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Historic 3-Unit Triplex
For Sale
$1,050,000

415 E Lane Street, Raleigh, NC 27601

1913 residence with a three-bedroom main unit and two additional one-bedroom apartments in Historic Oakwood.

Property SizeContact for details
Days on Market237

Property Features for 415 E Lane Street

General Information

Standard status Active
Property subtype Triplex

Amenities

Central Air
Forced Air
Natural Gas
Porch, Slate

Building Details

Year Built 1913
Buildings 1
Stories 2
Tenancy Multi
Listing Agency:
Listed By: Rebecca Ellis · License #287026a
Source: Kw
Added: Jan 7 Changed: Aug 31 Last Checked: Aug 3 at 9:08AM

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 Rebecca Ellis

Investment Insights

Based on property information with market context.

The Horton Broughton House is a 1913 triplex containing more than 3,300 square feet across three residential units. The main-level apartment includes three bedrooms and one and a half baths, while the upper level has two one-bedroom, one-bath units. Central air, forced air, natural gas, and a slate-covered porch are among the property’s documented features.

Located at 415 E Lane Street in Raleigh’s Historic Oakwood neighborhood, the residence is near Downtown Raleigh, the Person Street District, restaurants, breweries, parks, museums, and cultural landmarks. Its three-unit configuration supports a range of ownership arrangements, including occupying the main residence while using the additional apartments for tenants, guests, or multigenerational living.

Key Highlights

  • Three‑unit triplex totaling more than 3,300 square feet
  • 1913 construction in Raleigh’s Historic Oakwood neighborhood
  • Main‑level unit with 3 bedrooms and 1.5 baths

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Restaurant Fish Market Clothing & Fashion Store Veterinary Clinic

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,424
Businesses Nearby

Demographics for 27601, NC

9,965
Population
4,874
Households
2
Avg Household Size
32
Median Age
49%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
5,536
Density / Sq Mi
$70,433
Median Household Income
$51,443
Median Earnings
$1,499
Median Rent
$572,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - 1913 residence with a three-bedroom main unit and two additional one-bedroom apartments in Historic Oakwood.
Where is this triplex located?
The property is located at 415 E Lane Street Raleigh, NC.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Three‑unit triplex totaling more than 3,300 square feet; 1913 construction in Raleigh’s Historic Oakwood neighborhood; Main‑level unit with 3 bedrooms and 1.5 baths
More about this property
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