1106 S East Street, Raleigh, NC 27601

Local realty services provided by:ERA Parrish Realty Legacy Group
#1#2#3
1106 S East Street,Raleigh, NC 27601
$1,900,000
  • 20 Beds
  • 10 Baths
  • 8,880 sq. ft.
  • Multi-family
  • Active
Listed by:johnny chappell
Office:compass -- raleigh
MLS#:10111847
Source:RD

Price summary

  • Price:$1,900,000
  • Price per sq. ft.:$213.96

About this home

Discover this rare investment opportunity with the Bragg and East Collection, ideally located within walking distance to the vibrant heart of downtown Raleigh. This package offers strong redevelopment potential, both in its current form as a partially leased 5 duplex package (comprised of ten (10) 2bed/1bath units, totaling 20 bedrooms, 10 baths and 8,880 square feet) or as a small future new-construction townhome/condo or single family home subdivision. The site is currently zoned R-10 and in the South Park Neighborhood Overlay District and could potentially yield up to ~18-20 townhome/condo units, to be confirmed with the City of Raleigh by Buyer. This property is perfect for an individual or group looking for a small multifamily asset to improve and hold, as it offers very strong future (and current) redevelopment potential. Or perfect for a builder-buyer looking to build new construction homes in Raleigh's popular South Park neighborhood today. Don't miss the chance to capitalize

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Home facts

  • Year built:1986
  • Listing Id #:10111847
  • Added:20 day(s) ago
  • Updated:August 14, 2025 at 05:55 PM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:10
  • Full bathrooms:10
  • Living area:8,880 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric, Varies by Unit
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1986
  • Building area:8,880 sq. ft.
  • Lot area:0.93 Acres

Schools

  • High school:Wake - Broughton
  • Middle school:Wake - Carnage
  • Elementary school:Wake - Fuller

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,900,000
  • Price per sq. ft.:$213.96
  • Tax amount:$17,350
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