509 E Cabarrus St, Raleigh, NC 27601
Property image
Property image
OFF MARKET

509 E Cabarrus St
Raleigh, NC 27601

South Central
  • 3 Beds
  • 2 Baths
  • 1,149 sqft

$422,500

Trulia Estimate
as of Aug 22, 2026

$422,500

Trulia Estimate
as of Aug 22, 2026
  • 3 Beds
  • 2 Baths
  • 1,149 sqft

Home Highlights

Property Type
Single-Family Home
Year Built
1992
Living Area
1,149 sqft
Price/Sqft
$368
Parking
2 Parking Spaces

Local Information

  • Map ViewExplore the area around 509 E Cabarrus St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Available Now! Stunning 3BR/2BA one-story home in the heart of Downtown Raleigh! This home boasts a spacious open floor plan with beautiful bamboo floors throughout. The kitchen and primary bathroom feature sleek quartz countertops. Enjoy a private, fenced-in yard that is perfect for entertaining or relaxing outdoors. Located in a prime spot, you can walk to Transfer Food Hall, Lincoln Theatre, Marbles Museum, and Moore Square Park. Surrounded by top restaurants, shopping, and entertainment, this home offers the ultimate downtown lifestyle! *Pets negotiable with an annual/non-refundable $300 pet fee per pet
509 E Cabarrus St, Raleigh, NC 27601 is a 3 bedroom, 2 bathroom, 1,149 sqft single-family home in South Central, built in 1992. It last sold for $195,000 on Aug 23, 2013 (10,030% above the $1,925 asking price). More recently, it was listed as a rental in August 2025 with an asking price of $2,150 per month. That rental listing was removed on October 14, 2025. It is currently off market. The Trulia Estimate is $422,500, with a rent estimate of $2,173/month.

Home Details for 509 E Cabarrus St

Property Information

Year Built
Year Built: 1992
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 12 Months

Interior Features

Appliances & Utilities
Refrigerator

Exterior Features

Parking & Garage
Parking Spaces: 2Parking: Driveway On Street

Comparable Sales for 509 E Cabarrus St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
728 S Bloodworth St, Raleigh, NC
0.26
Single-Family Home
$490,000
07/24/26
3
2
1,080 sqft
305 Freeman St, Raleigh, NC
0.43
Single-Family Home
$337,500
03/24/26
3
2
1,215 sqft
725 S East St, Raleigh, NC
0.25
Single-Family Home
$595,000
12/11/25
3
2
1,398 sqft
815 S State St, Raleigh, NC
0.24
Single-Family Home
$225,000
07/30/26
5
2
2,075 sqft
534 E Lenoir St, Raleigh, NC
0.14
Single-Family Home
$592,500
06/01/26
3
2.5
1,490 sqft
602 Hay Ln, Raleigh, NC
0.18
Single-Family Home
$590,000
04/02/26
3
2.5
1,556 sqft
429 Alston St, Raleigh, NC
0.28
Single-Family Home
$370,000
11/21/25
3
1
960 sqft
601 E Hargett St, Raleigh, NC
0.32
Single-Family Home
$500,000
07/30/26
4
2
1,451 sqft
204 S State St, Raleigh, NC
0.50
Single-Family Home
$248,000
01/12/26
3
1
1,131 sqft
409 Alston St, Raleigh, NC
0.29
Single-Family Home
$582,000
05/13/26
2
2
912 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Around this home

Neighborhood Overview

South Central
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about South Central

At least 35 Trulia users voted on each feature.

  • 86 % Say it's dog friendly

  • 85 % Say parking is easy

  • 83 % Say there are sidewalks

  • 76 % Say there's holiday spirit

  • 72 % Say streets are well-lit

  • 69 % Say yards are well-kept

  • 67 % Say car is needed

  • 66 % Say neighbors are friendly

  • 62 % Say kids play outside

  • 61 % Say they plan to stay for at least 5 years

  • 58 % Say it's walkable to restaurants

  • 58 % Say people would walk alone at night

  • 58 % Say there are community events

  • 38 % Say there's wildlife

  • 38 % Say it's quiet

  • 31 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Best neighborhood in Raleigh. New cool modern homes everywhere! Good food also ! Lots of very friendly dogs "
    1
    Flag
  • Trulia User
    "I lived in this part of Raleigh 10 years ago. Has a small feeling with big city accommodations. The streets and parks are clean and safe to enjoy with the family."
    4
    Flag
  • Raul D.
    "A dangerous part of town that’s cheap and affordable. I live here because it’s affordable. Not the ideal place or neighborhood I’d like to be in. "
    202
    Flag
  • Dlbennet
    "I have lived in this area for the past 4 years and have really enjoyed it. On days with nice weather my wife and I consistently walk to the area around Raleigh Times and have a drink or just enjoy the area. Lots to do and see and there is always something going on. Crime has been no more of a problem for me than when I lived in Cary and all the extra entertainment and convenience really makes it a fun place to live. "
    4
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Oct 14, 2025
Source: Doorify MLS #10118731
ListingRemoved
$1,925
Sep 26, 2025
Source: Doorify MLS #10118731
PriceChange
$1,925
Price decreased by 10%
Aug 29, 2025
Source: Doorify MLS #10118731
Listed For Rent
$2,150
Aug 29, 2025
Source: Zillow Rentals
ListingRemoved
$2,300
Jul 30, 2025
Source: Zillow Rentals
PriceChange
$2,300
Price decreased by 6%

Frequently asked questions about 509 E Cabarrus St

  • What is 509 E Cabarrus St estimated to be worth?
    Trulia's estimated value for 509 E Cabarrus St in Raleigh, NC is $422,500.
  • What is the price history for 509 E Cabarrus St?
    509 E Cabarrus St in Raleigh, NC last sold for $195,000 in August 2013.
  • 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.
  • Does 509 E Cabarrus St have parking?
    Yes, 509 E Cabarrus St in Raleigh, NC has on-site parking.

Homes for rent near 509 E Cabarrus St

Skip to last item
Skip to first item

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
Skip to last item
  • Results are loading
Skip to first item