For Sale Lot / Land MLS# 10172633

550 E Jones Street

Raleigh, NC 27601

$1,800,000

  • 0.14Acres
  • $12,857,143Per Acre
  • 160Days Listed
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About 550 E Jones Street

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.

Property details

Property

Type
Unimproved Land
MLS type
Land/Property
Status
Active
Lot
0.14
Original price
$1,800,000
MLS #
10172633

Exterior & lot

Lot
R-10, Multi-Family
View
City, Neighborhood

Schools

District
Wake County Schools
Elementary
Wake - Conn Elementary
Middle
Wake - Oberlin Middle
High
Wake - Needham Broughton High

Utilities

Utilities
Public Sewer, Public, Cable Available, Electricity Connected, Phone Available, Sewer Connected
Water
Public
Sewer
Public Sewer

Financial

Financial
Doorify MLS
Annual tax
$3,951
Tax year
2026
Parcel
170328998668000 0054421
Legal
550 E Jones Street
Special conditions
Standard

Location

Subdivision
Historic Oakwood
County
Wake
Neighborhood
Oakwood
Community
City Street, Other

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Listed by John Anton, Steeloak Residential LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.