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Listed price in listed location currency (USD).
$525,000

424

MLS® 10141059

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1352 sqft
Garage 
Taxes $2,189
Days Active 107
Lot Size 
Approx. Age 1983
Avg. Price Per Sqft $388
MLS® Number 10141059

Property Address: 1511 Joe Louis Ave, Raleigh, NC, 27610-3319

Average square foot calculated using Size range provided by listing agent.

Description

Amazing opportunity to own a rental property with development potential in downtown Raleigh. The property is currently improved with 2 bedroom/1 bathroom duplex units and are tenant occupied, providing immediate rental income with future redevelopment possibilities. Ideal for developers seeking flexibility for higher density residential development, including duplexes, townhomes, or multifamily projects (buyer to confirm zoning, density, and permitted uses). Strong surrounding growth, with proximity to dining, entertainment, employment centers, and major roadways, making this a highly desirable location. The adjacent property, 600 Sherrybrook Dr., is also available for purchase; if acquired together, the two parcels total approximately 0.41 acres with R-10 zoning. Buyer to confirm square footage. Listing agent has not been inside the units.
MLS® Number10141059
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1983
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 14, 2026List Date
$525,000List Price

Home Appraisal

This property is estimated to sell between: $455,000 and $560,000.
Similar properties in this area sold on average for: $455,500
Expected to sell in 11 days. Similar properties sold in 118 days. This home has been on eXp Realty for 107 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1511 Joe Louis Ave, Raleigh, NC

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