415 E Lane St Raleigh, NC 27601
Oakwood NeighborhoodEstimated payment $7,018/month
Highlights
- The property is located in a historic district
- Wood Flooring
- No HOA
- Conn Elementary Rated A-
- High Ceiling
- Covered Patio or Porch
About This Home
Own a rare piece of Raleigh history in the heart of Historic Oakwood. Built in 1915, the Historic Horton Broughton House is an architecturally significant residence offering timeless character, walkable city living, and exceptional investment flexibility. This beautifully maintained property is configured as a three unit triplex totaling more than 3,300 square feet, making it an outstanding opportunity for a buyer who wants to live in one unit and rent the other two, support multi generational living, or expand an investment portfolio in one of Raleigh's most sought after historic neighborhoods. The main level unit features a spacious three bedroom, one and a half bath layout with abundant natural light, graceful architectural details, and the warm historic character that defines Oakwood living. Upstairs, the home includes two additional one bedroom, one bath units, each offering efficient floor plans and excellent rental potential. These units are well suited for long term tenants, furnished rental opportunities, or guest suites depending on the owner's needs. Together, the triplex configuration provides a rare blend of lifestyle flexibility and income producing potential in a prime downtown location. With its grand double front porch, classical architectural elements, and charming tree lined surroundings, this home reflects the spirit of the Historic Oakwood community, a vibrant and walkable neighborhood just moments from Downtown Raleigh, the Person Street District, restaurants, breweries, parks, museums, and cultural landmarks. Buyers seeking a historic triplex, Downtown Raleigh investment property, or unique house hack opportunity will appreciate both the lifestyle and financial advantages that this property offers. If you have been searching for a distinctive property that combines historic charm, location, versatility, and long term value, the Horton Broughton House presents a rare opportunity to own a legacy residence in one of Raleigh's most cherished neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,884
Year Built
- Built in 1915
Lot Details
- 6,098 Sq Ft Lot
- Back Yard Fenced
Home Design
- Permanent Foundation
- Slate Roof
- Wood Siding
Interior Spaces
- 3,328 Sq Ft Home
- 2-Story Property
- Bookcases
- High Ceiling
- Ceiling Fan
- Basement
- Crawl Space
Kitchen
- Butlers Pantry
- Electric Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Bathtub with Shower
Parking
- On-Street Parking
- 3 Open Parking Spaces
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
Location
- The property is located in a historic district
Schools
- Conn Elementary School
- Oberlin Middle School
- Broughton High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 1704.20-90-0464 0041974
Community Details
Overview
- No Home Owners Association
- 3 Units
- Historic Oakwood Subdivision
Building Details
- 2 Leased Units
- 1 Vacant Unit
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2026 02/20/26 | Price Changed | $1,150,000 | -8.0% | $346 / Sq Ft |
| 01/22/2026 01/22/26 | For Sale | $1,250,000 | -- | $376 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $215,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $318,750 | Purchase Money Mortgage | |
| Closed | $32,250 | Stand Alone Second | |
| Closed | $161,250 | Purchase Money Mortgage |
Source: Doorify MLS
MLS Number: 10142671
APN: 1704.20-90-0464-000
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Ask me questions while you tour the home.