Great opportunity to own a property in Raleigh with convenient access to major roads, shopping, dining, and nearby amenities. The property offers potential for those looking to renovate, improve, or customize the space to their needs. Situated along Lake Wheeler Road, the location provides easy access to downtown Raleigh and surrounding areas. Property is being sold as-is.
Single-familyProperty Type
1950Year Built
6,970 sq ftLot Size
$341Price/Sq.Ft.
Listed by Andrea A. ochoa Ochoa• Collective Realty LLC
Caraleigh, located between Downtown Raleigh and Lake Wheeler Road, is a historic and industrial Raleigh neighborhood with brick mill backdrops and pocket parks. The neighborhood’s character concentrates around Maywood Avenue near Trophy Brewing & Taproom, where patios, food trucks, and warehouse-era streetscapes set the tone. Trophy Brewing & Taproom, The Pour House Music Hall & Record Shop, and Dorothea Dix Park act as cultural pillars tied to daily routines. Early-1900s bungalows and mill-era buildings share blocks with newer townhomes and studio spaces. Side streets feel residential, while the edges read more working-city, shaped by rail lines and light industry. Greenway links and Dix’s open lawns add breathing room to the urban grid.
Provided by Walk Score and Local Logic
Market insights
1341 Lake Wheeler Rd · $299,910
DAYS ON MARKET
8 days
The average home goes pending in 42 days.
SALE-TO-LIST
98.7%
Most homes are selling 1% below list price.
LIST PRICE
$299,910
Median sale price in this area is $528,000. (76% higher than this home)
PRICE DROP
1 price drop
27% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
Laundry room
Combination flooring
Bedrooms
3 bedrooms (all on the main level)
Bathrooms
2 full bathrooms
Laundry & utility
Laundry room
Flooring
Combination flooring
Heating & cooling
Electric forced-air heating
Central air conditioning
Exterior features
Shingle roof
Public maintained paved road access
Home design
Site-built single-story home
Zoning: R-6
Parking
No dedicated parking listed
Construction
Brick and asbestos construction
Utilities
Public water
Public sewer
HOA & community
No association
Other
Lot about 0.16 acre
Living area reported as 879
One finished level
Electricity and solar
View estimated energy costs and solar savings for this home
R-6 allows single-unit living in a detached house, or tiny house and two-unit living in an attached house or townhouse or tiny house with a minimum lot size of 6,000 sq ft. Multi-unit living is also allowed in a townhouse.; Smaller minimum lot sizes are permitted as part of a compact development.; Additional building types, and smaller lot sizes as part of a conservation development or cottage court are allowed in exchange for preserving common open space.; Dimensional standards, maximum density, allowed building types, and allowed uses may be modified for the R-6 district within the TOD overlay or Frequent Transit Areas identified in the City’s Comprehensive Plan to enable transit oriented development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 17 days in 30 years
6/10 Wind Factor
55% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27603
Average low and high temperatures (°F)
49
28
55
35
70
45
77
54
79
59
90
68
91
72
82
67
81
62
73
51
66
43
54
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Raleigh. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1341 Lake Wheeler Rd
$293,705
$6,205 under list price of $300K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $245K to $420K.