536 E Jones St, Raleigh, NC 27601

$662,500
2
BD
2
BA
1,438
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Seller Representative Keller Williams Realty

Buyer Representative

Sold Price
$662,500
List Price
$700,000
Closing Date
Dec 15, 2025
Status
CLOSED
MLS#
10124897
Bedrooms
2
Bathrooms
2
Full-baths
2
Living Area
1,438
Lot Size
7,405
Subdivision
Not In A Subdivision
Year Built
1920
Acres
0.17

Property Description

Investor Opportunity in Oakwood! Rare chance to own a fully rented duplex in one of Raleigh's most desirable historic neighborhoods. Each unit features a 1-bedroom, 1-bath unit, providing steady rental income from day one. The property sits on an extra-deep lot (205+ ft), offering excellent potential to build an Accessory Dwelling Unit (ADU) and create a third rental stream. Located just minutes from Downtown Raleigh, restaurants, and historic Oakwood's charm, this property is ideal for investors looking to expand their portfolio or secure a long-term hold in a high-demand area. With current tenants in place and strong upside potential, this duplex is a turnkey rental investment with room to grow.

Additional Information

Style
Traditional
Foundation
Brick/Mortar
Utilities
Sewer Connected, Water Available
Water
Public
Flooring
Hardwood
Roof
Shingle
Heating
Natural Gas

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .