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    300 Horne St Raleigh, NC 27607

    For Sale
    Contact for pricing

    Four-unit multifamily property near NC State and Downtown Raleigh.

    Property size:
    3,398 SF

    Property Features for 300 Horne St

    General Information

    Zoning
    RX-3 [Property is within a Neighborhood Conservation Overlay District (-NCOD)]
    Size
    3,398 SF

    Building Details

    Year built
    1939

    Source: Ryan Gaylord, CCIM, SIOR Agent Ryan Gaylord, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Multifamily Building in Raleigh

    Located within the West Raleigh Historic District, this multifamily building contains four apartments that generate rental income. The property is situated on a corner lot offering visibility. Its location provides access to walkable amenities and is near NC State University, Downtown Raleigh, and Cameron Village. The property has redevelopment potential and may suit a variety of uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -78.6663372
    Latitude
    35.789796

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property near NC State and Downtown Raleigh.
    Where is this quadplex located?
    The property is located at 300 Horne St Raleigh, NC.
    What are key features of this property?
    This property features: - Consistent rental income from 4 apartments in a historical multi-family building.; - Prime location within West Raleigh Historic District, walkable and bikeable to amenities.; - Close proximity to NC State University, Downtown Raleigh, and Cameron Village.
    (919) 491-8722
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    300 Horne St Raleigh, NC 27607
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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
    300 Horne St Raleigh, NC 27607
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