$185,000
 $993 est/mo Sourced by Back At You

705 Merrywood Drive,Raleigh, NC 27610

Raleigh, NC 27610

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Description

Investor's Dream Opportunity in the Growing Raleigh Market! Unlock the potential of this prime investment property located within the rapidly expanding city limits of Raleigh, NC. Whether you're looking to renovate, rent, or redevelop, this property offers endless possibilities for savvy investors. What makes this opportunity truly unique is the potential for assemblage this property can be combined with additional neighboring properties owned by the seller, creating a rare chance to secure a larger footprint in one of Raleigh's most sought after growth corridors. Surrounded by ongoing development, increasing property values, and strong demand, this location positions you for both immediate and long term returns. Conveniently located near major roadways, shopping, dining, and everything Raleigh has to offer. Don't miss your chance to invest in one of North Carolina's fastest growing markets with expansion potential already in place.

Details

MLS #10171640
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1993
Days On Site83
Listing Provided ByRealty One Group Greener Side | Sandy Ballesteros

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet720
Story(s)1
ZoningR-10
Acreage0.13

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingWall Unit(s)
Rooms Total1

Exterior

RoofShingle
Foundation DetailsOther
Construction MaterialsAluminum Siding

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Assessed Value180150
Tax Legal DescriptionLo64b & 65B Joe Louis Park Blj Bm1942-00075
Tax Year2025
Tax Map Number64B

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameTo Be Added
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in To Be Added)
Price:
$185,000
low | high
Med:
$585,400
100% of Average
sqft:
720
low | high
Med:
2,922
100% of Average
$ / sqft:
$257
low | high
Med:
$245
54.713839535841% of Average
On site:
83
low | high
Med:
24.5
100% of Average
Sourced by Back At You

Market Activity 27610

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27610
AreaWake
Community NameTo Be Added
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in To Be Added)
Price:
$185,000
low | high
Med:
$585,400
100% of Average
sqft:
720
low | high
Med:
2,922
100% of Average
$ / sqft:
$257
low | high
Med:
$245
54.713839535841% of Average
On site:
83
low | high
Med:
24.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $138K - $231K
sqft: 540 - 900
Nearby Listings Property ImageNearby Listings Details
1509 Joe Louis Avenue Property Photo 1
$195,000
1509 Joe Louis Avenue
Raleigh, NC 27610
1602 Joe Louis Avenue Property Photo 1
$179,900
1602 Joe Louis Avenue
Raleigh, NC 27610
Listing Updated: August 11, 2026 at 3:07:01 PM PDT