For sale

Price cut: $50K (2/12)

$786,000

545 E Lenoir St, Raleigh, NC 27601

3beds

1,241sqft

Est.:

Single Family Residence, Residential

Built in 1940

8,712 Square Feet Lot

$769,300 Zestimate^®

$633/sqft

$-- HOA

What's special

Beautiful in-ground poolContemporary furnishingsUpdated finishesScreened-in porchModern open layout

Investor Ready. Very rare downtown find. 2 short term rentals on one lot. Beautiful in-ground pool and curated back yard. Enjoy above average rents during spring and summer months. Separate parking pad for each rental - huge selling point for guests and rare for a downtown home. Located in the heart of downtown. Transfer Co Food Hall is 2 blocks away. Raleigh Convention Center, RedHat amphitheatre, Martin Marietta Center for Performing Arts are .5 miles away. Modern open layout with updated finishes, and contemporary furnishings. The screened-in porch and backyard make your guests feel like they truly are on vacation and away the city. Home was just painted on outside and inside. A combination of urban convenience and private outdoor living.

20 days

1,664

69

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Electric, Forced Air, Heat Pump

Cooling

Central Air

Features

Flooring: Hardwood, Tile
Has fireplace: No

Interior area

Total structure area: 1,241
Total interior livable area: 1,241 sqft
Finished area above ground: 1,241
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Open
Uncovered spaces: 2

Features

Levels: One
Stories: 1
Has private pool: Yes
Pool features: In Ground, Outdoor Pool, Private, Salt Water
Fencing: Back Yard, Wood
Has view: Yes

Lot

Size: 8,712 Square Feet

Details

Parcel number: 1703966489
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence, Residential

Materials

Concrete, Wood Siding
Foundation: Concrete, Brick/Mortar
Roof: Shingle

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Not in a Subdivision

HOA

Has HOA: No

Location

Region: Raleigh

Financial & listing details

Price per square foot: $633/sqft
Tax assessed value: $624,986
Annual tax amount: $5,470
Date on market: 1/23/2026

Estimated market value

$769,300

$731,000 - $808,000

$2,476/mo

Price history

Date	Event	Price
2/12/2026	Price change	$786,000-6%$633/sqft
Source: Doorify MLS #10142911 Report a problem
1/23/2026	Listed for sale	$836,000+10.4%$674/sqft
Source: Doorify MLS #10142911 Report a problem
11/5/2025	Listing removed	$2,900$2/sqft
Source: Zillow Rentals Report a problem
10/15/2025	Listed for rent	$2,900$2/sqft
Source: Zillow Rentals Report a problem
8/1/2025	Sold	$757,000-2.6%$610/sqft
Source: Doorify MLS #10088580 Report a problem