407-411 N Boylan Ave

11,325 / 0.26
Lot Size / Acres

Description

Incredible development/renovation opportunity at Glenwood South, in the heart of Downtown Raleigh. A rare chance to build in one of the city's most active and desirable neighborhoods, with a high visibility location, strong foot traffic and walkable access to Raleigh's premier dining, nightlife, and entertainment. Two adjacent parcels (407 & 411 N. Boylan Ave) being sold together as one listing, offering a combined 0.26 acres (0.13 acres each) with three existing dwellings on the 2 lots totaling...Incredible development/renovation opportunity at Glenwood South, in the heart of Downtown Raleigh. A rare chance to build in one of the city's most active and desirable neighborhoods, with a high visibility location, strong foot traffic and walkable access to Raleigh's premier dining, nightlife, and entertainment. Two adjacent parcels (407 & 411 N. Boylan Ave) being sold together as one listing, offering a combined 0.26 acres (0.13 acres each) with three existing dwellings on the 2 lots totaling approx. 4,492 sqft. Zoned OX-3 (mixed-use, residential with business use), the site supports a wide range of uses including detached single-family, townhomes, condos/apartments, retail, office, or a combination of mixed-use development (ex. commercial on the ground floor, residential above). Parcels may be developed together or separately. Maximum building height is 3 stories under current zoning. Subject to NCOD overlay, which includes restrictions on roof pitch, setbacks, and similar design standards (see private agent remarks for details). Rezoning is possible and may allow for higher density or additional stories (several surrounding properties have already done so successfully). Utilities are available. All development potential is subject to final review and approval by surveyors, engineers, and the City of Raleigh. First photos of lots cleared + built on, are all virtually rendered!

Listing Agents

  1. Martin Verdi

    Martin Verdi

    Listing Agent

    Compass

    martin.verdi@compass.com

    P: (919)-503-7171

  2. Sam Arkhangelski

    Sam Arkhangelski

    Alternative Listing Agent

    Compass

    sam.ark@compass.com

    P: (919)-980-2788

Property Details for 407-411 North Boylan Avenue

View
City, City Lights, Downtown
View
Yes
Subdivision
Not in a Subdivision
LISTING UPDATED: 04/14/2026 05:12 PM

Property Details for 407-411 North Boylan Avenue

StatusActive
MLS #10159692
Days on Market1
Taxes$17,928 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.26 AC
CountyWake County
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Building Information for 407-411 North Boylan Avenue

Lot Size0.26 AC

Payment Calculator

$10,558 per month

30 year fixed, 6.46% Interest

Principal and Interest

$9,064

Property Taxes

$1,494

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 407-411 North Boylan Avenue

Summary
Location and General Information
  • Zoning: OX-3
  • Directions: Please use GPS for most accurate directions, thank you.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.78544
  • Longitude: -78.649237
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $17,928.00
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 0
  • Restrictive Covenants YN: Yes
Contract Information
  • Comp Sale YN: No
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - Wiley
  • Middle Or Junior School: Wake - Oberlin
  • High School: Wake - Broughton
Property
Lot Information
  • Lot Features: City Lot, Rectangular Lot, Zero Lot Line
  • Lot Size Dimensions: Refer to Wake County GIS
  • Other Structures: Guest House, Residence
  • Parcel Number: 1704.18400938 & 1704.18410023
  • List PriceAcre: 6923076.92
  • Road Frontage Length: 106
Property and Assessments
  • Photos Count: 15
  • Possible Use: Commercial, Development, Investment, Mixed Use, Multi-Family, Office, Residential, Retail, Single Family, Unimproved, Vacant
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Commercial, Investment, Mixed Use, Multi-Family, Office, Residential, Retail, Single Family, Unimproved, Vacant, Other
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Fencing: Other
  • Pool Private: No
Interior Features
  • Interior: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Agent
Sale and Listing
  • Property Type: Land
  • Property Class Name: CrossProperty

Property History for 407-411 North Boylan Avenue

DateEvent & SourcePriceAppreciation
Apr 13, 2026

Listed (Active)

TRIANGLEMLS #10159692

$1,800,000—
DateEvent & SourcePrice
04/13/2026

Listed (Active)

TRIANGLEMLS #10159692

$1,800,000

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

Schools near 407-411 North Boylan Avenue

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
Wiley Elementary
PublicPK to 5

Oberlin Middle School
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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407-411 North Boylan Avenue is a 0.26 ac of land for sale in Raleigh, NC 27603. This property was listed for sale on April 13, 2026 by Compass, it's currently listed at $1,800,000. This listing's school district is Wake County School District. Nearby schools include Wiley Elementary, Oberlin Middle School and Needham Broughton High. 407-411 North Boylan Avenue is a 0-bed, 0-bath, 0.26 ac of land on a 11,325 sq. ft. / 0.26 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.

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