Capitol Heights Homes for Sale

Capitol Heights Homes for Sale

Welcome to Capitol Heights, a charming subdivision located in Raleigh, North Carolina. Situated in Wake County, Capitol Heights offers an ideal blend of suburban tranquility and urban convenience.

This family-friendly community is known for its well-maintained homes and beautiful surroundings. The neighborhood features a variety of architectural styles, ranging from traditional to contemporary, ensuring there is something to suit every taste.

Capitol Heights is conveniently located near major highways, making commuting a breeze for residents. With easy access to downtown Raleigh, you can enjoy all the amenities the city has to offer, including shopping, dining, and entertainment options.

When it comes to homes for sale in Capitol Heights, you'll find a range of options to choose from. Whether you're looking for a cozy starter home or a spacious family residence, there's something for everyone. Many properties in this subdivision boast large yards, perfect for outdoor activities and gardening enthusiasts.

In addition to its convenient location and attractive homes, Capitol Heights also offers access to excellent schools, parks, and recreational facilities. Families with children will appreciate the proximity to quality educational institutions, ensuring a well-rounded education for their little ones.

If you're in the market for a new home in Raleigh, Capitol Heights is definitely worth considering. With its welcoming community, convenient location, and diverse range of homes, this subdivision provides the perfect setting for you and your family to create lasting memories.

Newest Capitol Heights Homes for Sale

$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 .