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    Corner Lot 8-Room Income Property Title is generated by Realmo AI

    700 Glascock Street, Raleigh, NC 27604

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    Claim this Listing
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    For Sale
    $625,000

    MULTI_FAMILY - Raleigh, NC

    Type:Single Family Residence
    Property size:
    1,777 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $351/SF
    Added:
    Jun 16, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 16 at 3:06 pm

    Property Features for 700 Glascock Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    R-10
    Bedrooms
    8
    Bathrooms
    2
    Rooms
    Basement, Bedroom 3, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 6, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2
    Basement
    Unfinished, Crawl Space
    Appliances
    Electric Range, Refrigerator, Washer/Dryer
    Standard status
    Active
    APN
    171413230654000 0042639
    Size
    1,777 SF
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lo24 Capitol Hgts Sub Bm1945-00113
    Tax Annual Amount
    4259

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    8
    Flooring type
    Wood, Tile, Vinyl
    Roof type
    Shingle

    We can help!

    Listing Contact
    Lizzie Bender

    Listing agent Lizzie Bender

    Listing office Compass -- Cary 201 Fenton Gateway Dr. Ste 200, Raleigh, NC

    Listing date Jun 16, 2026

    MLS# 10174326 Listing URL

    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.

    HighLights

    • Income‑producing 8‑room property at 700 Glascock Street generating approx. $62,700 annual gross income ($5,225/month)
    • Approximately 0.22‑acre corner lot with zoning R‑10 and approx. 10 off‑street parking spaces
    • Major updates: new roof (2023), windows (2024–2025), gutters (2025), fresh interior/exterior paint (2025)
    • HVAC and mechanicals include heat pump system; HVAC installed (2019), furnaces replaced (2018 and 2019), hot water heater (2019)
    • Utilities: public water and public sewer service
    • Appliances included: electric range, refrigerator, and washer/dryer

    Overview

    This 8-room multifamily property is designed for income use and currently operates with approximately $62,700 in annual gross income (about $5,225 per month) under month-to-month occupancy agreements. The home has been well maintained, with major updates including a new roof in 2023; HVAC systems installed in 2019; furnaces replaced in 2018 and 2019; a hot water heater installed in 2019; updated bathrooms and kitchen cabinetry in 2023; new windows installed in 2024 and 2025; new gutters in 2025; and fresh interior and exterior paint completed in 2025. Public water and sewer service support day-to-day operations, and the property includes approximately 10 off-street parking spaces.

    Set on a highly visible corner lot of approximately 0.22 acres, the property is zoned R-10. It is located at 700 Glascock Street in Raleigh and is described as being within an active redevelopment corridor. Residents are reported to be close to Oakwood Park, Big Cat Coffee, Gateway Plaza, area schools, greenway trails, public transit, and a nearby dog park.

    For buyers seeking a residential income asset, this property offers a maintained 8-room configuration with documented capital improvements, along with practical support for tenants through public utilities and off-street parking. Its R-10 zoning and corner-lot positioning may also appeal to buyers considering future redevelopment or longer-term repositioning strategies.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.622171
    Latitude
    35.792618

    FAQs

    What type of property is this?
    Apartment building - 8-room income-producing multifamily with recent capital updates, public utilities, and off-street parking on a corner lot.
    Where is this apartment building located?
    The property is located at 700 Glascock Street Raleigh, NC.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Income‑producing 8‑room property at 700 Glascock Street generating approx. $62,700 annual gross income ($5,225/month); Approximately 0.22‑acre corner lot with zoning R‑10 and approx. 10 off‑street parking spaces; Major updates: new roof (2023), windows (2024–2025), gutters (2025), fresh interior/exterior paint (2025)
    More about this property
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