Investor Alert!!! Top-floor 4 bedroom, 4 bathroom condo/apartment unit located near NCSU. Each bedroom suite features a private full bath and a walk-in closet in addition to the shared kitchen, laundry area, dining room, living room, and balcony. The Lake Park community amenities include a swimming pool, basketball court, and volleyball courts. Enjoy convenient access to the Lake Johnson Park, Avent Ferry Shopping Center, and the GoRaleigh bus line. Currently, 2 of the rooms are leased through July 15th, 2025, at $590 per month. The remaining 2 rooms are move-in ready and available for new leases. Ongoing rates are approximately $600 per month for individual rooms or around $2400 per month for the entire unit. Don't miss this exceptional investment opportunity with excellent cash flow potential!
Sold
$260,000
1321 Crab Orchard Dr APT 302, Raleigh, NC 27606
4beds
1,219sqft
Condominium, Residential, Multi Family
Built in 1999
-- sqft lot
$262,500 Zestimate®
$213/sqft
$184/mo HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: March 01, 2025 at 07:56am
Listed by:
Royle Sit 919-561-2166,
Cary-Raleigh Realty, Inc.
Bought with:
Royle Sit, 286339
Cary-Raleigh Realty, Inc.
Source: Doorify MLS,MLS#: 10038288

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Forced Air
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Refrigerator, Washer
- Laundry: In Unit, Laundry Closet
Features
- Bathtub/Shower Combination, Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Has basement: 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
- Total spaces: 4
- Parking features: Parking Lot
- Uncovered spaces: 4
Features
- Levels: One
- Exterior features: Balcony, Basketball Court
- Pool features: In Ground, Outdoor Pool, Community
- Has view: Yes
Details
- Parcel number: 0783823529
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Condominium, Residential, Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Pool
Location
- Region: Raleigh
- Subdivision: Lakepark Condos
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $184 monthly
- Amenities included: Basketball Court, Maintenance Grounds, Maintenance Structure, Management, Parking, Pool
- Services included: Maintenance Grounds, Maintenance Structure
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$262,500