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$1,800,000
10172633 MLS
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.

550 E Jones St, Raleigh

Seller Representative Steeloak Residential LLC

$297,000
10127581 MLS
Prime opportunity in the heart of Downtown Raleigh! This rare vacant lot offers unlimited potential for homeowners, investors, and builders alike. Whether you're dreaming of constructing your custom home or developing a high-value rental property, this site delivers unmatched possibilities—all with no HOA restrictions. Perfectly positioned within walking distance to some of Raleigh's most popular restaurants, boutique shops, art galleries, parks, and entertainment venues, this lot places you at the center of the city's dynamic and fast-growing urban core. The vibrant energy of downtown living is right at your doorstep! Raleigh continues to be one of the fastest-growing cities in the Southeast, known for its strong economy, tech-driven job market, and high quality of life—making this a smart investment for long-term value. Bonus: The adjacent lot may also be available, offering an even greater opportunity for expansion or multi-unit development. Don't miss your chance to secure a piece of Raleigh's sought-after downtown landscape. Build now or hold for the future—opportunities like this are limited!

207 Heck St, Raleigh

Seller Representative Compass -- Raleigh

$297,000
10127588 MLS
Incredible opportunity to own a buildable lot in one of Downtown Raleigh's most rapidly growing and desirable neighborhoods! Whether you're a homeowner looking to build your dream residence, a developer eyeing a valuable project, or an investor seeking strong long-term returns, this property delivers exceptional potential—with no HOA restrictions. Located just steps from the heart of downtown, you'll enjoy walkable access to Raleigh's trendiest restaurants, coffee shops, boutiques, cultural venues, parks, and nightlife. The urban lifestyle is at your fingertips, with the added benefit of being part of a thriving, forward-moving city. Raleigh's continued growth, diverse economy, and strong demand for housing make this a smart and strategic investment. The neighboring lot may also be available, offering a unique opportunity for expanded development or future flexibility. Don't miss your chance to claim a piece of Raleigh's vibrant downtown core—lots like this are becoming increasingly rare!

203 Heck St, Raleigh

Seller Representative Compass -- Raleigh

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