- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
Great opportunity to build 3-unit townhomes or 2-unit side by side duplex or 1 single family home with an Accessory Dwelling Unit (ADU) at low acquisition cost in a central location with future development plans and projects in every direction! The lot is located in City of Raleigh's Frequent Transit Area. Just over half an acre ready for 3-unit townhomes that has been confirmed by city of Raleigh. Annexation into city of Raleigh has already been completed. The lot is cleared and ready for you to start building. Water and power available on the property. Sewer available nearby at corner of adjacent property (2712 Sadie Hopkins St). Seller is willing to share plans for 3-unit town homes for permit submittal. Each townhome in the plans is estimated at 1,300-1,600 sqf with 1 car garage, 3 bedrooms, 2.5 baths and sizeable yards. Easy access to I440, Downtown Raliegh, Cary, NCSU, Dorothea Dix and all that Raleigh has to offer! Amazing opportunity to add to your portfolio in a location with high rental demand.
Last checked:
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Checking…
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Last updated Jul 5, 2025
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MLS# 10107533 —
The Building
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Building Area Units:Square Feet
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Above Grade Finished Area Units:Square Feet
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Below Grade Finished Area Units:Square Feet
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:Use GPS From Lake Wheeler take right on Tryon. Left on Sadie Hopkins. Lot on the right.
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Latitude:35.741495
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Longitude:-78.686995
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Coordinates:-78.686995, 35.741495
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Current Use:Unimproved
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Possible Use:Multi-Family
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Lot Size Acres:0.53
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Lot Size Area:23086.8
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Lot Size Dimensions:70' x 267' x 63' x 370' x 65'
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Lot Size SqFt:23086.8
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Lot Size Units:Square Feet
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Other Structures:None
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Road Frontage Type:Public Road
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Road Surface Type:Paved
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (919) 770-0721
- Office phone:
- (919) 929-7174
Taxes
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Tax Annual Amount:1146.42
The Listing
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Special Listing Conditions:Real Estate Owned
Utilities
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Utilities:Cable Available
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Wake - Swift Creek
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Middle Or Junior School:Wake - Dillard
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High School:Wake - Athens Dr
The Community
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Subdivision Name:King
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Association:false
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Pool Private:false
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).
Sale history
Date | Event | Source | Price | % Change |
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7/5/25
Jul 5, 2025
|
Listed / Active | DMLS | $179,500 | 113.7% (73.1% / YR) |
12/15/23
Dec 15, 2023
|
DMLS | $84,000 | -40.0% | |
11/30/23
Nov 30, 2023
|
DMLS | $140,000 |