LKV Realty
Logo
$1,295,000
$6,000Reward *
516 W Peace Street, Raleigh, NC 27603Listing ID 10183887

516 W Peace Street, Raleigh, NC 27603

Active
Time on site: 15 daysLast updated: Aug 3, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
1
Square Feet
Square Feet
1,708
Acres
Acres
0.12
Days on Site
Days on Site
15
Cooling
Cooling
Central Air, Electric, Gas
Heating
Heating
None
Year Built
Year Built
1908
Stories
Stories
1
Parking
Parking
Alley Access, Open, Paved

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.

Property Information

Property Details

Location

Address
516 W Peace Street
County
Wake
City
Raleigh
Zip Code
27603
High School
Wake - Needham Broughton High
Elementary School
Wake - Wiley Elementary
Amanda WilliamsBerkshire Hathaway HomeService, (919) 782-6641

Interior Features

Beds and Baths

Bedrooms
2
Main Level Bedrooms
2
Full Bathrooms
1

Building

Building Information

Square Feet
1,708
Year Built
1908
Stories
1
Construction
Wood Siding
Foundation
Brick/Mortar
Roof
Shingle

Financial

Special Conditions
Seller Licensed Real Estate Professional

Property Taxes

Tax Annual Amount
$4,742
Tax Year
2022

Market Report for 27603

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Doorify MLS, Inc.
Doorify MLS, Inc. logo

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

R15507