Investor Opportunity in Forest Hills Teardown, Renovation or New Build. Rare opportunity to acquire a property in one of Raleigh's most desirable locations, just minutes from the Village District. Positioned on a generous homesite with mature trees and surrounded by established homes, 2601 Van Dyke Avenue offers investors,… Read More builders, and developers the flexibility to renovate the existing home, pursue a teardown, or create a new custom build in an established neighborhood. The existing classic ranch has been lovingly owned by the same family since it was built and features original hardwood floors, solid structural integrity, and plenty of character. For an investor looking to add value, the property provides multiple paths to maximize its potential — from a full renovation or expansion to replacing the existing structure with a new construction home. Existing new construction plans and permits are available at closing, offering a valuable starting point for buyers considering a future build and helping streamline the vision for the property. An adjacent parcel is also available, creating the opportunity to acquire two side-by-side properties for multiple new builds, a larger homesite, or a private estate. The location adds to the investment appeal. Just minutes from the Village District, Downtown Raleigh, NC State, Jaycee Park, and Latta University Historic Park, the property is surrounded by restaurants, coffee shops, shopping, parks, and established residential neighborhoods. Whether you're looking for a teardown opportunity, new-build site, renovation project, or long-term investment in Forest Hills, this property offers the location and flexibility that make it worth a closer look. Opportunities to acquire a property with this combination of prime location, generous homesite, and redevelopment potential are increasingly rare. Home is being sold as-is, where is. Read Less
Courtesy of Monarch Realty Co., Jason Queen, 919-606-2905.
Listing Snapshot
Days Online
103
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,158
Lot Size
0.2 Acres
Year Built
1939
MLS Number
10170652
Additional Details
Property Access
Road Frontage Type: City Street, Road Surface Type: Asphalt
Appliances & Equipment
Appliances: None
Basement
Basement: Other
Building
Building Area Total: 1158, Building Area Units: Square Feet, Construction Materials: See Remarks, Living Area Units: Square Feet, Living Area: 1158, Structure Type: House, Year Built: 1939
Community
Community Features: Historical Area, Park, Playground, Restaurant, Sidewalks, Street Lights
Cooling
Cooling: None
Floors
Flooring: Linoleum, Wood
Foundation
Foundation Details: Combination
Garage
1 garage space, Attached Garage, Garage Included
Heating
Heating: Other, Heating Included
Lot
Lot Features: City Lot, Few Trees, Lot Size Acres: 0.2, Lot Size Area: 8712, Lot Size Dimensions: 59 x 150 x 56 x 152, Lot Size Square Feet: 8712, Lot Size Units: Square Feet, Parcel Number: 079416848590000 0025574
Parking
Parking Features: Attached, Driveway, Off Street, On Street, Open Parking
Property
Property Sub Type: Single Family Residence, View: None, Zoning: R-6
Roof
Roof: Shingle
Sewer
Sewer: Public Sewer
Taxes
Tax Annual Amount: 4341.37
Utilities
Utilities: None, Water Source: Public
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