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Pending
$515,000 Est. $3,549/mo — Get pre-qualified
4beds 4baths 2,110sq ft 0.09acres

513 Cleveland Street · Raleigh, NC 27605

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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.

Features & Amenities

Living Area2,110 Sq.Ft.
Bedrooms4
Baths4
HeatingOther, See Remarks
CoolingWall/Window Unit(s)
FlooringHardwood, Parquet
FireplaceNo
StyleArts & Crafts
Year Built1920
ConstructionBrick
RoofSee Remarks
FoundationCrawlspace
ParkingAdditional Parking, Off Street
StatusPending
Lot Size0.09 Acres
SubdivisionGlenwood
CountyWake
Property TypeResidential Income
Property SubTypeQuadruplex
Last UpdatedSep 25, 2026
SewerPublic Sewer
Water SourcePublic
HOANo
ElementaryUnknown Elementary School
MiddleUnknown Middle School
HighUnknown High School
Presented By: The Alston Real Estate Group

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Sep 25, 2026 Price Reduced $600,000 → $515,000 ▾ $85,000 (14.2%)

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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