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Sold for $260,000 on 11/15/22
  • $260,000

    1221 University Ct APT 302, Raleigh, NC 27606

    4beds
    1,219sqft
    Condominium, Residential
    Built in 1997
    -- sqft lot
    $264,300 Zestimate®
    $213/sqft
    $1,768 Estimated rent

    Owner options

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    $1,768/mo

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    $1,768/mo

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    $1,673/mo

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    $1,673/mo

    Est. payment

    What's special

    Great Investment Opportunity! 3rd Floor Unit Condo in fantastic Raleigh location with 4 bedrooms and 4 individual private full baths. Floor plan features common area living, kitchen and dining space, laundry and balcony with storage. Tenants currently in place with monthly rental income of $1910. One lease month to month, 2nd- 04/30 and 3rd & 4th-05/31. Newer AC and water heater (2020). Low maintenance flooring with no carpet to replace. Fabulous location close to NC State (on the Wolf Line), Meredith College, downtown Raleigh and major highways. Walk to Lake Johnson. The Lake park community includes a pool, volleyball and basketball courts, grilling areas and so much more!

    Zillow last checked: 8 hours ago

    Listing updated: October 27, 2025 at 07:48pm

    Listed by:

    Rhonda Benkiel 919-609-8333,

    The NC Real Estate Firm, LLC

    Bought with:

    Natarsha McAllister, 285608

    Costello Real Estate & Investm

    Source: Doorify MLS,MLS#: 2480509MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    Features
    • Entrance Foyer, Storage
    • Flooring: Hardwood, Laminate, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 1,219
    • Total interior livable area: 1,219 sqft
    • Finished area above ground: 1,219
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Porch
    • Has view: Yes
    Details
    • Parcel number: 0783823950009
    • Zoning: R-10

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Transitional
    • Property subtype: Condominium, Residential
    Materials
    • Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Raleigh
    • Subdivision: Lakepark Condos

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $184 monthly
    • Amenities included: Pool
    • Services included: Maintenance Structure, Trash
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    Estimated market value
    $264,300