550 Jones Street

Raleigh, NC 27601
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3 images $1,800,000 View home

Historic Oakwood

550 E Jones Street, Raleigh NC 27601

Status: Active, MLS #10172633 Courtesy of Steeloak Residential LLC.
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550 Jones Street

Raleigh, NC 27601
Active ID# 10172633

Rare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision feasibility, zoning compliance, utility availability, and all applicable governmental approvals. 550 E Jones St. and the neighboring 552 E Jones St. are being listed together and are being sold together for a total asking price of $1,800,000 for .43 acres in the Highly Desirable neighborhood of Historic Oakwood in Downtown Raleigh.

$1,800,000 bedrooms full bathrooms 0.14 acres
  • Fencing None
  • Lot Size Acres 0.14
  • Other Structures None
  • Lot Features Back Yard, City Lot, Hardwood Trees, Interior Lot, Rectangular Lot, Driveway, Sidewalks
  • Tax Annual Amount 3951.28
  • Water Source Public

Additional Property Information

  • TypeUnimproved Land
  • Built
  • NeighborhoodHistoric Oakwood
  • CountyWake
  • AreaRaleigh
  • Elementary SchoolWake - Conn Elementary
  • Middle SchoolWake - Oberlin Middle
  • High SchoolWake - Needham Broughton High
More Info on School Ratings
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Listing courtesy of Steeloak Residential LLC. © 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 2026-06-09T11:02:50.000Z.