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Sold for $280,000 on 10/10/23
  • $280,000

    1241 University Ct APT 2, Raleigh, NC 27606

    4beds
    1,192sqft
    Condominium, Residential
    Built in 1997
    -- sqft lot
    $266,800 Zestimate®
    $235/sqft
    $1,771 Estimated rent

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    $1,771/mo

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    $1,771/mo

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    $1,788/mo

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    $1,788/mo

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    What's special

    Are you an investor looking for cash flow? Welcome to this spacious 4-bed, 4-bath condo in Raleigh, NC! Each bedroom boasts an ensuite bath and walk-in closet for ultimate convenience. Revel in the fresh look of new LVP flooring and a fresh coat of paint throughout. Ready for tenants? This unit comes complete with washer, dryer, and refrigerator. Enjoy the peace of mind with recent updates to systems including dishwasher, air handler & condenser, and water heater (2022- see docs). Hop on the Walnut Creek Trail across the street and explore Lake Johnson Park. Condos in this community can be rented by the room or the whole unit with the option of using the onsite property management company. Large parking lot on both sides of the building for tenants & their guests. Don't miss this opportunity to live in one room and rent the rest or cash flow on the whole thing!

    Zillow last checked: 8 hours ago

    Listing updated: October 27, 2025 at 11:33pm

    Listed by:

    Emily N Weems 919-724-6884,

    Keller Williams Realty United

    Bought with:

    michael Mayes, 317412

    Costello Real Estate & Investm

    Source: Doorify MLS,MLS#: 2528174MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Range Hood, Refrigerator, Washer
    • Laundry: Laundry Closet, Main Level
    Features
    • Ceiling Fan(s), Shower Only, Walk-In Closet(s)
    • Flooring: Vinyl
    • Windows: Blinds
    • Has fireplace: No
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 1,192
    • Total interior livable area: 1,192 sqft
    • Finished area above ground: 1,192
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Porch
    • Pool features: Community
    • Has view: Yes
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: 0783823950041

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium, Residential
    • Attached to another structure: Yes
    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: Pool
    Location
    • Region: Raleigh
    • Subdivision: University Commons Lake Pk

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $184 monthly
    • Amenities included: Pool
    • Services included: Maintenance Grounds, Maintenance Structure
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    Estimated market value
    $266,800