509 Cape Ave, Raleigh, NC 27601
- $969,000
- 6
- BD
- 4
- BA
- 2,513
- SqFt
Seller Representative Rich Realty Group
- List Price
- $969,000
- Price Change
- ▼ $6,000 1779840767
- Status
- ACTIVE
- MLS#
- 10157441
- Bedrooms
- 6
- Bathrooms
- 4
- Full-baths
- 4
- Living Area
- 2,513
- Lot Size
- 12,632
- Subdivision
- Not In A Subdivision
- Year Built
- 1940
- Acres
- 0.29
Property Description
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.
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Additional Information
- Foundation
- Block
- Interior Features
- Ceiling Fans, Eat-In Kitchen, Dining Combo
- Exterior Features
- Courtyard
- Utilities
- Electricity Available, Sewer Connected, Water Available
- Water
- Public
- Flooring
- Linoleum, Vinyl, Tile
- Roof
- Shingle
- Heating
- Ductless, Electric
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .