Investor alert! Prime Investment Opportunity - 4 Bed/4 Bath Condo Near NCSU! This first-floor 4-bedroom, 4-bathroom condo offers an excellent opportunity for steady rental income. Currently, three bedrooms are leased through July 2025, with the fourth bedroom vacant and ready to be rented. Each bedroom features a private en-suite bath and walk-in closet, making it highly desirable for tenants. Three bedrooms leased at $600/month each (Potential total income of $2,400/month when fully occupied). Utilities included in rent: Water (capped at $50/unit) and electricity (capped at $100/unit). Water heater replaced in December 2021, HVAC installed in 2018. Walking distance to Lake Johnson Close to walking trails and North Carolina State University (NCSU) Convenient access to the NC State WolfLine bus route. Quick access to downtown Raleigh and I-40. Community Amenities include Pool Volleyball and basketball courts.
Sold for $272,000 on 07/22/25
$272,000
1430 Collegiate Cir APT 102, Raleigh, NC 27606
4beds
1,178sqft
Condominium, Residential
Built in 1999
-- sqft lot
$271,900 Zestimate®
$231/sqft
$1,943 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 07:04am
Listed by:
Naama Shaked 919-670-6380,
Berkshire Hathaway HomeService
Bought with:
Christina Valkanoff, 233901
Christina Valkanoff Realty Group
Source: Doorify MLS,MLS#: 10077089

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Water Heater
- Laundry: In Unit
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 1,178
- Total interior livable area: 1,178 sqft
- Finished area above ground: 1,178
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Pool features: Swimming Pool Com/Fee, Community
- Has view: Yes
Details
- Parcel number: 102
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium, Residential
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Pool, Sidewalks, Tennis Court(s)
Location
- Region: Raleigh
- Subdivision: University Commons Lake Pk
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $202 monthly
- Amenities included: Pool, Tennis Court(s)
- Services included: Maintenance Grounds, Maintenance Structure, Trash, Water
Services availability
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Estimated market value
$271,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$271,900