$575,000

727 Martin Luther King Jr Blvd Raleigh, NC 27601

$6,828
Closing credit¹
3 beds
2 full, 1 partial
1,541 sqft
0.06 acres
$373 / sqft
House

Property details

About 727 Martin Luther King Jr Blvd

Opportunity Zone $5,000 in GRANT funds, $15,000 in FUNDS for down payment flexibility AND A LOWER INTEREST RATE. Situated within one of Raleigh's eight designated Opportunity Zones. This federal program offers TAX INCENTIVES for INVESTORS who reinvest capital gains into these zones, promoting economic development and job creation. New Development projects on the horizon includes Downtown South Project, Union West Development, The Weld and Park City South Near Dix Park, and Capital Square Tower. Easy access to highways; a commuter's dream! Just 19 miles from RDU Airport and 2 miles from the Amtrak station.

Highlights

Home typeSingle Family Residence
HeatingNatural Gas, Zoned
StatusActive
CoolingCeiling Fan(s), Central Air, Zoned
Size1,541 sqft
Lot size0.06 Acres
Year built2023
MLS #10072292
Attached garage2 spaces
FireplaceFamily Room, Gas

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Flooring Type: Hardwood, Tile
  • Fireplace: Family Room, Gas
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Architectural Style: Craftsman, Modern
  • Heating: Natural Gas, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • List Price: $575,000
  • Price/SqFt: $373
  • Annual Tax Amount: $4,773
  • Tax Year: 2024
  • Directions: From downtown Raleigh, go east to Blount St. Turn right on Blount St. Turn left on MLK Jr. Blvd. Home is on left just before intersection of MLK Jr. Blvd. & S State St.
  • Year Built: 2023
  • Living Area: 1,541 SqFt
  • Lot Size: 0.06 Acres
  • MLS Number: 10072292
  • MLS Name: Doorify MLS
  • Office Name: Choice Residential Real Estate
  • Office Phone: (919) 720-4991
  • Office Email: brian@choiceresidential.com
  • Listing Agent: Nadine C Hydro

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: 5/16/2025, 9:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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kitchen featuring dark wood-type flooring, gray cabinetry, a fireplace, a center island, and decorative backsplash

$575,000

727 Martin Luther King Jr Blvd

$6,828

closing credit¹

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Price information

Property sales

DateEventPrice
May 25, 2023
Home Sold
$550,000
Jun 18, 2019
Home Sold
$50,000
Nov 06, 2001
Home Sold
$33,000

Tax history

YearAssessmentProperty Tax
2024$547,376$4,773
2023$344,813$2,490
2022$54,000$546
2021$54,000$525
2020$54,000$515
2019$14,400$157
2018$14,400$149

History based on county public records data.

Nearby schools

5

Hunter Magnet Elementary School

Public Magnet PK-5

0.5 mi

1018 E Davie St

4

Southeast Raleigh Elementary School

Public District PK-5

0.7 mi

1436 Rock Quarry Rd

5

Washington Magnet Elementary School

Public Magnet PK-5

1.0 mi

1000 Fayetteville St

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 $12,732. Residents of Raleigh, NC typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

89%
<35k
11%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Masters Degree

What types of families live nearby?

65%
Single, No Kids
24%
Single, with Kids
6%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
39%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • PopeyesPopeyes

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • DodgeDodge

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 727 Martin Luther King Jr Blvd

The listing price of 727 Martin Luther King Jr Blvd property is $575,000.

The property 727 Martin Luther King Jr Blvd is a house located in Raleigh, North Carolina, 27601.

Active Listing: 727 Martin Luther King Jr Blvd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 727 Martin Luther King Jr Blvd are: Hunter Magnet Elementary School (GreatSchools Rating 5/10), Southeast Raleigh Elementary School (GreatSchools Rating 4/10), Washington Magnet Elementary School (GreatSchools Rating 5/10), Ligon Magnet Middle School (GreatSchools Rating 5/10), Carnage Magnet Middle School (GreatSchools Rating 7/10), Moore Square Magnet Middle School (GreatSchools Rating 6/10), Wake Young Men's Leadership Academy (GreatSchools Rating 10/10), Central Wake High School (GreatSchools Rating 2/10), Vernon Malone College and Career Academy (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $4,773 (source: MLS/based on county public records data).

The last sale was on May 25, 2023 for $550,000 (source: MLS/tax record).

The property at 727 Martin Luther King Jr Blvd has 3 bedrooms and 2 full and 1 half bathrooms.

The property 727 Martin Luther King Jr Blvd is 1,541 SqFt (source: MLS/tax record).

The year of construction for 727 Martin Luther King Jr Blvd is 2023.

This home is located at 727 Martin Luther King Jr Blvd in Raleigh, NC and zip code 27601 in the Inside the Beltline neighborhood. This 1,541 square foot home, which was built in 2023, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $575,000.

Over 121 listings were sold over their listed price in April 2025 in Raleigh, NC. In the same period over 268 listings were sold below the listed price and 142 listings were sold for the listed price. The inventory of homes for sale in Raleigh, NC between March and April 2025 increased by 6.4%. The median list price of listings available in April 2025 was $457,154, while the average time on the real estate market was 37 days.

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

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