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1113 Mark St, Raleigh, NC, 27601

1beds
1baths
1,182sqft
$196,000
$166price/sqft
$1,381/moest. monthly cost
$55,240/yrincome needed

About This Home

Investor's Dream Opportunity in the Growing Raleigh Market! Unlock the potential of this prime investment property located within the rapidly expanding city limits of Raleigh, NC. Whether you're looking to renovate, rent, or redevelop, this property offers endless possibilities for savvy investors. What makes this opportunity truly unique is the potential for assemblage this property can be combined with additional neighboring properties owned by the seller, creating a rare chance to secure a larger footprint in one of Raleigh's most sought after growth corridors. Surrounded by ongoing development, increasing property values, and strong demand, this location positions you for both immediate and long term returns. Conveniently located near major roadways, shopping, dining, and everything Raleigh has to offer. Don't miss your chance to invest in one of North Carolina's fastest growing markets with expansion potential already in place.

Getting Around

60
WalkingSomewhat Walkable
61
TransitGood Transit
70
BikeVery Bikeable

Schools

5/10
Joyner ElementaryGrades PK-53.4 mi
7/10
Needham Broughton HighGrades 9-121.9 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Other
  • Roof: Shingle
  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

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

Features

  • Flooring: Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,182

Heating & Cooling

  • Heating features: Other
  • Cooling features: Multi Units

Interior Area

  • Total structure area: 1,182
  • Total interior livable area: 1,182 sqft

Property

Details

  • Parcel number: 170315734936000 0075528
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes

Lot

  • Lot size: 4,791 sqft

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
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Hail
Heat Wave

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 $991$11,892
Home Insurance *$49$588
Property Taxes $141$1,692
Electricity $200$2,405
Total$1,381$16,572
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$47,348/yr
40% on housing$41,430/yr
45% on housing$36,826/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

$166This listing

vs Other Active Listings

Avg $/sqft

ZIP 27601$272
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27601$378
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
2026-06-04Listed for sale$196,000
2002-07-11Sold$20,000
1991-05-31Sold$20,000

For Sale by Agent

AgentSandy Ballesteros
BrokerageRealty One Group Greener Side

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