Flip report generated Jun 4, 2025
The Flip Potential of
829 Coleman St Raleigh, NC
is medium.
Current Specs
3 Bed / 1 Bath
915 sqft
$301 per sqft
Estimated Value$275,000
Flip Advice
This 915 sqft, 3-bed/1-bath home in Raleigh's up-and-coming Quarry Hills neighborhood offers solid flip potential. Recently vacated by a long-term tenant and being sold AS IS, it provides a blank canvas with functional layout. Located minutes from Downtown Raleigh and surrounded by revitalized properties, it's priced at $275K ($301/sqft).
Apply the 70% rule—pay no more than 70% of after-repair value minus renovation costs. Adding space (to 1165 sqft) could increase value to $353K, while adding a bedroom and bath could push it to $322K. With nearby homes selling between $375K-$574K, focus on quality renovations that maximize ROI in this desirable location.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.