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Sold for $273,000 on 04/18/24
  • $273,000

    1140 Carlton Ave APT 102, Raleigh, NC 27606

    4beds
    1,287sqft
    Condominium, Residential, Multi Family
    Built in 1999
    -- sqft lot
    $270,100 Zestimate®
    $212/sqft
    $2,897 Estimated rent

    Owner options

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    $2,897/mo

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    $2,897/mo

    Rent Zestimate®

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    $1,864/mo

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    $1,864/mo

    Est. payment

    What's special

    Investor special or parent special! Interested in owning your own condo or creating a rental portfolio? Ever dreamed of wanting a passive income? Have a child headed to NC State but don't want to pay ridiculous rental prices? This is your chance! 4 bedroom, 4 bathroom located on the first floor providing numerous opportunities for investors or those looking to have one room to themselves and rent the other three. Unit has four residential lease agreements in effect providing net income opportunities until July 25th, 2024. Total Rental Income is $1,600/month right now while lease is still in effect. Tenants are covering their own utilities. Walking distance to NC State. This property has the opportunity to include another unit. Please refer to MLS Listing Number 10018149 for more information.

    Zillow last checked: 8 hours ago

    Listing updated: October 28, 2025 at 12:12am

    Listed by:

    Marisa Warren Chatman 919-616-8690,

    Winland Realty, LLC

    Bought with:

    Non Member

    Non Member Office

    Source: Doorify MLS,MLS#: 10018150MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Refrigerator, Washer/Dryer Stacked, Water Heater
    • Laundry: In Unit
    Features
    • Apartment/Suite, Bathtub/Shower Combination, Ceiling Fan(s), Laminate Counters
    • Flooring: Carpet, Vinyl
    • Windows: Blinds
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls, End Unit
    Interior area
    • Total structure area: 1,287
    • Total interior livable area: 1,287 sqft
    • Finished area above ground: 1,287
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Additional Parking, Common, Off Street, On Site, Outside, Parking Lot, Paved, Permit Required
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Bedroom, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Common Area
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Porch, Rear Porch
    • Exterior features: Storage
    • Pool features: None
    • Has view: Yes
    Lot
    • Features: Paved
    Details
    • Parcel number: 0256275
    • Zoning: RX-3
    • Special conditions: Seller Licensed Real Estate Professional

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium, Residential, Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Raleigh
    • Subdivision: University Oaks

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $300 monthly
    • Amenities included: Landscaping, Maintenance Grounds, Management, Parking, Trash, Water
    • Services included: Maintenance Grounds, Road Maintenance, Trash, Water

    Other

    Other facts
    • Road surface type: Asphalt, Paved
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    Estimated market value
    $270,100