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1511 Joe Louis Avenue, Raleigh, NC 27610

Raleigh
Local realty services provided by:CENTURY 21 New Beginnings
1511 Joe Louis Avenue,Raleigh, NC 27610
$525,000
  • 4 Beds
  • 2 Baths
  • 1,352 sq. ft.
  • Multi-family
  • Active
Listed by: annie clements
Office: choice residential real estate
MLS#:10141059
Source:RD

Price summary

  • Price:$525,000
  • Price per sq. ft.:$388.31

About this home

Amazing opportunity to own a rental property with development potential in downtown Raleigh. The property is currently improved with 2 bedroom/1 bathroom duplex units and are tenant occupied, providing immediate rental income with future redevelopment possibilities. Ideal for developers seeking flexibility for higher density residential development, including duplexes, townhomes, or multifamily projects (buyer to confirm zoning, density, and permitted uses). Strong surrounding growth, with proximity to dining, entertainment, employment centers, and major roadways, making this a highly desirable location. The adjacent property, 600 Sherrybrook Dr., is also available for purchase; if acquired together, the two parcels total approximately 0.41 acres with R-10 zoning. Buyer to confirm square footage. Listing agent has not been inside the units.

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Home facts

  • Year built:1983
  • Listing ID #:10141059
  • Added:147 day(s) ago
  • Updated:June 10, 2026 at 03:08 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Kitchen Description:Range, Refrigerator
  • Living area:1,352 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard Heat, Electric

Structure and exterior

  • Roof:Composition
  • Year built:1983
  • Building area:1,352 sq. ft.
  • Lot area:0.21 Acres
  • Construction Materials:Masonite
  • Levels:One

Schools

  • High school:Wake County Schools
  • Middle school:Wake County Schools
  • Elementary school:Wake County Schools

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$388.31
  • Tax amount:$2,188

Features and amenities

  • Appliances:Dryer, Range, Refrigerator, Washer
  • Laundry features:Dryer, In Unit, Washer
  • Amenities:Washer

Parking

  • Parking description:Driveway
MLS LogoListings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Copyright 2026 Doorify MLS of North Carolina. All rights reserved. RD Member Broker: Ellisha Mayers

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