Raleigh police officers responded at approximately 11:20 p.m., to 214 South Blount St. and found the victim suffering from a stab wound.
He was taken to a hospital with significant injuries and later died.
Raleigh Police Department identified the victim as 25-year-old Shawn Stovall.
Quinton Andrews, 41, has been arrested and charged with murder, police said Thursday.
Anyone with information on this case is asked to visit Crimestoppers for anonymous reporting options or call (919) 996-1193.
RPD also responded to a stabbing just before 5 a.m. on Hill Street, The victim had been stabbed in the leg but refused to cooperate with officers.
RELATED: City of Raleigh planning to hire security to help patrol downtown
Earlier Tuesday, the Wake County Sheriff's Office responded to a stabbing that left a woman dead and a man injured on Ligon Mill Road in Wake Forest.
ABC11 is tracking crime and safety across Raleigh and in your neighborhood