Property photo 1
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$1,800,000

550 E Jones Street, Raleigh NC, 27601

Price per sqft$295.16
Lot size0.14 Acres
Property typeLand
Listing courtesy of Steeloak Residential LLC

Overview

Active

Listed Jun 8, 2026

Updated Jul 26

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.

Additional information

MLS® ID
10172633

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$3,951
Tax Frequency
Annually
View
Yes
55+/Senior Community
No
MLS provider logo

Listed by John Anton, , Steeloak Residential LLC

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Data last updated 3:34 AM UTC, 7/26/2026

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