1023 Holmes St

Raleigh, NC 27601

$625,000
Price
3
Beds
1,946 Sq. Ft.
$321 / Sq. Ft.
1,946
Sq. Ft.
$321
per Sq. Ft.
Active Under Contract
Active Under Contract
a view of a house with a yard
a front view of a house with garden
a view of entryway with a front door
a view of a livingroom with furniture and wooden floor
a living room with furniture and a flat screen tv
a kitchen with kitchen island granite countertop a sink appliances and cabinets
a living room with stainless steel appliances kitchen island granite countertop furniture and a kitchen view
a kitchen with stainless steel appliances granite countertop a sink a stove and a refrigerator
a kitchen with stainless steel appliances granite countertop a refrigerator a sink dishwasher a stove and a dining table with wooden floor
a kitchen with a sink stove and microwave
a view of livingroom with furniture and couch
a kitchen with stainless steel appliances kitchen island granite countertop a sink a stove a refrigerator and island with wooden floor
a bedroom with a bed and a flat screen tv
a bathroom with a granite countertop sink a toilet a mirror and shower
a bed room with bed and tv
a view of a livingroom with furniture and wooden floor
a kitchen with stainless steel appliances kitchen island granite countertop a refrigerator and wooden cabinets
a living room with furniture and a flat screen tv
a view of kitchen with furniture and window
a bedroom with a bed and chair
a bathroom with a sink toilet and shower
a bedroom with a bed and a dresser
a view of outdoor space yard and deck
an outdoor view of garden with patio
a kitchen with stainless steel appliances a table and chairs in it
a kitchen with granite countertop a refrigerator sink and stove
a kitchen with granite countertop a refrigerator stove and microwave
a living room with furniture and a flat screen tv
a bedroom with a bed and a flat screen tv
a bedroom with a bed and a flat screen tv
a bathroom with a sink a toilet and a mirror
a view of back yard of the house
a view of a patio with table and chairs and potted plants
a view of a house with wooden deck
a house view with a sitting space and garden
a view of a house with backyard and a garden
a view of a tree in front of a house with a big yard and large trees
an aerial view of a house with garden space and a street view
an aerial view of residential houses with outdoor space
an aerial view of multiple house
a front view of a house with a yard

Description

''Don't let this one fool you! It hits well outside its weight class!'' Discover a turnkey investment opportunity in one of Downtown Raleigh's most promising growth corridors. Situated on a spacious fenced lot on 1023 Holmes Street, this fully furnished, high-performing Airbnb and ADU offer immediate income and exceptional flexibility for investors, owner-occupants, or those with multigenerational needs. The home blends comfort and function with a thoughtful layout that includes a main-level owner's...''Don't let this one fool you! It hits well outside its weight class!'' Discover a turnkey investment opportunity in one of Downtown Raleigh's most promising growth corridors. Situated on a spacious fenced lot on 1023 Holmes Street, this fully furnished, high-performing Airbnb and ADU offer immediate income and exceptional flexibility for investors, owner-occupants, or those with multigenerational needs. The home blends comfort and function with a thoughtful layout that includes a main-level owner's suite, a finished lower level with a kitchenette/wet bar ideal for guests or long-term stays, hardwood floors, and a private outdoor space that enhances the lifestyle appeal. Plus an EV charger and outdoor storage shed for all your extra needs! Its location places guests and residents just moments from Downtown Raleigh's vibrant dining, culture, and parks—including the rapidly revitalizing Chavis Park, which continues to anchor growth in this area. With strong rental history, an up-and-coming urban setting, and the rare ability to enjoy and monetize the property from day one, this is a standout opportunity for those seeking both lifestyle and long-term value in the Triangle's thriving real estate market.

Property Details for 1023 Holmes Street

View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 11/26/2025 04:24 PM

Property Details for 1023 Holmes Street

StatusActive Under Contract
MLS #10133301
Days on Market11
Taxes$5,378 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1974
Lot Size0.25 AC / 10,890 SF
CountyWake County

Location

Listing Courtesy of Keller Williams Realty
Add your commute

Building Information for 1023 Holmes Street

Stories1Year Built1974Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$3,537 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,088

