Incredible development/renovation opportunity at Glenwood South, in the heart of Downtown Raleigh. A rare chance to build in one of the city's most active and desirable neighborhoods, with a high visibility location, strong foot traffic and walkable access to Raleigh's premier dining, nightlife, and entertainment. Two adjacent parcels (407 & 411 N. Boylan Ave) being sold together as one listing, offering a combined 0.26 acres (0.13 acres each) with three existing dwellings on the 2 lots totaling approx. 4,492 sqft. Zoned OX-3 (mixed-use, residential with business use), the site supports a wide range of uses including detached single-family, townhomes, condos/apartments, retail, office, or a combination of mixed-use development (ex. commercial on the ground floor, residential above). Parcels may be developed together or separately. Maximum building height is 3 stories under current zoning. Subject to NCOD overlay, which includes restrictions on roof pitch, setbacks, and similar design standards (see private agent remarks for details). Rezoning is possible and may allow for higher density or additional stories (several surrounding properties have already done so successfully). Utilities are available. All development potential is subject to final review and approval by surveyors, engineers, and the City of Raleigh. First photos of lots cleared + built on, are all virtually rendered!
For sale
Price cut: $101K (5/15)
$1,699,000
407 & 411 N Boylan Ave, Raleigh, NC 27603
9beds
4,492sqft
Single Family Residence, Residential, Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$378/sqft
$-- HOA
What's special
- 78 days |
- 548 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Martin Verdi 919-771-7772,
Compass -- Raleigh,
Sam Arkhangelski 919-980-2788,
Compass -- Raleigh
Source: Doorify MLS,MLS#: 10159638
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Other
Cooling
- Other
Appliances
- Laundry: Other
Features
- Other
- Flooring: Wood, Other
Interior area
- Total structure area: 4,492
- Total interior livable area: 4,492 sqft
- Finished area above ground: 4,492
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Driveway, No Garage, On Site
- Uncovered spaces: 4
Features
- Levels: One, Two
- Patio & porch: Other
- Fencing: Other
- Has view: Yes
- View description: City, City Lights, Downtown
Lot
- Size: 0.26 Acres
- Features: City Lot, Rectangular Lot, Zero Lot Line
Details
- Additional structures: Guest House, Residence
- Parcel number: 1704.18400938 & 1704.18410023
- Zoning: OX-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence, Residential, Multi Family
Materials
- Other
- Foundation: Other
- Roof: Other
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $378/sqft
- Annual tax amount: $17,928
- Date on market: 4/13/2026
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$2,181/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $1,699,000-5.6%$378/sqft |
Source: | ||
| 4/13/2026 | Listed for sale | $1,800,000$401/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: Hillsborough
Nearby schools
GreatSchools rating
- 6/10Wiley ElementaryGrades: PK-5Distance: 0.1 mi
- 7/10Oberlin Middle SchoolGrades: 6-8Distance: 2 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Wake - Wiley
- Middle: Wake - Oberlin
- High: Wake - Broughton
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
- 27603
- Hillsborough
- 407 & 411 N Boylan Ave





