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4 Beds
4 Baths
2,110 sqft

$515,000

513 Cleveland Street, Raleigh NC, 27605

Price per sqft$244.08
Built in1920
Property size2,110 sqft
Property typeMulti-family
Listing courtesy of The Alston Real Estate Group

Overview

Pending

Listed Oct 23, 2026

Updated 17h ago

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 provides 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.

$3,426/mo

Est. mortgage payment based on a $515,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10177968

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres
MLS provider logo

Listed by Kharmika T Alston, , The Alston Real Estate Group

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Data last updated 3:46 AM UTC, 10/24/2026

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