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Listing courtesy of Allen Tate/ Lake Royale

513 Hoke Street
Raleigh, NC 27601

Home for sale - South Park

Priced to sell! 175K price improvement!!!!! Remarkable investment opportunity w/ this duplex located in prime downtown Raleigh! (Also available-515 Hoke street (adjacent) ! While this property requires extensive renovations, it presents an incredible canvas for seasoned investors looking to add value and build on the surrounding growth. Each building sits on .16 acres, features two-- 3 bed 1 bath, ideal for long or short term rental opportunities. With a tax land value alone of $300,000 (DOUBLE your investment if both purchased). Only a 6 min drive to NC State & 4 min to the newly developed Dorthea Dix Park, featuring The 18.5 acre Gipson Play Area w/ multiple playgrounds, sensory maze, splash fountain & more! Encircled by NEW construction, this is an opportunity to secure properties in an ideal location! 10 min to Walnut Creek Amphitheater, 3 min to the Convention Center, restaurants, culture- endless posibilities! Ability to capitalize on a prime investment & make this property your next success story!

Open House:

  • Listing Price: $425,000

  • Square Feet: 1728

  • Bedrooms: 6

  • Bathrooms: 2 full, 0 half

  • Acres: 0.16

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Last updated 2025-11-24T04:49:06Z

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IDX CopyrightThe 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 eXp Realty are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnail logo and detailed information about them includes the name of the listing firms. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information deemed reliable but not guaranteed.