$1,950,000
PENDING

407 N Boylan Ave Raleigh, NC 27603

Hillsborough Neighborhood

Estimated payment $11,269/month

Total Views 4,884
2 Beds
1.5 Baths
1,323 Sq Ft
$1,474 Price per Sq Ft

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Cooling Available
  • Wiley Elementary Rated A-
  • No HOA
  • 1-Story Property

About This Home

Rare opportunity! Calling all investors and developers - unlock the potential of downtown Raleigh with this exceptional near 1/2-acre development site at 407 and 411 N Boylan Ave. Currently featuring 3 existing structures, this property offers a unique opportunity for a transformative project in a high-demand location with unparalleled access to amenities and high foot traffic. Flexible zoning makes this site perfect for mixed-use development. This high-growth area brings strong rental demand, offers significant ROI, and is ready for investors looking to capitalize on Raleigh's booming market. Selling as is. Selling as 1 lot. Don't miss your chance to create a legacy in the heart of downtown Raleigh!

Listing Agent

Elizabeth Wrenn

EXP Realty LLC License #313232 Listed on: 08/15/2025

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,717

Year Built

  • Built in 1910

Lot Details

  • 0.26 Acre Lot
  • Property is zoned OX-3

Home Design

  • Victorian Architecture
  • Mixed Use
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Asphalt Roof

Interior Spaces

  • 1,323 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Schools

  • Wiley Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Cooling Available
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1704400938

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,717

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • Prop. Type: Residential
  • Horses: No
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1323.0
  • Architectural Style: Victorian
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Primary Bedroom Level: Main
  • Flooring Wood: Yes
  • General Property Information Senior Community YN: No
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 1323.0
  • General Property Information Carport YN: No
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Roof Asphalt3: Yes
  • Architectural Style Victorian: Yes
  • Foundation Details PillarPostPier: Yes
  • General Property Information Lot Size Square Feet2: 11325.6
  • General Property Information Lot Size Acres: 0.26
  • Structure Type Mixed Use: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Private Spa: No
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt, Tar/Gravel
  • Acres: 0.26
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Pillar/Post/Pier
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Baseboard
  • Cooling: Ceiling Fan(s), Dual
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Zoning: OX-3
  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 1704400938

Tax Info

  • Tax Annual Amount: 8717.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Wiley

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 $8,750 $926,533 $741,287 $185,246
2024 $8,717 $926,533 $741,287 $185,246
2023 $7,522 $686,413 $566,866 $119,547
2022 $6,990 $686,413 $566,866 $119,547
2021 $6,719 $686,413 $566,866 $119,547
2020 $6,597 $686,413 $566,866 $119,547
2019 $4,489 $383,933 $338,931 $45,002
2018 $4,235 $383,933 $338,931 $45,002
2017 $4,034 $383,933 $338,931 $45,002
2016 $3,952 $383,933 $338,931 $45,002
2015 $3,386 $323,158 $283,150 $40,008
2014 $3,213 $323,158 $283,150 $40,008
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Pending -- -- --
08/15/2025 08/15/25 For Sale $1,950,000 -- $1,474 / Sq Ft
Source: Doorify MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $111,500 Unknown
Closed $125,000 Unknown
Source: Public Records

Source: Doorify MLS

MLS Number: 10116118

Doorify MLS

APN: 1704.18-40-0938-000

North Carolina Wake County Raleigh 27603 Hillsborough

407 N Boylan Ave, Raleigh, NC

This home is located at 407 N Boylan Ave, Raleigh, NC 27603 and is currently priced at $1,950,000, approximately $1,473 per square foot. This property was built in 1910. 407 N Boylan Ave is a home located in Wake County with nearby schools including Wiley Elementary, Oberlin Middle School, and Broughton 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.

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Listing Agent
Elizabeth Wrenn
Section Image
EXP Realty LLC
(919) 980-9751