Back to Search
509 Cape Ave, Raleigh, NC 27601
509 Cape Ave, Raleigh, NC 27601
509 Cape Ave, Raleigh, NC 27601
509 Cape Ave, Raleigh, NC 27601
509 Cape Ave, Raleigh, NC 27601
509 Cape Ave, Raleigh, NC 27601
509 Cape Ave, Raleigh, NC 27601

509 Cape Ave Raleigh, NC 27601

$975,000

ACTIVE
Beds
6
Baths
4
Sqft
2,513
Acres
0.29
Year
1940
Days on Site
1
Property Type
Residential Income
Sub Type
Quadruplex
Per Square Foot
$388
Date Listed
Apr 3, 2026

Description of 509 Cape Ave, Raleigh, NC 27601

Listing details for 509 Cape Ave, Raleigh, NC 27601 : Attention investors and builders! Two duplexes on two deeded lots in the heart of Downtown Raleigh facing the grounds of Chavis Park! Four beautifully updated units on large corner lot with plenty of parking on and off street with very little traffic. Individually metered for water and electric and long term tenants pay utilities (no gas). Two 1 bed/1bath and two 2 bed/1 bath. Unit 812 is furnished MTR. No HOA! This amazing location offers walkable downtown living while facing open park areas with walking trails and expansive green lawns! Easy access to 440/RDU, schools, hospitals and much more. One unit intentionally vacant for showings.
Listing Updated : 04-03-2026 at 1:00 PM EDT
Listing Provided By

Natalee Choby, 919-264-4977, Rich Realty Group

Source

Triangle, MLS, MLS#: 10157441

Home Worth Check

Interested in 509 Cape Ave, Raleigh NC, 27601?

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use prerecorded and artificial voices), and email, from Raleigh Realty about your inquiry and other home-related matters. Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

Location of 509 Cape Ave, Raleigh, NC 27601

Google Map
Mortgage Calculator
Listing Price
Down Payment
Interest Rate

Schools Near 509 Cape Ave, Raleigh, NC 27601

Homes Similar to 509 Cape Ave, Raleigh, NC 27601

Related Blogs
HomeRaleighNot In A Subdivision
What's your home worth?
Have a top local Realtor give you a FREE Comparative Market Analysis