Property Taxes

$448

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1023 Holmes Street

Summary
Location and General Information
  • Directions: Head East on W Cabarrus St toward S Salisbury St, turn right on S Salisbury St. Use left two lanes to turn slightly left onto Martin Luther King Jr Blvd. Turn Right onto Holmes St.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.76688
  • Longitude: -78.627841
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $5,378.02
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 22
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Fuller
  • Middle Or Junior School: Wake - Carnage
  • High School: Wake - Broughton
Parking
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway, Gravel, Paved, Unpaved
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1946.0
  • Lot Features: Back Yard, Front Yard, Hardwood Trees, Landscaped
  • Architectural Style: Transitional
  • Detached Living Area Sq Ft: 368
  • Total Other Area Sq Ft: 0
  • Other Structures: Guest House
  • Parcel Number: 0047094
  • Structure Type: House, Site Built
  • Enhanced Accessible: No
  • Primary Residence YN: No
Property and Assessments
  • New Construction: No
  • Photos Count: 41
  • Below Grade Finished Area: 922.0
  • Below Grade Finished Area Units: Square Feet
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, HardiPlank Type
  • Exterior Features: Fenced Yard, Rain Gutters
  • Fencing: Back Yard, Fenced, Partial, Wood
  • Foundation Details: Combination
  • Patio And Porch Features: Patio, Porch
  • Pool Features: None
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, HardiPlank Type, House, Site Built
Interior Features
  • Levels: Multi/Split
  • Stories: 1
  • Master Bedroom 1st Floor: 1
  • Basement Description: Finished
  • Fireplace Features: Den, Fireplace Screen, Wood Burning
  • Fireplace Y N: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Hardwood, Tile
  • Cooling: Central Air, Electric
  • Cooling?: Yes
  • Heating: Central, Electric, Forced Air
  • Heating?: Yes
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Water Heater
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Closet, Main Level, Upper Level, Washer Hookup
  • Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Entrance Foyer, Kitchen Island, Open Floorplan, Quartz Counters, Recessed Lighting, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Equipment Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Water Heater
  • Interior: Concrete, Driveway, Gravel, Paved, Unpaved, Brick, HardiPlank Type, Electric Dryer Hookup, Inside, Laundry Closet, Main Level, Upper Level, Washer Hookup
  • Equipment: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Water Heater, Electric Dryer Hookup, Inside, Laundry Closet, Main Level, Upper Level, Washer Hookup, Concrete, Driveway, Gravel, Paved, Unpaved
Room Information
Room Information
  • Rooms Total: 9.0
Room 1
  • Room Dimensions: 20.5 x 11.5
  • Room Width: 11.5
  • Room Length: 20.5
  • Room Level: Upper
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 11 x 11
  • Room Width: 11.0
  • Room Length: 11.0
  • Room Level: Lower
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 12 x 11
  • Room Width: 11.0
  • Room Length: 12.0
  • Room Level: Lower
  • Room Type: Bedroom 3
Room 4
  • Room Dimensions: 11 x 14
  • Room Width: 14.0
  • Room Length: 11.0
  • Room Level: Upper
  • Room Type: Family Room
Room 5
  • Room Dimensions: 4 x 6
  • Room Width: 6.0
  • Room Length: 4.0
  • Room Level: Upper
  • Room Type: Entrance Hall
Room 6
  • Room Dimensions: 6 x 12.3
  • Room Width: 12.3
  • Room Length: 6.0
  • Room Level: Upper
  • Room Type: Dining Room
Room 7
  • Room Dimensions: 12.5 x 15
  • Room Width: 15.0
  • Room Length: 12.5
  • Room Level: Upper
  • Room Type: Kitchen
Room 8
  • Room Dimensions: 17.5 x 13
  • Room Width: 13.0
  • Room Length: 17.5
  • Room Level: Lower
  • Room Type: Den
Room 9
  • Room Dimensions: 9 x 8
  • Room Width: 8.0
  • Room Length: 9.0
  • Room Level: Lower
  • Room Type: Kitchen
Room 10
  • Room Dimensions: 9 x 7
  • Room Width: 7.0
  • Room Length: 9.0
  • Room Level: Lower
  • Room Type: Dining Room
Room 11
  • Room Description: ADU bedroom
  • Room Dimensions: 10 x 9
  • Room Width: 9.0
  • Room Length: 10.0
  • Room Level: Main
  • Room Type: Bedroom 4
Room 12
  • Room Description: ADU
  • Room Dimensions: 14 x 10.5
  • Room Width: 10.5
  • Room Length: 14.0
  • Room Level: Main
  • Room Type: Living Room
Room 13
  • Room Description: ADU
  • Room Dimensions: 19 x 9
  • Room Width: 9.0
  • Room Length: 19.0
  • Room Level: Main
  • Room Type: Kitchen
Room 14
  • Room Description: ADU
  • Room Dimensions: 4 x 4
  • Room Width: 4.0
  • Room Length: 4.0
  • Room Level: Main
  • Room Type: Entrance Hall
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 1023 Holmes Street

