A rare, high-yield opportunity across from NC State Campus Life. 1930s Historic Stone Craftsman with brand-new 304 SF ADU along with 1,223 SF main home. Current income $4,800/mo with 4-student lease in place starting July 2026. Prime walkable location less than 2 minutes to campus, steps to CVS & grocery, 1 block to Cuppa Joe, 4 blocks to Target, and 8 blocks to the Bell Tower. Classic charm meets modern functionality with multi-car off street parking, a large covered front porch, formal living room, oversized dining room, home office, sunroom, ceiling fans throughout, a full unfinished basement, on-site laundry and new storage shed plus excellent curb appeal. Minutes to Downtown Raleigh (5 min), Beltline 440/Hillsborough exit (3 min), and Whole Foods & Wade Ave (6 min). Rare turnkey campus-adjacent asset ideal for long-term hold or premium rental strategy.
Single-familyProperty Type
1930Year Built
4,792 sq ftLot Size
$828Est. Price/Sq.Ft.
2 spacesParking
Listed by Johnny Chappell• Compass -- Raleigh
Listed by Ivan Hovis Gobern• Compass -- Raleigh
Bought with Laura Brinkley• Dickerson Brady Realty, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
1990
Sq. Ft.
1,226
Year built
1930
Style
Single Family Residential
County
Wake County
APN
0794.15 62 2600 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-6
SRPOD
Residential-6 District
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.
Zone overlays
Special Residential Parking Overlay District
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service-Other
Recreation-Other
Park & open space
Nov 6, 2024 • Final
Residential electrical service upgrade
Upgrade the electrical service to a 200 amp feed to support the installation of an accessory dwelling unit.
ADU
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Open Parking: Yes
Open Parking Spaces: 2
Parking Features: Concrete, Driveway, No Garage, On Site, On Street, Permit Required
Interior
Bathroom Information
Bathrooms Full: 1
Bedroom Information
Bedrooms Total: 2
Main Level Bedrooms: 2
Interior Features
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Gas Oven, Plumbed For Ice Maker, Refrigerator, Washer