4 Dixie Trail Raleigh, NC 27607
University Park NeighborhoodEstimated payment $4,154/month
Highlights
- Hot Property
- Additional Residence on Property
- Property is near public transit
- Olds Elementary School Rated A
- City View
- Wood Flooring
About This Home
A rare, high-yield opportunity across from NC State Campus Life. 1930s Historic Stone Craftsman with brand-new 304 SF ADU along with 1,223 SF main home. Current income $4,800/mo with 4-student lease in place starting July 2026. Prime walkable location less than 2 minutes to campus, steps to CVS & grocery, 1 block to Cuppa Joe, 4 blocks to Target, and 8 blocks to the Bell Tower. Classic charm meets modern functionality with multi-car off street parking, a large covered front porch, formal living room, oversized dining room, home office, sunroom, ceiling fans throughout, a full unfinished basement, on-site laundry and new storage shed plus excellent curb appeal. Minutes to Downtown Raleigh (5 min), Beltline 440/Hillsborough exit (3 min), and Whole Foods & Wade Ave (6 min). Rare turnkey campus-adjacent asset ideal for long-term hold or premium rental strategy.
Open House Schedule
-
Sunday, February 15, 202612:00 to 2:30 pm2/15/2026 12:00:00 PM +00:002/15/2026 2:30:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,983
Year Built
- Built in 1930
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 50x90x58x88
- Vinyl Fence
- Landscaped
- Rectangular Lot
- Level Lot
- Few Trees
- Private Yard
- Grass Covered Lot
- Front Yard
- Historic Home
- Property is zoned R-6
Home Design
- Bungalow
- Entry on the 1st floor
- Brick or Stone Mason
- Concrete Foundation
- Stone Foundation
- Architectural Shingle Roof
- Asbestos Shingle Roof
- Stucco
- Lead Paint Disclosure
- Stone
Interior Spaces
- 1,223 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Fireplace With Glass Doors
- Screen For Fireplace
- Fireplace Features Blower Fan
- Gas Log Fireplace
- Stone Fireplace
- Blinds
- Wood Frame Window
- French Doors
- Living Room with Fireplace
- L-Shaped Dining Room
- Home Office
- City Views
Kitchen
- Free-Standing Gas Oven
- Plumbed For Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- In-Law or Guest Suite
- 1 Full Bathroom
- Bidet
- Bathtub
Laundry
- Dryer
- Washer
Attic
- Scuttle Attic Hole
- Unfinished Attic
Unfinished Basement
- Partial Basement
- Interior Basement Entry
- Block Basement Construction
Home Security
- Closed Circuit Camera
- Smart Thermostat
- Storm Windows
Parking
- No Garage
- Private Driveway
- On-Street Parking
- On-Site Parking
- 2 Open Parking Spaces
- Parking Permit Required
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Schools
- Olds Elementary School
- Martin Middle School
- Broughton High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Electric Water Heater
- Phone Available
- Satellite Dish
- Cable TV Available
Additional Features
- Accessible Electrical and Environmental Controls
- Additional Residence on Property
- Property is near public transit
- Grass Field
Community Details
- No Home Owners Association
- Bagwell Subdivision
Listing and Financial Details
- Assessor Parcel Number 079415622600
3D Interior and Exterior Tours
Floorplans
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,983 | $566,750 | $300,000 | $266,750 |
| 2024 | $4,080 | $467,524 | $300,000 | $167,524 |
| 2023 | $4,073 | $371,834 | $270,000 | $101,834 |
| 2022 | $3,785 | $371,834 | $270,000 | $101,834 |
| 2021 | $3,638 | $371,834 | $270,000 | $101,834 |
| 2020 | $3,572 | $371,834 | $270,000 | $101,834 |
| 2019 | $3,258 | $279,366 | $127,500 | $151,866 |
| 2018 | $3,072 | $279,366 | $127,500 | $151,866 |
| 2017 | $2,926 | $279,366 | $127,500 | $151,866 |
| 2016 | $2,866 | $279,366 | $127,500 | $151,866 |
| 2015 | $2,300 | $220,203 | $100,500 | $119,703 |
| 2014 | $2,182 | $220,203 | $100,500 | $119,703 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | For Sale | $720,000 | -- | $589 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $120,000 | -- |
About the Listing Agent
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
Johnny's Other Listings
Source: Doorify MLS
MLS Number: 10144719
APN: 0794.15-62-2600-000
- 3100 Raymond St
- 212 Brooks Ave
- 3113 Clark Ave
- 403 Brooks Ave
- 2809 Barmettler St
- 2603 Van Dyke Ave
- 2601 Van Dyke Ave
- 29 Enterprise St Unit 309
- 2208 Stafford Ave
- 617 Tower St
- 712 Beaver Dam Rd
- 1003 Canterbury Rd
- 2305 Turners Aly
- 1000 Canterbury Rd
- 811 Maple Berry Ln Unit 103
- 811 Maple Berry Ln Unit 105
- 805 Tower St Unit 101
- 2212 Bedford Ave
- 810 Maple Berry Ln Unit 106
- 810 Maple Berry Ln Unit 105
- 3001 Hillsborough St
- 3009 M E Valentine Dr
- 3101 Hillsborough St
- 3116 Hillsborough St
- 3109 Clark Ave
- 2809 Kilgore Ave
- 2814 Kilgore Ave
- 2812 Mayview Rd
- 2304 Hillsborough St
- 102 Logan Ct
- 2306 Stafford Ave Unit D
- 401 Oberlin Rd
- 2717 Western Blvd
- 3000-3030 Spanish Ct
- 305 Oberlin Rd
- 2128 Clark Ave
- 2803 Wade Ave
- 2801 Wade Ave
- 616 Oberlin Rd
- 912 Dixie Trail