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$969,000
Listing Price6beds
4baths
1,073sqft
12,632sqft lot
509 Cape Ave, Raleigh, NC 27601
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Attention investors and builders! Two fully leased duplexes in the heart of Downtown Raleigh facing the grounds of Chavis Park! Four beautifully renovated and permitted units on large corner lot with plenty of parking on and off street with very little traffic. Individually metered for water and electric and long term tenants pay utilities (no gas). Two 1 bed/1bath and two 2 bed/1 bath. Unit 812 is furnished MTR. No HOA! This amazing location offers walkable downtown living while offering views of open park areas with walking trails and expansive green lawns! Easy access to 440/RDU, schools, hospitals and much more. Amazing location for Airbnb! Long term development potential.
Interior Details
1073
6
4
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
None
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
12632
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Duplex Single
Brick
N/A
Gable
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$3,733
$201,250
$181,280
--%
$382,530
2020
$3,733
$201,250
$181,280
--%
$382,530
2019
$2,854
$160,000
$79,446
--%
$239,446
2018
$2,696
$160,000
$79,446
--%
$239,446
2017
$2,570
$160,000
$79,446
--%
$239,446
2015
$2,045
$120,000
$69,836
--%
$189,836
2014
$1,943
$120,000
$69,836
--%
$189,836
2013
$1,820
$120,000
$69,836
--%
$189,836
2012
$1,820
$120,000
$69,836
--%
$189,836
Average Home Price in 27601
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$969,000
$969,000
6 Beds
4 Baths
1,073 Sqft
12,632 Lot (sqft)
Sold 10/13/2026
$435,000
$435,000
2 Beds
2 Baths
936 Sqft
7,405 Lot (sqft)
Sold 10/13/2026





