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Prime Multi-Family Parcel Available
For Sale
$299,900
Pending

2309 Hill Street, Raleigh, NC 27604

LAND - Raleigh, NC

Property SizeContact for details
Lot Size0.84 Acres
Days on Market109

Property Features for 2309 Hill Street

General Information

Property type Land
Property subtype Other
Zoning RX-3
Subdivision Not in a Subdivision
Elementary school Wake - Durant Road Elementary
Middle school Wake - Durant Road Middle
High school Wake - Millbrook High
Standard status Pending
APN 172517119082000 0206643
Lot size 0.84 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Boundary Survey Carley-Hines Inc Tr2
Tax Annual Amount 504
Legal Description Boundary Survey Carley-Hines Inc Tr2

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: NGR Property Associates
Listed By: Onochie Okafor · License #190662
Added: May 5 Changed: Jul 17 Last Checked: Aug 21 at 5:06PM
MLS# 10164899

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.

Investment Insights

Based on property information with market context.

This 0.84-acre parcel of land, designated for residential use, is available for purchase in Raleigh, North Carolina. It is zoned RX-3. The property is intended for multi-family development. According to the listing, city engineering approval has been applied for and is expected soon, making it suitable for investors and developers.

Key Highlights

  • Prime multi‑family parcel, ideal for investors and developers.
  • City of Raleigh engineering approval imminent.
  • Public water source.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Travel Agency Tattoo & Piercing Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby

Demographics for 27604, NC

46,076
Population
20,828
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
89%
High-School Grad
19.1 sq mi
ZIP Area
2,412
Density / Sq Mi
$72,793
Median Household Income
$44,471
Median Earnings
$1,386
Median Rent
$293,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Investor opportunity: multi-family parcel in Raleigh, NC.
Where is this land located?
The property is located at 2309 Hill Street Raleigh, NC.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Prime multi‑family parcel, ideal for investors and developers.; City of Raleigh engineering approval imminent.; Public water source.
More about this property
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