Capitol Heights Homes with Wake - William G Enloe High High School

Capitol Heights Homes with Wake - William G Enloe High High School

Welcome to Capitol Heights, a vibrant and inviting subdivision nestled in the heart of Raleigh, North Carolina. This charming community is perfectly situated in Wake County, offering residents a delightful blend of suburban tranquility and urban convenience. With its tree-lined streets and friendly atmosphere, Capitol Heights is an ideal place for families, young professionals, and retirees alike.

One of the standout features of this neighborhood is its proximity to the highly regarded William G. Enloe High School. Families with school-aged children will appreciate the excellent educational opportunities available, making it easy for students to thrive academically. The school’s commitment to fostering a supportive learning environment ensures that your children will receive a top-notch education just a short distance from home.

Capitol Heights boasts a diverse array of homes, ranging from charming single-family residences to modern townhouses. Many properties feature spacious yards, perfect for outdoor gatherings or quiet evenings under the stars. The community is also conveniently located near various parks, shopping centers, and dining options, providing residents with everything they need just moments away.

For those who enjoy an active lifestyle, Capitol Heights offers easy access to walking trails and recreational facilities, ensuring that you can stay fit and enjoy the great outdoors. With its friendly neighbors and strong sense of community, Capitol Heights is more than just a place to live—it’s a place to call home. Come explore this delightful subdivision and discover why so many are proud to be a part of the Capitol Heights family!

Newest Capitol Heights Homes with Wake - William G Enloe High High School

$625,000
8 Beds ⋅ 2 Baths ⋅ 10180777 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a cash-flowing asset in one of Raleigh's most desirable and rapidly evolving urban neighborhoods. Located at 700 Glascock Street, this income-producing property sits on a highly visible corner lot comprising approximately 0.22 acres and offers investors immediate returns alongside compelling long-term redevelopment potential. The property is zoned R-10 and positioned within one of Raleigh's most active redevelopment corridors. Surrounded by luxury new construction and high-end infill development, the site is ideally situated to benefit from continued neighborhood growth and increasing land values. Currently operating as an 8-room income-producing property generating approximately $62,700 in annual gross income ($5,225/month), the asset benefits from strong rental demand and flexible month-to-month occupancy agreements. The property has been well maintained and improved, with major updates already completed, including a new roof in 2023; HVAC systems installed in 2019; furnaces replaced in 2018 and 2019; a hot water heater installed in 2019; updated bathrooms and kitchen cabinetry in 2023; new windows installed in 2024 and 2025; new gutters in 2025; and fresh interior and exterior paint completed in 2025. Public water and sewer service, along with approximately 10 off-street parking spaces, further enhance the property's functionality and appeal. Beyond the property's income potential, the location offers the highly desirable lifestyle amenities driving demand throughout Downtown Raleigh's urban core. Residents are close to a growing collection of restaurants, retail destinations, and neighborhood gathering spots while enjoying convenient access to Oakwood Park, Gateway Plaza, area schools, greenway trails, and public transit. A nearby dog park and numerous recreational amenities further enhance the area's appeal. The combination of connectivity, and the city's sought-after "live, work, play" lifestyle makes this location particularly attractive to both tenants and long-term investors. Whether pursuing stable cash flow, a value-add investment strategy, land banking, or future redevelopment, 700 Glascock Street offers multiple paths to value creation in one of Raleigh's strongest growth markets. Opportunities combining current income, corner-lot positioning, and proximity to Downtown Raleigh are increasingly difficult to find.

700 Glascock St, Raleigh
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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .