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252-714-6017
Real Estate Company
1006 Carlton Ave, Raleigh, NC 27606
- $418,900
- 4
- BD
- 2
- BA
- 1,285
- SqFt
Seller Representative Berkshire Hathaway HomeService
- List Price
- $418,900
- Status
- ACTIVE
- Days on Market
- 75
- Price Change
- ▼ $100 1792637433
- MLS#
- 10189998
- Subtype
- Residential
- Style
- Cape Cod, Traditional
- Year Built
- 1950
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,285
- Lot Size
- 6,098
- Acres
- 0.14
- Subdivision
- Not In A Subdivision
Property Description
Exceptional investment opportunity one block from NC State University—just a three-minute walk to campus! Designed for strong rental flexibility, the property offers four bedrooms, two full baths, and an additional flex space that could serve as a fifth bedroom, office, or study. If rented with 5 bedroom spaces monthly cash flow could easily surpass $4,000, giving an investor the potential to maximize rental income and cash flow. Residents can walk to classes, Greek Village, restaurants, shopping, and everyday conveniences, helping drive consistent demand. See attached survey for likely placement of an optional ADU, which offers additional upside and value add. With its highly desirable location and income-producing potential, this property offers a rare opportunity to own rental housing in the heart of the NC State community.
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Additional Information
- Interior Features
- Laminate Counters, Track Lighting
- Exterior Features
- Private Yard, Rain Gutters
- Taxes
- $2,872
- Property Description
- Cape Cod, Traditional
- Zoning
- RX-3
- Flooring
- Carpet, Vinyl, Wood
- Appliances
- Dishwasher, Electric Range, Range, Microwave, Stainless Steel Appliance(s)
- Heating
- Central, Electric, Forced Air
- Air Conditioning
- Central Air
- Stories
- 1
- Levels
- One, One and One Half
- Roof
- Shingle
- Foundation
- Crawl Space
- Parking Features
- Paved, Driveway, Parking Pad
- Elementary School
- Wake - Olds Elementary
- Middle School
- Wake - Martin Middle
- High School
- Wake - Athens Drive High
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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 .