3 months on rocket

2808 Marion Rd, Raleigh, NC, 27610

$2,500,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
10 Full Baths
3,360 SqFt
$744/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2808 Marion Rd, Raleigh$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
Year BuiltNew Const., 2024
HeatingHeat Pump
CoolingENERGY STAR Qualified Equipment, Heat Pump
MLS #10047059
Lot Size1.18 Acres
StatusActive

About 2808 Marion Rd

An exceptional development opportunity awaits! Three contiguous lots spanning over 1.5 acres are now available for sale, offering both immediate income and long-term growth potential. The offering includes a newly constructed 10-room / 10-bath duplex, set for completion in December 2024, with projected rental income exceeding $6,500 per month. The sale comprises three parcels: 512 Rush St. (Lot 7A), 2806 Marion Road (Lot 7B), and 2808 Marion Road (Land / Lot 8X). Developers can buy and hold, generating immediate rental income, or further capitalize on the potential by adding additional structures. For more details, refer to MLS#: 10047059 (516 Rush St.). Owner financing is available, making this a prime opportunity for investors.

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 2024
  • Living Area: 3,360 SqFt

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Marianne Mansour

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Exhaust Fan, Electric Range, Refrigerator
  • Flooring Type: Simulated Wood, Tile, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 10
  • Total Bedroom Count: 10

Lot Features

Lot Information:

  • Lot Size: 1.18 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: ENERGY STAR Qualified Equipment, Heat Pump

Other

Directions Information:

  • Directions: Take 440 E to US-64W. Take Exit toward Hammond Road. Left on Hammond Road. Left onto Rush St. Right onto Marion Road. Destination is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $744/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Raleigh, NC.

Map thumbnail provided by MapBox

Raleigh, NC

City

Med. Sold Price

$442.3K

Med. Price/SqFt

$233

Avg. Days On Market

36

# of Sold Homes

467

2808 Marion Rd vs Raleigh

91 DAYS ON ROCKET

+55 Days

$2,500,000

+$2.0M More

$744/SqFt

+$510 More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $510/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10047059

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Marianne Mansour

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 10:21:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-465632
4
/10

  • Pave Southeast Raleigh Charter

  • 3420 Idlewood Village Dr

  • 0.80 miles

  • Public Charter Grades KG-6

school-card-donut-465633
4
/10

  • Southeast Raleigh Elementary School

  • 1436 Rock Quarry Rd

  • 1.69 miles

  • Public District Grades PK-5

school-card-donut-465634
5
/10

  • Fuller Magnet Elementary School

  • 2600 Timber Dr

  • 1.88 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,133. Most Raleigh, NC residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Wake County›Raleigh›27610›2808 Marion Rd

This home is located at 2808 Marion Rd in Raleigh, NC and zip code 27610 in the Home Acres neighborhood. This 3,360 square foot home, which was built in 2024, sits on a 1.18 acre lot. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $2,500,000.

Raleigh, NC housing market in October 2024 saw over 94 listings sold above listed price, more than 103 sold at listed price and over 270 sold below. In October 2024 in Raleigh, NC there were 2.3% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $442,333, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources