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
Summary
- Full Bathrooms: 4
- Flooring Type: Tile, Wood
- Total Bedroom Count: 8
- Attached Garage: No
- Parking: Driveway
- Heating: Heat Pump
- Cooling: Ceiling Fan(s), Central Air
- List Price: $995,000
- Price/SqFt: $368
- Annual Tax Amount: $5,990
- Tax Year: 2024
- Year Built: 2022
- Living Area: 2,700 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
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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.
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Last updated on: 7/31/2025, 7:40:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| 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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $14,590. Most Raleigh, NC residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
UFC- Pro Boxing
Soccer
Where do the neighbors shop?
Family Dollar
Burlington
Forever 21
Where do the neighbors go to eat?
Burger King
Popeyes
Dominos Pizza
What do the neighbors drive?
Buick
Dodge
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Standards
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 8 bedrooms and 4 bathrooms.
The property 407 Bledsoe Ave is 2,700 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 2,700 square foot home was built in 2022. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $995,000.
Raleigh, NC housing market in June 2025 saw over 121 listings sold above listed price, more than 126 sold at listed price and over 299 sold below. The number of listings in Raleigh, NC increased by 2.3% between May and June 2025. Listings spent 31 days on the market in June 2025, and had a median list price of $458,689 during the same period.