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Sold on 06/21/1999
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313 E Cabarrus St, Raleigh, NC 27601

$570,000

Last sold 06/21/1999 for $123K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 313 E Cabarrus St

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
This multi-family property is located at 313 E Cabarrus St, Raleigh, NC, 27601 in Wake County and was built in 1948. It is served by municipal sewer. It last sold for $123,000 on 1999-06-21. The estimated market value is $570,000.
Overview
Cooling/AC None
Heating Gas, Space Heater
MLS # 510377
SubType Apartment
Type Residential Income
Status Closed
Lot Size Units Acres
Tax Assessed Value 128164
Year Built 1948
Interior
Flooring Vinyl
Exterior
Foundation Slab
Construction Brick, Block
Parking Desc None
Amenities / Utilities
Sewer/ Septic Public Sewer
Location
County Wake
Elementary School Wake - Root
Middle School Wake - Oberlin
High School Wake - Broughton
Zoning R-B
Directions TAKE CABARRUS EAST. JUST PAST PERSON STREET. ON LEFT.
Multifamily Details
Total # Of Units 8
Operating Expense 110
$570K
Range: $404K-$735K
Last 30 days 
Rental est.: $1,022/month
Gross rent multiplier: 10.0
  • Mar 2025
    Public Records
  • Mar 13, 2025 Sold
    $400,000 (+86.0%)
  • Mar 2024
  • Mar 21, 2024 Delisted
    $123,000
  • Mar 31, 1999 Listed
    $215,000
  • Year Property taxes Tax assessment
  • 2025
    $3,411 +0.4%
    $391,181
  • 2024
    $3,397 +42.3%
    $391,181 +78.56%
  • 2023
    $2,388 +7.7%
    $219,077
  • 2022
    $2,218 +4.1%
    $219,077
  • 2021
    $2,132 +1.9%
    $219,077
  • 2020
    $2,093 +87.8%
    $219,077 +127.81%
  • 2019
    $1,114
    $96,168
  • 313 E Cabarrus St
    $123K
  • Central Raleigh
    $512K
  • 27601
    $618K +8% y/y
  • Raleigh
    $444K -6% y/y
No chart available
Statistics calculated by Movoto

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3/10
Joyner Elementary
public Grades PK, K-5
Wake County School District
6/10
Moore Square Museum Magnet Mid
public Grades 6-8
Wake County School District
7/10
Needham Broughton High
public Grades 9-12
Wake County School District
Source: GreatSchools.org © 2026. All rights reserved.

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