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2.33 acres in Wake County, NC

2.33 acres - 5 DETACHED HOMES with City Utilities (2 rented) and a 6th vacant lot ready to build, each with Family room, 2 Bed rooms, 1FB on 2.33 acres of prime land offNew Bern Ave, close to Wake Med and just 5 miles from downtown Raleigh! Terrific investment opportunity! Some work needed in 3 of the 5 homes beforethey can be occupied. BEING SOLD 'AS IS'. No Appraisal contingency. Average rent is $750/month. Much higher rent potential. There are no long term leases so buyer can start with new tenant/rent. Please check the new Raleigh zoning and potentail for multiple homes and ADU units. Home is said to bein one of Raleigh's redevelopment areas. Please check info at:

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Directions

FROM 440 BELTLINE, take Exit 13B, New Bern Avenue (Hwy 64 Business). TURN RIGHT ON BEACON LAKE DRIVE, RIGHT ON THELMA. LEFT ON VIRGINIA STREET.

Environmental Factors

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Source:First Street
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Real Triangle Properties LLC

Cary, NC

(984) 226-5345

Joe Matthews

Real Triangle Properties LLC
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Real Triangle Properties LLC, (984) 226-5345
Source: Homes, MLS# 10144956
Listing last updated: February 7, 2026 at 6:33 AM
Listing last checked: February 6, 2026 at 6:01 AM
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