587 E Cabarrus St
Raleigh, NC 27601
South Central- 3 Beds
- 2.5 Baths
- 1,300 sqft
3 Beds
2.5 Baths
1,300 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1915
Living Area
1,300 sqft
Price/Sqft
$420
About this House
Here's one of Olde East Raleigh's historic gems emerging from a full restoration. With the addition, the home now has a modern open layout designed by award-winning Maurer Architecture along with granite, stainless steel appliances, main floor master bedroom, skyline views, hardwood floors, and a fenced in backyard. E. Cabarrus St. is one of Raleigh's new green streets and undergoing an extensive public investment. Surrounded by renovations and only 2 blocks to downtown's Moore Square Arts District.
587 E Cabarrus St, Raleigh, NC 27601 is a 3 bedroom, 3 bathroom, 1,300 sqft single-family home in South Central, built in 1915. It last sold for $480,000 on Jun 16, 2021. More recently, it was listed as a rental in November 2023 with an asking price of $2,450 per month. That rental listing was removed on January 10, 2024. It is currently off market. The Trulia Estimate is $546,600, with a rent estimate of $2,402/month.
Home Details for 587 E Cabarrus St
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Heating & Cooling Heating: Heat Pump, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Hardwood |
Interior Details AtticNumber of Rooms: 9Ceiling Fan |
Appliances & Utilities DishwasherDisposalMicrowave |
Security Security System |
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Exterior Home Features Roof: Shake ShingleExterior: CompositionPatio |
Parking & Garage Parking: On Street |
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Year Built Year Built: 1915Year Updated: 2016 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Units in Building: 1 |
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Lot Area: 2520 sqft |
Price History for 587 E Cabarrus St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/10/2024 | ListingRemoved | Doorify MLS #2540986 | |
| 12/27/2023 | $2,200 | PriceChange | Doorify MLS #2540986 |
| 12/12/2023 | $2,300 | PriceChange | Doorify MLS #2540986 |
| 11/07/2023 | $2,450 | Listed For Rent | Doorify MLS #2540986 |
| 06/16/2021 | $480,000 | Sold | Doorify MLS #2380618 |
| 05/03/2021 | $465,000 | Contingent | Doorify MLS #2380618 |
| 04/29/2021 | $465,000 | Listed For Sale | Doorify MLS #2380618 |
| 07/22/2016 | $313,500 | Sold | Doorify MLS #2059146 |
| 02/14/2007 | $49,000 | Sold | N/A |
Market trends in Raleigh
Last updated June 2026
Avg. sale price
$432K
$4.75KMoM
Sale-to-List Price
98.9%
0.3%MoM
Price per sq ft
$234
$3MoM
Available listings
2183
10MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,370 |
| Assessment | $498,739 |
Home facts updated by county records
Comparable Sales for 587 E Cabarrus St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $590,000 | 04/02/26 | 3 | 2.5 | 1,556 | |
0.16 | Single-Family Home | $448,000 | 02/06/26 | 3 | 2.5 | 1,174 | |
0.17 | Single-Family Home | $592,500 | 06/01/26 | 3 | 2.5 | 1,490 | |
0.11 | Single-Family Home | $582,000 | 05/13/26 | 2 | 2 | 912 | |
0.08 | Single-Family Home | $505,000 | 08/19/25 | 3 | 2 | 1,066 | |
0.26 | Single-Family Home | $337,500 | 03/24/26 | 3 | 2 | 1,215 | |
0.09 | Single-Family Home | $370,000 | 11/21/25 | 3 | 1 | 960 | |
0.38 | Single-Family Home | $490,000 | 07/24/26 | 3 | 2 | 1,080 | |
0.22 | Single-Family Home | $666,000 | 02/19/26 | 3 | 2 | 1,786 | |
0.25 | Single-Family Home | $655,000 | 07/17/26 | 3 | 2.5 | 1,704 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 587 E Cabarrus St.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 587 E Cabarrus St
Off Market Homes Near 587 E Cabarrus St
Frequently asked questions about 587 E Cabarrus St
- What is 587 E Cabarrus St estimated to be worth?Trulia's estimated value for 587 E Cabarrus St in Raleigh, NC is $546,600.
- What is the price history for 587 E Cabarrus St?587 E Cabarrus St in Raleigh, NC last sold for $480,000 in June 2021.
- 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 $432K. That is up $4.75K from the prior month.
- Does 587 E Cabarrus St have air conditioning?Yes, 587 E Cabarrus St in Raleigh, NC has air conditioning.
- How big is the lot at 587 E Cabarrus St?The lot at 587 E Cabarrus St in Raleigh, NC is about 0.06 acres (2,520 sq ft).

