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About This Home

This 4-bedroom, 2-bathroom single family at 1602 Malta Avenue in Raleigh, NC is listed for $250,000 ($209 per sqft). Built in 1998, the home offers 1,196 sqft of living space on a 0.14 acres lot.

Agent Description

Opportunity knocks at 1602 Malta Ave in Raleigh! This 4-bedroom, 2-bath home offers 1,196 sqft of potential in one of Raleigh's fastest growing areas. Built in 1998, this property is primed for a full renovation or redevelopment play. R-10 Zoning and lot width allows for a large single family or duet-style two-unit townhome build (confirmed with Raleigh Development).

With an estimated flip ARV of $425,000 and nearby new builds selling above $1M , this is a strong value-add opportunity for investors looking to capitalize on the area's rapid appreciation. Whether you're planning a fix-and-flip or exploring new construction potential, the upside here is undeniable. Full inspection report available-bring your contractor and your vision!

Key Features

  • Built in 1998
  • 0.14 acre lot

Property Details

1 story
2 full
1998

Amenities

A/C

Monthly Cost Estimate

$1,337/mo

20% down · 6.5% · 30 years

Principal$181
Interest$1,083
Insurance$73

Estimates only. Actual payments may vary.

Location

1602 Malta Avenue

Raleigh, NC 27610

Property Details

Construction

Vinyl

Parking

Driveway

Heating

Forced AirNatural GasCentral

Cooling

Central AirCeiling Fan(s)Electric

Appliances

DishwasherElectric RangeElectric Water HeaterExhaust HoodRefrigerator with Ice Maker

Questions & Answers

This 4-bedroom, 2-bathroom single family at 1602 Malta Avenue is listed at $250,000 ($209/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.

Key features include: Built in 1998, 0.14 acre lot.

This property is listed by Jordan Smith and can be reached at 8034176546 or realtorjordansmith@gmail.com.

JS

Jordan Smith

Agent at Realty One Group Revolution

(803) 417-6546

Listed by Realty One Group Revolution · View on Broker Site

MLS# 4358614· Source: listhub· Updated 24 days ago

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1602 Malta Avenue, Raleigh, NC 27610

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