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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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2601 Van Dyke Ave , Raleigh, NC 27607
$695,000
Est. Payment: $3,905.92/mo
3 Bed
2 Bath
1158 Sqft
0.2 Acres
Status: active | Days on site: 138
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Terri Bias
Operator/Brokerage Owner

House Description

TWO Redevelopment Opportunities - Forest Hills, Minutes to Village District. Rare opportunity for 2 side by side lots in established Forest Hills, just minutes from the Village District, Downtown Raleigh, and NC State. Set on a generous homesite with mature trees, 2601 Van Dyke Avenue offers multiple paths for investors, builders, and buyers—from renovating or expanding the existing ranch to pursuing a new custom build. The home was owned by the same family since it was built and features original hardwoods, solid construction, and plenty of character. Existing new-construction plans and permits are available at closing, providing a valuable head start for redevelopment. An adjacent parcel is also available, creating the potential for multiple new builds, an expanded homesite, or a private estate. Convenient to restaurants, coffee shops, shopping, parks, and Downtown amenities, this is a rare opportunity to invest in one of Raleigh's most desirable in-town locations. Property is being sold as-is, where-is.

Highlights

Listed by Jason Queen , Monarch Realty Co. , Triangle MLS, Inc. of North Carolina mls logo

Property Type

Residential

Lot/Acreage
0.2

Year Built

1939

County

Wake

Neighborhood

Not in a Subdivision

Listing ID

10170652

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Floor:Linoleum,Wood
Above Ground Sq Ft:1158
Water:Public

Exterior Features

Lot:City Lot,Few Trees
Lot Dimensions:59x150x56x152
Garage Capacity:3
Zoning:R-6
Roof:Shingle
Sewer:Public Sewer
Parking Features:Attached,Driveway,Off Street,On Street,Garage,Attached Garage
Principal Interest
$3,906
Taxes
$443

Home Price

$695,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$139,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,905.92

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,905.92 $443.06 $0.00 $4,348.99
Yearly $46,871.08 $5,316.75 $0.00 $52,187.83
Total $1,406,132.51 $159,502.50 $0.00 $1,565,635.01

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Raleigh, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-10-14T12:01:10.000Z

© 2026 Triangle MLS, Inc. of North Carolina

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