community Features: Playground, Street Lights
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Carnage

Lot Info

  • Lot Size Sq Ft: 40510.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 1703837960;1703838930;1703848101;1703848004;170383

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 17350.0
  • Tax Year: 2025

Multi Family

  • Number Of Units Total: 10
  • Number of Month to Month Units: 5
  • Number Of Units Vacant: 5

MLS Schools

  • Elementary School: Wake - Fuller

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,469 $393,208 $279,000 $114,208
2024 $3,455 $393,208 $279,000 $114,208
2023 $4,067 $369,472 $297,500 $71,972
2022 $3,781 $369,472 $297,500 $71,972
2021 $3,635 $369,472 $297,500 $71,972
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $1,900,000 -- $214 / Sq Ft
Source: Doorify MLS

About the Listing Agent

Johnny Chappell
Johnny Chappell

Compass -- Raleigh

(919) 635-9496

Section Image

Chappell has been one of the leading independent real estate firms in the Triangle. Led by top Triangle real estate broker and developer Johnny Chappell, the team has become closely associated with contemporary, new-construction development, and represents hundreds of buyers and sellers throughout the region. This expert team notably launched and represented multiple award-winning properties throughout the Triangle – including the Clark Townhomes in The Village District and West + Lenoir in

View Johnny's Profile

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Source: Doorify MLS

MLS Number: 10111847

Doorify MLS

APN: 1703.16-84-8101-000

North Carolina Wake County Raleigh 27601 South Park

1106 S East St, Raleigh, NC

This home is located at 1106 S East St, Raleigh, NC 27601 and is currently priced at $1,900,000, approximately $213 per square foot. This property was built in 1986. 1106 S East St is a home located in Wake County with nearby schools including Fuller Elementary, Salem Middle, and Broughton Magnet High School.

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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Johnny Chappell
Johnny Chappell
Listing Agent Section Image
Compass -- Raleigh
(919) 635-9496