407 Bledsoe Avenue

Closed 11/10/25New Construction

A5E46D78-19EC-4378-8A81-AA11A44E5D85_4_5

6A998FDF-CB4A-4CFC-9A8C-C495BD79D2C2_4_5

305A1CB4-AC1F-454A-B712-567F5A293EF0_4_5

E951242C-35D8-416F-8CEF-C363D6F4161B_4_5

C94B8594-6DAF-4A14-9B03-DD00EF266134_4_5

C87AC55A-09AE-4B46-97B9-6EBEB9BADF9F_4_5

Sold

Last Sold Price

$875,000

8 beds4 baths2,700 sqft$324/sqft

407 Bledsoe Ave, Raleigh, NC 27601

Multi FamilyProperty Type

2022Year Built

$324/sq ftPrice per sq ft

2 carsParking Spaces

Description

Modern Downtown Raleigh Investment Opportunity - 4-Unit Multifamily
Discover upscale urban living in the heart of Downtown Raleigh with this beautifully designed four-unit multifamily property. Each thoughtfully crafted unit offers 675 square feet of modern comfort and sophisticated style. Enjoy hardwood floors in the living and bedroom areas, stylish tile in the kitchens and bathrooms, and contemporary finishes throughout. Each unit features a remodeled kitchen with quartz countertops, a classic...Modern Downtown Raleigh Investment Opportunity - 4-Unit Multifamily
Discover upscale urban living in the heart of Downtown Raleigh with this beautifully designed four-unit multifamily property. Each thoughtfully crafted unit offers 675 square feet of modern comfort and sophisticated style. Enjoy hardwood floors in the living and bedroom areas, stylish tile in the kitchens and bathrooms, and contemporary finishes throughout. Each unit features a remodeled kitchen with quartz countertops, a classic subway tile backsplash, and premium stainless steel appliances—perfect for both tenants and future resale value. With three units already rented and one vacant, this is an ideal opportunity for investors. Whether you're looking to grow your portfolio or secure a prime piece of Raleigh real estate, this property delivers.

Listed by: Raghav Nalamada 518.852.1443 rtprealtync@gmail.com • RTP REALTY ASSOCIATES LLC

Listing closed: 11/10/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10107904

Recent comparable sales

Median sold price

$750,000

Avg days on market

Sale-to-list ratio

89.2%

1/15

$782,500

Sold 11/27/24

8
Bedrooms: 4
Bathrooms: 2,704
Square Feet: 0.33
Acres

1334 South State Street, Raleigh, NC 27610

1/19

$700,000

Sold 12/06/24

8
Bedrooms: 4
Bathrooms: 2,468
Square Feet: 0.22
Acres

1600 Cross Street, Raleigh, NC 27610

1/30

$610,000

Sold 08/14/26

8
Bedrooms: 4
Bathrooms: 2,792
Square Feet: 0.87
Acres

Undisclosed Address, Raleigh, NC 27603

1/38

$1,000,000

Sold 03/23/26

8
Bedrooms: 4
Bathrooms: 3,905
Square Feet: 0.21
Acres

1612 Boyer Street, Raleigh, NC 27610

1/5

$750,000

Sold 11/12/25

8
Bedrooms: 4
Bathrooms: 4,061
Square Feet: 0.16
Acres

2210 Hope Street, Raleigh, NC 27607

1/47

$979,500

Sold 08/25/25

4
Bedrooms: 4
Bathrooms: 2,367
Square Feet: 0.06
Acres

227 Woodsborough Place, Raleigh, NC 27601

1/12

$500,000

Sold 12/30/25

8
Bedrooms: 4
Bathrooms: 4,698
Square Feet: 0.22
Acres

123 Star Street, Raleigh, NC 27610

1/39

$1,000,000

Sold 12/27/24

5
Bedrooms: 5
Bathrooms: 3,081
Square Feet: 0.12
Acres

315 Polk Street, Raleigh, NC 27604

1/33

$700,000

Sold 03/06/25

4
Bedrooms: 4
Bathrooms: 2,300
Square Feet: 0.03
Acres

604 Rocky Knob Court, Raleigh, NC 27601

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Location

Listing Courtesy of RTP REALTY ASSOCIATES LLC

Sold By Keller Williams Realty

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$4,947 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,448

