$10,000

closing credit¹

2808 Marion Rd Raleigh, NC 27610

$2,500,000
10 beds
10 full
3,360 sqft
1.2 acres
$744 / sqft
Multi-Family

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

Home typeDuplex
HeatingHeat Pump
StatusActive
CoolingENERGY STAR Qualified Equipment, Heat Pump
Size3,360 sqft
Lot size1.18 Acres
Year builtNew Const., 2024
MLS #10047059

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

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: 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.

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$2,500,000

2808 Marion Rd

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

33%
<35k
58%
35k-100k
6%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
22%
Single, with Kids
17%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • SoccerSoccer
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • Books-a-MillionBooks-a-Million
  • BurlingtonBurlington
  • DillardsDillards

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • WingstopWingstop
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • ToyotaToyota
  • NissanNissan
  • HyundaiHyundai

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • Christian Adult ContemporaryChristian Adult Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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.

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

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