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New construction
  • Price cut: $106.8K (2/4)
    $1,188,000

    409 Alston St, Raleigh, NC 27601

    8beds
    4,064sqft
    : 
    Condominium, Residential
    Built in 2025
    -- sqft lot
    $1,175,000 Zestimate®
    $292/sqft
    $133/mo HOA

    What's special

    Contemporary cabinetrySleek modern finishes throughoutCustom tile workHerringbone hardwood flooringWet barImpressive skyline viewsGas range
    Rare opportunity to secure instant equity in Downtown Raleigh with this modern townhome-style condo, recently appraised above list price. Located just minutes from Downtown Raleigh, Transfer Co. Food Hall, Moore Square, and Fayetteville Street, this multi-level 8BR/6BA home delivers a true urban lifestyle with premium design, and flexible living options. The property's unique connected two-unit configuration provides outstanding versatility. The layout supports co-living, multi-generational living, work-from-home setups, income-producing opportunities, or shared ownership. Eligible for short-term and mid-term rental use. Ownership structure is flexible—fractional/co-ownership and LLC buyers are permitted under the declaration. This dual-unit offering allows buyers to occupy one residence while generating rental income from the second — a smart path to offset expenses and build equity. Both units individually features thoughtfully crafted interiors with a 5-zone HVAC system for personalized comfort, herringbone hardwood flooring, custom tile work, and sleek modern finishes throughout. The kitchen showcases Samsung Bespoke appliances, gas range, and contemporary cabinetry. The top floor is designed for entertaining with a wet bar, wine fridge, and direct access to a rooftop terrace offering impressive skyline views. Additionally, the top floor flex space can be used as a home office, guest room, or additional sleeping space. The primary suite includes a private balcony for added outdoor living. Two bedrooms offer ensuite or direct bath access—ideal for guests, roommates, or shared living arrangements. Energy-efficient and low-maintenance features include a tankless water heater and metal roof. Surrounded by restaurants, breweries, coffee shops, parks, and cultural attractions, this residence combines modern design, downtown convenience, and strong attraction value. An excellent choice for anyone seeking a contemporary urban home with built-in equity and exceptional flexibility, located in Downtown Raleigh, and close proximity to top rated schools. Schedule your showing today!
    63 days
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    596
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    28
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    Zillow last checked: 8 hours ago

    Listing updated: February 11, 2026 at 11:43am

    Listed by:

    Landon Stone 336-515-6902,

    Real Broker, LLC

    Source: Doorify MLS,MLS#: 10137817MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Forced Air, Heat Pump
    Cooling
    • Central Air, Heat Pump, Zoned
    Appliances
    • Included: Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
    • Laundry: Laundry Room, Upper Level
    Features
    • Double Vanity, Pantry, Master Downstairs, Recessed Lighting, Smart Thermostat, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Water Closet, Wet Bar
    • Flooring: Hardwood, Slate, Tile
    • Doors: Sliding Doors
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 4,064
    • Total interior livable area: 4,064 sqft
    • Finished area above ground: 4,064
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Common, On Street, Open, Parking Pad
    • Uncovered spaces: 4
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Front Porch
    • Exterior features: Balcony, Private Entrance
    • Has view: Yes
    Lot
    • Size: 5,662.8 Square Feet
    • Features: Landscaped
    Details
    • Parcel number: 171309076184000 0494564
    • Zoning: R-10
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary, Modern
    • Property subtype: Condominium, Residential
    Materials
    • Block, Fiber Cement
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • New construction: Yes
    • Year built: 2025
    • Major remodel year: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Not in a Subdivision
    HOA
    • Has HOA: Yes
    • Services included: Insurance
    • HOA fee: $133 monthly
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $292/sqft
    • Tax assessed value: $1,049,690
    • Annual tax amount: $7,846
    • Date on market: 12/18/2025

    Estimated market value

    $1,175,000

    $1.12M - $1.23M

    $5,691/mo

    Price history

    Price history
    DateEventPrice
    2/4/2026Price change$1,188,000-8.2%$292/sqft
    Source: Doorify MLS #10137817 Report a problem
    12/18/2025Listed for sale$1,294,800+3.6%$319/sqft
    Source: Doorify MLS #10137817 Report a problem
    10/21/2025Listing removed$1,250,000$308/sqft
    Source: Doorify MLS #10121568 Report a problem
    9/12/2025Listed for sale$1,250,000+212.5%$308/sqft
    Source: Doorify MLS #10121568 Report a problem
    6/21/2024Sold$400,000+166.7%$98/sqft
    Source: Public Record Report a problem
    2/13/2019Sold$150,000-34.5%$37/sqft
    Source: Public Record Report a problem
    1/22/2019Pending sale$229,000$56/sqft
    Source: CENTURY 21 Triangle Group #2222513 Report a problem
    11/2/2018Listed for sale$229,000$56/sqft
    Source: CENTURY 21 Triangle Group #2222513 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$7,847 +201.2%$1,049,690 +249.9%
    2024$2,606 +36.6%$300,000
    2023$1,908 --
    2022-- $175,000 +11.1%
    2021$1,532 +1.9%$157,500
    2020$1,504 +188.8%$157,500 +279.5%
    2019$521 $41,505
    2018$521 $41,505
    2017-- $41,505 -37.4%
    2016-- $66,305 +48.4%
    2015-- $44,685
    2014-- $44,685
    2013-- $44,685
    2012-- $44,685 +99.5%
    2011-- $22,400
    2010-- $22,400
    2009-- $22,400
    2008-- --
    2007-- --
    2006-- --
    2005-- --

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $6,491/mo
    Principal & interest
    $5685
    Property taxes
    $673
    HOA Fees
    $133

      Climate risks

      Neighborhood: South Central

      Nearby schools

      GreatSchools rating
      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.

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