725 W Morgan St
$1,150,000
725 W Morgan St, Raleigh, NC 27603
For Sale
Multifamily
Mid High Rise
Active
Last Updated: 08/07/2026
3,234 sqft
Building Size
0.16 acres
Lot Area
Details:
Building Size: 3,234 sqft
Lot Area: 0.16 acres
Class: C
Units: 3
Year Built: 1920
Floors: 2
Highlights:
- Gravel parking in rear of building with a perpetual 9' easement through neighboring property.
- Prime location near Glenwood South, Boylan Heights, Downtown Raleigh, and Dorothea Dix Park
- Currently configured as three residential units, offering immediate rental income potential
- Flexible zoning supports office and residential mixed-use uses
- Unused rear portion of the site offers future development potential
Description:
725 W. Morgan Street offers a rare opportunity to acquire an income-producing asset in the heart of Downtown Raleigh with substantial redevelopment potential.
The approximately 3,234 SF building on 0.16 acres is currently configured as a multifamily property, providing immediate cash flow while allowing future flexibility for office, mixed-use, or redevelopment strategies.
In the heart of Raleigh within walking distance to nearby amenities including restaurants, shopping, hotels, banks, fitness and more.
Documents:
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| Raleigh-_W._Morgan_725.pdf |
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Location
Gallery
