615 New Bern Avenue, Raleigh, NC 27601

Raleigh
Local realty services provided by:ERA Strother Real Estate
615 New Bern Avenue,Raleigh, NC 27601
$415,000
  • 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:$415,000
  • Price per sq. ft.:$194.47

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  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 an ERA®  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 (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1983
  • Subdivision & Development:Not in a Subdivision
  • Listing ID #:10165257
  • Added:102 day(s) ago
  • Updated:August 17, 2026 at 03:36 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 - Needham Broughton High
  • Middle school:Wake - Ligon Middle
  • Elementary school:Wake - Powell Elementary

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$415,000
  • Price per sq. ft.:$194.47
  • Tax amount:$5,031
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 615 New Bern Avenue