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509 Cape AvenueRaleigh, NC 27601

  • Multi Family
  • $969,000
  • 2,513 SQFT

Attention investors and builders! Two fully leased duplexes in the heart of Downtown Raleigh facing the grounds of Chavis Park! Four beautifully renovated and permitted units on large corner lot with plenty of parking on and off street with very little traffic. Individually metered for water and electric and long term tenants pay utilities (no gas). Two 1 bed/1bath and two 2 bed/1 bath. Unit 812 is furnished MTR. No HOA! This amazing location offers walkable downtown living while offering views of open park areas with walking trails and expansive green lawns! Easy access to 440/RDU, schools, hospitals and much more. Amazing location for Airbnb! Long term development potential.

Last Checked
1 minute ago
Last Updated
Jun 28, 2026
Days on Website
105

Property Details for 509 Cape Avenue

509 Cape Avenue is a Multi Family commercial space for sale in Raleigh, NC 27601.

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Natalee Choby

Rich Realty Group

919-264-4977

Please contact Natalee Choby at Rich Realty Group direct by phone at 919-264-4977. You may also reach Rich Realty Group by phone at 919-710-0256.

Listing Provider for 509 Cape Avenue

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Agent:
Natalee Choby
Agent Phone Number:
919-264-4977
Office:
Rich Realty Group
Office Phone Number:
919-710-0256
MLS ID:
10157441
Data Source:
Doorify MLS
Last Checked:
1 minute ago
Last Updated:
June 28, 2026 11:57 AM UTC
Days on Site:
105
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