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For sale
  • $650,000

    513 Cleveland St, Raleigh, NC 27605

    --beds
    2,110sqft
    : 
    $3,912/mo
    Get pre-qualified
    Quadruplex, Multi Family
    Built in 1920
    -- sqft lot
    $628,000 Zestimate®
    $308/sqft
    $-- HOA

    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.
    33 days
    |
    1,398
    |
    90
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kharmika T Alston,

    The Alston Real Estate Group

    Source: Doorify MLS,MLS#: 10177968MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • 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
      • Has view: Yes
      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, Multi Family
      Materials
      • Brick
      • 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: $308/sqft
      • Tax assessed value: $612,027
      • Annual tax amount: $5,417
      • Date on market: 7/10/2026

        Estimated market value

        $628,000

        $597,000 - $659,000

        $2,516/mo

        Price history

        DateEventPrice
        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-- --
        2002-- --
        2001-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: Five Points

        Getting around

        85 / 100
        Very Walkable
        54 / 100
        Good Transit
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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