400 Chamberlain St

Raleigh, NC 27607

$1,250,000
Price
—
Beds
—
Baths
4,434 Sq. Ft.
$282 / Sq. Ft.
4,434
Sq. Ft.
$282
per Sq. Ft.
a view of a glass door with window
a view of a kitchen with a wooden floor and a window
a picture of street view
a picture of a bathroom with a window and a white door
view of a black and white photo
a black and white photo of a air
a window with a white comforter and a wooden floor
an aerial view of house with yard
an aerial view of a house with a yard
an aerial view of residential houses with outdoor space and trees
an aerial view of residential houses with outdoor space and parking
an aerial view of multiple house
an aerial view of multiple house
an aerial view of multiple house
an aerial view of multiple house
an aerial view of multiple house
a view of a city
an aerial view of a house with a garden
a front view of a house with a garden
a view of a yard with plants
a view of a city

Description

Prime Downtown Raleigh Redevelopment Opportunity! Potential for 5 or 6 TH Lots, Or 3 to 4 SF Lots! Only 1 Block from the Village District - One of Raleigh's Hottest Areas! Current rents for four units is $6,500 a month! - So collect rent while waiting on permits! Current Survey and Preliminary foot print designs in documents. This is a great opportunity to have an income producing asset for Townhomes or Single Family sites. This listing is for 400 Chamberlain St. and 2308 Stafford Ave. combined to...Prime Downtown Raleigh Redevelopment Opportunity! Potential for 5 or 6 TH Lots, Or 3 to 4 SF Lots! Only 1 Block from the Village District - One of Raleigh's Hottest Areas! Current rents for four units is $6,500 a month! - So collect rent while waiting on permits! Current Survey and Preliminary foot print designs in documents. This is a great opportunity to have an income producing asset for Townhomes or Single Family sites. This listing is for 400 Chamberlain St. and 2308 Stafford Ave. combined to .28 acres.
  1. Listed by Bill Cobey • Society Real Estate, LLC

Amenities

  • Air Conditioning
  • Carpet Floors
  • Central Heating
  • Common Laundry
  • Vinyl Floors
LISTING UPDATED: 11/21/2025 07:15 PM

Property Details for 400 Chamberlain Street

StatusActive
MLS #10129596
Days on Market64
Taxes$9,749 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1940
Lot Size0.28 AC / 12,196 SF
CountyWake County

Location

Listing Courtesy of Society Real Estate, LLC
Add your commute

Building Information for 400 Chamberlain Street

Stories1Residences-Year Built1940Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

$6,989 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,177

Property Taxes

$812

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 400 Chamberlain Street

Summary
Location and General Information
  • Zoning: RX-3 on both
  • Directions: Oberlin to Clark to right on Chamberlain - Corner of Chamberlain and Stafford
  • Latitude: 35.790598
  • Longitude: -78.665026
  • Road Surface Type: Paved
Taxes and HOA Information
  • Tax Annual Amount: $9,749.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 0
Contract Information
  • Lease Expiration Date: 2026-04-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: Less Than 1 Year
Property
Lot Information
  • Building Area Total: 4434.0
  • Lot Features: See Remarks
  • Lot Size Dimensions: 83 x 150 x 84 x 150
  • Parcel Number: Pin # 0794923844 and Pin # 0794924804
  • List PriceAcre: 4464285.71
Property and Assessments
  • New Construction: No
  • Photos Count: 23
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water_Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick
Interior Features
  • Stories: 1
  • Flooring: Carpet, Vinyl, Wood
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Central
  • Heating?: Yes
  • Laundry Features: Common Area
  • Interior: Brick, Common Area
  • Equipment: Common Area
Agent
Sale and Listing
  • Property Type: Commercial Sale
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Other
  • TenantPays: Water

Property History for 400 Chamberlain Street

DateEvent & SourcePriceAppreciation
Nov 21, 2025

Price Change

TRIANGLEMLS #10129596

$1,250,000—
Oct 23, 2025

Listed (Active)

TRIANGLEMLS #10129596

$1,350,000—
Oct 22, 2025

Sold (Public Record)

Public Record #1917650357

$937,500

+4.1% / yr

Jul 1, 2016

Sold

TRIANGLEMLS #2025965

—
Mar 4, 2016

Pending

TRIANGLEMLS #2025965

—
Mar 1, 2016

Sold

TRIANGLEMLS #2025965

$700,000—
Mar 1, 2016

Sold

TRIANGLEMLS #2025965

$700,000—
Mar 1, 2016

Sold

AMLS #2025965

$700,000—
Aug 20, 2015

Listed (Active)

TRIANGLEMLS #2025965

$749,900—
Aug 20, 2015

Listed (Active)

AMLS #2025965

$749,900—
Aug 20, 2015

Listed (Active)

TRIANGLEMLS #2025965

$749,900—
Sep 2, 2005

Sold (Public Record)

Public Record #165355975

$415,000—
Jan 28, 2005

Expired

TRIANGLEMLS #701615

—
Jul 28, 2003

Listed (Active)

TRIANGLEMLS #701615

$440,000—
DateEvent & SourcePrice
11/21/2025

Price Change

TRIANGLEMLS #10129596

$1,250,000
10/23/2025

Listed (Active)

TRIANGLEMLS #10129596

$1,350,000
10/22/2025

Sold (Public Record)

Public Record #1917650357

$937,500

+4.1% / yr

07/01/2016

Sold

TRIANGLEMLS #2025965

—
03/04/2016

Pending

TRIANGLEMLS #2025965

—
03/01/2016

Sold

TRIANGLEMLS #2025965

$700,000
03/01/2016

Sold

TRIANGLEMLS #2025965

$700,000
03/01/2016

Sold

AMLS #2025965

$700,000
08/20/2015

Listed (Active)

TRIANGLEMLS #2025965

$749,900
08/20/2015

Listed (Active)

AMLS #2025965

$749,900
08/20/2015

Listed (Active)

TRIANGLEMLS #2025965

$749,900
09/02/2005

Sold (Public Record)

Public Record #165355975

$415,000
01/28/2005

Expired

TRIANGLEMLS #701615

—
07/28/2003

Listed (Active)

TRIANGLEMLS #701615

$440,000

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

Public Records for 400 Chamberlain Street

Taxable ValueLand$450,000Additions$354,167Total$804,167
Tax Record2025$7,133 ($594 / month)
Home Facts
Total Finished SqFt4,434 SqFtAbove Grade Finished SqFt4,434 SqFtStories1Lot Size8,712 SqFtStyleMulti-Family Res (5+ Units)Year Built1940Year Renovated1989ZoningRX-3CountyWAKEAPN0794.16-92-3844 0026662

Schools near 400 Chamberlain Street

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

Martin Middle
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Women'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 400 Chamberlain Street, Raleigh, NC 27607

400 Chamberlain Street is a multi-family home for sale in Raleigh, NC 27607. This property was listed for sale on October 23, 2025 by Society Real Estate, LLC, it's currently listed at $1,250,000. It has been on the market for a total of 64 days and was last sold on October 22, 2025. This listing's school district is Wake County School District. Nearby schools include Olds Elementary, Martin Middle and Needham Broughton High. 400 Chamberlain Street is a 0-bed, 0-bath, 4,434 sqft multi-family home built in 1940.

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 Society Real Estate, LLC

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