Raleigh, NC 27610,1511 Joe Louis Avenue
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Raleigh, NC 27610,1511 Joe Louis Avenue
Raleigh, NC 27610,1511 Joe Louis Avenue
Raleigh, NC 27610,1511 Joe Louis Avenue
Raleigh, NC 27610,1511 Joe Louis Avenue
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Listed by Choice Residential Real Estate
$ 625,000
Est. payment /mo
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1511 Joe Louis Avenue Raleigh, NC 27610

4 Beds

2 Baths

1,352 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,352 sqft

Price per Sqft $462

Subdivision Joe Louis Park

MLS Listing ID 10141059

Style Duplex

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,352

Year Built 1983

Annual Tax Amount $2,188

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Duplex

Source Triangle MLS

Property Description

Amazing opportunity to own a rental property with development potential in downtown Raleigh. The property is currently improved with 2 bedroom/1 bathroom duplex units and are tenant occupied, providing immediate rental income with future redevelopment possibilities.
Ideal for developers seeking flexibility for higher density residential development, including duplexes, townhomes, or multifamily projects (buyer to confirm zoning, density, and permitted uses).
Strong surrounding growth, with proximity to dining, entertainment, employment centers, and major roadways, making this a highly desirable location.
The adjacent property, 600 Sherrybrook Dr., is also available for purchase; if acquired together, the two parcels total approximately 0.41 acres with R-10 zoning.
Buyer to confirm square footage. Listing agent has not been inside the units.

Location

State NC

County Wake

Zoning R-10

Direction From Rock Quarry, turn Right onto Merrywood, Right on Joe Louis, Duplex/Lot are on the Left.

Interior

Heating Baseboard, Electric

Cooling Window Unit(s)

Flooring See Remarks

Appliance Dryer, Range, Refrigerator, Washer

Laundry In Unit

Exterior

View Y/N Yes

Roof Type Composition

Street Surface Paved

Garage No

Private Pool No

Building

Faces From Rock Quarry, turn Right onto Merrywood, Right on Joe Louis, Duplex/Lot are on the Left.

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Masonite

New Construction No

Schools

Elementary Schools Wake County Schools

Middle Schools Wake County Schools

High Schools Wake County Schools

Others

Senior Community No

Tax ID 171310357636000 0121771

Special Listing Condition Real Estate Owned


Doorify MLS / Triangle MLS
Nicole Prophet

Nicole Prophet

Broker | License ID: 313289

+1(919) 322-8090

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1511 Joe Louis Avenue