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$995,000

407 Bledsoe Ave Raleigh, NC 27601

2 beds
1 full
675 sqft
$1,474 / sqft
Condo

Property details

About 407 Bledsoe Ave

Modern Downtown Raleigh Investment Opportunity - 4-Unit Multifamily Discover upscale urban living in the heart of Downtown Raleigh with this beautifully designed four-unit multifamily property. Each thoughtfully crafted unit offers 675 square feet of modern comfort and sophisticated style. Enjoy hardwood floors in the living and bedroom areas, stylish tile in the kitchens and bathrooms, and contemporary finishes throughout. Each unit features a remodeled kitchen with quartz countertops, a classic subway tile backsplash, and premium stainless steel appliances—perfect for both tenants and future resale value. With three units already rented and one vacant, this is an ideal opportunity for investors. Whether you're looking to grow your portfolio or secure a prime piece of Raleigh real estate, this property delivers.

Highlights

Home typeCondominium
HeatingHeat Pump
StatusActive
CoolingCeiling Fan(s), Central Air
Size675 sqft
Year built2022
ParkingDriveway
MLS #10107904

Summary

  • Full Bathrooms: 1
  • Flooring Type: Tile, Wood
  • Total Bedroom Count: 2
  • Attached Garage: No
  • Parking: Driveway
  • Heating: Heat Pump
  • Cooling: Ceiling Fan(s), Central Air
  • List Price: $995,000
  • Price/SqFt: $1,474
  • Annual Tax Amount: $5,990
  • Tax Year: 2024
  • Year Built: 2022
  • Living Area: 675 SqFt
  • MLS Number: 10107904
  • MLS Name: Doorify MLS
  • Office Name: RTP REALTY ASSOCIATES LLC
  • Office Phone: (518) 852-1443
  • Office Email: rtprealtync@gmail.com
  • Listing Agent: Raghav Nalamada

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: 7/10/2025, 10:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 22, 2023
Home Sold
$818,000
Feb 22, 2023
Home Sold
$780,000
May 11, 2022
Home Sold
$615,000
Jan 03, 2022
Home Sold
$390,000

Tax history

YearAssessmentProperty Tax
2024$680,494$5,990
2023$232,444$2,613
2022$232,444$2,433
2021$232,444$2,341
2020$232,444$2,300
2019$148,208$1,699
2018$148,208$1,621

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

1.1 mi

1436 Rock Quarry Rd

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 $14,590. Most Raleigh, NC residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

84%
<35k
14%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

54%
Single, No Kids
26%
Single, with Kids
9%
Married, No Kids
11%
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
22%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • MazdaMazda

What do the neighbors listen to?

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

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Frequently asked questions

About 407 Bledsoe Ave

The listing price of 407 Bledsoe Ave property is $995,000.

The property 407 Bledsoe Ave is a condo located in Raleigh, North Carolina, 27601.

Active Listing: 407 Bledsoe Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 407 Bledsoe Ave 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), Ligon Magnet Middle School (GreatSchools Rating 5/10), Moore Square Magnet Middle School (GreatSchools Rating 6/10), 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 $5,990 (source: MLS/based on county public records data).

The last sale was on February 22, 2023 for $818,000 (source: MLS/tax record).

The property at 407 Bledsoe Ave has 2 bedrooms and 1 bathroom.

The property 407 Bledsoe Ave is 675 SqFt (source: MLS/tax record).

The year of construction for 407 Bledsoe Ave is 2022.

This home is located at 407 Bledsoe Ave in Raleigh, NC and zip code 27601 in the Inside the Beltline neighborhood. This 675 square foot home was built in 2022. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $995,000.

While more than 121 listings in Raleigh, NC in June 2025 were sold above asking price, there were more than 126 listings sold at asking price, and more than 299 were sold below. Between May and June 2025, Raleigh, NC real estate market has seen increase in the number of listings by 2.3%. The median list price of listings available in June 2025 was $458,689, while the average time on the real estate market was 31 days.

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

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