Step inside this home with a virtual tour
Take a virtual tour1023 Holmes Street
Raleigh, NC 27601''Don't let this one fool you! It hits well outside its weight class!'' Discover a turnkey investment opportunity in one of Downtown Raleigh's most promising growth corridors. Situated on a spacious fenced lot on 1023 Holmes Street, this fully furnished, high-performing Airbnb and ADU offer immediate income and exceptional flexibility for investors, owner-occupants, or those with multigenerational needs. The home blends comfort and function with a thoughtful layout that includes a main-level owner's suite, a finished lower level with a kitchenette/wet bar ideal for guests or long-term stays, hardwood floors, and a private outdoor space that enhances the lifestyle appeal. Plus an EV charger and outdoor storage shed for all your extra needs! Its location places guests and residents just moments from Downtown Raleigh's vibrant dining, culture, and parks—including the rapidly revitalizing Chavis Park, which continues to anchor growth in this area. With strong rental history, an up-and-coming urban setting, and the rare ability to enjoy and monetize the property from day one, this is a standout opportunity for those seeking both lifestyle and long-term value in the Triangle's thriving real estate market.
$625,000
3 bedrooms
2 full bathrooms
0.25 acres
1,946 square feet
$321 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Brick, HardiPlank Type
- Exterior Features Fenced Yard, Rain Gutters
- Fencing Fenced, Wood, Partial, Back Yard
- Lot Size Acres 0.25
- Other Structures Guest House
- Parking Features Driveway, Paved, Gravel, Concrete, Unpaved
- Patio And Porch Features Patio, Porch
- Pool Features None
- Structure Type House, Site Built
- Above Grade Finished Area 1,024
- Appliances Stainless Steel Appliance(s), Dishwasher, Electric Water Heater, Electric Range, Plumbed For Ice Maker, Microwave, Water Heater, Disposal
- Basement Finished
- Below Grade Finished Area 922
- Cooling Electric, Central Air
- Cooling Y/N Yes
- Fireplace Features Fireplace Screen, Den, Wood Burning
- Fireplaces Total 1
- Flooring Tile, Hardwood, Carpet
- Heating Central, Electric, Forced Air
- Heating Y/N Yes
- Interior Features Walk-In Shower, Entrance Foyer, Ceiling Fan(s), Bathtub/Shower Combination, Storage, Quartz Counters, Recessed Lighting, Kitchen Island, Open Floorplan, Double Vanity, Smooth Ceilings, Walk-In Closet(s)
- Laundry Features Washer Hookup, Upper Level, Main Level, Laundry Closet, Inside, Electric Dryer Hookup
- Rooms Total 9
- Lot Features Front Yard, Hardwood Trees, Landscaped, Back Yard
- Tax Annual Amount 5378.02
- Water Source Public
- Year Built 1974
Additional Property Information
- TypeSingle Family Residence
- Built1974
- NeighborhoodNot in a Subdivision
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Fuller
- Middle SchoolWake - Carnage
- High SchoolWake - Broughton
Listing courtesy of Keller Williams Realty. © 2025 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Property location
Monthly payment calculator
Find your amountSchedule a Tour
Ready for a tour of this house? You can either schedule an in-person walkthrough, or one of our agents can take you on a virtual tour via video call.
Similar Properties
©2025 Triangle MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2025-11-26T19:18:49.000Z.