$10,000
closing credit¹
2808 Marion Rd Raleigh, NC 27610
Property details
About 2808 Marion Rd
An exceptional development opportunity awaits! Three contiguous lots spanning over 1.5 acres are now available for sale, offering both immediate income and long-term growth potential. The offering includes a newly constructed 10-room / 10-bath duplex, set for completion in December 2024, with projected rental income exceeding $8,500 per month. The sale comprises three parcels: 512 Rush St. (Lot 7A), 2806 Marion Road (Lot 7B), and 2808 Marion Road (Land / Lot 8X). Developers can buy and hold, generating immediate rental income, or further capitalize on the potential by adding additional structures. For more details, refer to MLS#: 10047059 (516 Rush St.). Owner financing is available, making this a prime opportunity for investors.
Highlights
Summary
- MLS Number: 10047059
- MLS Name: Triangle MLS
- Office Name: Compass -- Raleigh
- Office Phone: (919) 726-6548
- Office Email: transactions.northcarolina@compass.com
- Listing Agent: Marianne Mansour
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Last updated on: 2/1/2025, 12:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,500,000
2808 Marion Rd
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 07, 2022 | Home Sold | $500,000 |
Oct 13, 2006 | Home Sold | $300,000 |
Oct 03, 2006 | Home Sold | $485,000 |
Apr 21, 2006 | Home Sold | $1,237,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $195,000 | $1,693 |
2023 | $81,045 | $923 |
History based on county public records data.
Nearby schools
4
Pave Southeast Raleigh Charter
Public Charter KG-6
0.8 mi
•3420 Idlewood Village Dr
4
Southeast Raleigh Elementary School
Public District PK-5
1.7 mi
•1436 Rock Quarry Rd
5
Fuller Magnet Elementary School
Public Magnet PK-5
1.9 mi
•2600 Timber Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,133. The most common annual income of people living in Raleigh, NC is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 2808 Marion Rd in Raleigh, NC and zip code 27610 in the Home Acres neighborhood. This 3,360 square foot home, which was built in 2024, sits on a 1.18 acre lot. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $2,500,000.
Raleigh, NC housing market in December 2024 saw over 71 listings sold above listed price, more than 116 sold at listed price and over 264 sold below. The inventory of homes for sale in Raleigh, NC between November and December 2024 decreased by 12.1%. While the average time on the market in December 2024 was 39 days, the median list price was $449,952.