550 E Jones St, Raleigh, NC 27601

$1,800,000

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Seller Representative Steeloak Residential LLC

List Price
$1,800,000
Status
ACTIVE
Days on Market
53
MLS#
10172633
Subtype
Land
Lot Size
6,098
Acres
0.14
Subdivision
Historic Oakwood
Neighborhood
Historic Oakwood

Property Description

Rare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision feasibility, zoning compliance, utility availability, and all applicable governmental approvals. 550 E Jones St. and the neighboring 552 E Jones St. are being listed together and are being sold together for a total asking price of $1,800,000 for .43 acres in the Highly Desirable neighborhood of Historic Oakwood in Downtown Raleigh.

Additional Information

Taxes
$3,951
Financing
None, Other
Zoning
R-10
Elementary School
Wake - Conn Elementary
Middle School
Wake - Oberlin Middle
High School
Wake - Needham Broughton High
View
City, Neighborhood

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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 .