513 Cleveland Street
Raleigh, NC 27605Excellent investment and redevelopment opportunity in the heart of Raleigh! This 1920s Craftsman features four individual units. Nestled on a quiet street in the highly desirable Glenwood-Brooklyn Historic District, this property combines neighborhood charm with unbeatable convenience. Enjoy being just minutes from grocery stores, acclaimed restaurants, Fletcher Park, and close proximity to downtown Raleigh. Currently configured as a stripped-down quadplex, the footprint provide the perfect shell for a high-end single-family conversion. Alternatively, rehab the existing four 1-bed/1-bath units to capture premium rental rates in a Class-A location.
$650,000
bedrooms
4 full bathrooms
0.09 acres
2,110 square feet
$308 per square foot
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Brick
- Lot Size Acres 0.09
- Parking Features Off Street, Additional Parking
- Structure Type Quadruplex
- Above Grade Finished Area 2,110
- Basement Walk-Out Access
- Cooling Wall/Window Unit(s)
- Cooling Y/N Yes
- Flooring Hardwood, Parquet
- Heating Other, See Remarks
- Heating Y/N Yes
- Tax Annual Amount 5417.49
- Water Source Public
- Year Built 1920
Additional Property Information
- TypeQuadruplex
- Built1920
- NeighborhoodGlenwood
- CountyWake
- AreaRaleigh
- Elementary School
- Middle School
- High School
Listing courtesy of The Alston Real Estate Group. © 2026 Triangle MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
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©2026 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 2026-07-03T12:45:33.000Z.