$262,000
 $1,406 est/mo Sourced by Back At You

1231 University Court 304,Raleigh, NC 27606

Raleigh, NC 27606

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Description

INVESTOR ALERT!! Prime investment opportunity - 4 bedroom/ 4 bathroom with large living area, galley kitchen, balcony, laundry closet - the perfect set up for roommates! Each bedroom has a full en suite bathroom and walk-in closet. No carpet! Wood laminate flooring throughout. Newer appliances. HVAC 2022. Washer and Dryer are included. Walking/biking distance to NC State campus, Lake Johnson, hiking trails/greenway, Village District, Farmers Market, downtown Raleigh. WOLFLINE bus route. The Lake Park amenities include: swimming pool, volleyball, basketball courts, playground. Currently ALL 4 bedrooms are leased through July 2027. Steady income of $2300 per month. Wilson Property Management is onsite or you can hire your own management co.

Details

MLS #10182546
Listing TypeFor Lease
StyleCondominium
HOA Dues$202
StatusActive
Year1997
Days On Site47
Listing Provided ByBerkshire Hathaway HomeService | Jeannie Kyle

Features

Bed(s)4
Bath(s) 4 Total
SQ Feet1,219
Story(s)1
ZoningR-10

Interior

Interior FeaturesApartment/Suite, Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Laminate Counters, Living/Dining Room Combination
Heating Yes / NoNo
Cooling Yes / NoYes
CoolingCentral Air
Laundry FeaturesLaundry Closet
Rooms Total6

Exterior

Exterior FeaturesBalcony, Lighting, Private Entrance
RoofShingle
Foundation DetailsSlab
Community FeaturesPlayground, Pool, Sidewalks
Construction MaterialsVinyl Siding
Patio And Porch FeaturesCovered, Porch

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesCommon, On Site, Parking Lot, Unassigned

Location

Association AmenitiesLandscaping, Maintenance Grounds, Maintenance Structure, Management, Parking, Pool, Roof Deck, Trash
Community FeaturesPlayground, Pool, Sidewalks

Utilities

UtilitiesElectricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
SewerPublic Sewer

Taxes

Tax Assessed Value265680
Tax Legal DescriptionUniversity Comm Lake Park Bld1b Unk
Tax Year2026

Area Information

StateNC
CountyWake
CityRaleigh
Zip Code27606
AreaWake
Community NameLake Park
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in Lake Park)
Price:
$262,000
low | high
Med:
$199,000
74.045801526718% of Average
sqft:
1,219
low | high
Med:
1,056
63.371616078753% of Average
$ / sqft:
$215
low | high
Med:
$188
62.321810663891% of Average
On site:
47
low | high
Med:
26
100% of Average
Sourced by Back At You

Market Activity 27606

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Learn More About This Property

StateNC
CountyWake
CityRaleigh
Zip Code27606
AreaWake
Community NameLake Park
School DistrictWake County Schools
Elementary SchoolWake County Schools
High SchoolWake County Schools
Listing VS Median (in Lake Park)
Price:
$262,000
low | high
Med:
$199,000
74.045801526718% of Average
sqft:
1,219
low | high
Med:
1,056
63.371616078753% of Average
$ / sqft:
$215
low | high
Med:
$188
62.321810663891% of Average
On site:
47
low | high
Med:
26
100% of Average
Sourced by Back At You
Listing Updated: August 10, 2026 at 2:44:14 PM PDT
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