Step inside this home with a virtual tour
Take a virtual tour516 Peace Street
Raleigh, NC 27603Rich in character and full of timeless appeal, this well-maintained 1908 home offers a rare combination of historic charm and modern updates in a prime location. Featuring 10' ceilings, gleaming hardwood floors, a spacious foyer and central hallway, this inviting home also includes a generous living room, and a bright eat-in kitchen. Two bedrooms and one full bath complete the thoughtfully designed floor plan. Enjoy relaxing on the welcoming wraparound front porch or take advantage of the large rear parking area with convenient side alley access to a quiet neighborhood street. The home is in very good condition and has been updated with a new HVAC system and a newer hot water heater, providing peace of mind while preserving its classic character. Currently zoned NX-3 for Neighborhood Business, this versatile property offers exceptional flexibility. Continue to enjoy it as a charming residence or explore the many possibilities for a neighborhood business. A unique opportunity to own a property with historic charm, modern conveniences, and outstanding potential. Price Reduction!
- Exterior Features
- Interior Features
- Property Features
- Construction Materials Wood Siding
- Exterior Features Smart Camera(s)/Recording
- Lot Size Acres 0.12
- Parking Features Alley Access, Open, Paved
- Patio And Porch Features Covered, Porch, Wrap Around, See Remarks
- Structure Type Site Built
- Above Grade Finished Area 1,708
- Appliances Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator
- Cooling Central Air, Electric, Gas
- Cooling Y/N Yes
- Fireplace Features Decorative, See Remarks
- Fireplaces Total 4
- Flooring Ceramic Tile, Hardwood
- Heating None
- Interior Features Entrance Foyer, High Ceilings, Kitchen Island, Shower Only
- Laundry Features Laundry Room
- Rooms Total 5
- Community Features Sidewalks
- Lot Features Front Yard
- Tax Annual Amount 4741.77
- Water Source Public
- Year Built 1908
Additional Property Information
- TypeSingle Family Residence
- Built1908
- NeighborhoodNot in a Subdivision
- CountyWake
- AreaRaleigh
- Elementary SchoolWake - Wiley Elementary
- Middle SchoolWake - Oberlin Middle
- High SchoolWake - Needham Broughton High
Listing courtesy of Berkshire Hathaway HomeService. © 2026 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.