Mixed-Use Multi-Family Development
407 & 411 N Boylan Raleigh, NC 27603
407 & 411 N Boylan, Raleigh, NC, 27603
$1,800,000
For Sale
$1,800,000
Two adjacent parcels with three existing dwellings, zoned OX-3, supporting mixed-use development up to three stories.
Property Size4,492 SF
Lot Size0.26 Acres
Price / SF$400.71
Days on Market99
Property Features for 407 & 411 N Boylan
General Information
- Standard status
- Active
- Size
- 4,492 SF
- Lot size
- 0.26 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1910
Listing agency
COMPASS -- RALEIGH
(919) 726-6548
Listed by
MARTIN VERDI · License #335125
Source
Corcoran
Added: Apr 14 Updated: Jul 21 at 11:51AM Checked: Jul 21 at 11:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS -- RALEIGH
Investment Insights
Based on property information with market context.
This for-sale development and renovation opportunity consists of two adjacent parcels being sold together, with three existing dwellings in place. The combined site totals approximately 0.26 acres across the two lots and is currently configured as residential income housing, with development potential subject to applicable approvals.
The property is located in Glenwood South in the heart of Downtown Raleigh and is described as having high-visibility placement with walkable access to dining, nightlife, and entertainment. Zoned OX-3 (mixed-use, residential with business use), the site supports a range of mixed-use development scenarios. Under current zoning, the maximum building height is 3 stories. The NCOD overlay applies, including restrictions related to roof pitch, setbacks, and similar design standards. Rezoning is possible and may allow for higher density or additional stories, subject to City of Raleigh approval. Utilities are available, and all development potential will require final review and approval by surveyors, engineers, and the City.
The property is located in Glenwood South in the heart of Downtown Raleigh and is described as having high-visibility placement with walkable access to dining, nightlife, and entertainment. Zoned OX-3 (mixed-use, residential with business use), the site supports a range of mixed-use development scenarios. Under current zoning, the maximum building height is 3 stories. The NCOD overlay applies, including restrictions related to roof pitch, setbacks, and similar design standards. Rezoning is possible and may allow for higher density or additional stories, subject to City of Raleigh approval. Utilities are available, and all development potential will require final review and approval by surveyors, engineers, and the City.
Key Highlights
- Two adjacent parcels at 407 & 411 N. Boylan Ave sold together as one listing, totaling 0.26 acres (0.13 acres each).
- Contains three existing dwellings on the two lots, totaling approx. 4,492 SF.
- Zoned OX‑3, supporting mixed‑use development including residential and business uses (detached SF, townhomes, condos/apartments, retail, office, or mixed‑use).
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Two adjacent parcels with three existing dwellings, zoned OX-3, supporting mixed-use development up to three stories.
Where is this triplex located?
The property is located at 407 & 411 N Boylan Raleigh, NC.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Two adjacent parcels at 407 & 411 N. Boylan Ave sold together as one listing, totaling 0.26 acres (0.13 acres each).; Contains three existing dwellings on the two lots, totaling approx. 4,492 SF.; Zoned OX‑3, supporting mixed‑use development including residential and business uses (detached SF, townhomes, condos/apartments, retail, office, or mixed‑use).
