Just steps from City Market and the energy of downtown Raleigh, this beautifully updated two-primary-suite residence offers an exceptional urban lifestyle with thoughtful upgrades throughout—and a peaceful retreat from the city outside. The main level features site-finished hardwoods, a formal dining room, family room with a wood-burning fireplace, powder room, laundry, pantry, utility closet, and an extensively remodeled kitchen featuring Fantasy Brown quartz countertops, new white cabinetry, soft-close drawers, white backsplash, dual-basin sink, smooth top range, and stainless steel appliances, including a Whirlpool refrigerator that conveys, a dishwasher added in 2025, and microwave added in 2026. Upstairs, both spacious primary suites feature custom-built closets and private ensuite baths. One bath has been updated with a tiled walk-in shower with glass surround, granite vanity, and new fixtures, while the second features a tiled tub/shower, granite vanity, and new fixtures. Freshly painted 2026. LVP flooring, added in 2024, extends throughout both bedrooms and the hallway, while tile flooring completes all baths. A stackable washer and dryer convey. Sellers note the condos are exceptionally quiet, with well-insulated windows that help minimize downtown road noise. The gated community offers gated parking with two spaces per unit. Enjoy a truly walkable downtown lifestyle with City Market, Fayetteville Street, the Raleigh Convention Center, parks, restaurants, shopping, and entertainment nearby, along with convenient access to NC State University, Meredith College, St. Augustine's University, Shaw University, and St. Mary's School. With its dual primary suites, custom storage, extensive updates, and rare combination of downtown convenience and peaceful living, this residence stands out as a distinctive Raleigh opportunity.
Moore Square, located between Downtown Raleigh and the Oakwood neighborhood, is a historic and arts-forward Raleigh neighborhood with a central city park and a streetcar-era streetscape. The neighborhood’s character concentrates around the Moore Square park edge at S Blount St and Martin St, where food halls, galleries, and late-night bites spill into the sidewalks. Architectural cues lean early-20th-century brick storefronts, restored civic buildings, and newer mid-rise apartments that keep the blocks active. Transfer Co. Food Hall anchors the east side with local counters and a market feel. Marbles Kids Museum and the Duke Energy Center for the Performing Arts set a cultural cadence a few blocks west. Green space at Moore Square Park and the nearby City of Raleigh Museum add a civic, walkable rhythm.
Provided by Walk Score and Local Logic
Market insights
274 E Davie St #274 · $450,000
DAYS ON MARKET
1 days
The average home goes pending in 56 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
LIST PRICE
$450,000
Median sale price in this area is $352,500. (22% lower than this home)
PRICE DROP
0 price drops
32% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Open floorplan
Breakfast bar
Built-in features
Ceiling fan(s)
Chandelier
Dining L
Dual closets
Pantry
Recessed lighting
High speed internet
Bathtub/shower combination
Separate shower
Walk-in shower
Shower only
Smooth ceilings
Granite and quartz counters
Bedrooms
2 bedrooms
Second primary bedroom
Bathrooms
2 full bathrooms
1 half bathroom
Combination bathtub/shower and separate shower options
Kitchen
Dishwasher
Disposal
Electric range
Free-standing refrigerator
Microwave
Range hood
Self-cleaning oven
Smart and stainless steel appliances
Granite and quartz counters
Pantry
Breakfast bar
Laundry & utility
Washer/dryer (stacked option)
Washer/Dryer included
Laundry in kitchen
Inside laundry in a laundry closet
Electric water heater
Flooring
Hardwood
Luxury vinyl
Tile
Heating & cooling
Central heating and cooling
Electric heating
Heat pump
Fireplace(s) for heat
Ceiling fans
Central air
Exterior features
Covered porch
Covered courtyard and uncovered courtyard
Balcony
Courtyard
Rain gutters
Wrought iron gate/fencing
Home design
Mixed-use, site-built property
Two levels
Entry on the 2nd floor
One common wall (end unit)
Updated/remodeled condition
DX-7 zoning
Parking
Open parking (2 spaces)
Gated and lighted parking lot
Leased parking (see remarks)
Security
Gated community
Street lights
Construction
Brick and stucco construction
Asphalt shingle roof
Brick/mortar and slab foundation
Built as a site-built structure
Utilities
Public water
Public sewer
Electricity connected
Sewer connected
Water connected
HOA & community
Founders Row HOA
Monthly association fee
Association amenities include gated access, grounds and structure maintenance, management, parking, trash and water
Association fee covers maintenance of grounds and structures, road maintenance, sewer, trash and water
Other
Unit number 274
Directions: Morgan Street to Fayetteville Street, south to E. Davie; Founders Row located between S. Blount St and S. Person St. Street or nearby deck parking (observe rules)
Electricity and solar
View estimated energy costs and solar savings for this home
Back on market! Buyer ran into some financing issues. A well-maintained 2-story condo within walking distance of Raleigh's downtown amenities. Artspace and City Market are across the street with many small shops and restaurants. Museums and the Duke Energy Center for the Performing Arts closeby. Kitchen and part of the hallway bathroom were renovated in 2012. Unit has recently been professionally cleaned including carpets on stairs and the second floor. Washer, dryer, fridge convey.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
—
Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
—
Style
Condo/Co-op
County
Wake County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
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Garage
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Features
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Last updated by owner on Apr 2, 2025.
DX-7-UG
Downtown Mixed Use District-7 Stories-Urban General Frontage
DX is intended to provide for intense mixed use development of the City’s downtown area.; The UG Frontage is also intended for areas where parking between the building and street is not allowed. Buildings abut the street and sidewalk but higher street wall continuity is required than the UL Frontage.
Permitted uses
Include but are not limited to:
General retail
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Manufacturing
Office
Shopping centers
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
7/10 Heat Factor
7 days above 106° expected this year, 17 days in 30 years
6/10 Wind Factor
51% 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 • 27601
Average low and high temperatures (°F)
49
31
55
36
70
47
77
56
79
61
90
70
91
74
85
69
81
65
72
53
66
46
54
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
80/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 274 E Davie St #274
$449,110
$890 under list price of $450K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $390K to $450K.