513 Cleveland St, Raleigh, NC 27605

$650,000
4
BA
2,110
SqFt

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Seller Representative The Alston Real Estate Group

List Price
$650,000
Status
ACTIVE
Days on Market
23
MLS#
10177968
Subtype
Residential Income
Year Built
1920
Bathrooms
4
Full Baths
4
Living Area
2,110
Lot Size
3,920
Acres
0.09
Subdivision
Glenwood

Property Description

Excellent investment and redevelopment opportunity in the heart of Raleigh! This 1920s Craftsman features four individual units. Nestled on a quiet street in the highly desirable Glenwood-Brooklyn Historic District, this property combines neighborhood charm with unbeatable convenience. Enjoy being just minutes from grocery stores, acclaimed restaurants, Fletcher Park, and close proximity to downtown Raleigh. Currently configured as a stripped-down quadplex, the footprint provides the perfect shell for a high-end single-family conversion. Alternatively, rehab the existing four 1-bed/1-bath units to capture premium rental rates in a Class-A location.

Additional Information

Taxes
$5,417
Zoning
R-10
Flooring
Hardwood, Parquet
Heating
Other, Other
Air Conditioning
Window/Wall
Stories
2
Levels
Two
Roof
Other
Foundation
Crawl Space
Parking Features
Additional Parking, Off Street

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

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 .