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$1,800,000
15 Days On Site
550 E Jones StreetRaleigh, NC 27601
For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
Subdivision:
Historic Oakwood
County:
Wake
Call Now: 919-844-1152
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919-844-1152

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Rare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision feasibility, zoning compliance, utility availability, and all applicable governmental approvals. 550 E Jones St. and the neighboring 552 E Jones St. are being listed together and are being sold together for a total asking price of $1,800,000 for .43 acres in the Highly Desirable neighborhood of Historic Oakwood in Downtown Raleigh.
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Listing Snapshot
Price
$1,800,000
Days On Site
15 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.14 Acres
Year Built
N/A
MLS® Number
10172633
Status
Active
Property Tax
$3,951.28
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
0.14
Additional Property Use
Multi-Family
Lease Term
Month To Month
Parking
Driveway
Property Sub Type
Unimproved Land
Sewer
Public Sewer
Special Circumstances
Standard
Utilities
Cable AvailableElectricity ConnectedPhone AvailableSewer Connected
Water Source
Public
Zoning
R-10
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Exterior Features
Fencing
None
Frontage
Other
Lot Features
Back YardCity LotInterior LotRectangular Lot
Other Structures
None
Road Frontage
City Street
View
CityNeighborhood
Waterview
CityNeighborhood
Community Features
Community Features
Sidewalks
Financing Terms Available
ConventionalContract1031 Exchange
Horse Property
None
Roads
Asphalt
Schools
School District
Unknown
Elementary School
Wake - Conn Elementary
Middle School
Wake - Oberlin Middle
High School
Wake - Needham Broughton High
Listing courtesy of John Anton of Steeloak Residential LLC
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: 2026-06-24 04:41 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: 2026-06-24 04:41 AM UTC
Neighborhood & Commute
Source: Walkscore
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