1140 Carlton Avenue 201, Raleigh, NC 27606

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$285,000

bedrooms

bathrooms

square feet

1,287

Acreage

0.0

Open Houses

year built

1999

Full Baths

Half Baths

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Investor Special! Whether you're starting your rental portfolio, looking for passive income, or want a cost-effective housing option for a student at NC State, this is your opportunity. This second-floor, one-level 4-bedroom, 4-bathroom condo offers flexibility for both investors and owner-occupants. Live in one room, lease the other three, or rent out all four for maximum return. The unit is currently leased through July 23, 2026, with four individual residential lease agreements in place. It generates $1,975/month in rental income, with tenants responsible for their own utilities, water and electricity are covered by the HOA. Located within walking distance to NC State University, this property offers strong rental demand and long-term investment potential.

Location
Subdivision	University Oaks
County	Wake
Elementary School	Wake County Schools
Middle School	Wake County Schools
High School	Wake County Schools

Driving directions

Open houses

None scheduled.

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MLS number: 10087509

Listing agent: Dona Aguayo

Listing broker: Keller Williams Elite Realty (984) 244-5835

Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 8 2025 at 4:09 p.m. EDT

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