$998,900

4009 Virginia Street, Raleigh NC, 27610

Price per sqft$9.84

Lot size2.33 Acres

Property typeLand

Listing courtesy of Real Triangle Properties LLC

Overview

Active

Listed Feb 5, 2026

Updated Jul 19

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

Additional information

MLS^® ID: 10144956

Exterior Features

Lot Size: 2.33 Acres

Other Property Details

Taxes: $4,803
Tax Frequency: Annually
View: Yes
55+/Senior Community: No

Listed by Joe Matthews, Philo Matthews, Real Triangle Properties LLC

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Data last updated 3:07 AM UTC, 7/19/2026