Capitol Heights Homes with Wake - Ligon Middle Middle School

Capitol Heights Homes with Wake - Ligon Middle Middle School

Welcome to Capitol Heights, a charming subdivision nestled in the heart of Raleigh, North Carolina. This vibrant community is perfectly situated in Wake County, offering residents the ideal blend of suburban tranquility and urban convenience. With its tree-lined streets and friendly neighbors, Capitol Heights is a place where families can thrive and build lasting memories.

One of the standout features of this subdivision is its proximity to top-rated educational institutions, including Wake - Ligon Middle School, which is just a stone's throw away. This makes Capitol Heights an excellent choice for families looking to provide their children with a quality education. The school is renowned for its dedicated staff and engaging curriculum, ensuring that students are well-prepared for their future academic endeavors.

Homes in Capitol Heights showcase an array of architectural styles, from charming bungalows to modern two-story residences, catering to diverse tastes and lifestyles. Many properties feature spacious yards, perfect for outdoor activities and family gatherings. The community is also conveniently located near parks, shopping centers, and dining options, making it easy to enjoy all that Raleigh has to offer.

Residents of Capitol Heights benefit from a strong sense of community, with regular neighborhood events and activities that foster connections among neighbors. Whether you’re enjoying a leisurely stroll through the streets or participating in local festivities, you’ll quickly feel at home in this welcoming environment.

Discover the charm of Capitol Heights, where quality living meets community spirit, and find your dream home today!

Newest Capitol Heights Homes with Wake - Ligon Middle Middle School

$599,000
8 Beds ⋅ 2 Baths ⋅ 10180777 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a cash-flowing asset in one of Raleigh's most desirable and rapidly evolving urban neighborhoods. Located at 700 Glascock Street, this income-producing property sits on a highly visible corner lot comprising approximately 0.22 acres and offers investors immediate returns alongside compelling long-term redevelopment potential. The property is zoned R-10 and positioned within one of Raleigh's most active redevelopment corridors. Surrounded by luxury new construction and high-end infill development, the site is ideally situated to benefit from continued neighborhood growth and increasing land values. Currently operating as an 8-room income-producing property generating approximately $62,700 in annual gross income ($5,225/month), the asset benefits from strong rental demand and flexible month-to-month occupancy agreements. The property has been well maintained and improved, with major updates already completed, including a new roof in 2023; HVAC systems installed in 2019; furnaces replaced in 2018 and 2019; a hot water heater installed in 2019; updated bathrooms and kitchen cabinetry in 2023; new windows installed in 2024 and 2025; new gutters in 2025; and fresh interior and exterior paint completed in 2025. Public water and sewer service, along with approximately 10 off-street parking spaces, further enhance the property's functionality and appeal. Beyond the property's income potential, the location offers the highly desirable lifestyle amenities driving demand throughout Downtown Raleigh's urban core. Residents are close to a growing collection of restaurants, retail destinations, and neighborhood gathering spots while enjoying convenient access to Oakwood Park, Gateway Plaza, area schools, greenway trails, and public transit. A nearby dog park and numerous recreational amenities further enhance the area's appeal. The combination of connectivity, and the city's sought-after "live, work, play" lifestyle makes this location particularly attractive to both tenants and long-term investors. Whether pursuing stable cash flow, a value-add investment strategy, land banking, or future redevelopment, 700 Glascock Street offers multiple paths to value creation in one of Raleigh's strongest growth markets. Opportunities combining current income, corner-lot positioning, and proximity to Downtown Raleigh are increasingly difficult to find.

700 Glascock 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 .