See Home Value
$300,000
● Land - Off Market

1508 Boyer Street

Raleigh, NC 27610
bedrooms
Studio
bathrooms
0 Bath
$347,045
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Urban Infill lot zoned R-10. Spec plans show a potential 4 units across 1508 and 1510 Boyer St. lots. Two units per lot. Surrounded by renovations and the newly acquired commercial space on New Bern Ave. One of the last remaining investment opportunities in College Park. Each lot listed independent of each other.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Last updated: 2 years ago (TMLS #2509552)

Price History

Date / Event Date Event Price
Dec 3, 2025 Listed $1,275,000
Listed
Priced at 1,275,000 per duplex, with the option to purchase both together for 2,550,000, 1508 and 1510 Boyer Street offer one of the most flexible and forward looking investment opportunities in Raleigh. Built in 2025, each property features two thoughtfully designed units. One unit in each building is secured with a long term lease, providing immediate and stable income. The second unit in each building is furnished and operating as a short term rental through Airbnb, with a strong performance history that continues to improve. The furnished units can be sold fully furnished, creating a true turnkey experience for the next investor or owner occupant. The versatility of these properties opens the door to multiple strategies. A buyer could live in one of the furnished units while collecting rent from the long term tenant in the adjoining unit. An investor could continue the proven combination of long term and short term rentals, maximizing cash flow. A portfolio buyer could purchase both buildings and control all four doors in a rapidly appreciating pocket of Raleigh. The location offers exceptional upside. Boyer Street sits near Raleigh's planned Bus Rapid Transit line and is surrounded by ongoing development throughout Raleigh and Southeast Raleigh. This area is experiencing significant public and private investment, increasing demand and long term value for well built and well located rental properties. Whether you are a seasoned investor or just getting started, these properties provide immediate income, flexible use options, low maintenance new construction, and prime positioning within one of Raleigh's most exciting growth corridors. Your next high performing investment is ready at 1508 and 1510 Boyer Street.
Aug 3, 2023 Sold
Sold
May 8, 2023 Listed by Monarch Realty Co. $349,000
Listed by Monarch Realty Co.
Dec 10, 2021 Sold
Sold
Sep 21, 2021 Listed by Clifton Property Investment $235,000
Listed by Clifton Property Investment
Cleared & graded lot in ultra lucrative College Park.

Property Highlights


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000100
  • Standard Land Use Code: 8001
  • County Land Use Code: R
  • Legal Description 1: LO334 COLLEGE PARK BM1911-00015

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050600

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0487227
  • District: 01
  • Parcel: 1713.06-39-8324 0487227
  • Lot: 334
  • Municipality: RALEIGH
  • Latitude: 35.7809
  • Longitude: -78.6164

    Address

  • Full Address: 1508 Boyer St
  • Address - House Number: 1508
  • Address - Street Name: Boyer
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C026
  • 4-Digit Zip Code: 2509
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $125,350
  • Initial Tax Delinquent Year: 2022

    Market Valuation

  • Market Total Value: $115,000
  • Market Land Value: $115,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,000
  • Assessed Land Value: $115,000

    Sales

  • Current Sale Contract Date: Jul 11, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Central Raleigh


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Frequently Asked Questions

When was property at 1508 Boyer Street built and last sold?
The property at 1508 Boyer Street was built in and last sold on Jul 11, 2023 for $600,000.
How much is this home worth?
The estimated value of the home located at 1508 Boyer Street is $1,287,750.
What are some comparable homes to 1508 Boyer Street?
There are currently no comparable homes to 1508 Boyer Street.