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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
    $1,168,900 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!
    108 days
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    443
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    11
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    Zillow last checked: 7 hours ago

    Listing updated: March 30, 2026 at 01:52am

    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

        $1,168,900

        $1.11M - $1.23M

        $6,419/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
        $6,608/mo
        Principal & interest
        $5802
        Property taxes
        $673
        HOA Fees
        $133
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          Climate risks

          Neighborhood: South Central

          Getting around

          82 / 100
          Very Walkable
          68 / 100
          Good Transit
          65 / 100
          Bikeable

          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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