Front - 504 Banks Street, Raleigh
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ADU bed - 504 Banks Street, Raleigh
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DJI_20261007104723_0020_D - 504 Banks Street, Raleigh
all_floors_504_banks_street_raleigh_with - 504 Banks Street, Raleigh
34 photos

$695,000

Bedrooms
3
Bathrooms
2.5
Living area
N/A
Year built
1958
504 Banks Street
Raleigh, NC 27604
Listed by Compass -- Raleigh

Highlights

Property type
Single Family Residence
Lot size
0.23 acres
On market
30 days

About this home

Sellers are offering $5,000 credit a interest rate buy-down. Welcome to this beautifully updated ranch with 2,126 sq. ft. of livable space, including a 455-sq. ft. ADU. Nestled inside the beltline, this home features vaulted ceilings, original hardwood floors, and natural lighting as well as truly unique ones like a separate living space, covered parking, and programmable Rain Bird irrigation. The house lives large with ample storage and thoughtful, custom organization throughout. A tankless water heater, sealed crawl space, energy-efficient windows, and EV charger offer sustainability benefits. You'll enjoy being within walking distance to restaurants like Mala Pata and Fiction Kitchen, bars like Natural Science, and the Union Special bakery. You're also within 2 miles of the many restaurants and shops at Iron Works and Person Street, as well as ones on Brookside like Big Cat.

Property details

MLS
Doorify MLS
MLS #
10197315
Property type
Single Family Residence
Subdivision
Woodcrest
Status
Active
Days on market
30
On market date
October 8, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.23 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Conn Elementary
0.71 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
462
Student:teacher ratio
11.8:1
District
Wake County Schools
Middle
Ligon Middle
2.19 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
952
Student:teacher ratio
15.1:1
District
Wake County Schools
High
Enloe High
1.23 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
2,416
Student:teacher ratio
17.0:1
District
Wake County Schools

Walkability

Blended score for Raleigh's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

79
Walkable
out of 100
EPA National Walkability Index
14.8 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores3
Parks5
Schools10
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in Raleigh, from live MLS data.

On the market 30 days -- 54 fewer days than Raleigh's current average of 84 days.
For reference, the median list price across 2,849 active listings in Raleigh right now is $380,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$4,335/mo
$139,000 down
$556,000 loan
Principal & interest$3,606
Property tax (est.)$579
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.