$1,300,000
PENDING

Estimated payment $7,305/month

Total Views 2,304
6 Beds
4 Baths
4,143 Sq Ft
$314 Price per Sq Ft

Highlights

  • 2.5 Acre Lot
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Ligon Magnet Middle School Rated A
  • No HOA
  • 1-Story Property

About This Home

Prime Residential Development Opportunity! 2.5 acres currently zoned R-6, inside the beltline and within the transit overlay district. Currently (2) rented houses are on the site both with a basement; however the true value is in the land for future development with high density, This location is minutes away from Wake Medial Hospital, 440 and Downtown Raleigh. Public water and sewer are available. Development is possible on this site. Bring your builder/developer to this great opportunity to address the demand for housing in the Raleigh area
This property is also listed as Land in MLS# 10137510.

Listing Agent

Brent Henson

Compass -- Raleigh License #172086 Listed on: 12/09/2025

Compass -- Raleigh

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,866

Year Built

  • Built in 1952

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 2.5 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 1723347789, 1723347694

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,866

Year Built

Built in 1952

Lot Details

2.5 Acres

Listing Details

  • Year Built: 1952
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2885.0
  • Unit Levels: Two
  • New Construction: No
  • DelayedMarketingYN: No
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTM2NTQ4IiwiU3RhbmRhcmRTdGF0dXMiOiJQZW5kaW5nIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wNy0xOFQwMjoxNjowNC4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8yNTg3MSIsIkxpY2Vuc2VlTmFtZSI6IkhvbWVzIFBybyJ9.Z0zdF8A2cfnw2UkTQZ0UhD0CXyt5eIRrF5GimWnf3fM/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1258.0
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Acres: 2.5
  • Construction Type: Brick
  • Foundation Details: Block

Garage/Parking

  • Open Parking: No
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-6
  • Lot Size Sq Ft: 108900.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1723347789, 1723347694

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 12 Months
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 4866.0
  • Tax Year: 2025
  • Tax Map Number: 1

Multi Family

  • Number Of Units Total: 1

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,961 $222,573 $143,000 $79,573
2024 $1,953 $222,573 $143,000 $79,573
2023 $1,448 $130,967 $71,500 $59,467
2022 $1,346 $130,967 $71,500 $59,467
2021 $1,294 $130,967 $71,500 $59,467
2020 $1,271 $130,967 $71,500 $59,467
2019 $3,185 $271,385 $68,000 $203,385
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/13/2026 01/13/26 Pending -- -- --
12/09/2025 12/09/25 For Sale $1,300,000 -- $314 / Sq Ft
Source: Doorify MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- None Available
Warranty Deed -- None Available
Deed -- None Available
Warranty Deed $250,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Closed $287,000 Commercial
Source: Public Records

Source: Doorify MLS

MLS Number: 10136548

Doorify MLS

APN: 1723.14-34-7789-000

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