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
Lot/land
$998,900
4009 Virginia St Lot 121-129, Raleigh, NC 27610
--beds
--baths
2.33Acres
Ranch, Land
Built in ----
2.33 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 58 days |
- 52 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: February 05, 2026 at 06:38pm
Listed by:
Joe Matthews 919-244-7733,
Real Triangle Properties LLC,
Philo Matthews 919-656-6783,
Real Triangle Properties LLC
Source: Doorify MLS,MLS#: 10144956
Facts & features
Property
Parking
- Parking features: Driveway
Features
- Fencing: Back Yard
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 2.33 Acres
- Features: Level
Details
- Parcel number: 1724643495
- Zoning: R-4
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Curbs, Suburban, None
- Subdivision: Beacon Lake
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Annual tax amount: $4,803
- Date on market: 2/6/2026
- Lease term: Month To Month
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Listed for sale | $998,900 |
Source:  Doorify MLS #10144956 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Northeast Raleigh
Nearby schools
GreatSchools rating
- 9/10Partnership ElementaryGrades: K-5Distance: 4.2 mi
- 6/10Moore Square Museum Magnet MidGrades: 6-8Distance: 3.6 mi
- 4/10Southeast Raleigh HighGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Wake - Partnership
- Middle: Wake - Moore Square Museum
- High: Wake - S E Raleigh
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 27610
- North Carolina
- Wake County
- Raleigh
- 27610
- Northeast Raleigh
- 4009 Virginia St Lot 121-129
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Raleigh Topics
