#10047999, Marianne Mansour, Listing Office: Compass -- Raleigh
$10,000
closing credit¹
3809 Virginia St Raleigh, NC 27610
Property details
About 3809 Virginia St
This unique offering includes two duplexes on a shared lot—3809 Virginia St. and 3807 Thelma St.—with flexible options for buyers. Zoned RX-4 with a Transit Overlay District (TOD), the property presents significant development potential, allowing for the construction of a 6-story residential mixed-use building with minimal parking and frontage requirements. Currently, both duplexes are income-producing, with rooms rented by the week. 3809 Virginia St. features 5 beds/5 baths, while 3807 Thelma St. has 4 beds/4 baths and a garage, with each room generating weekly income. Whether you're looking to capitalize on the immediate rental income or redevelop the property for larger-scale use, this opportunity offers the best of both worlds. Owner financing is available.
Highlights
Summary
- MLS Number: 10048102
- 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: 2/6/2025, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![map location](/homes/listing-images/49653558_S0454/S0454/S0454-R0100/20240821145434988223000000/20240911174720445534000000.jpg?version=1726077463&width=640)
$1,250,000
3809 Virginia St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 28, 2006 | Home Sold | $93,000 |
Jan 03, 2006 | Home Sold | $110,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $265,444 | $2,345 |
2023 | $140,839 | $1,575 |
2022 | $309,647 | $3,175 |
2021 | $309,647 | $3,052 |
2020 | $309,647 | $2,997 |
2019 | $193,588 | $2,155 |
2018 | $193,588 | $2,053 |
History based on county public records data.
Nearby schools
3
Powell Magnet Elementary School
Public Magnet PK-5
1.6 mi
•1130 Marlborough Rd
4
Wilburn Elementary School
Public District PK-5
1.8 mi
•3707 Marsh Creek Rd
5
Rogers Lane Elementary School
Public District PK-5
2.0 mi
•201 N Rogers Ln
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 $36,930. Typical income of Raleigh, NC residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 3809 Virginia St in Raleigh, NC and zip code 27610 in the Beacon Lake neighborhood. This 5,376 square foot home, which was built in 1968, sits on a 0.92 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $1,250,000.
Raleigh, NC housing market in January 2025 saw over 40 listings sold above listed price, more than 65 sold at listed price and over 212 sold below. The inventory of homes for sale in Raleigh, NC between December and January 2025 increased by 3.9%. While the average time on the market in January 2025 was 54 days, the median list price was $450,012.