In this part of a growing city where land is a at premium, 321 Martin Luther King Jr. Blvd is a prime lot in the heart of Downtown Raleigh ready to be reimagined. This lot is a great fit for investors looking to make their mark downtown. Expand off of the existing footprint, or look to tear down add density to this sought-after location. Perfectly situated on an easily accessible road and only two blocks from John Chavis Memorial Park, less than a mile to the City Center and Red Hat Amphiteater and an even shorter stroll to other downtown dining and retail attractions. A golden opportunity to own a piece of the fabric of Downtown Raleigh. Home is unsafe to walk through - please use CAUTION.
Sold for $209,500
$209,500
321 Martin Luther King Jr Blvd, Raleigh, NC 27601
3beds
1,400sqft
Single Family Residence, Residential
Built in 1940
6,098.4 Square Feet Lot
$297,300 Zestimate®
$150/sqft
$2,297 Estimated rent
Home value
$297,300
$241,000 - $369,000
$2,297/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 12:36am
Listed by:
Ryan Daniel Sabatini 408-623-7640,
Rich Realty Group
Bought with:
Dimitrios Christie, 334075
eXp Realty, LLC - C
Source: Doorify MLS,MLS#: 10060599
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Other
Features
- Flooring: Carpet, Hardwood, Laminate
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
- Finished area above ground: 1,400
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Enclosed
- Has view: Yes
- View description: City, Downtown, Skyline
Lot
- Size: 6,098 sqft
Details
- Additional structures: Shed(s)
- Parcel number: 21
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence, Residential
Materials
- Block, Brick
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Septic Connected, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Raleigh
- Subdivision: Not in a Subdivision
Other
Other facts
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 1/3/2025 | Sold | $209,500-30.2%$150/sqft |
Source:  Doorify MLS #10060599 Report a problem | ||
| 12/11/2024 | Pending sale | $300,000$214/sqft |
Source: Doorify MLS #10060599 Report a problem | ||
| 11/15/2024 | Listed for sale | $300,000$214/sqft |
Source: Doorify MLS #10060599 Report a problem | ||
| 11/5/2024 | Pending sale | $300,000$214/sqft |
Source: Doorify MLS #10060599 Report a problem | ||
| 10/28/2024 | Listed for sale | $300,000-7.7%$214/sqft |
Source: Doorify MLS #10060599 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,011 +0.4% | $342,959 |
| 2024 | $2,999 +67.5% | $342,959 +111.2% |
| 2023 | $1,790 +7.6% | $162,369 |
Find assessor info on the county website
Neighborhood: Central
Nearby schools
GreatSchools rating
- 5/10Joyner ElementaryGrades: PK-5Distance: 3.1 mi
- 6/10Moore Square Museum Magnet MidGrades: 6-8Distance: 0.5 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Wake - Joyner
- Middle: Wake - Moore Square Museum
- High: Wake - Broughton
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value$297,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$297,300