700 Glascock Street, Raleigh, NC 27604

Raleigh
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
700 Glascock Street,Raleigh, NC 27604
$625,000
  • 8 Beds
  • 2 Baths
  • 1,777 sq. ft.
  • Multi-family
  • Active
Listed by: lizzie bender
Office: compass -- cary
MLS#:10174326
Source:RD

Price summary

  • Price:$625,000
  • Price per sq. ft.:$351.72

About this home

Exceptional opportunity to acquire a cash-flowing asset in one of Raleigh's most desirable and rapidly evolving urban neighborhoods. Located at 700 Glascock Street, this income-producing property sits on a highly visible corner lot comprising approximately 0.22 acres and offers investors immediate returns alongside compelling long-term redevelopment potential. The property is zoned R-10 and positioned within one of Raleigh's most active redevelopment corridors. Surrounded by luxury new construction and high-end infill development, the site is ideally situated to benefit from continued neighborhood growth and increasing land values. Currently operating as an 8-room income-producing property generating approximately $62,700 in annual gross income ($5,225/month), the asset benefits from strong rental demand and flexible month-to-month occupancy agreements. The property has been well maintained and improved, with major updates already completed, including a new roof in 2023; HVAC systems...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Subdivision & Development:Capitol Heights
  • Listing ID #:10174326
  • Added:61 day(s) ago
  • Updated:August 17, 2026 at 03:36 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Luxury Vinyl, Tile, Wood
  • Kitchen Description:Electric Range, Refrigerator, Washer/Dryer
  • Basement:Yes
  • Basement Description:Crawl Space, Unfinished
  • Living area:1,777 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:1,777 sq. ft.
  • Lot area:0.22 Acres
  • Lot Features:Corner
  • Levels:One

Schools

  • High school:Wake - William G Enloe High
  • Middle school:Wake - Ligon Middle
  • Elementary school:Wake - Conn Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$625,000
  • Price per sq. ft.:$351.72
  • Tax amount:$4,259

Features and amenities

  • Laundry features:Common Area
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.

New listings near 700 Glascock Street