2.33 acres - 5 DETACHED HOMES with City Utilities (2 rented) and a 6th vacant lot ready to build, each with Family room, 2 Bed rooms, 1FB on 2.33 acres of prime land offNew Bern Ave, close to Wake Med and just 5 miles from downtown Raleigh! Terrific investment opportunity! Some work needed in 3 of the 5 homes beforethey can be occupied. BEING SOLD 'AS IS'. No Appraisal contingency. Average rent is $750/month. Much higher rent potential. There are no long term leases so buyer can start with new tenant/rent. Please check the new Raleigh zoning and potentail for multiple homes and ADU units. Home is said to bein one of Raleigh's redevelopment areas. Please check https://Useful info at: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance
Lot/land
$998,900
4009 Virginia St Lot 121-129, Raleigh, NC 27610
--beds
--baths
2.33Acres
Ranch, Land
Built in ----
2.33 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 143 days |
- 22 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Joe Matthews 919-244-7733,
Real Triangle Properties LLC,
Philo Matthews 919-656-6783,
Real Triangle Properties LLC
Source: Doorify MLS,MLS#: 10144956
Facts & features
Property
Parking
- Parking features: Driveway
Features
- Fencing: Back Yard
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 2.33 Acres
- Features: Level
Details
- Parcel number: 1724643495
- Zoning: R-4
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Curbs, Suburban, None
- Subdivision: Beacon Lake
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Annual tax amount: $4,803
- Date on market: 2/6/2026
- Lease term: Month To Month
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2026 | Listed for sale | $998,900 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Northeast Raleigh
Nearby schools
GreatSchools rating
- 9/10Partnership ElementaryGrades: K-5Distance: 4.2 mi
- 6/10Moore Square Magnet Middle SchoolGrades: 6-8Distance: 3.6 mi
- 4/10Southeast Raleigh HighGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- Elementary: Wake - Partnership
- Middle: Wake - Moore Square Museum
- High: Wake - S E Raleigh
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Wake County
- Raleigh
- 27610
- Northeast Raleigh
- 4009 Virginia St Lot 121-129




