# 700 Glascock Street, Raleigh, NC 27604

> **TL;DR:** 8bd/2ba single family, $625,000 ($352/sqft), built 1950, 1,777 sqft.
> A/C. Est. $2,708/mo. Listed 10 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $625,000 |
| Price/sqft | $352 |
| Bedrooms | 8 |
| Bathrooms | 2 full |
| Square Feet | 1,777 |
| Year Built | 1950 |
| Lot Size | 9,583 sqft (0.22 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 10 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,708 |
| **Total** | **$2,708** |

## Nearby Schools

- **Elementary:** Wake - Conn Elementary
- **Middle:** Wake - Ligon Middle
- **High:** Wake - William G Enloe High

## Key Amenities

- A/C

## Property Highlights

- Built in 1950
- 0.22 acre lot

## Description

### Agent Description
Exceptional opportunity to acquire a cash-flowing asset in one of Raleigh's most desirable and rapidly evolving urban neighborhoods. Located at 700 Glascock Street, this income-producing property sits on a highly visible corner lot comprising approximately 0.22 acres and offers investors immediate returns alongside compelling long-term redevelopment potential. The property is zoned R-10 and positioned within one of Raleigh's most active redevelopment corridors. Surrounded by luxury new construction and high-end infill development, the site is ideally situated to benefit from continued neighborhood growth and increasing land values. Currently operating as an 8-room income-producing property generating approximately $62,700 in annual gross income ($5,225/month), the asset benefits from strong rental demand and flexible month-to-month occupancy agreements. The property has been well maintained and improved, with major updates already completed, including a new roof in 2023; HVAC systems installed in 2019; furnaces replaced in 2018 and 2019; a hot water heater installed in 2019; updated bathrooms and kitchen cabinetry in 2023; new windows installed in 2024 and 2025; new gutters in 2025; and fresh interior and exterior paint completed in 2025. Public water and sewer service, along with approximately 10 off-street parking spaces, further enhance the property's functionality and appeal. Beyond the property's income potential, the location offers the highly desirable lifestyle amenities driving demand throughout Downtown Raleigh's urban core. Residents are close to a growing collection of restaurants, retail destinations, and neighborhood gathering spots while enjoying convenient access to Oakwood Park, Gateway Plaza, area schools, greenway trails, and public transit. A nearby dog park and numerous recreational amenities further enhance the area's appeal. The combination of connectivity, and the city's sought-after "live, work, play" lifestyle makes this location particularly attractive to both tenants and long-term investors. Whether pursuing stable cash flow, a value-add investment strategy, land banking, or future redevelopment, 700 Glascock Street offers multiple paths to value creation in one of Raleigh's strongest growth markets. Opportunities combining current income, corner-lot positioning, and proximity to Downtown Raleigh are increasingly difficult to find.

## Location

- **Address:** 700 Glascock Street, Raleigh, NC 27604
- **County:** Wake
- **Neighborhood:** Capitol Heights
- **Coordinates:** 35.792618, -78.622171
- **Google Maps:** https://www.google.com/maps?q=35.792618,-78.622171

## Listing Agent

- **Name:** Lizzie Bender
- **Brokerage:** Compass -- Cary
- **Phone:** 3618761134
- **Email:** lbender@lizbrownresidential.com

## Primary Photo

![700 Glascock Street - Primary Photo](http://lh.rdcpix.com/40e5685a22bc2d245db109c3ed73401dl-f1971533682r.jpg)

*45 total photos available on [listing page](https://www.propertysimple.com/listing/700-glascock-street-raleigh-nc-27604-10174326)*

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**MLS#:** 10174326 | **Updated:** 2026-06-25
**Source:** listhub

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

[View on PropertySimple](https://www.propertysimple.com/listing/700-glascock-street-raleigh-nc-27604-10174326)

---

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