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Sold for $1,075,000 on 02/20/25
  • $1,075,000

    701 Glascock St, Raleigh, NC 27604

    6beds
    2,690sqft
    Apartment, Multi Family
    Built in 2020
    -- sqft lot
    $1,058,900 Zestimate®
    $400/sqft
    $2,275 Estimated rent

    Home value

    $1,058,900

    $1.01M - $1.11M

    $2,275/mo

    Zestimate® history
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    $6,277/mo

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    $6,277/mo

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    What's special

    OUTSTANDING INVESTMENT OPPORTUNITY! Discover the charm of neighborhood living with this stunning downtown 3-unit (2-attached units + 1 detached) located in the Mordecai neighborhood, steps from Brookside Market and The Optimist coffee shop! Featuring three spacious 1-story, 2-bedroom/1-bath units. This property is currently a very successful and fully occupied long term rental. This location and unit type could be a great option for midterm or short term rentals. There are $1.5M+ new builds across the street from this property, showcasing how highly desirable this location is in Mordecai. Contact for current financials and to schedule a showing. Take advantage of this rare opportunity today!

    Zillow last checked: 8 hours ago

    Listing updated: October 28, 2025 at 12:41am

    Listed by:

    Matthew Tomasulo 860-836-4891,

    Elm Partners

    Bought with:

    Paul Brownie, 270921

    POINTE REALTY GROUP LLC

    Source: Doorify MLS,MLS#: 10069381MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat Pump
    Cooling
    • Central Air, Heat Pump, Varies by Unit
    Appliances
    • Included: Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
    Features
    • Flooring: Wood
    Interior area
    • Total structure area: 2,690
    • Total interior livable area: 2,690 sqft
    • Finished area above ground: 2,690
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    Lot
    • Size: 9,147 sqft
    Details
    • Parcel number: 1714138835
    • Zoning: R-10
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Apartment, Multi Family
    Materials
    • Cement Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Raleigh
    • Subdivision: Brookside

    Price history

    DateEventPrice
    2/20/2025Sold$1,075,000-2.3%$400/sqft
    Source: Doorify MLS #10069381
    1/9/2025Pending sale$1,100,000$409/sqft
    Source: Doorify MLS #10069381
    1/6/2025Listed for sale$1,100,000+201.4%$409/sqft
    Source: Doorify MLS #10069381
    6/15/2023Listing removed--
    Source: Zillow Rentals
    5/16/2023Price change$2,100-4.5%$1/sqft
    Source: Zillow Rentals

    Public tax history

    YearProperty taxesTax assessment
    2025$6,832 +0.4%$778,803
    2024$6,804 -5.1%$778,803 +19.1%
    2023$7,167 +16.5%$653,893

    Find assessor info on the county website

    Neighborhood: East Raleigh

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Conn
    • Middle: Wake - Ligon
    • 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.

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    Estimated market value

    $1,058,900

    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

    $1,058,900