#10093612, Ellen Nightingale, Listing Office: Berkshire Hathaway HomeService
316 E S St Raleigh, NC 27601
Property details
About 316 E S St
What a great investment opportunity near downtown Raleigh, one of the fastest growing cities in the Southeast. 310 (MLS# 10064429) and 316 E. South Street are zoned R-10 and intended to accommodate moderate-density residential development, either as single-family attached or detached dwellings on each lot. The large Victorian home is adjacent to a similarly sized parcel that is ready for development. The properties will be sold as a package for a price of $2.5M. The property is within a short distance to Shaw University, Martin Marietta Center for the Performing Arts and downtown Raleigh. Easy access to I-40. The 2 story home, located close to downtown Raleigh, the Martin Marietta Center for the Performing Arts and Shaw University, is a great investment opportunity and ready for renovations. Enjoy time on the rear deck and view of the rock garden. Property being sold 'as is.' Seller will make no repairs.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Electric Range, Refrigerator, Water Heater
- Basement: No
- Flooring Type: Vinyl, Wood
- Interior: Eat-in Kitchen
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Off Street, On Street
- Exterior: Fence, Deck
- Architectural Style: Victorian
- Heating: Central, Natural Gas
- Cooling: Central Air
- List Price: $1,400,000
- Price/SqFt: $606
- Annual Tax Amount: $4,245
- Tax Year: 2024
- Directions: Martin Luther King, Jr. Blvd towards downtown; R onto S. Bloodworth St.; L onto E. South St; property is on the left
- Year Built: 1907
- Living Area: 2,310 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 10061415
- MLS Name: Doorify MLS
- Office Name: Agent Group Realty
- Office Phone: (704) 271-9787
- Office Email: broker@agentgrouprealty.com
- Listing Agent: Tama Bouncer
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Last updated on: 6/3/2025, 12:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,400,000
316 E S St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $486,501 | $4,245 |
2023 | $277,205 | $3,041 |
2022 | $277,205 | $1,526 |
2021 | $277,205 | $2,717 |
2020 | $277,205 | $2,667 |
2019 | $149,029 | $1,648 |
2018 | $149,029 | $1,570 |
History based on county public records data.
Nearby schools
5
Washington Magnet Elementary School
Public Magnet PK-5
0.5 mi
•1000 Fayetteville St
5
Hunter Magnet Elementary School
Public Magnet PK-5
0.7 mi
•1018 E Davie St
4
Southeast Raleigh Elementary School
Public District PK-5
1.3 mi
•1436 Rock Quarry Rd
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 $18,243. The majority of Raleigh, NC residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 316 E S St
The listing price of 316 E S St property is $1,400,000.
The property 316 E S St is a house located in Raleigh, North Carolina, 27601.
Active Listing: 316 E S St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 316 E S St are: Washington Magnet Elementary School (GreatSchools Rating 5/10), Hunter Magnet Elementary School (GreatSchools Rating 5/10), Southeast Raleigh Elementary School (GreatSchools Rating 4/10), Moore Square Magnet Middle School (GreatSchools Rating 6/10), Ligon Magnet Middle School (GreatSchools Rating 5/10), Carnage Magnet Middle School (GreatSchools Rating 7/10), Wake Young Men's Leadership Academy (GreatSchools Rating 10/10), Vernon Malone College and Career Academy (GreatSchools Rating 9/10), Central Wake High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $4,245 (source: MLS/based on county public records data).
The property at 316 E S St has 3 bedrooms and 2 bathrooms.
The property 316 E S St is 2,310 SqFt (source: MLS/tax record).
The year of construction for 316 E S St is 1907.
This home is located at 316 E S St in Raleigh, NC and zip code 27601 in the Inside the Beltline neighborhood. This 2,310 square foot home, which was built in 1907, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 2, 2024 and is currently priced at $1,400,000.
Over 113 listings were sold over their listed price in May 2025 in Raleigh, NC. In the same period over 309 listings were sold below the listed price and 122 listings were sold for the listed price. The number of homes for sale 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.