550 E  Martin St, Raleigh, NC 27601
OFF MARKET

550 E Martin St
Raleigh, NC 27601

South Central
  • 3 Beds
  • 2 Baths
  • 1,113 sqft

$486,200

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $2,776/mo*

$486,200

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $2,776/mo*
3 Beds
2 Baths
1,113 sqft

Local Information

  • Map ViewExplore the area around 550 E Martin St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Contrary to Zillow records, this is a 1 unit home, not 2.

Neighborhood Description

Single-family living but just a few blocks walk to restaurants, nightlife, offices downtown. Chavis Way Greenway runs through the neighborhood.
550 E Martin St, Raleigh, NC 27601 is a 3 bedroom, 2 bathroom, 1,113 sqft single-family home in South Central, built in 2002. It last sold for $120,000 on Apr 19, 2002. It is currently off market. The Trulia Estimate is $486,200, with a rent estimate of $2,186/month.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 550 E Martin St

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Hardwood
Interior Details
AtticNumber of Rooms: 8Types of Rooms: Dining Room, Master BathCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Windows, Doors, Floors & Walls
Double Paned Windows
Security
Security System

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Cement ConcreteLawnPorch
Parking & Garage
Parking: Off Street, On Street

Property Information

Year Built
Year Built: 2002Year Updated: 2002
Property Type / Style
Property Type: Single Family HomeArchitecture: Conventional

Community

Units in Building: 1

Lot Information

Lot Area: 8712 sqft

Price History for 550 E Martin St

DatePriceEventSource
04/19/2002$120,000Sold
N/A
06/30/1998$61,500Sold
N/A

Market trends in Raleigh

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$427K
$6.83K
MoM
Sale-to-List Price
98.6%
0.4%
MoM
Price per sq ft
$231
$2
MoM
Available listings
2189
116
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$4,570
Assessment$521,762
Home facts updated by county records

Comparable Sales for 550 E Martin St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.16
Single-Family Home
$505,000
08/19/25
3
2
1,066
0.22
Single-Family Home
$757,000
08/01/25
3
2
1,227
0.15
Single-Family Home
$448,000
02/06/26
3
2.5
1,174
0.35
Single-Family Home
$875,000
07/10/25
3
2
1,370
0.32
Single-Family Home
$337,500
03/24/26
3
2
1,215
0.40
Single-Family Home
$595,000
12/11/25
3
2
1,398
0.41
Single-Family Home
$507,500
06/09/26
3
2
1,188
0.54
Single-Family Home
$310,000
12/15/25
3
2
1,422
0.24
Single-Family Home
$666,000
02/19/26
3
2
1,786
0.37
Single-Family Home
$248,000
01/12/26
3
1
1,131

Nearby homes

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

Assigned Schools

These are the assigned schools for 550 E Martin St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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 "
  • 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."
  • 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. "
  • 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. "

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Explore by feature - Pet Friendly

Explore by feature - Garage

Explore by feature - Air Conditioning

Explore by feature - Pool

Explore by feature - Washer/dryer

Explore by feature - Outdoor Space

Homes for sale near 550 E Martin St

Skip to last item
Skip to first item

Off Market Homes Near 550 E Martin St

Skip to last item
Skip to first item