Capitol Heights Homes for Sale

Capitol Heights Homes for Sale

Welcome to Capitol Heights, a charming and vibrant subdivision nestled in the heart of Raleigh, North Carolina. This delightful community offers the perfect blend of suburban tranquility and urban convenience, making it an ideal choice for families, young professionals, and retirees alike. With its tree-lined streets, friendly neighbors, and a strong sense of community, Capitol Heights is a place where you can truly feel at home.

One of the standout features of Capitol Heights is its diverse range of homes for sale. Whether you’re looking for a cozy bungalow, a modern townhouse, or a spacious single-family home, you’ll find a variety of options to suit your lifestyle and preferences. Each property boasts unique architectural styles and well-maintained interiors, ensuring that you can find a residence that resonates with your personal taste.

The location of Capitol Heights is simply unbeatable. Situated in Wake County, it offers easy access to the vibrant city of Raleigh, where you can enjoy an array of dining, shopping, and entertainment options. With nearby parks, walking trails, and recreational facilities, outdoor enthusiasts will appreciate the abundance of green spaces and activities just a stone's throw away.

Families will also benefit from the highly-rated schools in the area, ensuring that children receive a quality education. With a strong sense of community and a commitment to maintaining a welcoming atmosphere, Capitol Heights is not just a place to live; it’s a place to thrive. Explore the homes for sale in Capitol Heights today and discover the perfect setting for your next chapter!

Newest Capitol Heights Homes for Sale

$625,000
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 .