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4009 Virginia Street Raleigh, NC 27610

View on Map
For Sale
$998,900

LAND - Raleigh, NC

Lot size:
2.33 Acres
Added:
Feb 5, 2026
Days on Market:
54
Last Refresh:
Mar 31 at 8:06 pm

Property Features for 4009 Virginia Street

General Information

Property type
Land
Property subtype
Other
Zoning
R-4
Vegetation
Brush, Cleared
Standard status
Active
APN
1724643495
Lot size
2.33 Acres

Taxes and HOA fees

TaxYear
2025
TaxDescription
LO121-129 INC BEACON LAKE SUB
TaxAnnualAmount
4803

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public

We can help!

Listing Contact
Joe Matthews
Joe Matthews

Listing agent Joe Matthews License #134224

Listing office Real Triangle Properties LLC 7231 Carpenter Fire Station Rd, Cary, NC

Listing date Feb 5, 2026

MLS# 10144956 Listing URL

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Raleigh Land with Detached Homes

This property features 2.33 acres of land with five detached homes and a vacant lot ready for construction. Located off New Bern Ave, the site is near Wake Med and approximately five miles from downtown Raleigh. The property is zoned R-4 and has city utilities. Currently, two of the five homes are rented, with the remaining three requiring some work before occupancy. The property is being sold 'AS IS' with no appraisal contingency. The average rent for the occupied units is $750 per month, with potential for higher rents. There are no long-term leases in place, offering flexibility for new tenants and rental rates. The property is located in Raleigh and may be in one of Raleigh's redevelopment areas. The new Raleigh zoning may allow for multiple homes and ADU units. This presents a terrific investment opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Raleigh
County
Wake
State
North Carolina
Longitude
-78.57382
Latitude
35.794672

FAQs

What type of property is this?
Single family property - 2.33 acres with 5 homes near downtown Raleigh.
Where is this single family property located?
The property is located at 4009 Virginia Street Raleigh, NC.
What is the asking price?
The asking price for this property is $998,900.
What are key features of this property?
This property features: 2.33 acres with 5 detached homes and a vacant lot, all with city utilities.; Terrific investment opportunity with potential for increased rental income.; Prime location off New Bern Ave, close to Wake Med and 5 miles from downtown Raleigh.
More about this property
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