Raleigh Land with Detached
For Sale
$998,900
4009 Virginia Street, Raleigh, NC 27610
Land, Raleigh, NC
Property SizeContact for details
Lot Size2.33 Acres
Days on Market196
Property Features for 4009 Virginia Street
General Information
Property type
Land
Property subtype
Other
Zoning
R-4
Vegetation
Brush, Cleared
Subdivision
Beacon Lake
Lot features
Level, Driveway
Elementary school
Wake - Partnership Elementary
Middle school
Wake - Moore Square Middle
High school
Wake - Southeast Raleigh High
Standard status
Active
APN
1724643495
Lot size
2.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LO121-129 INC BEACON LAKE SUB
Tax Annual Amount
4803
Legal Description
LO121-129 INC BEACON LAKE SUB
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Real Triangle Properties LLC
(919) 380-7325
Listed By:
Joe Matthews · License #134224
(919) 244-7733
Added: Feb 5
Changed: Aug 19
Last Checked: Aug 20 at 9:06PM
MLS# 10144956
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 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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Explore this area
Business Placement
Demographics for 27610, NC
75,164
Population
29,245
Households
2.6
Avg Household Size
34
Median Age
28%
College-Educated
86%
High-School Grad
45.2 sq mi
ZIP Area
1,663
Density / Sq Mi
$66,245
Median Household Income
$37,582
Median Earnings
$1,319
Median Rent
$260,300
Median Home Value
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 - 2.33 acres with 5 homes near downtown Raleigh.
Where is this land 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.
