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Vacant lot located at 3904 Thelma St in Raleigh, offering a great opportunity for a custom build or long-term investment. Conveniently situated with access to nearby established residential areas, this parcel provides a flexible canvas for future development. Buyer to encouraged to confirm utilities, zoning, and permitted uses with the City of Raleigh and Wake County.

Vacant lot located at 3904 Thelma St in Raleigh, offering a great opportunity for a custom build or long-term investment. Conveniently situated with access to nearby established residential areas, this parcel provides a flexible canvas for future development. Buyer to encouraged to confirm utilities, zoning, and permitted uses with the City of Raleigh and Wake County.

3904 Thelma St, Raleigh

2.33 acres - 5 DETACHED HOMES with City Utilities (2 rented) and a 6th vacant lot ready to build, each with Family room, 2 Bed rooms, 1FB on 2.33 acres of prime land offNew Bern Ave, close to Wake Med and just 5 miles from downtown Raleigh! Terrific investment opportunity! Some work needed in 3 of the 5 homes beforethey can be occupied. BEING SOLD 'AS IS'. No Appraisal contingency. Average rent is $750/month. Much higher rent potential. There are no long term leases so buyer can start with new tenant/rent. Please check the new Raleigh zoning and potentail for multiple homes and ADU units. Home is said to bein one of Raleigh's redevelopment areas. Please check https://Useful info at: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance

2.33 acres - 5 DETACHED HOMES with City Utilities (2 rented) and a 6th vacant lot ready to build, each with Family room, 2 Bed rooms, 1FB on 2.33 acres of prime land offNew Bern Ave, close to Wake Med and just 5 miles from downtown Raleigh! Terrific investment opportunity! Some work needed in 3 of the 5 homes beforethey can be occupied. BEING SOLD 'AS IS'. No Appraisal contingency. Average rent is $750/month. Much higher rent potential. There are no long term leases so buyer can start with new tenant/rent. Please check the new Raleigh zoning and potentail for multiple homes and ADU units. Home is said to bein one of Raleigh's redevelopment areas. Please check https://Useful info at: https://user-2081353526.cld.bz/UnifiedDevelopmentOrdinance

4009 Virginia St, Raleigh

Income-producing duplex in the heart of Raleigh at 3809 Virginia St, featuring one 5 bed / 5 bath unit and one 4 bed / 4 bath unit. Both units are currently leased by room on a week-to-week basis, offering immediate cash flow with flexibility for a new owner. Strong investment opportunity.

9 Beds ⋅ 9 Baths ⋅ 10160890 MLS

Income-producing duplex in the heart of Raleigh at 3809 Virginia St, featuring one 5 bed / 5 bath unit and one 4 bed / 4 bath unit. Both units are currently leased by room on a week-to-week basis, offering immediate cash flow with flexibility for a new owner. Strong investment opportunity.

3809 Virginia St, Raleigh

Income-producing duplex in the heart of Raleigh at 3814 Thelma St, that lives like one 4 bed / 4 bath unit and one 4 bed / 4 bath unit. Both units are currently leased on a week-to-week basis, offering immediate cash flow with flexibility for a new owner. Strong investment opportunity. Home to be professionally measured. Property is occupied by tenants. 24 hour notice required for showings.

4 Beds ⋅ 8 Baths ⋅ 10160898 MLS

Income-producing duplex in the heart of Raleigh at 3814 Thelma St, that lives like one 4 bed / 4 bath unit and one 4 bed / 4 bath unit. Both units are currently leased on a week-to-week basis, offering immediate cash flow with flexibility for a new owner. Strong investment opportunity. Home to be professionally measured. Property is occupied by tenants. 24 hour notice required for showings.

3814 Thelma St, Raleigh

Vacant lot located at 3900 Thelma St in Raleigh, offering a great opportunity for a custom build or long-term investment. Conveniently situated with access to nearby established residential areas, this parcel provides a flexible canvas for future development. Buyer encouraged to confirm all utilities, zoning, and permitted uses with the City of Raleigh and Wake County.

Vacant lot located at 3900 Thelma St in Raleigh, offering a great opportunity for a custom build or long-term investment. Conveniently situated with access to nearby established residential areas, this parcel provides a flexible canvas for future development. Buyer encouraged to confirm all utilities, zoning, and permitted uses with the City of Raleigh and Wake County.

3900 Thelma St, Raleigh

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .