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$265,000
4 Beds ⋅ 4 Baths ⋅ 10155301 MLS ⋅ CLOSED Status
Excellent investment property ideally located within close proximity to NC State University. This spacious third-floor unit features 4 bedrooms and 4 bathrooms, making it highly desirable for student housing or shared living. Remodeled in 2021, the unit offers modern upgrades including new appliances (dishwasher and refrigerator), fresh paint, and durable LVP flooring throughout. HOA initiated a re-roofing project, and it is in progress. Each bedroom includes its own private bathroom and walk-in closet, providing maximum privacy and convenience for residents. The property is already tenant-occupied through the end of July at $675 per room ($ 2,700/month), offering immediate rental income. Whether you're expanding your portfolio or looking for a turnkey rental, this property combines location, upgrades, and strong rental appeal.

1120 Carlton Ave Unit 301, Raleigh
$261,000
4 Beds ⋅ 4 Baths ⋅ 10156481 MLS ⋅ CLOSED Status
Investor opportunity walking distance to NC State! This 4 bedroom, 4 bathroom apartment offers strong rental potential in a highly desirable location near campus, dining, and public transit. Ideal for student housing, each bedroom features its own private bathroom for maximum tenant appeal. The current owner completed key upgrades in 2025 including Luxury Vinyl Plank flooring throughout (no carpet) and a brand new washer and dryer. Property currently has 2 tenants in place through July 31, 2026, providing immediate income potential with opportunity to lease remaining bedrooms for the upcoming academic term. Low-maintenance finishes and prime location make this a compelling addition to any investment portfolio.

1110 Carlton Ave Unit 204, Raleigh

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .