2467 Milburnie Rd, Raleigh, NC 27610

$365,000
3
BD
2
BA
1,088
SqFt

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Seller Representative Compass -- Cary

List Price
$365,000
Status
ACTIVE
Days on Market
74
Price Change
▼ $15,000 1784996460
MLS#
10168560
Subtype
Residential
Style
Ranch
Year Built
1962
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,088
Lot Size
14,810
Acres
0.34
Subdivision
Lockwood

Property Description

Just minutes from Downtown Raleigh, this brick ranch home in Raleigh's growing Lockwood neighborhood presents an exciting opportunity for investors, builders, or buyers looking for their next project. Situated on a spacious .34-acre corner lot, the 1962 single-family home offers approximately 1,000 square feet with 3 bedrooms and 1.5 baths -- making it an ideal tear-down, renovation, rental property, or fixer-upper opportunity in a location where land and proximity to downtown continue to grow in value. The oversized corner lot is truly the standout feature, offering exceptional potential in an area surrounded by ongoing growth and redevelopment. Conveniently located near WakeMed Hospital, Raleigh Country Club, Alamo Drafthouse Cinema Raleigh, I-440, and all the dining, entertainment, and energy of Downtown Raleigh, this property is perfectly positioned for someone ready to reimagine its next chapter.

Additional Information

Taxes
$3,181
Property Description
Ranch
Zoning
R-6
Flooring
Hardwood, Tile
Heating
Central
Air Conditioning
Central Air
Stories
1
Levels
One
Roof
Shingle
Foundation
Pillar/Post/Pier, Crawl Space
Elementary School
Wake - Douglas Elementary
Middle School
Wake - Martin Middle
High School
Wake - William G Enloe High

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .