Unlock the potential of this stunning 4-bedroom, 3.5-bathroom income-producing property, perfectly positioned in the heart of vibrant Downtown Raleigh! With previous special use permit, this versatile gem is ideal for assisted living, a group home, or continued success as a profitable Airbnb. Why This Property Stands Out: Spacious & Modern Design: Enjoy an open floor plan, perfect for entertaining, with a seamless flow between the living, dining, and kitchen areas. Prime Location: Steps away from Downtown Raleigh's best dining, entertainment, and cultural hotspots, plus convenient access to the bus line for effortless transit. Outdoor Appeal: A fenced-in backyard area for a cozy fire pit, offering a private oasis for residents or guests. Turnkey Investment: generating income with endless potential for customization to maximize returns. Property Highlights: 4 spacious bedrooms for flexible use 3 full bathrooms + 1 half bath for convenience Fenced backyard with area for a fire pit for relaxation or guest enjoyment Unbeatable location near all that Downtown Raleigh has to offer Don't miss this rare opportunity to own a property with incredible income potential and a location that's in high demand! Schedule a showing today to explore this one-of-a-kind investment. Please note: Water is currently turned off but will be activated for inspections.
For sale
Price cut: $47K (7/18)
$398,000
816 Peyton St, Raleigh, NC 27610
4beds
1,949sqft
Est.:
Single Family Residence, Residential
Built in 1960
10,454.4 Square Feet Lot
$-- Zestimate®
$204/sqft
$-- HOA
What's special
Open floor planFenced-in backyard areaCozy fire pit
- 193 days
- on Zillow |
- 1,173 |
- 74 |
Zillow last checked: 7 hours ago
Listing updated: July 20, 2025 at 03:34am
Listed by:
Carrie Guerreiro 919-539-3894,
HEARTHSTRING REALTY INC.
Source: Doorify MLS,MLS#: 10074342

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range
Features
- Open Floorplan
- Flooring: Carpet, Vinyl, Tile
- Basement: Crawl Space
Interior area
- Total structure area: 1,949
- Total interior livable area: 1,949 sqft
- Finished area above ground: 1,949
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Open
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Fencing: Back Yard, Full
- Has view: Yes
Lot
- Size: 10,454.4 Square Feet
- Features: Back Yard
Details
- Additional structures: Shed(s)
- Parcel number: 1713.15731656.000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Block, Brick, Vinyl Siding
- Foundation: Block, Combination, Raised
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Stratford Park
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $204/sqft
- Tax assessed value: $361,593
- Annual tax amount: $3,159
- Date on market: 2/3/2025
- Loading
- Loading