615 New Bern Avenue, Raleigh, NC 27601

Raleigh
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
615 New Bern Avenue,Raleigh, NC 27601
$425,000
  • 3 Beds
  • 4 Baths
  • 2,134 sq. ft.
  • Multi-family
  • Active
Listed by: stacey delgado
Office: redfin corporation
MLS#:10165257
Source:RD

Price summary

  • Price:$425,000
  • Price per sq. ft.:$199.16

About this home

Strategically positioned along one of Raleigh's most actively evolving urban corridors, this prominent OX-3 zoned corner property offers a rare opportunity to acquire a four-unit structure with exceptional mixed-use redevelopment, adaptive reuse, office conversion, residential repositioning, or future infill construction potential just minutes from Downtown Raleigh. Existing improvements require substantial rehabilitation and the property is being sold as-is, creating an ideal canvas for investors, developers, and visionary buyers seeking a high-visibility asset with multiple long-term value creation paths. The property is further strengthened by immediate adjacency to recently completed new home and condominium development and sits directly within the trajectory of significant public and private corridor investment, including New Bern Avenue Bus Rapid Transit infrastructure, expanding transit-oriented development momentum, rising multifamily and mixed-use demand, and increasing...

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Home facts

  • Year built:1983
  • Listing ID #:10165257
  • Added:50 day(s) ago
  • Updated:June 25, 2026 at 06:02 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:1
  • Flooring:Hardwood
  • Living area:2,134 sq. ft.

Heating and cooling

  • Cooling:Multi Units

Structure and exterior

  • Roof:Shingle
  • Year built:1983
  • Building area:2,134 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Craftsman
  • Construction Materials:Vinyl Siding
  • Levels:Two

Schools

  • High school:Wake - Broughton
  • Middle school:Wake - Ligon
  • Elementary school:Wake - Powell

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$199.16
  • Tax amount:$5,031
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