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$975,000
11 Days On Site
509 Cape AvenueRaleigh, NC 27601
For Sale|Quadruplex|Active
6
Beds
4
Total Baths
4
Full Baths
2,513
SqFt
$388
/SqFt
1940
Built
Subdivision:
Not in a Subdivision
County:
Wake
Call Now: 919-844-1152
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919-844-1152
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Attention investors and builders! Two duplexes on two deeded lots in the heart of Downtown Raleigh facing the grounds of Chavis Park! Four beautifully updated units on large corner lot with plenty of parking on and off street with very little traffic. Individually metered for water and electric and long term tenants pay utilities (no gas). Two 1 bed/1bath and two 2 bed/1 bath. Unit 812 is furnished MTR. No HOA! This amazing location offers walkable downtown living while facing open park areas with walking trails and expansive green lawns! Easy access to 440/RDU, schools, hospitals and much more. One unit intentionally vacant for showings.
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Listing Snapshot
Price
$975,000
Days On Site
11 Days
Bedrooms
6
Inside Area (SqFt)
2,513 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.29 Acres
Year Built
1940
MLS® Number
10157441
Status
Active
Property Tax
$4,809.22
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Listing first seen on site |
General Features
Acres
0.29
Foundation
Block
Lease Term
12 Months
Levels
One
Number Of Stories
1
Parking
CommonConcreteGravelOff StreetOn SiteOn Street
Parking Spaces
10
Property Condition
Updated/Remodeled
Property Sub Type
Quadruplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2513
SqFt Total
2513
Utilities
Electricity ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
R-10
Interior Features
Appliances
DishwasherDryerElectric OvenElectric RangeOvenRefrigeratorWasher/DryerWater Heater
Cooling
DuctlessElectricMulti UnitsWall Unit(s)
Flooring
LinoleumVinylTile
Heating
DuctlessElectric
Interior
Ceiling Fan(s)Eat-in Kitchen
Laundry Features
In HallSee Remarks
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Exterior Features
Construction Details
BlockBrick Veneer
Exterior
Courtyard
Frontage
See Remarks
Lot Features
ClearedCorner LotNear Public TransitViewsSee Remarks
Patio And Porch
Porch
Road Frontage
City Street
Roof
Shingle
View
DowntownPark/GreenbeltSkylineTrees/Woods
Waterview
DowntownPark/GreenbeltSkylineTrees/Woods
Community Features
Financing Terms Available
CashConventional
School District
Wake County Schools
Schools
School District
Wake County Schools
Elementary School
Wake County Schools
Middle School
Wake County Schools
High School
Unknown
Listing courtesy of Natalee Choby of Rich Realty Group
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2026-04-15 04:13 AM UTC
Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.
Last checked: 2026-04-15 04:13 AM UTC
Neighborhood & Commute
Source: Walkscore
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