(864) 362-2375
$398,000
718 Powell Drive, Raleigh, NC 27606
0Beds
2Baths
1,940SQFT
0.31Acres
1928YearYear Built
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.
Location
Key Facts
Status: Active
Type: Residential
Neighborhood: Not in a Subdivision
Annual Taxes: $3,563
HOA Fees: $0
MLS: Doorify
MLS #: 10199316
Features
Single Family Residence
Mortgage Calculator
$2,013Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $398,000
Status: Active — For Sale
Days on market: 2
Last updated: Oct 21, 2026
Schools
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Listing courtesy of ASA Properties NC, LLC
Source MLS #: 10199316
Last updated: Oct 21, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.