Investor special or parent special! Interested in owning your own condo or creating a rental portfolio? Ever dreamed of wanting a passive income? Have a child headed to NC State but don't want to pay ridiculous rental prices? This is your chance! 4 bedroom, 4 bathroom located on the first floor providing numerous opportunities for investors or those looking to have one room to themselves and rent the other three. Unit has four residential lease agreements in effect providing net income opportunities until July 25th, 2024. Total Rental Income is $1,600/month right now while lease is still in effect. Tenants are covering their own utilities. Walking distance to NC State. This property has the opportunity to include another unit. Please refer to MLS Listing Number 10018149 for more information.
Sold for $273,000 on 04/18/24
$273,000
1140 Carlton Ave APT 102, Raleigh, NC 27606
4beds
1,287sqft
Condominium, Residential, Multi Family
Built in 1999
-- sqft lot
$270,100 Zestimate®
$212/sqft
$2,897 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 12:12am
Listed by:
Marisa Warren Chatman 919-616-8690,
Winland Realty, LLC
Bought with:
Non Member
Non Member Office
Source: Doorify MLS,MLS#: 10018150
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Heat Pump
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Refrigerator, Washer/Dryer Stacked, Water Heater
- Laundry: In Unit
Features
- Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Laminate Counters
- Flooring: Carpet, Vinyl
- Windows: Blinds
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls, End Unit
Interior area
- Total structure area: 1,287
- Total interior livable area: 1,287 sqft
- Finished area above ground: 1,287
- Finished area below ground: 0
Property
Parking
- Parking features: Additional Parking, Common, Off Street, On Site, Outside, Parking Lot, Paved, Permit Required
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Bedroom, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Common Area
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Porch, Rear Porch
- Exterior features: Storage
- Pool features: None
- Has view: Yes
Lot
- Features: Paved
Details
- Parcel number: 0256275
- Zoning: RX-3
- Special conditions: Seller Licensed Real Estate Professional
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Street Lights
Location
- Region: Raleigh
- Subdivision: University Oaks
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $300 monthly
- Amenities included: Landscaping, Maintenance Grounds, Management, Parking, Trash, Water
- Services included: Maintenance Grounds, Road Maintenance, Trash, Water
Other
Other facts
- Road surface type: Asphalt, Paved
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Estimated market value
$270,100