Property Taxes

$499

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 407 Bledsoe Avenue

Property Details

Taxes: $5,990 / year
MLS Type: Residential Income / Apartment
Lot Size: 0.00 AC / 0 SF
County: Wake County
Subdivision: Not in a Subdivision

Building Information

Year Built: 2022
Lot Size: 0.00 AC / 0 SF

Summary

Location and General Information

Subdivision Name: Not in a Subdivision
Latitude: 35.768559

Longitude: -78.633492

Taxes and HOA Information

Association: No
Tax Annual Amount: $5,990.00

City Limits Of: Raleigh
Has City Limits: Yes
Has Restrictive Covenants: No

Contract Information

Has Property Leased: No
Due Diligence Expiration Date: 2025-10-23

Parking

Open Parking Spaces: 2.0
Open Parking: Yes

Parking Features: Driveway

Property

Lot Information

Building Area Total: 2700.0
Total Other Area Sq Ft: 0.0

Parcel Number: 1703.16-84-7810-000
Structure Type: Quadruplex
Sold PriceList Price: 0.88

Property and Assessments

New Construction: No

Utilities

Sewer: Community Sewer
Water Source: Public

Interior and Exterior Features

Exterior Features

Construction Materials: Shake Siding
Foundation Details: Block

Roof: Architectural Shingle
New Construction Type: Quadruplex, Shake Siding

Interior Features

Levels: One
Flooring: Tile, Wood

Cooling: Central Air, Ceiling Fan(s)
Has Cooling: Yes
Heating: Heat Pump
Has Heating: Yes

Unit Information

Unit 1

Baths Total: 1.0
Beds Total: 2.0

Has Garage Attached: No
Features: Dishwasher, Kitchen, Living Room, Refrigerator

Unit 2

Baths Total: 1.0
Beds Total: 2.0

Has Garage Attached: No
Features: Dishwasher, Kitchen, Living Room, Refrigerator

Unit 3

Baths Total: 1.0
Beds Total: 2.0

Has Garage Attached: No
Features: Dishwasher, Kitchen, Living Room, Refrigerator

Unit 4

Baths Total: 1.0
Beds Total: 2.0

Has Garage Attached: No
Features: Dishwasher, Kitchen, Living Room, Refrigerator

Property History for 407 Bledsoe Avenue

Date	Event & Source	Price	Appreciation
Nov 10, 2025	Sold Doorify MLS (fka Triangle MLS) #10107904	$875,000	—
Nov 5, 2025	Sold (Public Record) Public Record #1920140754	$875,000	+2.5% / yr
Oct 6, 2025	Pending Doorify MLS (fka Triangle MLS) #10107904		—
Jul 8, 2025	Listed (Active) Doorify MLS (fka Triangle MLS) #10107904	$995,000	—
Feb 22, 2023	Sold (Public Record) Public Record #1506243751	$818,000	—
Feb 20, 2023	Sold (Public Record) Public Record #1506243750	$780,000	+33.7% / yr
Apr 27, 2022	Sold (Public Record) Public Record #1489545479	$615,000	+309.5% / yr
Dec 30, 2021	Sold (Public Record) Public Record #1480806704	$390,000	—

Date	Event & Source	Price
11/10/2025	Sold Doorify MLS (fka Triangle MLS) #10107904	$875,000
11/05/2025	Sold (Public Record) Public Record #1920140754	$875,000 +2.5% / yr
10/06/2025	Pending Doorify MLS (fka Triangle MLS) #10107904	—
07/08/2025	Listed (Active) Doorify MLS (fka Triangle MLS) #10107904	$995,000
02/22/2023	Sold (Public Record) Public Record #1506243751	$818,000
02/20/2023	Sold (Public Record) Public Record #1506243750	$780,000 +33.7% / yr
04/27/2022	Sold (Public Record) Public Record #1489545479	$615,000 +309.5% / yr
12/30/2021	Sold (Public Record) Public Record #1480806704	$390,000

