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Sold for $400,000
  • $400,000

    513 Cleveland St, Raleigh, NC 27605

    4beds
    2,110sqft
    Quadruplex
    Built in 1920
    -- sqft lot
    $488,000 Zestimate®
    $190/sqft
    $2,740 Estimated rent

    Home value

    $488,000

    $464,000 - $512,000

    $2,740/mo

    Zestimate® history
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    What's special

    Excellent investment and redevelopment opportunity in the heart of Raleigh! This 1920s Craftsman features four individual units. Nestled on a quiet street in the highly desirable Glenwood-Brooklyn Historic District, this property combines neighborhood charm with unbeatable convenience. Enjoy being just minutes from grocery stores, acclaimed restaurants, Fletcher Park, and close proximity to downtown Raleigh. Currently configured as a stripped-down quadplex, the footprint provides the perfect shell for a high-end single-family conversion. Alternatively, rehab the existing four 1-bed/1-bath units to capture premium rental rates in a Class-A location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kharmika T Alston,

    The Alston Real Estate Group

    Bought with:

    Ryan Manning, 363341

    Tricap Property Management,LLC

    Source: Doorify MLS,MLS#: 10177968MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Other, See Remarks
    Cooling
    • Wall/Window Unit(s)
    Features
    • Flooring: Hardwood, Parquet
    • Basement: Walk-Out Access
    Interior area
    • Total structure area: 2,110
    • Total interior livable area: 2,110 sqft
    • Finished area above ground: 2,110
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Additional Parking, Off Street
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 170414438292000 0060844
    • Zoning: R-10
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick
    • Foundation: Crawlspace
    • Roof: See Remarks
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Glenwood
    HOA
    • Has HOA: No
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $190/sqft
    • Tax assessed value: $612,027
    • Annual tax amount: $5,417
    • Date on market: 10/23/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    11/1/2026Sold$400,000-22.3%$190/sqft
    Source: Doorify MLS #10177968 Report a problem
    10/23/2026Pending sale$515,000$244/sqft
    Source: Doorify MLS #10177968 Report a problem
    10/23/2026Listed for sale$515,000$244/sqft
    Source: Doorify MLS #10177968 Report a problem
    9/25/2026Pending sale$515,000$244/sqft
    Source: Doorify MLS #10177968 Report a problem
    9/18/2026Price change$515,000-14.2%$244/sqft
    Source: Doorify MLS #10177968 Report a problem
    8/18/2026Price change$600,000-7.7%$284/sqft
    Source: Doorify MLS #10177968 Report a problem
    7/10/2026Listed for sale$650,000+400%$308/sqft
    Source: Doorify MLS #10177968 Report a problem
    3/31/1993Sold$130,000$62/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$80 $612,027
    2024$80 $612,027 +33.7%
    2023$80 $457,829
    2022$80 $457,829
    2021$80 $457,829
    2020$80 $457,829 +31.8%
    2019$80 $347,451
    2018$80 $347,451
    2017$80 $347,451
    2016$80 $347,451 +0.2%
    2015$80 $346,877
    2014$80 $346,877
    2013-- $346,877
    2012-- $346,877
    2011-- $346,877
    2010-- $346,877
    2009-- $346,877
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
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    Find assessor info on the county website

    Neighborhood: Five Points

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value

    $488,000

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $488,000