4009 Virginia Street, Raleigh, NC 27610

Raleigh
Local realty services provided by:ERA Parrish Realty Legacy Group
4009 Virginia Street,Raleigh, NC 27610
$998,900
  • 2.33 Acres
  • Lots / Land
  • Active
Listed by: joe matthews, philo matthews
Office: real triangle properties llc.
MLS#:10144956
Source:RD

Price summary

  • Price:$998,900

About this home

2.33 acres - 5 DETACHED HOMES with City Utilities (2 rented) and a 6th vacant lot ready to build, each with Family room, 2 Bed rooms, 1FB on 2.33 acres of prime land offNew Bern Ave, close to Wake Med and just 5 miles from downtown Raleigh! Terrific investment opportunity! Some work needed in 3 of the 5 homes beforethey can be occupied. BEING SOLD 'AS IS'. No Appraisal contingency. Average rent is $750/month. Much higher rent potential. There are no long term leases so buyer can start with new tenant/rent. Please check the new Raleigh zoning and potentail for multiple homes and ADU units. Home is said to bein one of Raleigh's redevelopment areas. Please check https://Useful info at: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance

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Home facts

  • Subdivision & Development:Beacon Lake
  • Listing ID #:10144956
  • Added:237 day(s) ago
  • Updated:September 30, 2026 at 04:10 PM

Structure and exterior

  • Lot area:2.33 Acres
  • Lot Features:Driveway, Level

Schools

  • High school:Wake - Southeast Raleigh High
  • Middle school:Wake - Moore Square Middle
  • Elementary school:Wake - Partnership Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$998,900
  • Tax amount:$4,803
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