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Sold for $616,500 on 12/05/24
  • $616,500

    209 E Peace St, Raleigh, NC 27604

    4beds
    4baths
    2,479sqft
    MultiFamily
    Built in 1911
    -- sqft lot
    $790,400 Zestimate®
    $249/sqft
    $1,807 Estimated rent

    Owner options

    List your home for rent

    $1,807/mo

    Rent Zestimate®

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    $1,807/mo

    Rent Zestimate®

    Refinance and save

    $3,519/mo

    Est. payment

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    $3,519/mo

    Est. payment

    What's special

    Historic home with three apartments: Apt 1 is 1375 sq ft with 2 bed/2 bath, remodelled kitchen designed for a chef, 12' ceilings and hardwood floors. Apts 2 and 3 are 500 and 600 sq ft and are easily rented. Generates $2400/month today. This home could easily be converted to a single-family home. Neighborhood Description Mixed use and multi-family historic homes near Peace College and Krispy Kreme. Just across street from the Blount Square Development Project, which will drive the value of the property higher once project is complete.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Trash compactor, Washer
    Features
    • Flooring: Carpet, Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,479 sqft

    Property

    Parking
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: City
    Lot
    • Size: 5,662 sqft
    Details
    • Parcel number: 1704811902

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Shake / Shingle
    Condition
    • Year built: 1911

    Community & neighborhood

    Location
    • Region: Raleigh
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    Estimated market value
    $790,400