Sold
Last Sold Price

1225 Old Wake Forest Rd, Raleigh, NC 27604

Multi FamilyProperty Type
0.34 acresLot Size
1935Year Built
2 carsParking Spaces

Description

Great location convenient to downtown in highly desirable Mordecai. Corner lot. Property was originally single family home, converted to quadplex may years ago. Possible to convert to offices with rezoning. Large paved parking lot in the rear. Built in book shelves. Ceiling fans. additional 1,464 sq ft of unfinished space in the basement. Sellers are related to broker in listing office but not the listing agent.Great location convenient to downtown in highly desirable Mordecai. Corner lot. Property was originally single family home, converted to quadplex may years ago. Possible to convert to offices with rezoning. Large paved parking lot in the rear. Built in book shelves. Ceiling fans. additional 1,464 sq ft of unfinished space in the basement. Sellers are related to broker in listing office but not the listing agent.
  • Listed by: Dirk Ewing • Nine Sages
Listing closed: 05/05/2017 12:00 AM • Source: AMLS, MLS#: 2077193
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Recent comparable sales

Median sold price

$397,000

Raleigh, NC

9 comparable properties found

1

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Square Feet
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3

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4

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Sold 01/30/26

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5

$392,500

Sold 02/05/26

Unavailable
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Unavailable
Bathrooms
Unavailable
Square Feet
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6

$449,000

Sold 02/20/26

Unavailable
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Unavailable
Square Feet
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7

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Unavailable
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Unavailable
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8

$397,000

Sold 04/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.02
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9

$455,000

Sold 05/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.03
Acres

Location

Listing Courtesy of Nine Sages
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$2,568 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,228

Property Taxes

$340

HOA Dues

$0

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Property Information for 1225 Old Wake Forest Road

Property Details

  • Taxes: $4,080 / year
  • MLS Type: Residential Income / Quadruplex
  • County: Wake County
  • Parking Total: 2.0
  • Zoning: R-6
  • Zoning Description: R-6

Building Information

  • Residences: 4
  • Year Built: 1935
  • Lot Size: 0.34 AC / 14,810 SF

Summary

Location and General Information
  • City: Raleigh
  • County Or Parish: Wake
  • Country: US
  • Directions: Property is on Old Wake Forest Rd about halfway between Krispy Kreme (walking distance) and The Circus Restaurant.
  • Postal Code: 27604
  • Latitude: 35.795978
  • Longitude: -78.630783
  • State Or Province: NC
  • Road Frontage Type: Other
Taxes and HOA Information
  • Tax Annual Amount: $4,080.00
  • Tax Assessed Value: 401100
  • Tax Legal Description: LO15-16 Mordecai Place
  • Tax Map Number: LO15-1
School Information
  • Elementary School: Wake - Conn
  • High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin
Parking
  • Carport: No
  • Garage: No

Property

Lot Information
  • Lot Features: CornerLot
  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Dimensions: 100x150
  • Lot Size Units: Acres
  • Lot Size Square Feet: 15000.0
  • Living Area: 0.0
Property and Assessments
  • Year Built: 1935
  • New Construction: No
  • Human Modified: No
Utilities
  • Sewer: PublicSewer
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Construction Materials: BrickVeneer
  • Foundation Details: Block
Interior Features
  • Flooring: Hardwood, Laminate, Vinyl
  • Basement: Yes
  • Bathrooms Total: 0
  • Cooling: Yes
  • Cooling: WindowUnits
  • Heating: Yes
  • Heating: Gas, Radiant, Steam

Multi Family

Multi-Family Information
  • Number Of Units Total: 4
Unit 1
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17258229
  • Unit Type Key: 17258229
  • Unit Type Total Rent: $650
  • Unit Type Type: Item1Bedroom
Unit 2
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17258228
  • Unit Type Key: 17258228
  • Unit Type Total Rent: $625
  • Unit Type Type: Item1Bedroom
Unit 3
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17258227
  • Unit Type Key: 17258227
  • Unit Type Total Rent: $525
  • Unit Type Type: Item1Bedroom
Unit 4
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17258226
  • Unit Type Key: 17258226
  • Unit Type Total Rent: $675
  • Unit Type Type: Item1Bedroom
Unit 5
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17237975
  • Unit Type Key: 17237975
  • Unit Type Type: Item1Bedroom
Unit 6
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17237974
  • Unit Type Key: 17237974
  • Unit Type Type: Item1Bedroom
Unit 7
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17237973
  • Unit Type Key: 17237973
  • Unit Type Type: Item1Bedroom
Unit 8
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17237972
  • Unit Type Key: 17237972
  • Unit Type Type: Item1Bedroom
Unit 9
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17237241
  • Unit Type Key: 17237241
  • Unit Type Type: Item1Bedroom
Unit 10
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17237240
  • Unit Type Key: 17237240
  • Unit Type Type: Item1Bedroom
Unit 11
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17237239
  • Unit Type Key: 17237239
  • Unit Type Type: Item1Bedroom
Unit 12
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17237238
  • Unit Type Key: 17237238
  • Unit Type Type: Item1Bedroom
Unit 13
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17231779
  • Unit Type Key: 17231779
  • Unit Type Type: Item1Bedroom
Unit 14
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17231778
  • Unit Type Key: 17231778
  • Unit Type Type: Item1Bedroom
Unit 15
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17231777
  • Unit Type Key: 17231777
  • Unit Type Type: Item1Bedroom
Unit 16
  • Unit Type Baths Total: 0
  • Unit Type Beds Total: 1
  • Unit Type Key Numeric: 17231776
  • Unit Type Key: 17231776
  • Unit Type Type: Item1Bedroom

Rental

Rental Information
  • Lease Term: 3 To 6 Months
  • Lease Terms Description: 3 to 6 Months
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 1225 Old Wake Forest Road

DateEvent & SourcePriceAppreciation
May 5, 2017

Sold

Doorify MLS (fka Triangle MLS) #2077193

$417,350—
May 5, 2017

Sold

AMLS #2077193

$417,350—
Oct 27, 2016

Pending

Doorify MLS (fka Triangle MLS) #2077193

—
DateEvent & SourcePrice
05/05/2017

Sold

Doorify MLS (fka Triangle MLS) #2077193

$417,350
05/05/2017

Sold

AMLS #2077193

$417,350
10/27/2016

Pending

Doorify MLS (fka Triangle MLS) #2077193

—

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

Schools near 1225 Old Wake Forest Road

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 - 9 to 12
Rating
School
Distance
Conn Elementary
PublicPK to 5

Oberlin Middle School
Public6 to 8

Needham Broughton High
Public9 to 12

Phillips High
Public9 to 12

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1225 Old Wake Forest Road, Raleigh, NC 27604
$417,350
–
–
–
14,810
$285,000
3
1,152
7,405
$840,000
4
3,514
9,583
–
–
1
1,620
9,148
$473,000
3
1,424
7,840
$22,500
–
–
5,103
14,375

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 Nine Sages

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.