About 513 Hoke Street
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!
Features of 513 Hoke Street
| MLS® # | 10115330 |
|---|---|
| Price | $425,000 |
| Bedrooms | 6 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,728 |
| Acres | 0.16 |
| Year Built | 1983 |
| Type | Residential |
| Sub-Type | Duplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 513 Hoke Street |
|---|---|
| Subdivision | South Park |
| City | Raleigh |
| County | Wake |
| State | NC |
| Zip Code | 27601 |
Amenities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Parking Spaces | 6 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Bi-Level |
| Has Basement | Yes |
| Basement | Crawl Space |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Unknown |
| Foundation | Block |
School Information
| Elementary | Wake County Schools |
|---|---|
| Middle | Wake County Schools |
| High | Wake County Schools |
Additional Information
| Date Listed | August 12th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Allen Tate/ Lake Royale |
|---|