#10057516, Gretchen Coley, Parker Davis, Listing office: Compass -- Raleigh
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: 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
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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
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. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
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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.