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    615 W Peace St, Unit 202 Raleigh, NC 27603

    For Sale
    $499,900

    Modern 2-bedroom condo in Raleigh's walkable Glenwood South.

    Property Features for 615 W Peace St

    General Information

    Interior features
    Interior Feature 1, : "Electric", "Interior Feature 2": "Forced Air", "Interior Feature 3": "Central Air", "Interior Feature 4": "Dishwasher", "Interior Feature 5": "Dryer", "Interior Feature 6": "Electric Water Heater", "Interior Feature 7": "ENERGY STAR Qualified Appliances", "Interior Feature 8": "Gas Range", "Interior Feature 9": "Microwave", "Interior Feature 10": "Plumbed For Ice Maker", "Interior Feature 11": "Range Hood", "Interior Feature 12": "Refrigerator", "Interior Feature 13": "Self Cleaning Oven", "Interior Feature 14": "Washer"
    Exterior features
    exterior_features, : ["Cable Available", "Rubber"]

    Building Details

    Year built
    2024

    Source: Insight Real Estate Agent Insight Real Estate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Glenwood South New Construction Condo

    Located in the heart of Glenwood South, 615 Peace offers new construction condos featuring 2 bedrooms and 2 bathrooms. These units provide 969 square feet of open-concept living space designed for comfort. Design features include quartz countertops, warm wood tones, and sleek finishes that allow for natural light. The building has an industrial-chic exterior that complements Raleigh's historic character. Residents can relax on private balconies or enjoy the rooftop lounge, which includes a grill station and seating with downtown skyline views. The property is situated in a walkable neighborhood with access to coffee shops, restaurants, happy hour spots, and fitness studios. Seller financing credit opportunities are available.
    Insight Report Location Intelligence

    Current Use by Public Records

    beem® Light Sauna ... Health Spa 615 Peace Street ... Condominium Complex

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Law Firm Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6483943
    Latitude
    35.7884302

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    FAQs

    What type of property is this?
    Apartment building - Modern 2-bedroom condo in Raleigh's walkable Glenwood South.
    Where is this apartment building located?
    The property is located at 615 W Peace St, Unit 202 Raleigh, NC.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Prime location in the heart of Glenwood South, Raleigh's most walkable neighborhood, with immediate access to restaurants, coffee shops, happy hour spots, and fitness studios.; - New construction 2-bedroom, 2-bath condo with 969 sq ft of open-concept living.; - Rooftop lounge with grill station and downtown skyline views.
    Request Owner's contact information
    615 W Peace St, Unit 202 Raleigh, NC 27603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    615 W Peace St, Unit 202 Raleigh, NC 27603
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