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$375,000

149 Prospect Avenue, Raleigh, NC 27603
Raleigh, NC 27603
Listed by Jennifer Franklin · EXP Realty LLC - C
Bedrooms
0
Bathrooms
1.5
Living area
1,085 sqft
Year built
1968

About this home

Amazing views of downtown Raleigh from this lot in Caraleigh Mills! Investors and Developers, this is the one!! With a cemetary across the street, no other homes can go up to impede the amazing view a home has from this lot of downtown Raleigh. Current home can be rehabbed, but with larger homes selling in the neighborhood and right beside it, it's time to take advantage of all this lot has to offer. Current home is habitable, but the value is in the lot.

Property details

MLS #
100604161
Property type
Single Family Residence
Subdivision
Other
Status
Active
Days on market
25
On market date
September 17, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.19 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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Farmington Woods Elementary
7.21 mi away · Grades -1-5
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
616
Student:teacher ratio
13.1:1
District
Wake County Schools
Middle
Martin Middle
4.09 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
1,003
Student:teacher ratio
14.5:1
District
Wake County Schools
High
Needham Broughton High
1.94 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
2,098
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).

83
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores14
Parks14
Schools6
Transit stops20
Pharmacies1

Market position

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

On the market 25 days -- 78 fewer days than Raleigh's current average of 103 days.
For reference, the median list price across 2,844 active listings in Raleigh right now is $375,000.

Mortgage calculator

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Est. monthly payment
$2,408/mo
$75,000 down
$300,000 loan
Principal & interest$1,946
Property tax (est.)$313
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 21 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.