The yellow house on Martin Street is available! You know you've been eyeing it for a while now. With form, function, and an unbeatable location, this charming bungalow has it all. It's just one block from Moore Square and Transfer Food Hall. This is one of the closest homes to everything downtown Raleigh has to offer, with a greenway just minutes away. Where else can you find a home in downtown with no HOA? Charge your EV at a dedicated parking space in the back and cook in a spacious kitchen equipped with an induction stove. Rooftop solar panels help keep utility costs low, averaging around $50 per month for heating, cooling, and transportation. The large covered front porch is the perfect spot to unwind after a long day or to start your morning with a cup of coffee. The small yard also packs a big punch: relax on the deck, grow your own herbs and vegetables in raised beds, let your dogs roam safely within a picture-perfect picket fence, and store your bikes and gear in the shed. On top of all that, this home has been impeccably maintained and thoughtfully updated with timeless features--hardwood floors, quartz countertops, and elegant fixtures. The cozy, open floor plan doesn't sacrifice dining or living space. Make this downtown Raleigh home yours today, or invest in a property with strong potential for short- or medium-term rental income. New to downtown or a first-time homeowner? Some furniture may convey!
For sale
$475,000
408 E Martin St, Raleigh, NC 27601
2beds
830sqft
Est.:
Single Family Residence, Residential
Built in 1988
2,613.6 Square Feet Lot
$474,800 Zestimate®
$572/sqft
$-- HOA
What's special
Charming bungalowLarge covered front porchPicture-perfect picket fenceHardwood floorsRooftop solar panelsElegant fixturesQuartz countertops
- 4 days |
- 692 |
- 37 |
Zillow last checked: 7 hours ago
Listing updated: March 22, 2026 at 02:48am
Listed by:
Cecilia Zuvic 919-210-5571,
Monarch Realty Co.
Source: Doorify MLS,MLS#: 10153781
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer Stacked, Water Heater, Other
- Laundry: Electric Dryer Hookup, In Kitchen, Washer Hookup
Features
- Bathtub/Shower Combination, Ceiling Fan(s)
- Flooring: Tile, Wood
- Doors: Storm Door(s)
- Common walls with other units/homes: No Common Walls, No One Above, No One Below
Interior area
- Total structure area: 830
- Total interior livable area: 830 sqft
- Finished area above ground: 830
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Parking Lot
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Front Porch
- Exterior features: Fenced Yard, Rain Gutters, Storage
- Fencing: Back Yard, Fenced, Wood
- Has view: Yes
- View description: Downtown
Lot
- Size: 2,613.6 Square Feet
- Dimensions: 43 x 60
- Features: Back Yard
Details
- Additional structures: Shed(s)
- Parcel number: 170336878775000 0170744
- Zoning: OX-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Masonite
- Roof: Shingle
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in a Subdivision
HOA
- Has HOA: No
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $572/sqft
- Tax assessed value: $376,991
- Annual tax amount: $3,307
- Date on market: 3/20/2026
Estimated market value
$474,800
$451,000 - $499,000
$1,803/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Listed for sale | $475,000+361.2%$572/sqft |
Source:  Doorify MLS #10153781 Report a problem | ||
| 12/28/2010 | Sold | $103,000+25.6%$124/sqft |
Source: Public Record Report a problem | ||
| 12/28/2004 | Sold | $82,000$99/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,308 +0.4% | $376,991 |
| 2024 | $3,294 +52% | $376,991 +91.4% |
| 2023 | $2,167 +7.6% | $196,953 |
| 2022 | $2,014 +4% | $196,953 |
| 2021 | $1,936 +1.8% | $196,953 |
| 2020 | $1,901 +22.1% | $196,953 +48.5% |
| 2019 | $1,557 | $132,635 |
| 2018 | $1,557 +11.2% | $132,635 |
| 2017 | $1,400 +2.1% | $132,635 |
| 2016 | $1,371 +47.6% | $132,635 +51.1% |
| 2015 | $929 +5.3% | $87,770 |
| 2014 | $882 | $87,770 |
| 2013 | -- | $87,770 |
| 2012 | -- | $87,770 |
| 2011 | -- | $87,770 |
| 2010 | -- | $87,770 |
| 2009 | -- | $87,770 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,609/mo
Principal & interest
$2340
Property taxes
$269
More affordability tools
Climate risks
Neighborhood: Central
Nearby schools
GreatSchools rating
- 7/10Root Elementary SchoolGrades: PK-5Distance: 3.5 mi
- 6/10Moore Square Museum Magnet MidGrades: 6-8Distance: 0.1 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 27601
- North Carolina
- Wake County
- Raleigh
- 27601
- Central
- 408 E Martin St
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