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

Public Records for 407 Bledsoe Avenue

Taxable ValueLand$345,000Additions$335,494Total$680,494

Tax Record2025$6,015 ($501 / month)

Home Facts

Baths3.5Total Finished SqFt2,704 SqFtAbove Grade Finished SqFt2,704 SqFtStories1Lot Size11,326 SqFtStyleQuadraplexYear Built1982Year Renovated1992ZoningR-10CountyWAKEAPN1703.16-84-7810-000

Schools near 407 Bledsoe Avenue

This home is within Wake County School District.


Rating	School	Type	Grades	Distance
5/10	Joyner Elementary	Public - Serves this home	PK to 5	3.2 mi
6/10	Moore Square Magnet Middle School	Public - Serves this home	6 to 8	0.5 mi
7/10	Needham Broughton High	Public - Serves this home	9 to 12	1.8 mi
10/10	Wake Young Men's Leadership Academy	Public - Nearby school	6 to 13	0.7 mi
8/10	Vernon Malone College and Career Academy	Public - Nearby school	9 to 13	1.2 mi
9/10	Wake Young Women's Leadership Academy	Public - Nearby school	6 to 13	1.6 mi
NR	Sacred Heart Cathedral School	Private - Nearby school	PK to 8	1.0 mi


Rating	School	Distance
5/10	Joyner Elementary PublicPK to 5 Serves this home	3.2 mi
6/10	Moore Square Magnet Middle School Public6 to 8 Serves this home	0.5 mi
7/10	Needham Broughton High Public9 to 12 Serves this home	1.8 mi
10/10	Wake Young Men's Leadership Academy Public6 to 13 Nearby school	0.7 mi
8/10	Vernon Malone College and Career Academy Public9 to 13 Nearby school	1.2 mi
9/10	Wake Young Women's Leadership Academy Public6 to 13 Nearby school	1.6 mi
NR	Sacred Heart Cathedral School PrivatePK to 8 Nearby school	1.0 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 407 Bledsoe Avenue, Raleigh, NC 27601	$875,000	8	4	2,700	0
413 Bledsoe Avenue, Raleigh, NC 27601	$450,000	3	2	1,173	6,098
406 Martin Luther King Jr Boulevard, Raleigh, NC 27601	–	–	1	–	2,178
400 Martin Luther King Jr Boulevard, Raleigh, NC 27601	–	–	–	–	6,970
500 Martin Luther King Jr Boulevard, Raleigh, NC 27601	–	–	1.5	–	16,117
404 Martin Luther King Jr Boulevard, Raleigh, NC 27601	–	–	–	–	436
406 Bledsoe Avenue, Raleigh, NC 27601	–	–	1	1,160	3,485
328 Martin Luther King Jr Boulevard, Raleigh, NC 27601	–	–	–	780	14,810
319 Bledsoe Avenue, Raleigh, NC 27601	–	–	–	–	6,970
400 Bledsoe Avenue, Raleigh, NC 27601	–	–	2	–	5,227
412 Bledsoe Avenue, Raleigh, NC 27601	$57,000	3	1	1,132	4,356
902 South East Street, Raleigh, NC 27601	$940,000	–	5.5	2,744	6,970
317 Bledsoe Avenue, Raleigh, NC 27601	–	–	1	775	3,920
409 Martin Luther King Jr Boulevard, Raleigh, NC 27601	–	–	1	–	1,307
326 Martin Luther King Jr Boulevard, Raleigh, NC 27601	–	–	–	–	3,485

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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 RTP REALTY ASSOCIATES LLC

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.

Raleigh, NC

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