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39 photos

$398,000

718 Powell Drive, Raleigh, NC 27606
Raleigh, NC 27606
Listed by Andrew Suriano · ASA Properties NC, LLC
Bedrooms
0
Bathrooms
2
Living area
N/A
Year built
1928

About this home

Rare opportunity to own a classic log cabin-style home in the heart of Raleigh, conveniently located near NC State University and Downtown Raleigh. Situated on a wooded lot, the property offers ample off-street parking and a private backyard featuring a patio and fire pit. The 3 bedroom, 2 bath home was lightly renovated in 2009, including refinished hardwood floors, an updated downstairs full bathroom, and an expanded living area. The property offers multiple possibilities for an owner-occupant or investor, including continued residential use, potential student housing, or redevelopment with new construction. A unique opportunity to own a character filled property in a highly desirable Raleigh location with convenient access to NC State, Downtown, shopping, dining, and major roadways.

Property details

MLS
Doorify MLS
MLS #
10199316
Property type
Single Family Residence
Subdivision
100 Edenburgh Condos
Status
Active
Days on market
2
On market date
October 20, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.31 acres
Loading map…

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
Adams Elementary
2.77 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
512
Student:teacher ratio
11.4:1
District
Wake County Schools
Middle
East Cary Middle
2.96 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
631
Student:teacher ratio
13.4:1
District
Wake County Schools
High
Athens Drive High
0.87 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
2,042
Student:teacher ratio
16.1:1
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).

74
Walkable
out of 100
EPA National Walkability Index
14.7 / 20 -- Above average walkable
Google Places amenity density
75 / 100
Restaurants & cafes12
Grocery stores1
Parks5
Schools13
Transit stops20
Pharmacies0

Market position

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

On the market 2 days -- 87 fewer days than Raleigh's current average of 89 days.
For reference, the median list price across 2,873 active listings in Raleigh right now is $379,900.

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$2,547/mo
$79,600 down
$318,400 loan
Principal & interest$2,065
Property tax (est.)$332
Home insurance (est.)$150

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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 1 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.