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    2341 New Bern Ave Raleigh, NC 27610

    Pending
    For Sale
    $799,000

    MULTI_FAMILY - Raleigh, NC

    Type:Single Family Residence
    Property size:
    4,556 SF
    Lot size:
    1.50 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 13 at 3:06 am

    Property Features for 2341 New Bern Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    RX-3-GP
    Rooms
    Bedroom 5, Bedroom 6, Bathroom 4, Basement, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 3, Bathroom 5, Bathroom 2
    Bedrooms
    7
    Bathrooms
    5
    APN
    1713991312
    Patio and Porch features
    Porch
    Fireplace
    1
    Basement
    Crawl Space
    Size
    4,556 SF
    Lot size
    1.50 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1983
    Floors in Building
    1
    Number of units
    2
    Building materials
    Brick
    Roof type
    Shingle

    eXp Realty, LLC (919) 333-4265 [email protected]

    Listing agent Hollie Jane Lupton (919) 631-0909

    Listing date Nov 27, 2025

    MLS# 10117663 Listing URL

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Property Near Downtown Raleigh

    This property features two income-producing single-family rental homes situated on a 1.5-acre lot. The residences include a 4-bedroom, 3-bathroom brick ranch with a 2-car detached garage, and a 3-bedroom, 2-bathroom brick ranch. Located near downtown Raleigh along the Wake BRT Route, the property offers access to major highways, public transportation, and employment hubs. The RX-3-GP zoning of the property may allow for various development options. The property is located in Wake County, North Carolina. The property's location in a rapidly growing neighborhood suggests potential for steady cash flow and future appreciation. The total property size is 4556 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.597969
    Latitude
    35.780635

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    FAQs

    What type of property is this?
    Single family property - Two single-family rental homes on a 1.5-acre lot.
    Where is this single family property located?
    The property is located at 2341 New Bern Ave Raleigh, NC.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - 1. 5-acre lot with TWO income-producing single-family rental homes.; - Priced BELOW tax value.; - Prime location seconds from downtown Raleigh and along the Wake BRT Route.
    (919) 631-0909
    Request Owner's contact information
    2341 New Bern Ave Raleigh, NC 27610
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    Raleigh, NC 27610
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2341 New Bern Ave Raleigh, NC 27610
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