1250 New Bern Avenue
Raleigh, NC 27610
- 2 beds
- 1 bath
- 924 sqft
- $1,612 per sqft
- 1940 build
- – on site
Seize this rare chance to own not one but two adjacent parcels of prime real estate being sold together. 1246 and 1250 New Bern Avenue represent a compelling opportunity to capitalize on Raleigh's growth trajectory and urban development trends. With its strategic location, strong market fundamentals, and zoning potential, this property is ideal for investors or developers seeking to create a high-yield, future-forward project. Property Highlights: Location: Strategically positioned on a high-traffic corridor, with excellent visibility and easy access to public transit, downtown amenities, and major highways. RX-3 Zoning: Ideal for combining retail, office and residential space (confirm zoning with city guidelines). Lot Size: Combined, the two lots span .29 acres with a 3 story building height capacity, offering ample space for creative development. Neighborhood Growth: Situated in an area poised for transformation, this property is surrounded by recent and upcoming developments, making it an excellent investment opportunity in an emerging market. Why This Property? Whether you're looking to create modern multifamily housing, retail spaces, or a mixed-use community hub, this location offers a blank canvas for your vision. Its proximity to Raleigh's thriving downtown, universities, hospitals, and employment hubs makes it highly desirable for future residents or tenants. Conceptual sketches available upon request. Key Benefits: Rising Property Values: Take advantage of the upward trend in property values in this area. High Visibility: Benefit from daily exposure to thousands of potential clients, residents, or customers passing along New Bern Avenue. Proximity to Amenities: Close to shopping, dining, healthcare, and cultural hotspots. Don't miss out on this incredible opportunity to invest in one of Raleigh's most promising neighborhoods!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Dec 19, 2024
•
MLS# 10067846 —
The Building
-
Year Built:1940
-
New Construction:false
-
Construction Materials:Vinyl Siding
-
Architectural Style:Bungalow
-
Roof:Shingle
-
Stories:1
-
Levels:One
-
Basement:false
-
Foundation Details:Raised
-
Building Area Total:924
-
Building Area Units:Square Feet
-
# of Units Total:1
-
Above Grade Finished Area:924
-
Above Grade Finished Area Units:Square Feet
-
Below Grade Finished Area Units:Square Feet
Interior
-
Flooring:Combination
Room Dimensions
-
Living Area:924
-
Living Area Units:Square Feet
Location
-
Directions:From Downtown Raleigh Take New Bern Avenue East Property will be on the right side
-
Latitude:35.779435
-
Longitude:-78.619367
-
Coordinates:-78.619367, 35.779435
The Property
-
Parcel Number:1713289802
-
Property Subtype:Single Family Residence
-
Property Type:Residential Income
-
Zoning:RX-3
-
View:true
-
Road Frontage Type:City Street
Listing Agent
- Contact info:
- Agent phone:
- (919) 346-3296
- Office phone:
- (704) 800-0380
Taxes
-
Tax Annual Amount:2729.33
Beds
-
Bedrooms Total:2
Baths
-
Total Baths:1
-
Total Baths:1
-
Total Baths:1
-
Full Baths:1
The Listing
-
Special Listing Conditions:Standard
Heating & Cooling
-
Heating:Heat Pump
-
Heating:true
-
Cooling:Electric
-
Cooling:true
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
The Community
-
Subdivision Name:Battery Heights
-
Pool Private:false
Parking
-
Attached Garage:false
-
Parking Features:Concrete
-
Open Parking:true
-
Open Parking Spaces:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/19/24
Dec 19, 2024
|
Listed / Active | DMLS | $1,490,000 | 684.2% (91.4% / YR) |
|
6/26/17
Jun 26, 2017
|
DMLS | $190,000 |
