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For sale
  • $425,000

    515 Hoke St, Raleigh, NC 27601

    6beds
    1,728sqft
    : 
    Duplex, Residential, Multi Family
    Built in 1983
    -- sqft lot
    $414,400 Zestimate®
    $246/sqft
    $-- HOA

    What's special

    Priced to sell! 175K price improvement!!!!! Remarkable investment opportunity w/ this duplex located in prime downtown Raleigh! (Also available-513 Hoke street (adjacent) ! While this property requires extensive renovations, it presents an incredible canvas for seasoned investors looking to add value and build on the surrounding growth. Each building sits on .16 acres, features two-- 3 bed 1 bath, ideal for long or short term rental opportunities. With a tax land value alone of $300,000 (DOUBLE your investment if both purchased). Only a 6 min drive to NC State & 4 min to the newly developed Dorthea Dix Park, featuring The 18.5 acre Gipson Play Area w/ multiple playgrounds, sensory maze, splash fountain & more! Encircled by NEW construction, this is an opportunity to secure properties in an ideal location! 10 min to Walnut Creek Amphitheater, 3 min to the Convention Center, restaurants, culture- endless posibilities! Ability to capitalize on a prime investment & make this property your next success story!
    85 days
    |
    620
    |
    21
    |

    Zillow last checked: 8 hours ago

    Listing updated: October 28, 2025 at 01:16am

    Listed by:

    Elisabeth Kane 813-428-2279,

    Allen Tate/ Lake Royale

    Source: Doorify MLS,MLS#: 10115335MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • None
    Appliances
    • Included: None
    Features
    • Flooring: Carpet, Vinyl, None
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,728
    • Total interior livable area: 1,728 sqft
    • Finished area above ground: 1,728
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 12
    • Parking features: Open
    • Uncovered spaces: 6
    Features
    • Levels: Bi-Level
    • Spa features: None
    • Has view: Yes
    Lot
    • Size: 6,969.6 Square Feet
    Details
    • Parcel number: 1703.16930077.000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex, Residential, Multi Family
    • Attached to another structure: Yes
    Materials
    • Unknown
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: South Park
    HOA
    • Has HOA: No
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $246/sqft
    • Annual tax amount: $3,043
    • Date on market: 10/13/2025

    Estimated market value

    $414,400

    $394,000 - $435,000

    $2,507/mo

    Price history

    Price history
    DateEventPrice
    10/13/2025Listed for sale$425,000-29.2%$246/sqft
    Source: Doorify MLS #10115335 Report a problem
    10/3/2025Listing removed$599,900$347/sqft
    Source: Doorify MLS #10115335 Report a problem
    9/26/2025Pending sale$599,900$347/sqft
    Source: Doorify MLS #10115335 Report a problem
    8/12/2025Listed for sale$599,900+306.7%$347/sqft
    Source: Doorify MLS #10115335 Report a problem
    10/24/2008Listing removed$147,500$85/sqft
    Source: Listhub #1617166 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $2,420/mo
    Principal & interest
    $2030
    Property taxes
    $241
    Home insurance
    $149

      Climate risks

      Neighborhood: Central

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Wake County Schools
      • Middle: Wake County Schools
      • High: Wake County Schools

      Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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