$4,950,000

12 N Tarboro St Raleigh, NC 27610

1.0 acres
Land

Property details

About 12 N Tarboro St

Location, Location, Location! 4 prime lots (12,14,18,20 Tarboro St) on Raleigh East corridor. Half of the whole block. Totally 0.97 Acres in the heart of Downtown Raleigh. Minutes from Raleigh's vibrant urban core, easy access to dining, shopping, entertainment. Diagonally opposite the Edenton St is the Old DMV HQ. City of Raleigh is working on the plan. It will be a community hub. Raleigh Bus Rapid Transit (BRT) has Tarboro stop at the other corner of the Edenton street. Tarboro Community Center is cross the road of Tarboro St. Edenton Court Project site plan already has approved by City of Raleigh which contains 23 townhouses in 3 buildings with 48 parking lots. Each building 3 stories high with flat rooftop terrace. Plans details (site plan and draft building plan) can be provided to serious buyers. With the Zoning changed to RX-4, you have 1 more story to work on the building plan. Zoning is RX-4 with TOD. There is also an opportunity to build 6 stories if you want to do a bigger project. We also have 4 lots (0.46 acres) available cross the Boyer St. Maybe good for a parking building for your 6-story project. Don't miss out on the opportunity to create something special in one of Raleigh's most desirable areas!

Highlights

Home typeUnimproved Land
StatusActive
Lot size0.97 Acres
MLS #10105143

Summary

  • List Price: $4,950,000
  • Annual Tax Amount: $1,758
  • Tax Year: 2024
  • Lot: City Lot, Corner Lot, Level
  • Directions: From Downtown Raleigh take New Bern Ave to North. Turn left on Tarboro Street. Lots are on your right.
  • Lot Size: 0.97 Acres
  • MLS Number: 10105143
  • MLS Name: Doorify MLS
  • Office Name: RED Realty Group, Inc.
  • Office Phone: (919) 386-1708
  • Office Email: majunhong@yahoo.com
  • Listing Agent: Jun Ma

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/29/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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12 N Tarboro St, Raleigh, NC 27610

$4,950,000

12 N Tarboro St

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Price information

Property sales

DateEventPrice
Jun 25, 2013
Home Sold
$65,000

Tax history

YearAssessmentProperty Tax
2024$202,500$1,758
2023$113,850$1,240
2022$113,850$1,152
2021$113,850$1,107
2020$165,600$1,581
2019$26,250$286
2018$26,250$273

History based on county public records data.

Nearby schools

5

Hunter Magnet Elementary School

Public Magnet PK-5

0.5 mi

1018 E Davie St

4

Poe Magnet Elementary School

Public Magnet PK-5

1.1 mi

400 Peyton St

5

Washington Magnet Elementary School

Public Magnet PK-5

1.5 mi

1000 Fayetteville St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,019. Most Raleigh, NC residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

77%
<35k
23%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
20%
Single, with Kids
13%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
46%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • UFCUFC

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Golden CorralGolden Corral
  • Burger KingBurger King

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 12 N Tarboro St

The listing price of 12 N Tarboro St property is $4,950,000.

The property 12 N Tarboro St is land located in Raleigh, North Carolina, 27610.

Active Listing: 12 N Tarboro St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 12 N Tarboro St are: Hunter Magnet Elementary School (GreatSchools Rating 5/10), Poe Magnet Elementary School (GreatSchools Rating 4/10), Washington Magnet Elementary School (GreatSchools Rating 5/10), Ligon Magnet Middle School (GreatSchools Rating 5/10), Moore Square Magnet Middle School (GreatSchools Rating 6/10), The Exploris School (GreatSchools Rating 5/10), Wake Young Men's Leadership Academy (GreatSchools Rating 10/10), Phillips High School (GreatSchools Rating 2/10), Enloe Magnet High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $1,758 (source: MLS/based on county public records data).

The last sale was on June 25, 2013 for $65,000 (source: MLS/tax record).

The property 12 N Tarboro St is 0.97 acres.

This home is located at 12 N Tarboro St in Raleigh, NC and zip code 27601 in the Inside the Beltline neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $4,950,000.

Raleigh, NC housing market in May 2025 saw over 113 listings sold above listed price, more than 122 sold at listed price and over 309 sold below. The number of listings in Raleigh, NC increased by 8% between April and May 2025. The median list price of listings available in May 2025 was $458,464, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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