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Lots & Land-Other in Raleigh

price

$219,000|Listed: May 21, 2025

MLS#561367603

location

1207 Carlton Avenue, Raleigh, Wake County, North Carolina

Status:Active

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Property Type

  • Acreage

Acreage

0 acres

County

Wake, North Carolina

Format

Sale

Description

PRIME BUILDABLE LOT IN THE HEART OF NC STATE RENTAL MARKET! Located just one block from NC State campus, this buildable lot offers an exceptional opportunity for student housing development in a highly sought-after area. Zoned to accommodate a custom duplex and additional Accessory Dwelling Unit (ADU), this property allows for up to 12 bedrooms, perfect for maximizing rental income in the vibrant student community. Key Features: Location: Prime location just one block from NC State campus. Zoning: Approved for a 4 bedroom duplex plus an ADU, totaling up to 12 bedrooms. Customized Plans: Purchase pre-designed customizable building plans or use your own builder to create a tailored student housing solution. Rental Demand: Strong demand for student rentals per bedroom ensures high occupancy rates. Community: Established neighborhood with proximity to campus amenities and services. Development Zone: Part of a growing student development area with 7 other proposed new duplexes. Don't miss out on this exceptional investment opportunity to capitalize on the thriving NC State rental market. Build your portfolio with this high-yield property in a rapidly developing student-centric community.

Listing Agent

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Ida Terbet

Co-Op Member Owner

company

Howard Perry and Walston

location

Raleigh, North Carolina

Co-op approved lenders in Wake County, North Carolina:
Farm Credit
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price

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acres

0 Acres

location

Raleigh, North Carolina, 27603