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$625,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 2 Full Baths
  • 1,352 Sq. Ft.
  • 0.21 Acres
  • Updated 3 days ago
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Amazing opportunity to own a rental property with development potential in downtown Raleigh. The property is currently improved with 2 bedroom/1 bathroom duplex units and are tenant occupied, providing immediate rental income with future redevelopment possibilities. Ideal for developers seeking flexibility for higher density residential development, including duplexes, townhomes, or multifamily projects (buyer to confirm zoning, density, and permitted uses). Strong surrounding growth, with proximity to dining, entertainment, employment centers, and major roadways, making this a highly desirable location. The adjacent property, 600 Sherrybrook Dr., is also available for purchase; if acquired together, the two parcels total approximately 0.41 acres with R-10 zoning. Buyer to confirm square footage. Listing agent has not been inside the units.

Full Property Details for 1511 Joe Louis Ave

General

  • Price: $625,000
  • Taxes: $2,188
  • Status: Active
  • Type: Duplex
  • Source: 2218
  • MLS ID: 10141059
  • Updated: 1/14/2026
  • Added to Site: 6 day(s) ago

Rental Information

  • Lease/Rent Term: 3 To 6 Months

Interior

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Flooring: See Remarks

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Unit

Parking

  • Parking Features: Driveway

Location

  • County: Wake
  • Subdivision: Joe Louis Park
  • Driving Directions: From Rock Quarry, turn Right onto Merrywood, Right on Joe Louis, Duplex/Lot are on the Left.
  • City Limits: Yes

School Information

  • Elementary School: Wake County Schools
  • Middle School: Wake County Schools
  • High School: Wake County Schools

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Structure Type: Duplex
  • Exterior Const.: Masonite
  • Roof: Composition
  • Stories/Levels: 1
  • Building Size: 1352
  • Square Feet: 1,352
  • Finished Above Grnd: 1,352 Sq. Ft.
  • Year Built: 1983

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 9,147.6
  • Frontage: City Street
  • Street/Road Desc.: Paved
  • Zoning: R-10

Financial Considerations

  • Tax Amount: $2,188.64

Disclosures and Reports

  • Special Conditions: Real Estate Owned
  • Bank-owned: Yes
  • Property ID: 171310357636000 0121771
  • Lot Number: D

Listed by Choice Residential Real Estate, Annie Clements (253) 988-7467

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Listing agent

— 1511 Joe Louis Ave —

  • Annie Clements

    Choice Residential Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1511 Joe Louis Ave

School District:Wake County Schools
NameGradesDistance
Southeast Raleigh Elementary
1436 Rock Quarry Road, Raleigh, NC 27610
PK-50.7 mi
Centennial Campus Middle
1900 Main Campus Drive, Raleigh, NC 27606
6-82.3 mi
Southeast Raleigh High
2600 Rock Quarry Road, Raleigh, NC 27610
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1511 Joe Louis Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Listed
$625,000
192.74%
MLS
6/24/2019
Sold
$213,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1511 Joe Louis Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,189
—
$246,376
—
2024
$2,180
5%
$246,376
32%
2023
$2,080
7%
$187,184
—
2022
$1,935
4%
$187,184
—
2021
$1,861
2%
$187,184
—
2020
$1,828
43%
$187,184
75%
2019
$1,278
6%
$106,782
—
2018
$1,207
5%
$106,782
—
2017
$1,151
2%
$106,782
—
2016
$1,128
-9%
$106,782
-8%
2015
$1,236
5%
$115,498
—
2014
$1,174
7%
$115,498
—
2013
$1,099
—
$115,498
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Choice Residential Real Estate, Annie Clements (253) 988-7467

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1511 Joe Louis Avenue, Raleigh, NC 27610 (MLS# 10141059) is a Duplex property with 4 bedrooms and 2 full bathrooms. 1511 Joe Louis Avenue is currently listed for $625,000 and was received on January 12, 2026. Want to learn more about 1511 Joe Louis Avenue? Do you have questions about finding other Duplex real estate for sale in Raleigh? You can browse all Raleigh real estate or contact a Coldwell Banker agent to request more information.

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