124 E Cabarrus St
Raleigh, NC 27601
CentralHome Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.81 | Lot/Land | $470,000 | 09/26/25 | - | - | ||
0.78 | Lot/Land | $240,000 | 03/17/26 | - | - | ||
0.78 | Lot/Land | $240,000 | 03/17/26 | - | - | ||
0.63 | Lot/Land | $2,550,000 | 01/06/26 | - | - | ||
0.81 | Lot/Land | $223,500 | 02/23/26 | - | - | ||
0.81 | Lot/Land | $223,500 | 02/23/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $469,000 | 2 | 2.5 | 1,445 | For Sale | |
0.04 | $510,220 | 2 | 2.5 | 1,470 | Recently Sold | |
0.05 | - | 1 | 1.5 | 985 | Off Market | |
0.05 | - | 1 | 1.5 | 941 | Off Market | |
0.05 | $597,900 | 3 | 3 | 1,937 | Off Market | |
0.05 | $317,500 | 1 | 1.5 | 920 | Recently Sold | |
0.05 | - | 1 | 1.5 | 958 | Off Market | |
0.05 | $515,000 | 2 | 2.5 | 1,459 | Recently Sold | |
0.05 | $319,000 | 1 | 1 | 714 | For Sale | |
0.05 | $501,000 | 2 | 2.5 | 1,486 | Off Market | |
0.05 | - | 1 | 1.5 | 938 | Off Market |
Local Information
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Home Highlights
Property Type
Lot/Land
About this House
OFFERS RECEIVED- Deadline is 12pm March 7 for submissions. Rare Find: Income-Generating Downtown Parking Lot Adjacent to the Historic Lincoln Theatre This exceptional property presents a unique opportunity for developers and investors seeking a prime foothold in the heart of Raleigh's vibrant Central Business District. Situated on a highly visible corner lot at 124 E. Cabarrus St., this .09 acre property enjoys immediate proximity to the renowned Lincoln Theatre, a cultural landmark. Currently operating as a successful parking lot with a management lease, the property generates consistent income while offering significant upside potential.
Last check for updates: about 10 hours ago
Listed by Meredith Mclaurin Little, (919) 757-2175
Hodge & Kittrell Sotheby's Int
Bought with: Non Member, Non Member Office
Source: Doorify MLS, MLS#10071291

Home Details for 124 E Cabarrus St
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Appliances & Utilities Utilities: Electricity Available |
View Has a View |
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Exterior Home Features No Private Pool |
Frontage Road Frontage: City StreetRoad Surface Type: Alley Paved, Asphalt, ConcreteNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land, Land |
Property Information Parcel Number: 1703765810 |
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Price List Price: $840,000 |
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MLS Status: Closed |
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Direction & Address City: RaleighCommunity: Not in a Subdivision |
School Information Elementary School: Wake County SchoolsJr High / Middle School: Wake County SchoolsHigh School: Wake County Schools |
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No HOA |
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Lot Area: 3920.4 sqft |
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Special Conditions: Standard |
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Mls Number: 10071291 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 18, 2025 Source: Doorify MLS #10071291 | Sold | $800,000 |
Mar 8, 2025 Source: Doorify MLS #10071291 | Pending | $840,000 |
Feb 28, 2025 Source: Doorify MLS #10071291 | PriceChange | $840,000 Price decreased by 30% |
Jan 16, 2025 Source: Doorify MLS #10071291 | Listed For Sale | $1,200,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $9,397 | $999,600 |
Home facts updated by county records
Market trends in Raleigh
Last updated July 2026
Avg. sale price
$440K
$8.33KMoM
Sale-to-List Price
98.9%
Price per sq ft
$235
$1MoM
Available listings
2216
26MoM
Around this home
What Locals Say about Central
At least 43 Trulia users voted on each feature.
80 % Say there are sidewalks
79 % Say it's dog friendly
76 % Say parking is easy
73 % Say there's holiday spirit
71 % Say people would walk alone at night
70 % Say car is needed
69 % Say it's walkable to restaurants
67 % Say streets are well-lit
52 % Say yards are well-kept
43 % Say it's quiet
41 % Say neighbors are friendly
37 % Say they plan to stay for at least 5 years
36 % Say there's wildlife
35 % Say kids play outside
31 % Say it's walkable to grocery stores
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
Frequently asked questions about 124 E Cabarrus St
- What is the price history for 124 E Cabarrus St?124 E Cabarrus St in Raleigh, NC last sold for $800,000 in August 2025.
- Is Raleigh a buyer's or seller's market?Raleigh is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Raleigh?The median sale price in Raleigh is $440K. That is up $8.33K from the prior month.
- What do residents say about the Central neighborhood?Residents describe the Central neighborhood in Raleigh, NC as pedestrian-friendly, dog-friendly, and easy to park in. See recently sold homes in Central, Raleigh.

