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Raleigh, NC 27603

$115,000

Presented By: Coldwell Banker Sea Coast Advantage-Midtown
  • MLS# 100586871
  • 07/07/2026
  • Request Tour
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Home Details

Excellent investment opportunity in a prime Raleigh location! R-4 zoned property with an existing structure conveying as-is, with no representations as to its condition or value. Property is being marketed primarily for its land and redevelopment potential, offering an excellent opportunity for builders, developers, and investors. Ideally located just minutes from Downtown Raleigh, NC State University, Dorothea Dix Park, Lake Wheeler Park, shopping, dining, and major highways including I-40 and US-401. Situated in an established neighborhood with convenient access to everything the Triangle has to offer. Buyer and buyer's agent to verify all information deemed important, including zoning, utilities, and intended
Presented By: Coldwell Banker Sea Coast Advantage-Midtown

Interior Features for

Bedrooms

Master Bed LevelN/A
Total Bedrooms

Bathrooms

Half Baths0
Total Baths

Other Interior Features

SmokingYNNo
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Interior AmenitiesNone
Living Area Range0 - 200
Total Stories

Other Rooms

Entry Level1
Room TypeNo Kitchen, No Dining Room

General for

Attached Garage No
Carport Spaces0.0
Carport Y/NNo
CityRaleigh
Construction MaterialsSee Remarks
CoolingNone
CountyWake
DirectionsFrom Downtown Raleigh, take S. Saunders Street (US-401 S) approximately 2.5 miles. Turn right onto Tryon Road, then left onto Lake Wheeler Road. Turn right onto Austin Street. Property will be on the l
Elementary SchoolOther
Full Baths
Garage Y/NNo
HOANo
HeatingNone
High SchoolAthens Drive
Home Warranty Y/NNo
In City Limits? (Y/N)Yes
Land Lease Y/NNo
Lease Considered Y/NNo
Legal DescriptionLo1 201 R W King Sub
LevelsOne
Living Area0.0
Living Area UnitsSquare Feet
Lot Size Square Feet12066.0
Lot Size UnitsAcres
Middle/Junior High SchoolDillard Drive Middle School
New ConstructionNo
Operating Expense0.0
Parcel Number079203243680000 0070232
Patio/Porch FeaturesSee Remarks
PossessionClose Of Escrow, At Closing
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeResidential
RoofSee Remarks
Standard StatusActive
StatusActive
Structure TypeStick Built, See Remarks
Subdivision NameNot In Subdivision
Tax Assessed Value1642
Tax Year2025
Taxes$1,071
Total Rooms0
UtilitiesNone
ViewSee Remarks
Year Built1960
ZoningR-4

Exterior for

Building Area Total0.0
Crops Included Y/NNo
Exterior FinishSee Remarks
FencingNone
Foundation DetailsSee Remarks
Frontage TypeSee Remarks
Horse Y/NNo
Lot Dimensionsirregular
Lot Size Acres0.28
Lot Size Area0.28
Parking FeaturesSee Remarks
Road Frontage TypeSee Remarks
SpaNo
Total Parking0.0
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Dillard Drive Middle School
Elementary School N/A
High School Athens Drive High School

Angie Reels

Agent
Price $115,000
MLS#100586871
List Date 07/07/2026
Property Type Single Family
Phone 910.550.8836
Request Tour
Request Info
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