Tim M. Clarke Team
1511 Joe Louis Avenue, Raleigh, NC 27610 — 4 bd · 2 ba · 1,352 sqft — $525K
$525K

1511 Joe Louis Avenue, Raleigh, NC 27610

4 bd · 2 ba · 1,352 sqft
Beds4
Baths2
Sq Ft1,352
Lot0.21 ac
Year Built1983
TypeResidential Income
SubdivisionJoe Louis Park
MLS #10141059
Amazing opportunity to own a rental property with development potential in downtown Raleigh. The property is currently improved with 2 bedroom/1 bathroom duplex units and are tenant occupied, providing immediate rental income with future redevelopment possibilities. Ideal for developers seeking flexibility for higher density residential development, including duplexes, townhomes, or multifamily projects (buyer to confirm zoning, density, and permitted uses). Strong surrounding growth, with proximity to dining, entertainment, employment centers, and major roadways, making this a highly desirable location. The adjacent property, 600 Sherrybrook Dr., is also available for purchase; if acquired together, the two parcels total approximately 0.41 acres with R-10 zoning. Buyer to confirm square footage. Listing agent has not been inside the units.
Listed by Annie Clements, Choice Residential Real Estate.
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