Two Adjacent Development
For Sale
$1,699,000
407 & 411 N Boylan Avenue, Raleigh, NC 27603
LAND - Raleigh, NC
Property Size4,492 SF
Lot Size0.26 Acres
Price / SF$378.23
Days on Market131
Property Features for 407 & 411 N Boylan Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
OX-3
Subdivision
Not in a Subdivision
Lot features
City Lot, Rectangular Lot, Zero Lot Line
View
City
Elementary school
Wake - Wiley Elementary
Middle school
Wake - Oberlin Middle
High school
Wake - Needham Broughton High
Standard status
Active
APN
1704.18-40-0938 & 1704.18-41-0023
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N Boylan Avenue
Tax Annual Amount
17928
Legal Description
N Boylan Avenue
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Additional Structures
Guest House
Listing Agency:
Compass -- Raleigh
(919) 726-6548
Listed By:
Martin Verdi · License #335125
(919) 771-7772
Added: Apr 13
Changed: Jul 17
Last Checked: Aug 21 at 3:06AM
MLS# 10159692
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 offering includes two adjacent parcels at 407 and 411 N. Boylan Avenue, being sold together as one listing. The combined site area is 0.26 acres and includes three existing dwellings across the two lots, totaling approximately 4,492 square feet, offering an opportunity for redevelopment or renovation.
The property is zoned OX-3, described as mixed-use with residential and business use, and is stated to support a range of development options including detached single-family, townhomes, condos/apartments, retail, office, or mixed-use combinations. Current zoning limits building height to 3 stories. The listing also notes that development may be subject to an NCOD overlay with restrictions on roof pitch, setbacks, and related design standards, and that rezoning may be possible for additional density and height.
The remarks state that utilities are available and that all development plans remain subject to final review and approval by surveyors, engineers, and the City of Raleigh.
The property is zoned OX-3, described as mixed-use with residential and business use, and is stated to support a range of development options including detached single-family, townhomes, condos/apartments, retail, office, or mixed-use combinations. Current zoning limits building height to 3 stories. The listing also notes that development may be subject to an NCOD overlay with restrictions on roof pitch, setbacks, and related design standards, and that rezoning may be possible for additional density and height.
The remarks state that utilities are available and that all development plans remain subject to final review and approval by surveyors, engineers, and the City of Raleigh.
Key Highlights
- Prime development/renovation opportunity in the highly desirable Glenwood South neighborhood of Downtown Raleigh.
- Two adjacent parcels totaling 0.26 acres with high visibility and strong foot traffic.
- Zoned OX‑3, supporting a wide range of uses: single‑family, townhomes, condos/apartments, retail, office, or mixed‑use.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 27603, NC
54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
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?
Residential land & home lot - Two adjacent lots in downtown Raleigh offer development flexibility under OX-3 zoning with utilities available.
Where is this residential land & home lot located?
The property is located at 407 & 411 N Boylan Avenue Raleigh, NC.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Prime development/renovation opportunity in the highly desirable Glenwood South neighborhood of Downtown Raleigh.; Two adjacent parcels totaling 0.26 acres with high visibility and strong foot traffic.; Zoned OX‑3, supporting a wide range of uses: single‑family, townhomes, condos/apartments, retail, office, or mixed‑use.
