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2505 Newbold St, Raleigh, NC, 27603

2beds
1baths
744sqft
$240,000
$323price/sqft
$1,668/moest. monthly cost
$66,720/yrincome needed

About This Home

Welcome to 2505 Newbold Street, where affordability, convenience, and future potential come together in one of Raleigh's most exciting growth corridors. Situated just minutes from Downtown Raleigh, this charming home offers quick access to restaurants, breweries, shopping, entertainment, major highways, and everything that makes downtown living so desirable. What truly sets this property apart is its proximity to the transformative Downtown South district. As this area continues to attract significant public and private investment, homeowners have the opportunity to own property in a location poised for continued growth and revitalization. Ongoing development throughout South Raleigh and the Dix Park area continues to reshape the surrounding community with new residential, retail, office, dining, and recreational destinations, making this an increasingly desirable place to live and invest. Whether you're a first-time homebuyer looking to build equity, an investor seeking a property in an appreciating location, or someone who wants to be close to the energy of downtown without paying downtown prices, 2505 Newbold Street checks all the boxes. Don't miss your opportunity to own a home in one of Raleigh's fastest-evolving neighborhoods.

Getting Around

46
WalkingCar-Dependent
44
TransitSome Transit
36
BikeSomewhat Bikeable

Schools

7/10
Fuller ElementaryGrades PK-51.1 mi
7/10
Ligon MiddleGrades 6-81.8 mi
8/10
Athens Drive HighGrades 9-124.1 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage, Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: In Unit

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Granite Counters
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Hardwood,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 744
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric,None
  • Cooling features: Central Air

Interior Area

  • Total structure area: 744
  • Total interior livable area: 744 sqft

Property

Details

  • Parcel number: 170207670732000 0075133
  • Zoning: R-10
  • Special condition: Seller Licensed Real Estate Professional

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck
  • Has view: Yes

Lot

  • Lot size: 9,147 sqft

Parking

  • Total spaces: 1
  • Parking features: Covered,Driveway,Other
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Heat Wave
Ice Storm
Tornado
Winter Weather

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$82$984
Property Taxes $173$2,076
Electricity $200$2,405
Total$1,668$20,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$57,188/yr
40% on housing$50,040/yr
45% on housing$44,480/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$323This listing

vs Other Active Listings

Avg $/sqft

ZIP 27603$221
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27603$212
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-28Listed for sale$240,000
2026-07-17Listing removed$1,397
2026-06-29Listed for rent$1,397
2022-06-07Listing removed--
2022-05-24Price change$1,397
2022-05-03Listed for rent$1,350
2019-07-25Listing removed$1,295
2019-06-21Listed for rent$1,295
2019-02-27Listing removed$1,295
2018-10-28Listed for rent$1,295
2018-09-26Sold$73,000
2005-09-27Sold$80,000
2002-02-26Sold$75,000

For Sale by Agent

AgentUriah Dortch
BrokerageRealty Raleigh

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