12 N Tarboro St

Raleigh, NC 27610

$4,950,000
Price
42,253 / 0.97
Lot Size / Acres
an aerial view of multi story residential apartment building with outdoor area

Description

Location, Location, Location! 4 prime lots (12,14,18,20 Tarboro St) on Raleigh East corridor. Half of the whole block. Totally 0.97 Acres in the heart of Downtown Raleigh. Minutes from Raleigh's vibrant urban core, easy access to dining, shopping, entertainment. Diagonally opposite the Edenton St is the Old DMV HQ. City of Raleigh is working on the plan. It will be a community hub. Raleigh Bus Rapid Transit (BRT) has Tarboro stop at the other corner of the Edenton street. Tarboro Community Center...Location, Location, Location! 4 prime lots (12,14,18,20 Tarboro St) on Raleigh East corridor. Half of the whole block. Totally 0.97 Acres in the heart of Downtown Raleigh. Minutes from Raleigh's vibrant urban core, easy access to dining, shopping, entertainment. Diagonally opposite the Edenton St is the Old DMV HQ. City of Raleigh is working on the plan. It will be a community hub. Raleigh Bus Rapid Transit (BRT) has Tarboro stop at the other corner of the Edenton street. Tarboro Community Center is cross the road of Tarboro St. Edenton Court Project site plan already has approved by City of Raleigh which contains 23 townhouses in 3 buildings with 48 parking lots. Each building 3 stories high with flat rooftop terrace. Plans details (site plan and draft building plan) can be provided to serious buyers. With the Zoning changed to RX-4, you have 1 more story to work on the building plan. Zoning is RX-4 with TOD. There is also an opportunity to build 6 stories if you want to do a bigger project. We also have 4 lots (0.46 acres) available cross the Boyer St. Maybe good for a parking building for your 6-story project. Don't miss out on the opportunity to create something special in one of Raleigh's most desirable areas!
  1. Listed by Jun Ma • RED Realty Group, Inc.

Property Details for 12 North Tarboro Street

View
Yes
Subdivision
Edenton
LISTING UPDATED: 10/28/2025 04:09 AM

Property Details for 12 North Tarboro Street

StatusActive
MLS #10105143
Days on Market197
Taxes$8,210 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.97 AC
CountyWake County

Location

Listing Courtesy of RED Realty Group, Inc.
Add your commute

Building Information for 12 North Tarboro Street

Lot Size0.97 AC

Payment Calculator

$24,810 per month

30 year fixed, 6.15% Interest

Principal and Interest

$24,125

Property Taxes

$684

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12 North Tarboro Street

Summary
Location and General Information
  • Zoning: RX-4 w/TOD
  • Directions: From Downtown Raleigh take New Bern Ave to North. Turn left on Tarboro Street. Lots are on your right.
  • Subdivision Name: Edenton
  • Latitude: 35.780788
  • Longitude: -78.62203
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $8,209.57
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 106
  • Restrictive Covenants YN: No
Contract Information
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Powell
  • Middle Or Junior School: Wake - Ligon
  • High School: Wake - Broughton
Property
Lot Information
  • Lot Features: City Lot, Corner Lot, Level
  • Lot Size Dimensions: 205 x 208 x 217 x 198
  • List PriceAcre: 5103092.78
  • Road Frontage Length: 205
Property and Assessments
  • Photos Count: 1
  • Possible Use: Residential
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Interior and Exterior Features
Exterior Features
  • Pool Private: No
Interior Features
  • Interior: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty

Property History for 12 North Tarboro Street

DateEvent & SourcePriceAppreciation
Jun 23, 2025

Listed (Active)

TRIANGLEMLS #10105143

$4,950,000—
Jun 25, 2013

Sold

AMLS #1875814

$25,000—
Jun 25, 2013

Sold

TRIANGLEMLS #1875814

$25,000—
Feb 25, 2013

Listed (Active)

AMLS #1875814

$75,000—
Feb 25, 2013

Listed (Active)

TRIANGLEMLS #1875814

$75,000—
DateEvent & SourcePrice
06/23/2025

Listed (Active)

TRIANGLEMLS #10105143

$4,950,000
06/25/2013

Sold

AMLS #1875814

$25,000
06/25/2013

Sold

TRIANGLEMLS #1875814

$25,000
02/25/2013

Listed (Active)

AMLS #1875814

$75,000
02/25/2013

Listed (Active)

TRIANGLEMLS #1875814

$75,000

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

Public Records for 12 North Tarboro Street

Taxable ValueLand$202,500Additions-Total$202,500
Tax Record2025$1,766 ($147 / month)
Home Facts
Beds0Lot Size7,841 SqFtStyleMiscellaneous Vacant LandZoningRX-4CountyWAKEAPN1713.05-29-1276 0045394

Schools near 12 North Tarboro Street

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Powell Elementary
Public - PK to 5
Ligon 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
Powell Elementary
PublicPK to 5

Ligon 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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More information about 12 North Tarboro Street, Raleigh, NC 27610

12 North Tarboro Street is a 0.97 ac of land for sale in Raleigh, NC 27610. This property was listed for sale on June 23, 2025 by RED Realty Group, Inc., it's currently listed at $4,950,000. It has been on the market for a total of 197 days and was last sold on June 25, 2013. This listing's school district is Wake County School District. Nearby schools include Powell Elementary, Ligon Middle and Needham Broughton High. 12 North Tarboro Street is a 0-bed, 0-bath, 0.97 ac of land on a 42,253 sq. ft. / 0.97 acres lot.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 RED Realty Group, Inc.

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