Prime NC State investment opportunity! This 4-bedroom, 4-bath condo in Raleigh offers the ideal layout for student housing or long-term rental income. Each bedroom features its own private bathroom, creating strong appeal for roommates and maximizing rental potential. The functional floor plan includes a shared living area and kitchen, making it perfect for students or young professionals. Located just minutes from NC State University, Lake Johnson, Downtown Raleigh, I-40, I-440, PNC Arena, and the State Fairgrounds, this property sits in one of Raleigh's most desirable rental corridors with consistent tenant demand year-round. Enjoy top-floor privacy, low-maintenance condo living, and predictable expenses with HOA coverage. Whether you're looking for a turnkey income-producing property, student rental, or portfolio addition, this condo checks all the boxes. Strong rental demand, unbeatable location, and immediate income potential make this a smart buy in the heart of West Raleigh.
For sale
$290,000
1420 Collegiate Cir, Raleigh, NC 27606
4beds
1,071sqft
Est.:
Condominium, Residential
Built in 1997
-- sqft lot
$-- Zestimate®
$271/sqft
$202/mo HOA
What's special
Top-floor privacyFunctional floor plan
- 73 days |
- 197 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: March 14, 2026 at 10:29am
Listed by:
Casey Styers 336-416-3078,
EXP Realty LLC
Source: Doorify MLS,MLS#: 10141240
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric
Cooling
- Central Air
Features
- Flooring: Vinyl
Interior area
- Total structure area: 1,071
- Total interior livable area: 1,071 sqft
- Finished area above ground: 1,071
- Finished area below ground: 0
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Has view: Yes
Details
- Parcel number: 0783826312
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium, Residential
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Tile
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: University Commons Lake Pk
HOA
- Has HOA: Yes
- Services included: Unknown
- HOA fee: $202 monthly
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $172,657
- Annual tax amount: $2,377
- Date on market: 1/17/2026
- Lease term: 12 Months
Estimated market value
Not available
Estimated sales range
Not available
$2,126/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2026 | Listed for sale | $290,000+184.3%$271/sqft |
Source: eXp Realty #10141240 Report a problem | ||
| 8/23/2007 | Sold | $102,000$95/sqft |
Source: Doorify MLS #916172 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $1,768 +4% | $172,657 |
| 2021 | $1,700 +1.8% | $172,657 |
| 2020 | $1,669 +30% | $172,657 +58.2% |
| 2019 | $1,284 | $109,107 |
| 2018 | $1,284 +11.2% | $109,107 |
| 2017 | $1,155 +2.1% | $109,107 |
| 2016 | $1,132 +8.1% | $109,107 +10.1% |
| 2015 | $1,046 +5.4% | $99,123 |
| 2014 | $993 | $99,123 |
| 2013 | -- | $99,123 |
| 2012 | -- | $99,123 |
| 2011 | -- | $99,123 |
| 2010 | -- | $99,123 |
| 2009 | -- | $99,123 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,820/mo
Principal & interest
$1454
HOA Fees
$202
Property taxes
$164
More affordability tools
Climate risks
Neighborhood: West Raleigh
Nearby schools
GreatSchools rating
- 9/10Combs ElementaryGrades: PK-5Distance: 0.9 mi
- 2/10Centennial Campus MiddleGrades: 6-8Distance: 3.5 mi
- 8/10Athens Drive HighGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Wake County Schools
- Middle: Wake County Schools
- High: Wake County Schools
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 27606
- North Carolina
- Wake County
- Raleigh
- 27606
- West Raleigh
- 1420 Collegiate Cir




