- 2 beds
- 2 baths
- 940 sqft
- 6,534 sqft lot
- $351 per sqft
- 1915 build
- – on site
Prime opportunity to acquire a historic property in the highly sought-after Oakwood Historic District of Raleigh. This charming 940 sq ft home sits on a generous 6,534 sq ft lot, offering significant redevelopment or renovation potential in one of the city's most desirable neighborhoods. Zoned for excellent Wake County schools, this location is ideal for long-term rental demand or a strategic redevelopment project. Nestled just minutes from downtown Raleigh, the property offers quick access to major employment hubs, cultural amenities, and transit corridors. Investors will appreciate the value in this property's unique blend of historic charm and development upside, with strong market appreciation projected in the Oakwood neighborhood. Whether you're looking to renovate and lease or explore a potential tear-down and rebuild, this lot provides a rare chance to enter a prime location with high visibility and established community appeal. Don't miss this chance to invest in Raleigh's growing real estate market with a property poised for growth and cash flow. Contact today to learn more about the development opportunities and potential value-add strategies.
Last checked:
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Last updated Jul 11, 2025
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MLS# 10108218 —
The Building
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Year Built:1915
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New Construction:false
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Construction Materials:See Remarks
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Architectural Style:Traditional
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Structure Type:House
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Roof:See Remarks
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Foundation Details:See Remarks
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Levels:One
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Basement:false
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Building Area Total:940
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Building Area Units:Square Feet
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Above Grade Finished Area:940
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Interior
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Rooms Total:2
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Flooring:See Remarks
Room Dimensions
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Living Area:940
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Living Area Units:Square Feet
Location
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Directions:Start downtown on Edenton St, Turn right onto Tarboro Rd, Turn right onto Oakwood Ave, Destination will be on your right, just across from St. Augustine's College.
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Latitude:35.783907
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Longitude:-78.62052
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Coordinates:-78.62052, 35.783907
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:1714205455
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Lot Size Acres:0.15
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Lot Size Area:6534
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Lot Size SqFt:6534
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Lot Size Units:Square Feet
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (301) 542-2673
Taxes
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Tax Annual Amount:2138
Beds
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Bedrooms Total:2
Baths
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Total Baths:1.5
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Total Baths:1.5
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Total Baths:2
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Full Baths:1
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Half Baths:1
The Listing
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:See Remarks
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Cooling:Other
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Cooling:true
Utilities
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Sewer:Other
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Water Source:See Remarks
Schools
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Elementary School:Wake - Powell
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Middle Or Junior School:Wake - Oberlin
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High School:Wake - Enloe
The Community
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Subdivision Name:Historic Oakwood
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Association:false
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Pool Private:false
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Senior Community:false
Parking
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Garage:false
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Open Parking:true
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Open Parking Spaces:3
Monthly cost estimate

Asking price
$330,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,767
|
Taxes | $178 |
Insurance | $90 |
Utilities | $146 See report |
Total | $2,181/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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7/9/25
Jul 9, 2025
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Listed / Active | DMLS | $330,000 |