Welcome to 531 Upper Sherman Avenue! This well-maintained, turnkey home offers exceptional flexibility for homeowners, investors, or multi-generational families. Featuring two bedrooms on the main level and an additional bedroom in the basement, along with a full bathroom on each level, the functional layout provides excellent potential for extended family living or additional rental income to help offset your mortgage. The interior features tasteful, semi-modern finishes and is move-in ready. Outside, enjoy a private backyard surrounded by mature cedars, complete with a detached shed/workshop equipped with electricity, ideal for hobbies, additional storage, or a dedicated workspace. Whether you're looking to get into the market, supplement your income, or accommodate extended family, this property offers versatility and value at an attractive price.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
700-1100
Lot Depth:
93'4½"28.5 m
Lot Frontage:
41'6"12.6 m
Direction Faces:
East
Bedrooms:
2+1
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
3
Rooms Below Grade:
3
Zoning:
R1
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
Apartment, Finished, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Fence - Full, Shed, Workshop
Parking Features:
Private
Parking Spaces:
3
Total Parking Spaces:
3.0
Family Room:
Yes
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$3,492 /
2026
Assessment:
$- /
-
Hamilton
Hamilton
Raleigh
Guest Accommodations, In-Law Suite, Primary Bedroom - Main Floor, Water Heater
Data was last updated November 5, 2026 at 01:15 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$564,950
Min list price:
$499,000
Max list price:
$769,900
Avg days on market:
45
Min days on market:
1
Max days on market:
132
These statistics are generated based on the current listing's property type
and located in
Raleigh. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.