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    700 Glascock St Raleigh, NC 27604

    For Sale
    $659,000

    MULTI_FAMILY - Raleigh, NC

    Type:Single Family Residence
    Property size:
    1,891 SF
    Lot size:
    0.22 Acres
    Days on Market:
    84
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 700 Glascock St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 1, Basement, Bedroom 2, Bedroom 7, Bathroom 2, Bedroom 8
    Bedrooms
    8
    Bathrooms
    2
    APN
    1714230654
    Parking features
    Off Street
    Basement
    Crawl Space
    Appliances
    Dryer, Electric Range, Microwave, Refrigerator, Washer
    Size
    1,891 SF
    Lot size
    0.22 Acres

    Utilities

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

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    8
    Flooring type
    Tile, Hardwood
    Roof type
    Shingle

    Aimee Anderson & Associates Inc (919) 274-9111 [email protected]

    Listing agent Aimee Anderson (919) 274-9111

    Listing date Sep 23, 2025

    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

    Raleigh Investment Property: Rooming House

    This 1,891 square foot property is an 8-room rooming house featuring a community kitchen, two full bathrooms, and a laundry room. It is located in a desirable Raleigh neighborhood among newly built properties. The property has a history of rental income. Each room is fully furnished, including a refrigerator. All units are currently rented, generating a total monthly income of $5,225. Tenants have been screened. The owner provides utilities, WIFI, and cable. The property is within walking distance of a grocery store and restaurants, and is on a bus line. Oakwood Park, offering community ball games and a dog park, is one block away. A new roof was installed in 2021/2022, with gutters updated in 2025. The HVAC system was replaced in 2018, and new windows were installed in 2020/2024/2025. The bathrooms and kitchen cabinets were updated in 2023, and the interior and exterior were freshly painted in 2025. The lot size is 0.22 acres.
    Property Profile Insight Report 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
    -78.622169
    Latitude
    35.792611

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    FAQs

    What type of property is this?
    Single family property - 8-room, fully furnished rooming house in desirable Raleigh neighborhood.
    Where is this single family property located?
    The property is located at 700 Glascock St Raleigh, NC.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: - High Income Potential: Fully rented with a total monthly income of $5,225 and a proven track record.; - Prime Location: Situated in a highly desirable Raleigh neighborhood amongst million-dollar properties.; - Turnkey Investment: Fully furnished rooms, including refrigerators, ready for immediate rental.
    (919) 274-9111
    Request Owner's contact information
    700 Glascock St Raleigh, NC 27604
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    Raleigh, NC 27604
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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
    700 Glascock St Raleigh, NC 27604
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