NOT LISTED FOR SALE

209 Freeman St Raleigh, NC 27601

Olde East Raleigh Neighborhood

Estimated Value: $386,000 - $558,000

4 Beds
2 Baths
1,700 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $450,000 $265 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,604/month

10 Days on Market

Highlights

  • Transitional Architecture
  • Stairway
  • Carpet
  • Root Elementary School Rated A
  • Wood Siding
  • 4-minute walk to Davie Street Park

About This Home

As of June 2024

Attention builders and investors, this is a fantastic opportunity as located in the heart of Downtown Raleigh. This duplex offers (2) units both have (2) bedrooms and (1) bath with additional space to maximize additional rents.
This duplex can also be converted to a single family home if that fits your interest.

Last Agent to Sell the Property

Brent Henson

Compass -- Raleigh License #172086 Listed on: 05/20/2024

Compass -- Raleigh

Last Buyer's Agent

Dean Weaver-Mueck

Aimee Anderson & Associates License #204746

Aimee Anderson & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,639

Year Built

  • Built in 1920

Lot Details

  • 3,049

Home Design

  • Transitional Architecture
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Stairway
  • 3,049 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1713183034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,639

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1700.0
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Architectural Style Transitional: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Property Condition Fixer: Yes
  • Roof:Shingle: Yes
  • Heating None12: Yes
  • Cooling None4: Yes
  • General Property Information Above Grade Finished Area: 1700.0
  • Foundation Details PillarPostPier: Yes
  • General Property Information Number Of Units Total3: 2.0
  • General Property Information Lot Size Square Feet2: 3049.2
  • Foundation Details Raised: Yes
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Lot Size Acres: 0.07
  • General Property Information:Living Area3: 1700.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Shingle
  • Acres: 0.07
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier, Raised
  • Construction Materials:Wood Siding: Yes
  • Accessibility Features:Accessible Stairway: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: None
  • Parking Features:None16: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: None
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public

Lot Info

  • Zoning: R-10
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 1713183034

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1639.0
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
May 29, 2024
Sold by
Crow Group Inc
Bought by
Dom Inc
Seller's Agent
Brent Henson
Compass -- Raleigh
Buyer's Agent
Dean Weaver-Mueck
Aimee Anderson & Associates
List Price
$450,000
Sold Price
$450,000
Views
229
Current Estimated Value
$452,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,901
Avg. Annual Appreciation
0.41%

Purchase Details

Closed on
Feb 27, 2023
Sold by
Trioaks Capital Llc
Bought by
Crow Group Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

Date Buyer Sale Price Title Company
Dom Inc $450,000 None Listed On Document
Dom Inc $450,000 None Listed On Document
Crow Group Inc $290,000 --
Trioaks Capital Llc $204,500 Attorneys Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2024 06/05/24 Sold $450,000 0.0% $265 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $450,000 -- $265 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

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 $2,817 $318,474 $261,000 $57,474
2024 $2,806 $318,474 $261,000 $57,474
Source: Public Records

Agents Affiliated with this Home

  • Brent Henson

    Seller's Agent in 2024

    Brent Henson

    Compass -- Raleigh

    (919) 272-3152

    3 in this area

    72 Total Sales

    Brent Henson
    Section Image
  • Dean Weaver-Mueck

    Buyer's Agent in 2024

    Dean Weaver-Mueck

    Aimee Anderson & Associates

    (919) 601-4200

    1 in this area

    14 Total Sales

    Dean Weaver-Mueck
    Section Image

  • D

    Buyer's Agent in 2024

    Dean Mueck

    Strother Property Management

See All Agents

Map

Source: Doorify MLS

MLS Number: 10030593

Doorify MLS

APN: 1713.05-18-3034-000

North Carolina Wake County Raleigh 27601 Olde East Raleigh

209 Freeman St, Raleigh, NC

Not Listed for Sale

MultiFamily

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