$2,640,000
SOLD AUG 20, 2024

1322 E Lenoir St Raleigh, NC 27610

3 Beds
3.5 Baths
1,656 Sq Ft
0.26 Acres

Recently Sold

$1,594 Per Sq Ft

2% Below List Price

26 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Stainless Steel Appliances
  • Two Primary Bedrooms
  • Quartz Countertops
  • Double Vanity

About This Home

As of August 2024

INVESTOR'S DREAM IN DOWNTOWN RALEIGH: Welcome to The Lenoir Collection, a stunning new modern duplex development offering impeccable details in a premier location. Situated in the heart of downtown Raleigh, this brand-new development comprises three duplexes, totaling 6 units.Each unit features a spacious 3-bed, 3.5-bath layout spanning 1656 sq ft across 3 floors, providing two primary bedroom options ideal for maximizing rental income. Investors have the opportunity to purchase more than one duplex for additional incentivized pricing.These homes boast upper-tier finishes, beautiful kitchens & baths, no carpet, and abundant natural light streaming through fixed windows. Additionally, each unit includes a second-floor balcony and convenient parking.With a quick walk to downtown Raleigh, this presents a wealth of Airbnb possibilities for savvy investors and fulfills the dream of homebuyers. Whether you're in the market for an entire duplex or the full portfolio, this exclusive offering from a local builder is a rare find. You won't find this caliber of property anywhere else downtown at such an attractive price point. Invest in one of the hottest markets in the country!

Last Agent to Sell the Property

Emilee Carraway

Compass -- Raleigh License #286915 Listed on: 05/31/2024

Compass -- Raleigh

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,157

Year Built

  • Built in 2024 | New Construction

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,656 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Recessed Lighting

Kitchen

  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Double Vanity
  • Walk-in Shower

Additional Features

  • 0.26 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 1713.10-36-0098 0035620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,157

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Year Built: 2024
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1656.0
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Effective Year Built: 2024
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-05-24
  • Property Condition Framed: Yes
  • Flooring Vinyl: Yes
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • Interior Features Second Primary Bedroom: Yes
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1656.0
  • General Property Information Lot Size Square Feet2: 11325.6
  • General Property Information Lot Size Acres: 0.26
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Flooring: Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Kitchen Island, Quartz Counters, Recessed Lighting, Second Primary Bedroom, Walk-In Closet(s), Walk-In Shower
  • Appliances: Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Recessed Lighting: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.26
  • Construction Type: Fiber Cement
  • Foundation Details: Other
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Lot Info

  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 1713.10-36-0098 0035620

Rental Info

  • Owner Pays: See Remarks

Tax Info

  • Tax Annual Amount: 2157.49
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 4

Similar Home in Raleigh, NC

  • 1322 E Lenoir St, Raleigh, NC 27610

    $2,800,000

    • 18 Beds
    • 24 Baths
    • 9,936 Sq Ft
    • 1322 E Lenoir St
    • Raleigh, NC

    Searching for the unicorn opportunity that only comes along once in a blue moon? Look no further than the Lenoir Collection - an investor's dream come true with 5 of 6 units currently leased. Conveniently located near the heart of Downtown Raleigh, this package sale includes 3 newly constructed, duet style buildings, offering 6 premium units in total. Each unit has been built with exquisite

    Johnny Chappell Compass -- Raleigh

    Section Image
See All Homes in Raleigh

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $2,800,000 +6.1% $282 / Sq Ft
08/20/2024 08/20/24 Sold $2,640,000 -2.2% $1,594 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $2,700,000 -- $1,630 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Johnny Chappell

    Seller's Agent in 2025

    Johnny Chappell

    Compass -- Raleigh

    (919) 737-2247

    866 Total Sales

    Johnny Chappell
    Section Image
  • Billy Hoffman

    Seller Co-Listing Agent in 2025

    Billy Hoffman

    Compass -- Raleigh

    (919) 360-9218

    170 Total Sales

    Billy Hoffman
    Section Image
  • George Patrick III

    Buyer's Agent in 2025

    George Patrick III

    Berkshire Hathaway HomeService

    (919) 278-7420

    91 Total Sales

    George Patrick III
    Section Image

  • E

    Seller's Agent in 2024

    Emilee Carraway

    Compass -- Raleigh

    (919) 781-4452

    156 Total Sales

    Emilee Carraway
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Non Member Office

See All Agents

Map

Source: Doorify MLS

MLS Number: 10032770

Doorify MLS
North Carolina Wake County Raleigh 27610

1322 E Lenoir St, Raleigh, NC

This home is located at 1322 E Lenoir St, Raleigh, NC 27610 and is currently priced at $2,640,000, approximately $1,594 per square foot. This property was built in 2024. 1322 E Lenoir St is a home located in Wake County with nearby schools including Southeast Raleigh Elementary School, Centennial Campus Magnet Middle School, and Southeast Raleigh Magnet High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes