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513 Cleveland Street Raleigh, NC $ 515,000
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$ 515,000 Get more info
513 Cleveland Street
$ 515,000
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513 Cleveland Street

Raleigh, NC, 27605
$ 515,000
Bedrooms4 Baths4.0 Sq 2,110

Monthly Estimate*

$ 3,557

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Multi-Family Home for sale in Raleigh, NC

for $515,000 with 4 bedrooms and 4 full baths. This 2,110 square foot home was built in 1920 on a lot size of 0.09.

Excellent investment and redevelopment opportunity in the heart of Raleigh! This 1920s Craftsman features four individual units. Nestled on a quiet street in the highly desirable Glenwood-Brooklyn Historic District, this property combines neighborhood charm with unbeatable convenience. Enjoy being just minutes from grocery stores, acclaimed restaurants, Fletcher Park, and close proximity to downtown Raleigh. Currently configured as a stripped-down quadplex, the footprint provides the perfect shell for a high-end single-family conversion. Alternatively, rehab the existing four 1-bed/1-bath units to capture premium rental rates in a Class-A location.

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Multi-Family Pending

Price

$ 515,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Arts & Crafts

Lot Size

0.09

Year Built

1920

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

10177968
Features
General
Sewer Public Sewer
Heating Other See Remarks
Cooling Wall/Window Unit(s)
Roof See Remarks
Zoning R-10
Architectural Style Arts & Crafts
Construction Materials Brick
Year Built 1920
Stories Count 2
Levels Two
Property Subtype Quadruplex
County Wake
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Glenwood
Full Baths 4
Status Pending
City Raleigh
Open Parking Spaces 4
Lot Size Units Acres
Lot Size Square Feet 3920
Carport Y/N false
Tax Annual Amount 5417.49
Structure Type Quadruplex
Standard Status Pending
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Interior
Basement Walk-Out Access
Flooring Hardwood Parquet
Air Conditioning Y/N true
Heating Y/N true
Above Grade Finished Area 2110
Half Baths 0
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 4
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Exterior
Parking Features Additional Parking Off Street
Water Source Public
Lot Size Area 0.09
Foundation Details Crawlspace
Building Area Total 2110
Lot Size Acres 0.09
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* Excluded Features
List By
Kharmika T Alston

Listing Agent

The Alston Real Estate Group

Broker

kharmika@livelovedurham.com

Email

Affordability Calculator

$3,557
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,557
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/18/2026$515,000 -14.17% Price Down
8/20/2026$600,000 Listed Price

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513 Cleveland Street, Raleigh, NC, 27605 is a Multi-Family Home for sale at $515,000 with 2,110 sqft and a lot size of 0.09. 513 Cleveland Street has 4 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 27605 which is in Raleigh, NC

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