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$398,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Full Baths
  • 1,940 Sq. Ft.
  • 0.31 Acres
  • Updated 1 day ago
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Rare opportunity to own a classic log cabin-style home in the heart of Raleigh, conveniently located near NC State University and Downtown Raleigh. Situated on a wooded lot, the property offers ample off-street parking and a private backyard featuring a patio and fire pit. The 3 bedroom, 2 bath home was lightly renovated in 2009, including refinished hardwood floors, an updated downstairs full bathroom, and an expanded living area. The property offers multiple possibilities for an owner-occupant or investor, including continued residential use, potential student housing, or redevelopment with new construction. A unique opportunity to own a character filled property in a highly desirable Raleigh location with convenient access to NC State, Downtown, shopping, dining, and major roadways.

Full Property Details for 718 Powell Dr

General

  • Price: $398,000
  • Taxes: $3,562 (2026)
  • Status: Active
  • Type: Single Family
  • Source: 2218
  • MLS ID: 10199316
  • Updated: 10/21/2026
  • Added to Site: 3 day(s) ago

Interior

  • Number of Rooms: 1
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Location

  • County: Wake
  • Subdivision: Not in a Subdivision

School Information

  • Elementary School: Wake - Adams Elementary
  • Middle School: Wake - Lufkin Road Middle
  • High School: Wake - Athens Drive High

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Window Unit(s)
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Log Home
  • Structure Type: Cabin
  • Exterior Const.: Log Siding, Stone
  • Roof: Asphalt
  • Stories/Levels: 1
  • Building Size: 1940
  • Square Feet: 1,940
  • Living Area: 1,940 Sq. Ft.
  • Finished Above Grnd: 1,940 Sq. Ft.
  • Year Built: 1928

Lot Features

  • Lot Size (Acres): 0.31
  • Lot Size (Sq. Ft.): 13,504
  • Zoning: R-6

Financial Considerations

  • Tax Amount: $3,562.85
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan, USDA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 078307590378000 0002449
  • Lot Number: 258

Listed by ASA Properties NC, LLC, Andrew Suriano (919) 608-3542

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Listing agent

— 718 Powell Dr —

  • Andrew Suriano

    ASA Properties NC, LLC

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 718 Powell Dr

School District:Wake County Schools
NameGradesDistance
Adams Elementary
805 Cary Towne Boulevard, Cary, NC 27511
PK-52.7 mi
Lufkin Road Middle
1002 Lufkin Road, Apex, NC 27539
6-88.3 mi
Athens Drive High
1420 Athens Drive, Raleigh, NC 27606
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 718 Powell Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/19/2026
Listed
$398,000
53.08%
MLS
5/22/2020
Sold
$260,000
—
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 718 Powell Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,419
—
$389,709
—
2024
$3,405
18%
$389,709
48%
2023
$2,891
8%
$263,402
—
2022
$2,687
4%
$263,402
—
2021
$2,583
2%
$263,402
—
2020
$2,536
45%
$263,402
67%
2018
$1,746
-6%
$158,011
—
2019
$1,851
11%
$158,011
—
2017
$1,664
2%
$158,011
—
2016
$1,630
8%
$158,011
10%
2015
$1,507
5%
$143,628
—
2014
$1,430
7%
$143,628
—
2013
$1,336
—
$143,628
—
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!

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NMLS#: 1598647

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Listed by ASA Properties NC, LLC, Andrew Suriano (919) 608-3542

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718 Powell Drive, Raleigh, NC 27606 (MLS# 10199316) is a Single Family property with 0 bedrooms and 2 full bathrooms. 718 Powell Drive is currently listed for $398,000 and was received on October 19, 2026. Want to learn more about 718 Powell Drive? Do you have questions about finding other Single Family 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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