EXCEPTIONAL INVESTMENT GEM! Embrace the allure of urban living with this captivating triplex nestled in the vibrant pulse of Downtown Raleigh! Boasting two distinct 2-bedroom/1-bath sanctuaries on the main floor and an enchanting 1-bedroom/1-bath hideaway in the basement, this property beckons with promise. Immerse yourself in the dynamic energy of Glenwood South, where a plethora of culinary delights, retail treasures, and entertainment extravaganzas await just steps from your doorstep! Unveil the boundless possibilities of this property and seize the opportunity of a lifetime today!
Sold for $750,000
$750,000
618 W Lane St, Raleigh, NC 27603
5beds
2,061sqft
Triplex, Multi Family
Built in 1939
-- sqft lot
$863,400 Zestimate®
$364/sqft
$2,239 Estimated rent
Home value
$863,400
$777,000 - $967,000
$2,239/mo
Zestimate® history
Owner options
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$4,438/mo
Est. payment
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$4,438/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Matt Bergevin 919-426-1561,
Real Broker, LLC
Bought with:
Matt Zaytoun, 271893
Walk to State, LLC
Source: Doorify MLS,MLS#: 10010930
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other
Cooling
- Central Air
Appliances
- Laundry: Multiple Locations
Features
- Flooring: Hardwood, Vinyl
- Basement: Apartment, Dirt Floor, Exterior Entry, Storage Space
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,061
- Total interior livable area: 2,061 sqft
- Finished area above ground: 1,741
- Finished area below ground: 320
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Gravel, Off Street, On Street
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 1704402612
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Triplex, Multi Family
Materials
- Unknown
- Foundation: Combination
- Roof: Shingle
Condition
- New construction: No
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not in a Subdivision
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $364/sqft
- Tax assessed value: $785,327
- Annual tax amount: $5,278
- Date on market: 2/9/2024
- Lease term: Other
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2024 | Sold | $750,000-11.5%$364/sqft |
Source:  Doorify MLS #10010930 Report a problem | ||
| 10/30/2024 | Pending sale | $847,000$411/sqft |
Source: Doorify MLS #10010930 Report a problem | ||
| 5/6/2024 | Price change | $847,000-12.3%$411/sqft |
Source: Doorify MLS #10010930 Report a problem | ||
| 2/9/2024 | Listed for sale | $966,000+192.7%$469/sqft |
Source: Doorify MLS #10010930 Report a problem | ||
| 6/21/2005 | Sold | $330,000+65%$160/sqft |
Source: Public Record Report a problem | ||
| 2/2/1999 | Sold | $200,000$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,443 -13.3% | $785,327 -14.1% |
| 2024 | $8,582 +62.6% | $914,278 +89.5% |
| 2023 | $5,279 +7.6% | $482,455 |
| 2022 | $4,905 +4% | $482,455 |
| 2021 | $4,714 +1.9% | $482,455 |
| 2020 | $4,628 -1.8% | $482,455 +19.2% |
| 2019 | $4,711 | $404,768 |
| 2018 | $4,711 +11.3% | $404,768 |
| 2017 | $4,231 +2.1% | $404,768 |
| 2016 | $4,144 -9% | $404,768 -7.6% |
| 2015 | $4,555 +5.4% | $437,989 |
| 2014 | $4,320 | $437,989 |
| 2013 | -- | $437,989 |
| 2012 | -- | $437,989 |
| 2011 | -- | $437,989 |
| 2010 | -- | $437,989 |
| 2009 | -- | $437,989 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: Hillsborough
Nearby homes
- $--2 bd1 ba1.1k sqft618 W Lane St #A, Raleigh, NC 27603Off Market
- $--2 bd1 ba860 sqft618 W Lane St #B, Raleigh, NC 27603Off Market
- $---- bd1 ba375 sqft618 W Lane St #C, Raleigh, NC 27603Off Market
- $1,433,500-- bd5 ba3.7k sqft620 W Lane St, Raleigh, NC 27603Off Market
- $---- bd-- ba-- sqft620 W Lane St SUITE 101, Raleigh, NC 27603Off Market
- $--1 bd1 ba835 sqft617 W North St APT B, Raleigh, NC 27603Off Market
- $1,094,7189,583 Square Feet612 W Lane St, Raleigh, NC 27603Off Market
- $---- bd-- ba-- sqft220 N Boylan Ave, Raleigh, NC 27603Off Market
Nearby schools
GreatSchools rating
- 6/10Wiley ElementaryGrades: PK-5Distance: 0.2 mi
- 7/10Oberlin Middle SchoolGrades: 6-8Distance: 2.1 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Wake - Wiley
- Middle: Wake - Oberlin
- High: Wake - Broughton
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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Estimated market value
$863,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$863,400
- North Carolina
- Wake County
- Raleigh
- 27603
- Hillsborough
- 618 W Lane St
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