Sold
Last Sold Price
3 beds1,946 sqft$316/sqft
1023 Holmes St, Raleigh, NC 27601
Single FamilyProperty Type
0.25 acresLot Size
1974Year Built
$316/sq ftPrice per sq ft
2 carsParking Spaces

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.
  • Listed by: Erica Jevons Sizemore 919.740.7670 ericajsizemore@gmail.com Brokerage DRE #C11917 • Keller Williams Realty
Listing closed: 12/30/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10133301

Location

Listing Courtesy of Keller Williams Realty

Sold By HomeTowne Realty

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Payment Calculator

$3,574 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,126

Property Taxes

$448

HOA Dues

$0

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Property Information for 1023 Holmes Street

Property Details
  • Taxes: $5,378 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • Subdivision: Not in a Subdivision
Building Information
  • Stories: 1
  • Year Built: 1974
  • Lot Size: 0.25 AC / 10,890 SF
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
  • Has City Limits: Yes
  • Lot Number: 22
  • Has Restrictive Covenants: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Fuller Elementary
  • Middle Or Junior School: Wake - Carnage Middle
  • High School: Wake - Needham Broughton High
Parking
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway, Gravel, Paved, Unpaved
  • Garage: No
Property
Lot Information
  • Building Area Total: 1946.0
  • Lot Features: Back Yard, Front Yard, Landscaped, Hardwood Trees
  • Architectural Style: Transitional
  • Detached Living Area Sq Ft: 368.0
  • Total Other Area Sq Ft: 0.0
  • Other Structures: Guest House
  • Parcel Number: 0047094
  • Structure Type: House, Site Built
  • Enhanced Accessible: No
  • Has Main Level Bedrooms: Yes
  • Has Primary Residence: No
  • Sold PriceList Price: 0.98
Property and Assessments
  • New Construction: No
  • Below Grade Finished Area: 922.0
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, HardiPlank Type
  • Exterior Features: Rain Gutters, Fenced Yard
  • Fencing: Back Yard, Fenced, Partial, Wood
  • Foundation Details: Combination
  • Patio And Porch Features: Patio, Porch
  • Pool Features: None
  • Roof: Shingle
  • New Construction Type: House, Site Built, Brick, HardiPlank Type
Interior Features
  • Levels: Multi/Split
  • Stories: 1
  • Main Level Bedrooms: 1
  • Master Bedroom 1st Floor: Yes
  • Basement Description: Finished
  • Fireplace Features: Den, Wood Burning, Fireplace Screen
  • Has Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Hardwood, Tile
  • Cooling: Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Electric, Forced Air
  • Has Heating: Yes
  • Appliances: Disposal, Dishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Stainless Steel Appliance(s), Water Heater
  • Laundry Features: Laundry Closet, Electric Dryer Hookup, Inside, Main Level, Upper Level, Washer Hookup
  • Interior Features: Ceiling Fan(s), Double Vanity, Entrance Foyer, Kitchen Island, Open Floorplan, Recessed Lighting, Storage, Walk-In Closet(s), Bathtub/Shower Combination, Walk-In Shower, Quartz Counters, Smooth Ceilings
Room Information
Room Information
  • Rooms Total: 9.0
Room 1
  • Type: Primary Bedroom
  • Level: Upper
  • Length: 20.5
  • Width: 11.5
Room 2
  • Type: Bedroom 2
  • Level: Lower
  • Length: 11.0
  • Width: 11.0
Room 3
  • Type: Bedroom 3
  • Level: Lower
  • Length: 12.0
  • Width: 11.0
Room 4
  • Type: Family Room
  • Level: Upper
  • Length: 11.0
  • Width: 14.0
Room 5
  • Type: Entrance Hall
  • Level: Upper
  • Length: 4.0
  • Width: 6.0
Room 6
  • Type: Dining Room
  • Level: Upper
  • Length: 6.0
  • Width: 12.3
Room 7
  • Type: Kitchen
  • Level: Upper
  • Length: 12.5
  • Width: 15.0
Room 8
  • Type: Den
  • Level: Lower
  • Length: 17.5
  • Width: 13.0
Room 9
  • Type: Kitchen
  • Level: Lower
  • Length: 9.0
  • Width: 8.0
Room 10
  • Type: Dining Room
  • Level: Lower
  • Length: 9.0
  • Width: 7.0
Room 11
  • Type: Bedroom 4
  • Level: Main
  • Description: ADU bedroom
  • Length: 10.0
  • Width: 9.0
Room 12
  • Type: Living Room
  • Level: Main
  • Description: ADU
  • Length: 14.0
  • Width: 10.5
Room 13
  • Type: Kitchen
  • Level: Main
  • Description: ADU
  • Length: 19.0
  • Width: 9.0
Room 14
  • Type: Entrance Hall
  • Level: Main
  • Description: ADU
  • Length: 4.0
  • Width: 4.0

Property History for 1023 Holmes Street

DateEvent & SourcePriceAppreciation
Dec 30, 2025

Sold

Doorify MLS (fka Triangle MLS) #10133301

$615,000—
Dec 22, 2025

Sold (Public Record)

Public Record #1925335683

$615,000

+9.4% / yr

Nov 26, 2025

Pending

Doorify MLS (fka Triangle MLS) #10133301

—
DateEvent & SourcePrice
12/30/2025

Sold

Doorify MLS (fka Triangle MLS) #10133301

$615,000
12/22/2025

Sold (Public Record)

Public Record #1925335683

$615,000

+9.4% / yr

11/26/2025

Pending

Doorify MLS (fka Triangle MLS) #10133301

—

For completeness, we 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
Beds0Baths3Total Finished SqFt2,432 SqFtAbove Grade Finished SqFt2,432 SqFtStories1Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built1974Year Renovated2018ZoningR-10CountyWAKEAPN1713.13-04-4214-000

Schools near 1023 Holmes Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

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