2467 Milburnie Rd, Raleigh, NC 27610

$365,000
3
BD
2
BA
1,088
SqFt

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Seller Representative Compass -- Cary

List Price
$365,000
Price Change
▼ $15,000 1784996460
Status
ACTIVE
MLS#
10168560
Bedrooms
3
Bathrooms
2
Full-baths
1
Half-baths
1
Living Area
1,088
Lot Size
14,810
Subdivision
Lockwood
Year Built
1962
Acres
0.34

Property Description

Just minutes from Downtown Raleigh, this brick ranch home in Raleigh's growing Lockwood neighborhood presents an exciting opportunity for investors, builders, or buyers looking for their next project. Situated on a spacious .34-acre corner lot, the 1962 single-family home offers approximately 1,000 square feet with 3 bedrooms and 1.5 baths -- making it an ideal tear-down, renovation, rental property, or fixer-upper opportunity in a location where land and proximity to downtown continue to grow in value. The oversized corner lot is truly the standout feature, offering exceptional potential in an area surrounded by ongoing growth and redevelopment. Conveniently located near WakeMed Hospital, Raleigh Country Club, Alamo Drafthouse Cinema Raleigh, I-440, and all the dining, entertainment, and energy of Downtown Raleigh, this property is perfectly positioned for someone ready to reimagine its next chapter.

Additional Information

Style
Ranch
Foundation
Pillar/Post/Pier, Crawl Space
Elementary School
Wake - Douglas Elementary
Middle School
Wake - Martin Middle
High School
Wake - William G Enloe High
Water
Public
Flooring
Hardwood, Tile
Roof
Shingle
Heating
Central

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Calculator source: Real Geeks

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .