516 W Peace Street, Raleigh, NC 27603

Raleigh
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
516 W Peace Street,Raleigh, NC 27603
$1,295,000
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  • 2 Beds
  • 1 Baths
  • 1,708 sq. ft.
  • Multi-family
  • Active
Listed by: amanda williams
Office: berkshire hathaway homeservice
MLS#:10183887
Source:RD

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$758.2

About this home

Rich in character and full of timeless appeal, this well-maintained 1908 home offers a rare combination of historic charm and modern updates in a prime location. Featuring 10' ceilings, gleaming hardwood floors, a spacious foyer and central hallway, this inviting home also includes a generous living room, and a bright eat-in kitchen. Two bedrooms and one full bath complete the thoughtfully designed floor plan. Enjoy relaxing on the welcoming wraparound front porch or take advantage of the large rear parking area with convenient side alley access to a quiet neighborhood street. The home is in very good condition and has been updated with a new HVAC system and a newer hot water heater, providing peace of mind while preserving its classic character. Currently zoned NX-3 for Neighborhood Business, this versatile property offers exceptional flexibility. Continue to enjoy it as a charming residence or explore the many possibilities for a neighborhood business. A unique opportunity...

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Home facts

  • Year built:1908
  • Subdivision & Development:615 Peace St
  • Listing ID #:10183887
  • Added:1 day(s) ago
  • Updated:August 02, 2026 at 03:18 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Flooring:Ceramic Tile, Hardwood
  • Bathrooms Description:Shower Only
  • Kitchen Description:Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator
  • Living area:1,708 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric, Gas
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1908
  • Building area:1,708 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Front Yard
  • Architectural Style:Traditional
  • Construction Materials:Wood Siding
  • Exterior Features:Covered, Porch, See Remarks, Smart Camera(s)/Recording, Wrap Around
  • Foundation Description:Brick/Mortar
  • Levels:One

Schools

  • High school:Wake - Needham Broughton High
  • Middle school:Wake - Oberlin Middle
  • Elementary school:Wake - Wiley Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$758.2
  • Tax amount:$4,742

Features and amenities

  • Laundry features:Laundry Room

Parking

  • Parking description:Paved
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