550 E Jones Street Raleigh, NC $ 1,800,000
550 E Jones Street
$ 1,800,000
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550 E Jones Street

Raleigh, NC, 27601
$ 1,800,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 12,432

550 E Jones Street, Raleigh, NC 27601 - Image 1
550 E Jones Street, Raleigh, NC 27601 - Image 2
550 E Jones Street, Raleigh, NC 27601 - Image 3

Lots and Land for sale in Raleigh, NC

for $1,800,000. The lot size is 0.14.

Rare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision feasibility, zoning compliance, utility availability, and all applicable governmental approvals. 550 E Jones St. and the neighboring 552 E Jones St. are being listed together and are being sold together for a total asking price of $1,800,000 for .43 acres in the Highly Desirable neighborhood of Historic Oakwood in Downtown Raleigh.

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Lots and Land Active

Price

$ 1,800,000

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

0.14

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

10172633

Features
General
Sewer Public Sewer
Utilities Cable Available Electricity Connected Phone Available Sewer Connected
Zoning R-10
View City Neighborhood
Property Subtype Unimproved Land
Current Use Multi-Family
County Wake
Property Type Land
HOA false
Subdivision Name Historic Oakwood
Possible Use Multi-Family Residential Single Family
Other Structures None
Status Active
Directions Turn on E Jones from N Person Lots are 2 blocks down on right.
High School Wake - Needham Broughton High
City Raleigh
Senior Community Y/N false
Lot Size Units Acres
Lot Size Square Feet 6098
Elementary School Wake - Conn Elementary
Tax Annual Amount 3951.28
Middle/Junior High School Wake - Oberlin Middle
Ok to Lease Month To Month
Standard Status Active
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Interior
Total Baths 0
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Exterior
Fencing None
Lot Features Back Yard City Lot Hardwood Trees Interior Lot Rectangular Lot Driveway Sidewalks None
Water Source Public
Lot Size Area 0.14
Lot Dimensions 30x208x30x208
Lot Size Acres 0.14
Road Surface Type Asphalt
Road Frontage Type City Street
Horse Y/N false
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* Excluded Features
List By
John Anton

Listing Agent

Steeloak Residential Llc

Broker

info@steeloak.co

Email

Affordability Calculator

$12,432
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,432
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Wake - Needham Broughton High High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$1,800,000 Listed Price

Map


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550 E Jones Street, Raleigh, NC, 27601 is a Lots and Land for sale at $1,800,000 with a lot size of 0.14. 550 E Jones Street has 0.0 baths. The property's zip code is 27601 which is in Raleigh, NC