About This Home

This 2-bedroom, 1-bathroom single family at 516 W Peace Street in Raleigh, NC is listed for $1,195,000 ($700 per sqft). Built in 1908, the home offers 1,708 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1908
  • 0.12 acre lot
  • Fireplace

Property Details

1 story
1 full
1908

Amenities

FireplaceHardwoodA/C
Listing Description

Rich in character and full of timeless appeal, this well-maintained 1908 home offers a rare combination of historic charm and modern updates in a prime location. Featuring 10' ceilings, gleaming hardwood floors, a spacious foyer and central hallway, this inviting home also includes a generous living room, and a bright eat-in kitchen.

Two bedrooms and one full bath complete the thoughtfully designed floor plan. Enjoy relaxing on the welcoming wraparound front porch or take advantage of the large rear parking area with convenient side alley access to a quiet neighborhood street. The home is in very good condition and has been updated with a new HVAC system and a newer hot water heater, providing peace of mind while preserving its classic character.

Currently zoned NX-3 for Neighborhood Business, this versatile property offers exceptional flexibility. Continue to enjoy it as a charming residence or explore the many possibilities for a neighborhood business. A unique opportunity to own a property with historic charm, modern conveniences, and outstanding potential. Price Reduction!

Monthly Cost Estimate

$6,391/mo

20% down · 6.5% · 30 years

Principal$864
Interest$5,178
Insurance$349

Estimates only. Actual payments may vary.

Location

516 W Peace Street

Raleigh, NC 27603

Not in a Subdivision

Features & Amenities

Interior Features

Entrance FoyerHigh CeilingsKitchen IslandShower Only

Exterior Features

Smart Camera(s)/Recording

Property Details

Flooring

Tile - CeramicHardwood

Construction

Wood Siding

Outdoor Features

Porch

Parking

AlleyOpen

Cooling

ElectricGas (Cooling)Central Air

Appliances

DishwasherFree-Standing Electric RangeFree-Standing Refrigerator

Questions & Answers

This 2-bedroom, 1-bathroom single family at 516 W Peace Street is listed at $1,195,000 ($700/sqft). The estimated monthly payment is $6,392 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1908, 0.12 acre lot, Fireplace. Interior Features: Entrance Foyer, High Ceilings, Kitchen Island. Exterior Features: Smart Camera(s)/Recording.

This property is listed by Amanda Williams.

AW

Amanda Williams

Agent at Berkshire Hathaway HomeServices York Simpson Underwood Realty

Listed by Berkshire Hathaway HomeServices York Simpson Underwood Realty · Broker phone: (888) 778-2276 · View on Broker Site · Broker website

MLS# 10183887· Source: Doorify MLS· 93 days on PropertySimple

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

516 W Peace Street, Raleigh, NC 27603

Open this listing in: