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515 Hoke Street, Raleigh, NC 27601

Local realty services provided by:CENTURY 21 Total Real Estate Solutions
515 Hoke Street,Raleigh, NC 27601
$425,000
  • 6 Beds
  • 2 Baths
  • 1,728 sq. ft.
  • Multi-family
  • Active
Listed by: elisabeth kane
Office: allen tate/ lake royale
MLS#:10115335
Source:RD

Price summary

  • Price:$425,000
  • Price per sq. ft.:$245.95

About this home

Priced to sell! 175K price improvement!!!!! Remarkable investment opportunity w/ this duplex located in prime downtown Raleigh! (Also available-513 Hoke street (adjacent) ! While this property requires extensive renovations, it presents an incredible canvas for seasoned investors looking to add value and build on the surrounding growth. Each building sits on .16 acres, features two-- 3 bed 1 bath, ideal for long or short term rental opportunities. With a tax land value alone of $300,000 (DOUBLE your investment if both purchased). Only a 6 min drive to NC State & 4 min to the newly developed Dorthea Dix Park, featuring The 18.5 acre Gipson Play Area w/ multiple playgrounds, sensory maze, splash fountain & more! Encircled by NEW construction, this is an opportunity to secure properties in an ideal location! 10 min to Walnut Creek Amphitheater, 3 min to the Convention Center, restaurants, culture- endless posibilities! Ability to capitalize on a prime investment & make this property your

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Home facts

  • Year built:1983
  • Listing ID #:10115335
  • Added:162 day(s) ago
  • Updated:January 18, 2026 at 04:34 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,728 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1983
  • Building area:1,728 sq. ft.
  • Lot area:0.16 Acres

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:$425,000
  • Price per sq. ft.:$245.95
  • Tax amount:$3,043
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