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Pending

TRIANGLEMLS #10133301

—
Nov 14, 2025

Listed (Active)

TRIANGLEMLS #10133301

$625,000—
Jan 4, 2019

Sold

TRIANGLEMLS #2211089

$329,000—
Jan 4, 2019

Pending

TRIANGLEMLS #2211089

—
Jan 4, 2019

Sold

TRIANGLEMLS #2211089

$329,000—
Jan 3, 2019

Sold

TRIANGLEMLS #2211089

$329,000—
Jan 3, 2019

Pending

TRIANGLEMLS #2211089

—
Jan 2, 2019

Sold (Public Record)

Public Record #637150838

$329,000

+173.5% / yr

Oct 31, 2018

Pending

TRIANGLEMLS #2211089

—
Aug 23, 2018

Listed (Active)

TRIANGLEMLS #2211089

$389,900—
Aug 23, 2018

Price Change

TRIANGLEMLS #2211089

$389,900—
Aug 23, 2018

Listed (Active)

TRIANGLEMLS #2211089

$349,900—
Jun 7, 2018

Sold (Public Record)

Public Record #623702338

$185,000

+7.6% / yr

May 5, 2009

Sold

AMLS #1621762

$95,000—
May 5, 2009

Sold

TRIANGLEMLS #1621762

$95,000—
May 5, 2009

Sold

TRIANGLEMLS #1621762

$95,000—
May 1, 2009

Sold (Public Record)

Public Record #268767686

$95,000—
Apr 7, 2009

Pending

TRIANGLEMLS #1621762

—
Sep 3, 2008

Listed (Active)

TRIANGLEMLS #1621762

$117,500—
Sep 3, 2008

Listed (Active)

AMLS #1621762

$117,500—
Sep 3, 2008

Listed (Active)

TRIANGLEMLS #1621762

$117,500—
DateEvent & SourcePrice
11/26/2025

Pending

TRIANGLEMLS #10133301

—
11/14/2025

Listed (Active)

TRIANGLEMLS #10133301

$625,000
01/04/2019

Sold

TRIANGLEMLS #2211089

$329,000
01/04/2019

Pending

TRIANGLEMLS #2211089

—
01/04/2019

Sold

TRIANGLEMLS #2211089

$329,000
01/03/2019

Sold

TRIANGLEMLS #2211089

$329,000
01/03/2019

Pending

TRIANGLEMLS #2211089

—
01/02/2019

Sold (Public Record)

Public Record #637150838

$329,000

+173.5% / yr

10/31/2018

Pending

TRIANGLEMLS #2211089

—
08/23/2018

Listed (Active)

TRIANGLEMLS #2211089

$389,900
08/23/2018

Price Change

TRIANGLEMLS #2211089

$389,900
08/23/2018

Listed (Active)

TRIANGLEMLS #2211089

$349,900
06/07/2018

Sold (Public Record)

Public Record #623702338

$185,000

+7.6% / yr

05/05/2009

Sold

AMLS #1621762

$95,000
05/05/2009

Sold

TRIANGLEMLS #1621762

$95,000
05/05/2009

Sold

TRIANGLEMLS #1621762

$95,000
05/01/2009

Sold (Public Record)

Public Record #268767686

$95,000
04/07/2009

Pending

TRIANGLEMLS #1621762

—
09/03/2008

Listed (Active)

TRIANGLEMLS #1621762

$117,500
09/03/2008

Listed (Active)

AMLS #1621762

$117,500
09/03/2008

Listed (Active)

TRIANGLEMLS #1621762

$117,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1023 Holmes Street

Taxable ValueLand$262,500Additions$349,588Total$612,088
Tax Record2025$5,378 ($448 / month)
Home Facts
Beds0Baths2Total Finished SqFt2,072 SqFtAbove Grade Finished SqFt2,072 SqFtStories1Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built1974Year Renovated2018ZoningR-10CountyWAKEAPN1713.13-04-4214 0047094Fireplace TypeHas Fireplace

Schools near 1023 Holmes Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Fuller Elementary
Public - PK to 5
Salem Middle
Public - 6 to 8
Needham Broughton High
Public - 9 to 12
Wake Young Men's Leadership Academy
Public - 6 to 13
Rating
School
Distance
Fuller Elementary
PublicPK to 5

Salem Middle
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Men's Leadership Academy
Public6 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.