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
0baths
2.33Acres
Unimproved Land
Built in ----
2.33 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 236 days
- 36
- 0
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
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: Back Yard
- Has view: Yes
- View description: Neighborhood
- Frontage type: Other
Lot
- Size: 2.33 Acres
- Features: Level, Driveway
- Residential vegetation: Brush, Cleared
Details
- Parcel number: 1724643495
- Zoning: R-4
- Special conditions: Standard
- Other equipment: None
- Wooded area: 0
- Horse amenities: None
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, None, Suburban
- Subdivision: Beacon Lake
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Tax assessed value: $538,329
- Annual tax amount: $4,803
- Date on market: 2/6/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: 1031 Exchange,Cash,Conventional,Other
- 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
Climate risks
Neighborhood: Northeast Raleigh
Nearby schools
Schools provided by the listing agent
- Elementary: Wake - Partnership Elementary
- Middle: Wake - Moore Square Middle
- High: Wake - Southeast Raleigh High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




