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$398,000
191 Days On Site

816 Peyton Street
Raleigh, NC 27610

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
1,949
SqFt
$204
/SqFt
1960
Built
Subdivision:
Stratford Park
County:
Wake

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816 Peyton Street816 Peyton Street816 Peyton Street816 Peyton Street
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Monthly Payment (Est.)

$1,816
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Unlock the potential of this stunning 4-bedroom, 3.5-bathroom income-producing property, perfectly positioned in the heart of vibrant Downtown Raleigh! With previous special use permit, this versatile gem is ideal for assisted living, a group home, or continued success as a profitable Airbnb. Why This Property Stands Out: Spacious & Modern Design: Enjoy an open floor plan, perfect for entertaining, with a seamless flow between the living, dining, and kitchen areas. Prime Location: Steps away from Downtown Raleigh's best dining, entertainment, and cultural hotspots, plus convenient access to the bus line for effortless transit. Outdoor Appeal: A fenced-in backyard area for a cozy fire pit, offering a private oasis for residents or guests. Turnkey Investment: generating income with endless potential for customization to maximize returns. Property Highlights: 4 spacious bedrooms for flexible use 3 full bathrooms + 1 half bath for convenience Fenced backyard with area for a fire pit for relaxation or guest enjoyment Unbeatable location near all that Downtown Raleigh has to offer Don't miss this rare opportunity to own a property with incredible income potential and a location that's in high demand! Schedule a showing today to explore this one-of-a-kind investment. Please note: Water is currently turned off but will be activated for inspections.

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Listing Snapshot
Price 
$398,000
Days On Site 
191 Days
Bedrooms 
4
Inside Area (SqFt) 
1,949 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
0.24 Acres
Year Built 
1960
MLS® Number 
10074342
Status 
Active
Property Tax 
$3,159.63
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $398,000
6 months agoListing first seen on site
General Features
Acres 
0.24
Foundation 
BlockCombinationRaised
Parking Spaces 
4
Property Condition 
Updated/Remodeled
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1949
SqFt Total 
1949
Stories 
One
Style 
Ranch
Water Source 
Public
Interior Features
Appliances 
DishwasherMicrowaveRange
Basement 
Crawl Space
Cooling 
Central Air
Flooring 
CarpetVinylTile
Heating 
Forced Air
Interior 
Open Floorplan
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Exterior Features
Construction Details 
BlockBrickVinyl Siding
Fencing 
Back YardFull
Lot Features 
Back Yard
Other Structures 
Shed(s)
Patio And Porch 
Front Porch
Road Frontage 
City Street
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan1031 Exchange
Schools
School District
Unknown
Elementary School
Wake - SE Raleigh
Middle School
Wake - Centennial Campus
High School
Wake - S E Raleigh
Listing courtesy of Carrie Guerreiro of HEARTHSTRING REALTY INC.



Listings that are marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2025 Triangle MLS, Inc. of North Carolina. All rights reserved.

Last checked: 2025-08-14 01:38 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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