1602 Malta AVE, Raleigh, NC 27610
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$ 240,000
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1602 Malta AVE Raleigh, NC 27610

4 Beds

2 Baths

1,196 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,196 sqft

Price per Sqft $200

MLS Listing ID 4358614

Style Ranch

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 1,196

Year Built 1998

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Single Family Residence

Property Description

Opportunity knocks at 1602 Malta Ave in Raleigh! This 4-bedroom, 2-bath home offers 1,196 sqft of potential in one of Raleigh's fastest growing areas. Built in 1998, this property is primed for a full renovation or redevelopment play. R-10 Zoning and lot width allows for a large single family or duet-style two-unit townhome build (confirmed with Raleigh Development).

With an estimated flip ARV of $425,000 and nearby new builds selling above $1M , this is a strong value-add opportunity for investors looking to capitalize on the area's rapid appreciation. Whether you're planning a fix-and-flip or exploring new construction potential, the upside here is undeniable.

Full inspection report available—bring your contractor and your vision!

Location

State NC

County Wake

Zoning R-10

Rooms

Main Level Bedrooms 4

Main Level Bedroom(s)

Interior

Heating Central, Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric

Fireplace false

Appliance Dishwasher, Electric Range, Electric Water Heater, Exhaust Hood, Refrigerator with Ice Maker

Laundry Laundry Closet

Exterior

Street Surface Concrete,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Architectural Style Ranch

Level or Stories One

Structure Type Vinyl

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Acceptable Financing Cash, Nonconforming Loan, Private

Listing Terms Cash, Nonconforming Loan, Private

Special Listing Condition None


Listed by Jordan Smith • Realty One Group Revolution • realtorjordansmith@gmail.com
Anna Powell

Anna Powell

Team Leader

+1(910) 985-0441

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1602 Malta AVE