513 Cleveland St

2,110 Sq. Ft.
$308 / Sq. Ft.
2,110
Sq. Ft.
$308
per Sq. Ft.

Description

Excellent investment and redevelopment opportunity in the heart of Raleigh! This 1920s Craftsman features four individual units. Nestled on a quiet street in the highly desirable Glenwood-Brooklyn Historic District, this property combines neighborhood charm with unbeatable convenience. Enjoy being just minutes from grocery stores, acclaimed restaurants, Fletcher Park, and close proximity to downtown Raleigh. Currently configured as a stripped-down quadplex, the footprint provide the perfect shell...Excellent investment and redevelopment opportunity in the heart of Raleigh! This 1920s Craftsman features four individual units. Nestled on a quiet street in the highly desirable Glenwood-Brooklyn Historic District, this property combines neighborhood charm with unbeatable convenience. Enjoy being just minutes from grocery stores, acclaimed restaurants, Fletcher Park, and close proximity to downtown Raleigh. Currently configured as a stripped-down quadplex, the footprint provide the perfect shell for a high-end single-family conversion. Alternatively, rehab the existing four 1-bed/1-bath units to capture premium rental rates in a Class-A location.
  1. Listed by Kharmika T Alston โ€ข The Alston Real Estate Group

Property Details for 513 Cleveland Street

View
Yes
Showings Expected to Begin
07-17-2026
Subdivision
Glenwood
LISTING UPDATED: 07/03/2026 10:05 AM

Property Details for 513 Cleveland Street

StatusComing Soon
MLS #10177968
Days on Market-
Taxes$5,417 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1920
Lot Size0.09 AC / 3,920 SF
CountyWake County

Location

Listing Courtesy of The Alston Real Estate Group
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Building Information for 513 Cleveland Street

Stories2Residences4Year Built1920Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$3,690 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,239

Property Taxes

$451

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 513 Cleveland Street

Summary
Location and General Information
  • Zoning: R-10
  • Subdivision Name: Glenwood
  • Latitude: 35.791607
  • Longitude: -78.646308
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $5,417.49
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 513
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
Parking
  • Open Parking: Yes
  • Parking Features: Additional Parking, Off Street
  • Carport: No
  • Attached Garage: No
Property
Lot Information
  • Building Area Total: 2110.0
  • Total Other Area Sq Ft: 0
  • Parcel Number: 170414438292000 0060844
  • Structure Type: Quadruplex
Property and Assessments
  • New Construction: No
  • Photos Count: 18
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Pool Private: No
  • Roof: See Remarks
  • New Construction Type: Brick, Quadruplex
Interior Features
  • Levels: Two
  • Stories: 2
  • Basement Description: Walk-Out Access
  • Flooring: Hardwood, Parquet
  • Cooling: Wall/Window Unit(s)
  • Cooling?: Yes
  • Heating: Other, See Remarks
  • Heating?: Yes
  • Interior: Additional Parking, Off Street, Brick
  • Equipment: Additional Parking, Off Street
Multi Family
Unit Information
  • Total Units: 4
Agent
Sale and Listing
  • Property Type: Residential Income
  • Property Class Name: CrossProperty
Units Information
Unit One
  • Unit One: Kitchen: true
  • Unit One: Living Room: true
Unit Two
  • Unit Two: Kitchen: true
  • Unit Two: Living Room: true
Unit Three
  • Unit Three: Kitchen: true
  • Unit Three: Living Room: true
Unit Four
  • Unit Four: Kitchen: true
  • Unit Four: Living Room: true

Public Records for 513 Cleveland Street

Taxable ValueLand$382,500Additions$229,527Total$612,027
Tax Record2025$80 ($7 / month)
Home Facts
Total Finished SqFt2,160 SqFtAbove Grade Finished SqFt2,160 SqFtStories2Lot Size3,920 SqFtStyleQuadraplexYear Built1920Year Renovated1975ZoningR-10CountyWAKEAPN1704.14-43-8292 0060844Fireplace TypeHas Fireplace

Schools near 513 Cleveland Street

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.

Similar Homes

513 Cleveland Street is a multi-family home Coming Soon in Raleigh, NC 27605. This property is currently priced at $650,000. This listing's school district is Wake County School District. Nearby schools include Wiley Elementary, Oberlin Middle School and Needham Broughton High. 513 Cleveland Street is a 0-bed, 4-bath, 2,110 sqft multi-family home built in 1920.

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 The Alston Real Estate Group

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