Raleigh Land Investment
For Sale
$575,000
711 Latta Street, Raleigh, NC 27607
LAND - Raleigh, NC
Property SizeContact for details
Lot Size0.20 Acres
Days on Market120
Property Features for 711 Latta Street
General Information
Property type
Land
Property subtype
Other
Zoning
R-6
Vegetation
Partially Wooded, Grassed
Subdivision
Fairground Park
Elementary school
Wake - Olds Elementary
Middle school
Wake - Martin Middle
High school
Wake - Needham Broughton High
Standard status
Active
APN
079416845136000 0063612
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LO82-83 WEST PT
Tax Annual Amount
1221
Legal Description
LO82-83 WEST PT
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Compass -- Raleigh
(919) 726-6548
Listed By:
Gretchen Coley · License #209948
(919) 526-0401
Added: Apr 24
Changed: Aug 11
Last Checked: Aug 21 at 4:06PM
MLS# 10162920
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 lots being sold together, totaling approximately 0.50 acres. Located in the University Park neighborhood, the property is ideally situated within walking distance to The Village District and NC State University. The property presents possibilities for redevelopment or expansion. Potential uses include building two separate homes, keeping the lots independent for future flexibility, or combining them to create one custom residence. The existing home is move-in ready and features recent updates, including new luxury vinyl plank flooring, an updated kitchen, and fresh interior paint, making it suitable as a rental or temporary residence. The property is zoned R-6 and located in Wake County.
Key Highlights
- Prime location in the highly desirable University Park neighborhood, near The Village District and NC State University.
- Two lots totaling approximately 0.50 acres, offering multiple development options.
- Strong investment potential with endless possibilities for redevelopment or expansion.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,528
Businesses Nearby
Explore this area
Business Placement
Demographics for 27607, NC
27,182
Population
10,698
Households
2.5
Avg Household Size
27
Median Age
71%
College-Educated
96%
High-School Grad
17.4 sq mi
ZIP Area
1,562
Density / Sq Mi
$95,216
Median Household Income
$49,365
Median Earnings
$1,529
Median Rent
$639,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Two lots near NC State, ideal for redevelopment or expansion.
Where is this land located?
The property is located at 711 Latta Street Raleigh, NC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Prime location in the highly desirable University Park neighborhood, near The Village District and NC State University.; Two lots totaling approximately 0.50 acres, offering multiple development options.; Strong investment potential with endless possibilities for redevelopment or expansion.
