Description
Opportunity knocks at 1602 Malta Ave in Raleigh! This 4-bedroom, 2-bath home offers 1,196 sqft of potential in one of Raleigh’s fastest growing areas. Built in 1998, this property is primed for a full renovation or redevelopment play. R-10 Zoning and lot width allows for a large single family or duet-style two-unit townhome build (confirmed with Raleigh Development).
With an estimated flip ARV of $425,000 and nearby new builds selling above $1M , this is a strong value-add opportunity for investors looking to capitalize on the area’s rapid appreciation. Whether you’re planning a fix-and-flip or exploring new construction potential, the upside here is undeniable.
Full inspection report available—bring your contractor and your vision!
Address
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Address: 1602 Malta Avenue
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City: Raleigh
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State/county: NC
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Zip/Postal Code: 27610
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Area: NONE
Details
Updated on April 14, 2026 at 1:03 pm-
Property ID 4358614
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Price $240,000
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Bedrooms 4
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Bathrooms 2
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Garage Size x x
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Year Built 1998
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Property Type Single Family Residence, Residential
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Nonconforming Loan,Private
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Sewer Public Sewer
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Cooling Ceiling Fan(s),Central Air,Electric
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Heating Central,Forced Air,Natural Gas
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County Wake
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Property Type Residential
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Parking Driveway
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
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Architectural Style Ranch
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Down Payment
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Loan Amount
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Property Tax
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Home Insurance
Contact Information
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