OFF MARKET
Off market dec 2018 for $48M
—
Est. refi paymentEst. refi $325,858/mo
—
bd
•
— ba
•
184,000
sq ft

616 Oberlin Rd, Raleigh, NC 27605

map-entry

About this home

616 Oberlin Rd is a 184,000 square foot multi-family home on a 2.56 acre lot. - it last sold on December 14, 2018 for $48,500,000.
Multi-familyProperty Type
2015Year Built
2.56 acresLot Size
$264Price/Sq.Ft.
Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 27605, NC

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price
96.2%

0.2% MoM

Median sale price
$644K

$39K MoM

Avg. days on market
92d

34 days MoM

Recently sold homes
25

1 MoM

New listings for sale

Provided by Redfin

Sale history for 616 Oberlin Rd

Tax history for 616 Oberlin Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

OX-5-UG-CU

Office Mixed Use District-5 Stories-Urban General-Conditional Use

OX is intended to provide for a variety of office and employment uses while allowing for housing and limited retail and service-related options. Limited retail and service-related options are allowed subject to use standards that restrict the size and scale of each use.; OX is not intended to provide for areas exclusively dominated by office or employment uses but provide for developments that balance employment and housing options with access to convenience retail services and goods.; OX can serve as a land use transition between other mixed use districts and residential neighborhoods.; 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.; Each conditional district (bearing the designated CU on the Official Zoning Map) corresponds to a general use district. All zoning requirements that apply to the general use district are also applicable to the corresponding conditional district unless adopted conditions are more restrictive.
Permitted uses

Include but are not limited to:

  • Housing-Group
  • Housing-Single unit
  • Housing-Multiple units
  • Housing-Senior
  • Housing-Student
  • Bed & breakfast
  • Office
  • Research & development
  • Public service-Other
  • Park & open space

Property details

Around this home

Schools

Olds Elementary

Public PreK-5 • Assigned • 0.7mi

6/10
Oberlin Middle School

Public 6-8 • Assigned • 1.4mi

7/10
Needham Broughton High

Public 9-12 • Assigned • 0.5mi

7/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

56% 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 • 27605
Average low and high temperatures (°F)
49
31
56
37
71
48
78
56
80
61
90
71
91
74
82
69
81
64
72
54
66
47
54
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 27605

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Home values near 616 Oberlin Rd

Data from public records.
AddressRedfin Estimate
3 Beds | 2.5 Baths | 2051 Sq. Ft.
$716,925
- Beds | 1 Baths | 1495 Sq. Ft.
$504,643
AddressRedfin Estimate
3 Beds | 2.5 Baths | 2003 Sq. Ft.
$821,125
- Beds | 3 Baths | 2807 Sq. Ft.
$854,932
AddressRedfin Estimate
- Beds | 1 Baths | 970 Sq. Ft.
$424,668
- Beds | 1 Baths | 1324 Sq. Ft.
$437,778
Property information provided by undefined .

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