$650,000

513 Cleveland Street, Raleigh, NC 27605

  • 4 baths |
  • 2,110 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $308/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
July 10, 2026
Data Last Updated:
August 5, 2026 at 11:39PM
Listing Office:
The Alston Real Estate Group : 919-672-4905
Listing Agent:
Kharmika T Alston :
MLS ID:
10177968
  • Basement: Walk-Out Access
  • Flooring: HardwoodParquet
  • A/C: Wall/Window Unit(s)
  • Heating: OtherSee Remarks
  • Parking: Additional ParkingOff Street
  • Roofing: See Remarks
  • General: Brick2Crawlspace
  • Originating MLS: Doorify MLS
  • County: Wake
  • Zoning: R-10513 Cleveland Street170414438292000 0060844
  • Water: Public
  • Sewer: Public Sewer
  • Source: Doorify MLS

This listing courtesy of Kharmika T Alston , The Alston Real Estate Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location