615 New Bern Avenue, Raleigh, NC 27601
Local realty services provided by:CENTURY 21 New Beginnings
615 New Bern Avenue,Raleigh, NC 27601
$415,000
- 3 Beds
- 4 Baths
- 2,134 sq. ft.
- Single family
- Active
Listed by: stacey delgado, charlie delgado
Office: redfin corporation
MLS#:10165257
Source:RD
Price summary
- Price:$415,000
- Price per sq. ft.:$194.47
About this home
Strategically positioned along one of Raleigh's most actively evolving urban corridors, this prominent OX-3 zoned corner property offers a rare opportunity to acquire a four-unit structure with exceptional mixed-use redevelopment, adaptive reuse, office conversion, residential repositioning, or future infill construction potential just minutes from Downtown Raleigh.
Existing improvements require substantial rehabilitation and the property is being sold as-is, creating an ideal canvas for investors, developers, and visionary buyers seeking a high-visibility asset with multiple long-term value creation paths.
The property is further strengthened by immediate adjacency to recently completed new home and condominium development and sits directly within the trajectory of significant public and private corridor investment, including New Bern Avenue Bus Rapid Transit infrastructure, expanding transit-oriented development momentum, rising multifamily and mixed-use demand, and increasing institutional growth connecting Downtown Raleigh, WakeMed, workforce housing nodes, and surrounding commercial services.
With strong corridor presence, strategic downtown proximity, and continued redevelopment pressure throughout the surrounding area, this site represents a compelling opportunity to capitalize on one of Raleigh's emerging gateway growth corridors. Buyer to verify all intended uses with City of Raleigh. See photos of early plans of potential four-unit townhome building not yet city approved....
Contact an agent
Home facts
- Year built:1983
- Subdivision & Development:Not in a Subdivision
- Listing ID #:10165257
- Added:128 day(s) ago
- Updated:September 12, 2026 at 03:45 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:1
- Flooring:Hardwood
- Living area:2,134 sq. ft.
Heating and cooling
- Cooling:Multi Units
Structure and exterior
- Roof:Shingle
- Year built:1983
- Building area:2,134 sq. ft.
- Lot area:0.11 Acres
- Architectural Style:Craftsman
- Construction Materials:Vinyl Siding
- Levels:Two
Schools
- High school:Wake - Needham Broughton High
- Middle school:Wake - Ligon Middle
- Elementary school:Wake - Powell Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$415,000
- Price per sq. ft.:$194.47
- Tax amount:$5,031
New listings near 615 New Bern Avenue
- Coming Soon
$240,000Coming Soon2 beds 3 baths1,280 sq. ft.5617 Hamstead Crossing, Raleigh, NC 27612
MLS# 10192378Listed by: LONG & FOSTER REAL ESTATE INC/RALEIGH - Coming Soon
$299,900Coming Soon2 beds 3 baths1,375 sq. ft.8347 City Loft Court, Raleigh, NC 27613
MLS# 10192255Listed by: REALTY WORLD CAROLINA PROP - Coming Soon
$1,395,000Coming Soon4 beds 4 baths3,357 sq. ft.113 Crestview Road, Raleigh, NC 27609
MLS# 10191904Listed by: RALEIGH CUSTOM REALTY, LLC - Coming Soon
$1,049,900Coming Soon3 beds 4 baths2,060 sq. ft.1315 Fairview Road, Raleigh, NC 27608
MLS# 10191630Listed by: MONARCH REALTY CO. - Coming Soon
$1,275,900Coming Soon4 beds 4 baths2,583 sq. ft.301 Bickett Boulevard, Raleigh, NC 27608
MLS# 10191621Listed by: MONARCH REALTY CO. - Coming Soon
$875,000Coming Soon3 beds 3 baths2,372 sq. ft.2536 Ashley Court, Raleigh, NC 27607
MLS# 10191472Listed by: HOWARD HANNA ALLEN TATE DURHAM - Coming Soon
$2,999,900Coming Soon5 beds 6 baths6,563 sq. ft.1521 Grand Willow Way, Raleigh, NC 27614
MLS# 10191094Listed by: RALEIGH CUSTOM REALTY, LLC - Coming Soon
$469,900Coming Soon4 beds 3 baths2,426 sq. ft.824 Elbridge Drive, Raleigh, NC 27603
MLS# 10190886Listed by: INTEGRA REALTY - New
$550,000Active3 beds 2 baths1,032 sq. ft.552 Moseley Lane, Raleigh, NC 27601
MLS# 10192418Listed by: BERKSHIRE HATHAWAY HOMESERVICE - New
$350,000Active3 beds 3 baths1,649 sq. ft.3005 Slippery Elm Drive, Raleigh, NC 27610
MLS# 10192405Listed by: IRBY STINSON REALTY