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5101 Memory Rd, Raleigh, NC 27609
5101 Memory Rd, Raleigh, NC 27609
Sold for $475,000
5101 Memory Rd, Raleigh, NC 27609
Sold for $475,000
5101 Memory Rd, Raleigh, NC 27609
5101 Memory Rd, Raleigh, NC 27609

5101 Memory Rd Raleigh, NC 27609

$475,000

CLOSED
Beds
3
Baths
1
Sqft
1,348
Acres
0.41
Year
1958
Close Date
Mar 28, 2024
Property Type
Residential
Sub Type
Single Family Residence
Per Square Foot
$352
Date Listed
Sep 14, 2023

Description of 5101 Memory Rd, Raleigh, NC 27609

Listing details for 5101 Memory Rd, Raleigh, NC 27609 : Zoned OX-3 (Office Mixed Used) Prime investment Property in Midtown--Property is vacant, it is a tear down where the underlying lot has multiple options for development including single family residential, multi-family, townhomes, apartments, Quadplex, duplex and a Office than can be 3 stories high. There are billions of dollars being invested in Midtown including tens of millions of dollars being invested in very close nearby properties. Also--Significant up-rezonings in the process in the nearby area. This property must be purchase with the adjacent property 5105 Memory Rd as a simuataneous closing/transaction--seeMLS-2532285 Properties Being Sold As Is. Property listed for it's land value--agent has not been inside properties therefore there may be discepancies to the details listed in MLS.
Listing Updated : 06-20-2026 at 2:02 AM EDT
Listing Provided By

Philip Layton, 919-740-3324, Market-One Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS

Source

Triangle, MLS, MLS#: 2532283

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$325K – $542K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$325K – $542K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice
3/28/2024
Sold
$475,000
$352/sqft
Source:Triangle, MLS #2532283
9/14/2023
Listed for sale
—
Source:Triangle, MLS #2532283

Location of 5101 Memory Rd, Raleigh, NC 27609

Streetview of 5101 Memory Rd, Raleigh, NC 27609

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$325K – $542K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

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TMLS logo - Raleigh Realty Homes for Sale & Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listing firm has attempted to offer accurate data, but the Information is Not Guaranteed and buyers are advised to confirm all items.

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