The Washington Terrace Apartments are up for sale and in a 62-page proposal package to potential buyers mentions "modern gentrification." The packet offers a graph with how rent can increase almost 200 percent in the next few years.
Kierra Barbour just moved into the neighborhood and says she is frustrated.
"I think it's pitiful, that people are so selfish to not think about people. It's sad that they don't take other people's lives into consideration. They putting black folks out of their homes," Barbour said.
Barbour isn't the only one angry at developers.
"What they're doing is steering to a higher income bracket and they're getting priced out and shut out," said community activist Octavia Rainey. "I think when they do build these high end condos, everyone around here won't have any place to stay."
Raleigh Mayor Nancy McFarlane said it's a tough give and take.
"It's always a difficult balance, we want to see areas revitalized economically but we want to make sure all levels of income have housing," McFarlane said.