About 550 E Jones Street
Rare opportunity to acquire two Historic Oakwood adjacent lots in Downtown Raleigh with strong redevelopment potential. Preliminary review suggests the parcels may be suitable for subdivision into as many as four residential lots, creating an attractive opportunity for builders, developers, or investors. Buyer is solely responsible for conducting all due diligence and confirming subdivision feasibility, zoning compliance, utility availability, and all applicable governmental approvals. 550 E Jones St. and the neighboring 552 E Jones St. are being listed together and are being sold together for a total asking price of $1,800,000 for .43 acres in the Highly Desirable neighborhood of Historic Oakwood in Downtown Raleigh.
Features of 550 E Jones Street
| MLS® # | 10172633 |
|---|---|
| Price | $1,800,000 |
| Acres | 0.14 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Active |
Community Information
| Address | 550 E Jones Street |
|---|---|
| Subdivision | Historic Oakwood |
| City | Raleigh |
| County | Wake |
| State | NC |
| Zip Code | 27601 |
Amenities
| Utilities | Cable Available, Electricity Connected, Phone Available, Sewer Connected |
|---|---|
| View | City, Neighborhood |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | Back Yard, City Lot, Interior Lot, Rectangular Lot, Hardwood Trees, Driveway, Sidewalks |
|---|
School Information
| Elementary | Wake - Conn Elementary |
|---|---|
| Middle | Wake - Oberlin Middle |
| High | Wake - Needham Broughton High |
Additional Information
| Date Listed | June 8th, 2026 |
|---|---|
| Zoning | R-10 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Steeloak Residential LLC |
|---|