$998,900

4009 Virginia Street, Raleigh, NC 27610

Land
Built in ——
2.33acre lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

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

Listing Status:: Active
Date Added:: February 5, 2026
Data Last Updated:: May 9, 2026 at 12:09PM
Listing Office:: Real Triangle Properties LLC : 919-380-7325
Listing Agent:: Joe Matthews : 919-244-7733
MLS ID:: 10144956

Road/Access: Public Road
HOA Amenities: 0.0
Originating MLS: Triangle MLS
County: Wake

Zoning: R-41724643495
View: NeighborhoodView
Fencing: Back Yard
Current Use: ResidentialVacant

Utilities: Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer ConnectedWater AvailableWater Connected
Water: Public
Sewer: Public Sewer

Source: Triangle MLS

This listing courtesy of Joe Matthews , Real Triangle Properties LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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